Planned Giving

Join the 1902 Heritage Society
To become a member, simply inform the Development Office in writing that you have named Benedictine Military School as a beneficiary in your financial or estate plans.

If you have named Benedictine Military School in your estate plans, please notify:
Greg Markiton '92
Director of Advancement
912-644-7016
greg.markiton@bcsav.net

 

What is a Planned Gift?

  • A planned gift is one you arrange during your lifetime with the benefit to Benedictine Military School deferred to a future date.
  • Planned gifts are a vital source for assuring the financial strength, continuity, growth, and traditions of BC.
  • Planned gifts serve as crucial elements of your estate planning and tax savings strategies.

What are some examples of Planned Gifts?

  • Gifts that Cost Nothing
    Include Benedictine as a beneficiary in your
    • Will
    • Life insurance policy
    • IRA or 401(k) or 403(b)
  • Gifts that Produce Income
    These are gifts that can be arranged now using assets that will eventually pass to Benedictine but from which you can draw income during your lifetime. Such life income gifts include charitable gift annuities and charitable remainder trusts.

    Life income gifts can be structured to substantially increase the income you are receiving from the assets while also providing you a significant current income tax deduction.
  • Gifts that will provide IMMEDIATE Tax Savings and benefit Benedictine NOW
    A direct distribution from your IRA to Benedictine is available now for those aged 70 ½ or older. The Tax Relief Act of 2010 allows qualified individuals to make direct distributions from traditional or Roth IRAs without incurring any federal income tax on the amount withdrawn (up to $100,000). The distribution must be made directly from the IRA to Benedictine. This special provision is set to expire at the end of 2011..

Contact:
For more information about how you can leave a legacy to BC, please contact:

Greg Markiton ‘92
Director of Advancement
(912) 644-7016
greg.markiton@bcsav.net

Founded in 1902, Benedictine Military School is an all-male, Catholic, college preparatory day school educating young men in grades 9-12.

Benedictine Military School
6502 Seawright Drive
Savannah, GA 31406
(912) 644-7000
or send us a message

 

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