Making a planned gift to Jesuit may also provide a tax deduction for your estate, allow you to manage your assets, and meet your financial needs during your lifetime. There are many ways to include Jesuit in your estate plan and qualify your estate for a tax deduction:

• Make a bequest of cash, securities, or other property 
• Designate a specific dollar amount, a particular asset, or a fixed percentage of your estate for Jesuit 
• Leave all or a portion of your residuary estate to Jesuit after you have provided for other beneficiaries 
• Name Jesuit as a contingent beneficiary of your estate in the event your other beneficiaries do not survive you 

A bequest may be for a percentage of your estate or a specific amount. By designating a percentage of your estate, you can ensure that all beneficiaries, including Jesuit, receive a proportion you intend if your estate changes in value. 

Donating all or part of your unused retirement assets, such as your IRA, 401(k), 403(b), pension, or other tax-deferred plan, is an excellent way to make a gift to Jesuit. If you designate Jesuit High School as a beneficiary, Jesuit benefits from the full value of your gift because your IRA assets will not be taxed at your death. 

Gifting unused retirement assets may provide important tax benefits, including: 

• Avoiding potential estate tax on your retirement plan assets 
• Permitting your heirs to avoid income tax on retirement assets funded on a pre-tax basis 
• Receiving potential tax savings from an estate tax deduction. 

To leave your retirement assets to Jesuit, simply request a “change of beneficiary” form for your retirement plan administrator. List Jesuit High School, EIN # 72-0467510, as a beneficiary at the following address:

Jesuit High School
4133 Banks Street
New Orleans, LA 70119

Support Jesuit with a gift of publicly traded securities that you have owned for a year and potentially save income tax and capital gains tax. 

When you donate appreciated securities — publicly traded stocks, bonds, and mutual fund shares — in support of our mission, you can potentially reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer. 

Please notify Krista Roeling at 504-483-3839 or roeling@jesuitnola.org of the type and amount of shares you intend to gift, along with the anticipated transfer date, so we can credit your gift appropriately.

A donor-advised fund (DAF) is like a charitable investment account that is set up for the sole purpose of supporting charities, including Jesuit. Individuals can contribute cash, stocks, and other assets into the DAF and receive an immediate tax deduction. Those funds are invested for tax-free growth, and you can recommend donations to Jesuit over time. 

Opening a donor-advised fund allows donors to make a gift and qualify for a charitable deduction immediately without needing to decide, until you’re ready, on the charities to support with grant recommendations. 

• A DAF can also be part of your estate plan: by naming Jesuit as a beneficiary, you can ensure that when the DAF ceases to have an advisor, the assets are transferred to Jesuit. 
• DAFs also allow donors to bunch charitable gifts in a given tax year to maximize a deduction and then recommend grants at later dates. 
• It can also be a way to offset a year with unexpectedly high earnings, or to address the tax implications of year-end bonuses or stock option exercises, or to offset taxable income generated from rebalancing your portfolio. 
• Once donated to the DAF, assets can be invested and earn returns without being taxed. 
• By donating directly to a DAF, you can potentially give more to Jesuit than if you were to liquidate assets and then donate.