There are several ways you can support Catholic Education at
Our Lady of Mercy Regional Catholic School:
Charitable Gift Annuity
By funding a charitable gift annuity, you can accomplish two very important objectives: Insuring that Catholic Education at Our Lady of Mercy Regional Catholic School will be available after your life, as well as receiving guaranteed fixed income for as long as you or a loved one live with an immediate charitable income tax deduction for a portion of the annuity as defined by tax law.
Gifts from Retirement Plans
Gifting assets accumulated through Retirement Plans can be a practical way to support a 501(c)(3) charity. Tax-free IRA Rollover up to $100,000 per year is now permitted by IRS and it counts toward your “Required Minimum Distribution” (RMD) if you are over age 70 1/2. Other retirement plan gifts may also qualify for “direct gifts from the plan to the charity”. You can consider a charitable gift using all or a part of your mandatory withdrawal amount (RMD).
Life Insurance Gifts
When you gift a life insurance policy to Our Lady of Mercy Regional Catholic School, you may be able to give a larger gift than you otherwise thought possible. You simply designate Our Lady of Mercy Regional Catholic School as the beneficiary on a new or existing policy, which allows you to take a tax deduction for the cost of your annual premiums, among other tax advantages. Your tax consultant can advise you.
Gifts of Securities
Gifts of securities require special handling, but these allow you to gift “appreciated” securities without your paying tax on the appreciation. Consult your tax advisor.
Bequest through Your Will or Living Trust
Recent changes in estate tax law may allow you to give more to charities now and in the future. After providing for your current beneficiaries, you may include a gift to Our Lady of Mercy Regional Catholic School in a specific amount, a percent of your estate, or a certain property.
Gifts of Cash
The Our Lady of Mercy Regional Catholic School Annual Fund solicits financial help each year for things like new technology to support our students and classrooms, needed facilities improvements, and to provide our faculty and staff with professional development opportunities. Annually, Our Lady of Mercy Regional Catholic School looks to enhance the school’s activities and programs that will continue to nurture Catholic values in our classrooms. Your tax-deductible gift will help enhance their OLM experience in so many ways. Cash or checks can be made to Our Lady of Mercy Regional Catholic School, ATTN: Development Office, or you can donate online by following this link.
Did you know that you can redirect your PA tax dollars to Our Lady of Mercy? Click here to learn more.
Contact Lindsay Clark, Director of Development + Special Events, at lclark@olmrcs.com with any questions or to learn more about how you can support Our Lady of Mercy Regional Catholic School.