Memorials
At the time of the death of a loved one, many people seek a way
to ensure that the loved one’s legacy lives on in a memorial.
Surviving family may designate that memorials be made to Bishop
LeBlond High School. These memorials may be directed to the capital
campaign, to a specific scholarship fund or to the general fund
of the school.
Scholarships
There are three types of scholarship funds that can be established
at Bishop LeBlond. These scholarships can be named as a memorial
or in honor of an individual or family. Those establishing the
funds also may restrict to whom the scholarships are awarded,
ie, to freshmen from a certain elementary school or parish, to
members of the national honor society, etc.
Restricted Scholarship Fund:
This fund is not invested. Scholarships are awarded from the contributions
received. Gifts may be made at any time to the fund. Those establishing
the fund may determine if the entire value of the fund is to be
given in scholarships each year. If so, the fund requires new
gifts each year to maintain it.
Endowed Scholarship Fund:
This is a permanent scholarship fund in which the principal remains
intact and invested at all times. Scholarships are awarded from
the allocated income earned on the principal investment in accordance
with Bishop LeBlond board policy. All contributions to the fund
increase the principal balance. A minimum contribution is necessary
to establish a fund of this sort. Please contact the Bishop LeBlond
development director or your personal attorney or financial planner
with questions.
General Scholarship Fund:
Families may name Bishop LeBlond for memorials and gifts are deposited
in the Bishop LeBlond Memorial Scholarship Fund and are used as
deemed necessary by the LeBlond administration.
Gifts of Cash
The simplest and most popular way to make a contribution is to
write a check. An unrestricted gift gives the administration the
freedom to use your contribution where it is needed most. You
may, however, choose to restrict your gift to the area of your
own particular interest. All gifts are tax deductible. Gifts to
events are deductible only beyond the value of the event.
Gifts of In-kind services or goods
You and/or your company can assist LeBlond by giving items to
be auctioned at the annual Night of Golden Stars, items to be
used as prizes for student fund raisers, or in-kind services or
goods that facilitate the normal operation of the school. This
would include soft drinks to be sold or given away, cleaning services,
ornamental items, etc.
Gifts of Securities
A gift of stock or other securities to Bishop LeBlond yields considerable
tax advantages. For example, appreciated securities can be transferred
without causing the donor to realize gain on the appreciation
and still yield a current deduction measured at the fair market
value of the gift.
Matching Gifts
Companies with matching gift programs may match the amount of
your gift to LeBlond, thus doubling or tripling the amount of
your contribution. Simply acquire a form from your employer, fill
out the donor section and forward the form to LeBlond with your
gift.
Planned Gifts
Planned Gifts are contributions left by a donor through his or
her estate. They include:
Will and Bequests
Your attorney can include a statement in your will to provide
for LeBlond.
Life Insurance
By purchasing a life insurance policy and naming LeBlond as the
irrevocable owner and beneficiary, you assure a substantial gift
at a relatively small annual cost. Premium payments are tax deductible.
Charitable Tax Annuity
A Gift Annuity is a contract or agreement between a charitable
organization and the donor(s) where the charity agrees to pay
the fixed payments during their lifetime for funds given to the
organization.
Trusts and Annuities
Trusts can be established to allow a beneficiary and/or charitable
organization to receive a lifetime income.
**Planned gifts require the assistance of an attorney and/or qualified
financial planner. Please call Bishop LeBlond’s Development
office at 816-279-1629 for further information or contact your
personal attorney.