Planned Giving is a great way for your legacy to be remembered through supporting a great mission!
We know that planned gifts will continue to play an important role in sustaining our mission of ensuring that students with unique needs can belong, learn, & thrive in the Catholic Schools of the Diocese of Evansville, indiana.
Here are some planned giving options to consider:
Endowments-
An endowment is a gift of money or other donated property (stocks, bonds, real estate, etc.) invested to produce ongoing income for a specific or general use. The donor who establishes an endowment for Marian Educational Outreach, in essence, ensures that our Catholic schools will be a place where students with disabilities can thrive and succeed. They have the opportunity to name a specific need or initiative within our organization. Donors may establish and name the endowment for a minimum gift of $5000. Anyone can add to an existing endowment at any time and in any amount. MEO has three endowments with the Catholic Foundation. They are the Albert and Yvonne Kyncl Fund , Sister Beata Mehling Fund and MEO Board Vision Fund.
Corporate Matching Gifts-
Many employers sponsor matching gift programs and will match any charitable contribution made by an employee ( in some cases doubled or tripled) toward a 501(c)(3) charitable organization. To find out if your company has a matching gift policy, contact your human resources department, and request a matching gift form.
Donor-Advised Funds-
A donor advised fund is a charitable giving vehicle to manage charitable donations given by an individual, family, or organization. Donors surrender ownership of any donation that is deposited into the fund but retain advisory privileges on how the fund is distributed to Marian Educational Outreach. A donor-advised fund can be set up with a minimum contribution of $5000.
Bequests-
Bequests refer to the distribution Marian Educational Outreach receives as a result of the provisions of an individual’s will. Through a bequest, any donor can help to preserve and create, for the enjoyment of future generations, an educational institution that has a special meaning.
Life Insurance-
Life insurance is an easy way to contribute small amounts to Marian Educational Outreach while at the same time ensuring that your contribution will accumulate significant value. By simply naming the organization as the beneficiary and owner of the insurance policy, you can make a marvelous gift without disturbing other assets or loss of income.
A Charitable Gift Annuity-
A charitable gift annuity is a gift vehicle that involves a contract between a donor and a charity, whereby the donor transfers cash or property to the charity in exchange for a partial tax deduction and a lifetime stream of annual income from the charity. Upon the donor’s passing, Marian Educational Outreach would retain the balance in the form of an endowment. The initiation of a CGA can be facilitated by the Catholic Foundation of Southwestern Indiana.