Outright giving is essential to sustaining the momentum at U of D Jesuit. Whether you’re writing a check, donating stock, or sharing a less-traditional asset, your gift will support the school and programs that educate young men to be reflective lifelong learners, to participate actively and responsibly in civic life, and to live generously in service to others.
PLAN FOR THE FUTURE
Resourceful donors often find the flexibility of a planned gift enables them to make a bigger gift than they thought affordable while achieving their personal and philanthropic goals. The most forward-thinking philanthropists are starting young - and finding the process is painless.
SEE IMMEDIATE IMPACT
Current use gifts, which are directly expendable funds, allow U of D Jesuit to say “yes” to good ideas and ensure continued growth of our mission. These flexible gifts have full and immediate impact. Donors making current use gifts may direct it to the Annual Fund, Faculty Projects, Mission and Ministry, or another area of interest.
CREATE A HYBRID
Some donors establishing endowments choose to commit a portion of their gift, or an additional annual gift, for current use, funding that can be distributed immediately in support of their goals as they are making pledge payments to build up an endowed fund.
PROVIDE PERMANENT SUPPORT
Endowment income is the principle source of dedicated, long-term financial support for U of D Jesuit. It lends fiscal stability and enables the school to make dependable, long-term investments in high-quality academic programs and top faculty, as well as to ensure that the deserving young men have access to a Jesuit education. Endowment gifts also increase the potential for larger investment returns through the power of compound interest.
ESTABLISH AN INCOME STREAM
Life income gifts satisfy several goals: They provide philanthropic support while generating both a charitable income tax deduction and income for you or your loved ones. There are three basic types of life income gifts:
Charitable gift annuity: The simplest life income gift arrangement, a charitable gift annuity pays the donor a fixed income for life in exchange for a gift of cash or stock.
Charitable remainder annuity trust: An irrevocable trust that generates a potential income stream for the donor, or other beneficiaries, with the remainder of the donated assets going to a charity or charities. Charitable remainder annuity trusts distribute a fixed annuity amount each year, and additional contributions are not allowed.
Charitable remainder unitrusts: An irrevocable trust that distributes a fixed percentage based on the balance of the trust assets (revalued annually), and additional contributions are permitted.
David Gumbel '00, VP of Institutional Advancement, at 313-927-2347 David.Gumbel@uofdjesuit.org
Katie Sznewajs, Director of Planned Giving, at 313-927-2325 Kathryn.Sznewajs@uofdjesuit.org