Planned Giving

List of 4 items.

• What is a Planned Gift

  Planned giving is also referred to as gift planning or legacy giving. It enables philanthropic individuals to make larger gifts to charitable organizations than they could make from ordinary income.

  
  Some planned gifts provide life-long income to donor. Other gift plans use estate and tax planning to provide for charity and heirs in ways that maximize the gift and/or minimize its impact on the donor’s estate.

  
  Thus, by definition, a planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning. These include gifts of equity, life insurance, real estate, personal property, or cash.
  
  (source: plannedgiving.com)

• Founding Members of The 1902 Heritage Society

  The 1902 Heritage Society recognizes those who have made a commitment to Benedictine through a planned gift.  The first one hundred members will be recognized as the Founding Members of The 1902 Heritage Society.
  
  To become a member, simply inform the Advancement Office by calling (912) 644-7016.
  
  Mr. & Mrs. Donald G. Arpin
  Estate of Annie Mae D. Bankston
  John A. Brent '59
  Mrs. Bobbie J. Bridgers
  Mrs. Edward J. Brown III
  Mrs. Traude Coleman
  Mr. John E. Ciucevich '60
  Mr. & Mrs. Fretwel G. Crider '71
  Mr. William J. Curley
  Capt. Charles S. Daily Scholarship
  Mr. & Mrs. John H. Daniels '53
  Mr. & Mrs. Harry L. Darby
  Mr. & Mrs. Clayton Doherty '67
  Mr. & Mrs. John J. Forbes, Jr. '61
  Mr. & Mrs. Robert D. Fritts '79
  Mr. & Mrs. J. Harry Haslam, Jr. '69
  Mr. & Mrs. Jerry A. Helton
  Fr. Michael J. Kavanaugh '76
  Mr. James J. Kehoe, Jr. '50
  Mr. Estate of David O. Kelly '43
  Mr. Frank J. Lupo '41
  Mr. Joshua B. Mallard '97
  Mr. & Mrs. Gregory J. Markiton '92
  Bishop Andrew J. McDonald
  Gen & Mrs. John N. McLaughlin '36
  Mrs. Page O. Mulherin
  Mr. & Mrs. Walter B. Murphy III '71
  Mr. & Mrs. James E. Murrin '41
  CPT Jack L. Oglesbee USNR (RET) '47
  Mr. David Pappas
  Mr. & Mrs. William E. Phillips, Jr.
  Mr. John A. Pratt '48
  Mr. & Mrs. Harry Price
  Mr. Frank Puder
  Dr. Frank A. Rizza '46
  LTC Nathan A. Roane, Jr. '38
  Mr. Jackson H. Robertson '82
  Mr. & Mrs. Mark T. Shawe '73
  Mr. & Mrs. William W. Shearouse, Jr. '66
  Mr. & Mrs. Henri Sievers
  Mr. Al Taber '59
  Mr. & Mrs. Harry L. Wallace '70
  Mrs. La Rue H. Woods
  Mr. & Mrs. C. G. Zipperer, Jr.
  

• 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 72 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.

• Contact Us

  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