Ways
to Give
Contributions
from individuals, foundations and organizations provide the base of
support for McNicholas
High School, and help ensure the highest quality education now and
in the future.
There are many
ways to assist the school financially – from outright gifts and
endowments to securities and bequests. Whatever method you choose,
the Office of Institutional Advancement will make sure that your
gifts will not only be put to the best use, but that you or your
organization receive the maximum benefits, tax credit and
recognition for your generosity.
The Office of
Institutional Advancement staff is available to assist you and your
professional advisor in planning just the right gift. Contact us at
513-231-3500 or by e-mail at
advancement@mcnhs.org.
Contributions may be made in the following ways:
Outright Gifts: Most gifts are made through outright
contributions.
Outright gifts are used to meet the school’s current needs, helping
support our mission and are the most popular way to show support for
the school. The most common outright gifts come in the form of cash,
check, money order, credit card charge, securities, real estate
and/or personal property.
Your gift is deductible in the year of the gift.
Matching Gifts:
Maximize the impact of your gift to
McNicholas High School with a matching gift. Many companies sponsor
programs enabling their employees and retirees to double or triple
their personal contributions to private high school education. The
process is not complicated. If you are unsure if your employer
matches contributions, contact the Institutional Advancement Office
or inquire at your place of employment about matching gift options.
Your human resources department should have a matching gift form for
you to fill out and forward to McNicholas High School. Some
companies use electronic filing eliminating the need for a matching
gift form.
Securities and Stocks:
Appreciated securities are an excellent asset
to use in making a charitable gift. You can maximize tax savings by
receiving an income tax charitable deduction for the fair market
value of the appreciated securities and you may avoid capital gains
tax. Your broker can electronically transfer stock directly to
McNicholas High School. Click here for
Stock
Transfer Instructions.
Bequest:
Bequests are planned gifts where a donor may designate a
contribution to benefit McNicholas High School by including the
school in their will. You may arrange for a cash gift or assets gift
or property donation. Bequests may be made for a specific amount, a
percentage of your estate, or even a residual portion.
Simple Gift Annuity:
You may designate cash or appreciated assets
as a cash annuity. This gift is easy to create and can increase
spendable cash, thereby providing substantial tax savings.
Charitable Remainder Trust:
Under a Charitable Remainder Trust
(CRT), a donor transfers money or property in trust for the benefit
of McNicholas High School. The trust makes payments to the donor or
to the designated beneficiary/ies for their lives or for a period of
years (not to exceed 20 years) designated in the trust agreement.
When these payments terminate, the assets in the trust pass to
McNicholas High School.
Lead Trust:
This planned gift provides an immediate income stream to McNicholas
High School for either a fixed period of years (up to 20) of for the
donor’s lifetime. At the end of the period, the principal reverts to
the donor or passes to the donor’s heirs. This trust shelters
current income while preserving principal for you and your family.
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