Legacy Giving

Leave a lasting impact. Legacy giving allows you to support Maur Hill - Mount Academy's mission for generations to come, while also achieving your personal, financial, and philanthropic goals.

Ways to Give

Minimize your taxes and maximize your gift! Here's how.

Bequests

Leave Maur Hill-Mount Academy a percentage of your estate by including MH-MA in your will or trust. Anyone naming Maur Hill-Mount Academy in their will is inducted into the Saint Scholastica Society. 

Retirement Plan Assets (IRA RMDs and QCDs)

Your most efficient estate planning option may be leaving all or a portion of your retirement plan to charity because tax laws often subject these assets to income and estate taxes upon death. Many techniques can be used to avoid income taxes up to 39.6%. At the same time, you can pass more tax favored assets to your family.

Charitable Gift of Annuity

A charitable gift of annuity is a simple contract between you and MH-MA that pays you a fixed dollar amount for your lifetime. The older you are, the higher your annuity rate. If you use appreciated property to fund the gift annuity, you will escape the capital gains tax on the gift portion of the transaction. Plus, you are able to spread the remaining capital gains tax over your estimated life expectancy. You also receive a partial income tax deduction.

Charitable Remainder Trust

A charitable remainder trust pays a fixed or variable income to the donor. The payments are made either for life or a period of time not to exceed 20 years. At the end of the trust’s term, the balance in the trust supports our mission. You’ll also receive a partial income tax deduction.

Charitable Lead Trust

This type of charitable trust pays income to one or more charitable organizations, typically for a period of years, after which the remaining trust assets pass to family members.

Real Estate

This is a simple donation if you own property that is not mortgaged, has appreciated in value, and you no longer need or use. You can deduct the fair market value of your gift and eliminate all capital gains taxes. Plus, you have removed that asset from your taxable estate.

Life Insurance

Rather than cancel policies you no longer need, you could name MH-MA as the beneficiary, or simply donate the policies outright.

We all want to leave a legacy, a gift that will benefit future generations after we are gone. However, most of us face real limitations on what we can contribute during our lifetime. By leaving a bequest or naming Maur Hill – Mount Academy as a beneficiary in your will, you create a remembrance of your values and a legacy greater than you ever thought possible. 

Please let us know how we can assist you in your long-term planning. If you have any questions about supporting Maur Hill-Mount Academy please contact the school office: (913) 367-5482 or email Chandra Koechner.