Help us Establish a Firm Foundation for the Future
Bequests
You designating HCCA as the beneficiary of your asset via a will, trust or beneficiary designation form.
What are the Benefits of Making a Bequest?
You leave a lasting legacy to be remembered
You lessen the burden of taxes on your family
You may receive estate tax savings
How to Make a Bequest:
A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or St. Vincent de Paul as part of your estate plan.
What are my Options?
A bequest can be made in several ways:
You can gift a specific dollar amount or asset
You can gift a percentage of your estate
You can gift from the balance or residue of your estate
You can make a beneficiary designation of certain assets
Charitable Gift Annuity
You can transfer cash or appreciated property to HCCA in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.
Benefits of Charitable Gift Annuity
Receive fixed payments to you or another annuitant you designate for life
Receive a charitable income tax deduction for the charitable gift portion of the annuity
Benefit partially tax-free payments
Further the charitable work of Harps Crossing Christian Academy
How a Charitable Gift Annuity works?
A charitable gift annuity is a way to make a gift to support HHCA.
You transfer cash or property to HCCA.
In exchange, we promise to pay fixed payments to you for life. The payment can be quite high depending on your age, and a portion of each payment may even be tax-free.
You will receive a charitable income tax deduction for the gift portion of the annuity.
If you decide to fund your gift annuity with cash, a significant portion of the annuity payment will be tax-free. You may also make a gift of appreciated securities to fund a gift annuity and avoid a portion of the capital gains tax. Please contact us to inquire about other assets that you might be able to use to fund a charitable gift annuity.
Beneficiary Designation Gift
You can designate HCCA as a beneficiary of a retirement, investment or bank account or your life insurance policy.
IRA Charitable Rollover
An IRA rollover allows men and women age 70½ and older to reduce their taxable income by making a gift directly from their IRA.
Endow Your Gift
With an endowment gift, you can provide “forever funding” for HCCA’s mission to provide quality education in a Christian environment and to support families in the important task of child rearing
Charitable Remainder Unitrust
The option to transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax free and provides you with income for life or a term of years.
Charitable Remainder Annuity Trust
You transfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
Charitable Lead Trust
You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings.
Sale and Unitrust
You give a portion of your property to us to fund a charitable remainder trust, when the property sells you receive cash and income for life.
Bargain Sale
We purchase your property for less than fair market value. You receive cash and a charitable deduction for the difference between the market value and purchase price.
Give it Twice Trust
You provide your children with a stream of income while making a gift to charity.
Life Estate Reserved
You give your property to our organization but retain the right to use the property during your life.