Blue Ribbon

Planned Giving

A planned gift to Notre Dame Academy helps secure quality Catholic education for future Pandas.  While so many people are generous in investing in our students during their lives, a planned gift will ensure an investment beyond life.

The Notre Dame Academy Legacy Society is established to recognize individuals who include NDA in their estate plans.  Ensuring that the Academy receives a gift is a wonderful way to leave a legacy, and is as simple as a discussion with the donor's counsel as to the most effective way to participate in a planned giving program.

Below are the following ways a donor can join the Legacy Society by making a gift to Notre Dame Academy.


Bequest

A bequest is a gift designating Notre Dame Academy in the donor's will.  These gifts can be an unrestricted donation or go towards a specific fund or need within our school.

 

Life Insurance         

Designating Notre Dame Academy as the beneficiary of a life insurance policy is a wonderful way to ensure that NDA receives a share of the donor's estate.  Policies can be transferred to NDA or established by naming NDA as the recipient of the funds.

 

Charitable Lead Trust

A donor can set up a trust that allows the donor to designate the donor's heirs as the beneficiaries, while including an income stream for Notre Dame Academy for a designated period of time. 

Assets will be transferred to the trust and during the designated period of time, the income is paid to NDA.  At the end of the established NDA income period,  the trust income and principle are transferred to other beneficiaries that the donor designates.  

 

Charitable Gift Annuity

A donor establishes a gift annuity by transferring assets like cash, stocks, bonds and mutual fund shares to Notre Dame Academy.  In exchange, the donor receives a fixed income for life.  Payments begin immediately, or at a date specified by the donor. 

 

Charitable Remainder Trust

A donor transfers cash, securities or real estate into a trust and a fixed or variable income is paid to both the donor and/or other beneficiaries for life or a specific term. This type of planned gift appeals to those who wish to both invest in Notre Dame Academy and continue to receive income from investment of the assets of the gift. The trust is tax exempt so it can sell assets with untaxed capital gain without payment of income tax.

 

Retirement Plan

A donor designates Notre Dame Academy as the beneficiary of his or her IRA or other retirement plan.  Distributions from retirement plans upon the account holder’s death means that 100% of the plan balance will benefit Notre Dame Academy and escapes federal and state income and death taxes.

 

Real Estate Gift

Gifts of real estate can include private residences, vacation homes, commercial property, farmland, raw acreage, and developable property.  Gifts of real estate can benefit Notre Dame Academy in many ways, and many times are the perfect contribution to a charitable remainder trust.   

If you have already made plans to include Notre Dame Academy in your will, or once you have done so, please notify us so we may include you in the names of those in our Marian Legacy Society, which will be published in each Notre Damian, to encourage others to participate.

For more information about including Notre Dame Academy in your estate plan or how to set up one of the planned giving avenues outlined above, please contact Nancy Goeke, Major Gifts Coordinator at (859) 292-1851.