Jesuit High School of New Orleans

Planned Giving

Plan Your Legacy for Future Blue Jays

For generations, alumni and friends have ensured Jesuit’s future throughout and beyond their lifetimes. Through planned gifts and tax-efficient transfers of assets, donors empower Jesuit to educate young men from all walks of life, while producing many financial benefits for our donors.

Planned gifts are tailored to the specific needs and circumstances of each donor. Donors who include Jesuit in their wills, bequests, or other estate plans—such as life insurance, annuities, and charitable trusts— are named members of the Maisounabe Society in recognition of their loyal support. Every contribution helps ensure Jesuit’s mission at Carrollton and Banks endures in perpetuity.

Including Jesuit in Your Will 

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. 

Sample Bequest Language

 Here is sample bequest language to review with your attorney: 

I hereby give, devise, and bequeath ( _______ dollars) or (a specific asset, such as securities, real estate, or other property) or ( __ percent of the rest, residue, and remainder of my estate) to Jesuit High School, a nonprofit organization located at 4133 Banks St, New Orleans, Louisiana 70119, Federal Tax ID # 72-0467510, for Jesuit High School’s general use and purpose. 

Using a Codicil to Make a Bequest

You may also utilize a codicil to add a bequest and modify your Will without preparing a whole new one. It must be executed with the same conventions as required for the execution of the Will to be valid. Those conventions (e.g. witnesses, notary) will vary depending on the state in which you are a resident. 

Beneficiary Gift from Your Retirement Account

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

Gifts of Stock and Securities 

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.

Enhance Giving with a Donor-Advised Fund (DAF)

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. 

Our team is here to work with you and your family to find a charitable plan that allows you to make a lasting impact for future Blue Jays. For more information, please contact Christian Bautista from the Office of Institutional Advancement at (504) 483-3814 or bautista@jesuitnola.org. 

Noel Osborn ’58

Noel has made a bequest to Jesuit in his will.

Jesuit High School has been central to who I am and who I have tried to become.

My mother, Georgia Bagnetto Osborn, was a single mother who never wavered in her commitment to sending me to Jesuit for my full five-year program, from pre-freshman year through graduation in the Class of 1958. She worked as a legal secretary and was never a high-income earner, nor did she have access to family wealth. Yet year after year, she somehow provided tuition, uniforms, books, and all the other expenses required, without complaint and without ever making me feel the weight of that sacrifice.

Jesuit became a strong foundation for my growth as a student and as a person, shaping me in ways that have guided my entire life. The faculty and my classmates instilled discipline, values, and a sense of purpose, calling me, as Jesuit does, to be a man for others. My mother made it possible for me to walk those halls on Banks and Carrollton, and Jesuit gave me the formation to carry those lessons forward.

As I began planning my estate, I reflected deeply on the role Jesuit played in my life. In gratitude, I have chosen to include Jesuit in my will and to establish a full-tuition scholarship in my mother’s name.

It is my hope that this gift to the endowment will support future Blue Jays by providing students with the tools and formation they need to thrive, with competence, conscience, and compassion—as men of faith.

Mindy and Marc Bonfacic ’92

Mindy and Marc Bonfacic named Jesuit as a beneficiary in a life insurance policy

Jesuit High School has shaped my life in ways that continue to guide me—personally, professionally, and spiritually.

As a member of the Class of 1992, I have always known that the education and values instilled in me during my years at Carrollton and Banks laid the foundation for who I am today. Shortly after graduating from college, I wanted to express my gratitude in a meaningful way. I chose to purchase a life insurance policy naming Jesuit High School as a beneficiary, a simple decision that will one day help strengthen Jesuit’s mission and support future Blue Jays.

Jesuit gave me far more than an excellent education. It connected me with friends and mentors who remain part of my life decades later. Some of those classmates have become lifelong friends and even business partners, relationships rooted in the shared values, discipline, and work ethic we learned at Jesuit. That enduring sense of community is one of Jesuit’s greatest strengths and a big reason my wife, Mindy, and I continue to support the school.

I share this story to show how a decision made early in life can grow into a meaningful legacy. Naming Jesuit as a beneficiary of a life insurance policy is a way to invest in the school’s future without impacting one’s current financial needs. I encourage fellow alumni and friends to explore planned giving options that align with their own circumstances.

Whether through a life insurance policy, a scholarship fund, or another form of support, every gift helps ensure Jesuit can continue forming men of faith and service for generations to come.

Ad majorem Dei gloriam.

Vernon Fabre ’69

Vernon supports Jesuit through an IRA Charitable Rollover

Jesuit High School has shaped my life, both spiritually and academically, and the lessons I learned there have guided me throughout my career.

Most influential for me are four simple initials: AMDG, Ad majorem Dei gloriam, “for the greater glory of God.” Those words have served as a compass in my life and work, and they are what first inspired me to support Jesuit’s mission of forming boys into men of faith and men for others.

When I reached age 70½, I began supporting Jesuit through an IRA Charitable Rollover, also known as a Qualified Charitable Distribution (QCD). This allows me to make annual gifts directly from my traditional, pre-tax IRA to Jesuit. Because the funds go straight to the school, the distribution is not subject to federal or state income taxes, does not count as taxable income, and has no impact on Medicare premiums. It is an effective way to maximize my gift while minimizing tax obligations.

Now that I am required to take a Required Minimum Distribution from my IRA, I can direct some, or all, of that distribution to Jesuit through a QCD. The process is simple: contact your IRA administrator and request a Qualified Charitable Distribution to Jesuit High School. It truly is that easy, and it allows eligible donors to give up to $108,000 annually.

Supporting Jesuit in this way allows me to live out AMDG in a tangible way—giving back to the school that gave me so much.

As always, AMDG and Geaux Jays!