1960 Society Planned Giving
Charitable gifts at the end of one's life are excellent ways of making a meaningful gift to IHA. Gifts by will or by beneficiary designation can allow you to make a significant contribution that may not have been possible during your lifetime. With careful planning, you can realize the personal satisfaction that comes from knowing that your gift will help sustain IHA's mission without jeopardizing your family's security.
Created to honor the spirit that has nurtured and sustained IHA for more than 50 years, the 1960 Society recognizes those individuals who have thoughtfully included a gift to IHA in their estate plans through a will, trust, retirement plan, life insurance policy, or life-income gift such as a charitable gift annuity or charitable remainder trust.
Planned gifts create extraordinary opportunities to ensure that resources will be available to support IHA far into the future, preserving and advancing its mission to offer young women an unsurpassed, Catholic, college preparatory education.
You are cordially invited to become a member of the 1960 Society. By joining the 1960 Society, you become a part of the IHA legacy and will help to inspire others to support IHA with future gifts.
What Types of Assets can you use to Make a Gift through your Will?
Many people think that a gift to a charity from their estate at the end of their lives is in cash, but most types of property (stocks, bonds, retirement accounts, life insurance policies, real property, or business interests) may be given. Some of these assets can be given through the person's will; other assets pass via a beneficiary designation, or "outside" the donor's will.
The nature of the property should be examined to determine family needs and tax consequences. In addition to the personal satisfaction of making a philanthropic bequest and taking care of loved ones, there are certain estate-tax benefits attached to such a gift. A federal estate-tax charitable deduction is allowed for the full market value of the gift.
Four Easy Ways to Make Gifts Outside Your Will
Some assets are transferred outside a will. Gifts from these asset categories are simple for an individual to put in place. The individual only needs to complete or update the beneficiary form and name IHA as an additional beneficiary.