Planned Giving

Planned Giving

PARENTS, GRANDPARENTS, ALUMNI, ALUMNI PARENTS AND FRIENDS WHO INCLUDE Lumen Christi in their estate plans are helping to ensure that the same remarkable school that educated their children will be available to future generations.  Lumen Christi Catholic School honors everyone who includes Lumen Christi as a beneficiary to their will or estate plans.

Planned Gifts

Planned gifts are designed to enhance a donor’s financial and estate plans and, at the same time, to support the long-term financial stability of an institution through an endowment.  Planned gifts can take a variety of forms.

  • Bequests – Designate Lumen Christi as a beneficiary in your will.
  • Life Insurance Policy – You may donate a policy you no longer need, take out a new policy, or name Lumen Christi as the primary or contingent beneficiary of an existing policy, which may yield estate tax savings.
  • Retirement Assets – Naming Lumen Christi as the beneficiary of retirement assets such as 401(k) or IRA may also provide significant income and estate tax savings.
  • Life Income Gifts – Do you own low-yielding assets like securities that have appreciated in value?  Do you want to sell those assets and reinvest in higher income vehicles?  A charitable remainder trust might be your answer.  A charitable remainder trust gives the donor a payment for a set term of years or for life, with the remaining trust property passing to Lumen Christi.

There are so many long term options available that we recommend our donors seek advice from an attorney or financial planner.  The school has several alumni who represent these professions and can assist you with your planning needs if you so desire.  It is never too soon to plan, and we are here to help.  There is also a simple brochure that outlines the giving procedure.  Please contact the Development Office at 517-787-5080, and we will be happy to mail one to you promptly.  Thank you!