Planned Giving

A planned gift to Mother McAuley indicates a commitment to the long-term success of the School and its      students. These gifts, generally made through bequests and trusts, will create a very strong cornerstone for the future of McAuley. Making a planned gift confers membership in the Catherine McAuley Legacy Society.

Planned gifts to McAuley can help:

  • further the School and its mission
  • ensure the future financial strength of the school
  • provide future generations of students with an exceptional learning experience

PLANNED GIVING IS SIMPLE.

Click on the tab "gift ideas" below to see how easy it is to include Mother McAuley in your estate.
Many loyal supporters of the school have chosen to join the Catherine McAuley Legacy Society by including Mother McAuley in their estate planning. There is no minimum contribution—just the desire to participate in McAuley’s future.

The Planned Giving office is committed to providing you with the information you need to pursue your personal, financial, and charitable giving goals. If you have an interest in learning more about how you can make a gift to the school that will last a lifetime, please contact Carey Temple Harrington ’86, Vice President of Institutional Advancements at (773) 881-6558 or via email at charrington@mothermcauley.org

 

GIFT IDEAS

Bequests

Including Mother McAuley as a beneficiary in your will ensures that the school is able to provide an excellent education for students in the future. You can choose to bequeath a monetary sum or a percentage of your estate. If you already have an up-to-date will, you may add a provision for McAuley through a codicil that simply states your latest intentions. 
For specific bequest information, including sample language, please click here.
 

Retirement Funds

Qualified retirement plans are a good choice for investing in the future of Mother McAuley. If left in your estate, your heirs will pay income tax on these assets in addition to estate taxes, often amounting to a total taxation of up to 75 percent. By bequeathing your retirement plan assets to McAuley, you will make sure that 100 percent of these funds will support your wishes. To learn more, click here. 
 

Charitable Remainder Trusts

Charitable remainder trusts are individual trusts that can be funded with cash, tax-exempt assets or appreciated property. Remainder annuity trusts distribute a fixed dollar amount of income, and remainder unitrusts distribute a variable amount either for a set term of years or for the lifetimes of the beneficiaries. Mother McAuley then receives the remainder of the trust assets. Advantages include:

  • Annual income for yourself and/or other beneficiaries
  • An immediate charitable deduction
  • Elimination of capital gains tax on appreciated assets
  • Estate tax savings

Charitable Lead Trusts

You can support Mother McAuley today for a term of years or for the life of an individual by creating a charitable lead trust. Once funded with cash, appreciated securities or even closely-held stock (subject to approval by McAuley), the trust pays income to McAuley each year during the term of the trust. At the end of the term, the assets and appreciation will pass to the individuals the donor wishes to benefit with reduced or zero gift and estate taxes. And you will have provided McAuley with a significant stream of income to fund current capital projects or other priorities you are interested in supporting.

Life Insurance

An outright gift of a paid-up life insurance policy makes an excellent charitable gift. You can also make Mother McAuley the beneficiary of an existing policy, or take out a new policy with McAuley as the owner and beneficiary.