Your gift, no matter what form it takes, qualifies as a charitable deduction for Federal Income Tax purposes.  Your attorney, accountant or financial advisor can best provide tax information specific to your situation.  For further information, please contact the Office of Institutional Advancement at 561-314-2133.

You can now make a secure online contribution.

Cash
The most popular method to make a charitable gift is to contribute cash.  Fully deductible cash gifts to Pope John Paul II High School could cost you much less when you file your taxes.  The deduction must be taken in the year in which the gift is made. 

Bequests
A bequest is a gift that you can make through your will.  It can be a specific amount or a portion of the estate and can be designated in the form of cash, securities, real estate or other property.  The bequest can have a favorable affect on the estate tax liability.  Whether a large bequest or small, your gift will help Pope John Paul II High School in many ways.

Securities
A gift of appreciated securities entitles a donor to a greater tax saving than a gift of cash and offers benefactors several advantages.  For example, if you donate stock that you purchased for $2,000.00 more than twelve months ago, and it is now worth $10,000.00, you get an income tax savings of $2,800.00 (28% more genial tax bracket).  In addition, you have reached the capital gains tax on the appreciation of the stock.  The capital gains savings at the 20% rate is $1,600.00.  Your total savings is $4,400.00.  These benefits also do not take into account the reduction in the state taxes.

Life Insurance
You may donate to Pope John Paul II High School by making it the owner and beneficiary of a life insurance policy.  The premiums on a contributed policy are deductible upon the donor’s death or when the policy prematures, proceeds are paid immediately to Pope John Paul II High School, neither the donor’s estate nor the school will be liable for gift or estate tax.

Planned Gift
Planned gifts take many forms and are one of the most common way endowments are funded.  Examples of planned gifts include designating Pope John Paul II High School in your will, forming a charitable trust or purchasing a gift annuity.  Charitable trusts offer significant tax savings while providing an annual income to you and your family.  Trusts are funded with an asset, such as appreciated property and securities, and are designed to provide you income for the remainder of your life.  At the end of your life Pope John Paul II High School, will receive the remaining funds in your trust.  

Please consult with your tax advisor or financial consultant to explore how these methods of giving will benefit your specific needs.