Philanthropy Options
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Bequests A bequest can be in the form of a specific gift of cash or property. Bequests can be made as sums or percentages. They may be structured to provide support to specific JCHS programs, or can be given without restriction to best meet future needs. Every dollar that is given to JCHS through a bequest or other testamentary gift is fully deductible for federal estate tax purposes. Charitable Remainder Trusts A Charitable Remainder Trust is a special irrevocable trust created from a donated amount that is held in trust and set up to pay income back to the donor and/ or to family members during the term of the trust. At the end of the term, or upon death of the donor, the assets remaining in the trust are distributed to charities specified by the donor Gifts of Real Property Donors may contribute land, buildings, leases or other items of value. This option may enable John Carroll to acquire muchneeded property to expand its boundaries or may serve as an investment for the school. Gifts of cash Gifts of cash, check, and by credit card are always welcome. This option offers John Carroll immediate financial support and allows a tax deduction to the extent permitted by current tax laws. Gift Matching Programs Ask your employer to match your contribution. Many corporations have gift matching programs and will match their employees' contributions to nonprofit organizations. Gifts in Kind Contributions of products, merchandise, equipment, or services can provide support for the school. If you or your company would be able to provide a service, please contact the school. Gift of Securitites Contributions of mutual funds, publicly traded stocks, and bonds may enable donors to contribute a larger gift at a lesser cost. Transferring gifts of securities to John Carroll is easy and if timed and planned carefully, can provide significant tax benefits. You will avoid paying the capital gains tax on the appreciation and will qualify for an income tax charitable deduction based on the fair market value of your securities on the date you made the gift. |
Life Insurance Consider making John Carroll a beneficiary or partial beneficiary of your life insurance policy. You may also transfer ownership of a paid up policy that your family no longer needs. Memorial Gifts Memorial gifts offer an opportunity to remember a special family member, leader in the community, influential role model, or someone special in your life. The memorial gift can be made in any amount to honor a special someone who has passed away. Personalized Scholarship Local businesses or individuals have the opportunity to create the criteria for scholarships, provide the funding, and select the recipient. The scholarship can be named after the business or individual if so desired. Sponsorship Program Change a student's life by sponsoring a specific need. You may select the student or set criteria for the school to select a deserving recipient. Examples include: $250 Book Fee $400 Registration Fee $100 Athletic Fee
John Carroll has taught me responsibility, leadership, life skills, and that hard work and dedication are key to success. "
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