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Development
// Planned Giving
The Lion Legacy…
SAINT VIATOR HIGH SCHOOL
IS FULFILLING A CRITICAL EDUCATIONAL MISSION IN CHICAGO’S NORTHWEST
SUBURBS.
The Viatorian Catholic tradition of
commitment to quality in educational programs, the environment of
concern and respect for each individual, and the strong
relationships among the students and faculty are hallmarks of Saint
Viator High School. Success in living our Viatorian mission,
however, does not come without significant cost.
Saint Viator is a private, Catholic co-educational high school
sponsored by the Clerics of Saint Viator. Enrollment is open, but
the school receives no state or federal tax dollars or archdiocesan
support. Although Saint Viator students are educated using fewer
dollars per student than many public schools, the financial
commitment required is great for current parents and their
families. We need your help to insure that the Saint Viator success
story continues. We can meet the ever-increasing demands for
excellence in staffing, programs and facilities. We can continue to
make the Viator Experience available to a well-deserving, diverse
student population. But it can only be done through endowing our
future financial stability.
Options for Planned Giving…
OVER THE NEXT 20 TO 30 YEARS, THE UNITED STATES WILL SEE THE
GREATEST TRANSFER OF WEALTH FROM ONE GENERATION TO THE NEXT IN THE
HISTORY OF MANKIND. AS A RESULT, PLANNED GIVING IS BECOMING A
SIGNIFICANT EMPHASIS OF THE SAINT VIATOR ADVANCEMENT OFFICE.
What does that mean for you, the Friends
of Saint Viator High School?
Our intention is to identify charitably inclined individuals and
families who believe in, and will partner with us, in the Viatorian
mission. The fact is that individuals give nine out of every ten
charitable gifts made in the United States each year. We hope to
attract financial gifts that will positively impact Saint Viator
High School and the estate plans of tax-wise donors. As a donor,
your dreams and values can be realized at the time of the
disposition of your estate, or within your lifetime. Your gifts can
go into an endowment to fund Tuition Assistance and Scholarships
for future students, Faculty Enhancement, or other areas of the
school.
What are Estate Planning and Planned
Giving and why are they important?
Estate Planning is the process of developing a plan for the
creation, conservation and disposition of your estate so that the
goals for yourself and your family, during lifetime and after
death, can be realized with maximum safety and effectiveness.
Planned Giving is the decision to include favorite charities or
non-profits in your Estate Plan. The right Planned Gift can improve
your quality of life, cut your tax liability and help your chosen
charity (Saint Viator High School) better live out its mission and
achieve long term goals. Please consult your financial advisor or
contact the advancement Office at Saint Viator High School.
Is it so critical to have a current will
and Estate Plan?
Dying without a will means that the laws of the state in which you
lived will determine how your property is distributed, even though
your family and loved ones may not be pleased with the outcome. An
outdated will could also result in the wrong persons or parties
receiving your property upon your passing, with inadequate
provisions being made for your family, children and loved ones.
Your Estate Plan and Will should include provisions to save taxes
and conserve your property for those you intend to benefit. Your
Will is the means to direct the state in which you reside to
recognize your wishes. A properly prepared legal document is
required in order to protect your estate and create the desired
outcome in the proper distribution of your assets and property. Now
is a good time to address your need to either create or update your
Will and Estate Plan.
Are there options available to me as a donor and friend of Saint
Viator to take care of my family and to provide ongoing support to
the school?
There are a variety of gift planning opportunities designed to
assist you in making a significant contribution to Saint Viator,
while also helping you further your own financial and charitable
goals. Planned gifts include gifts provided through your will or
trust, charitable gift annuities, charitable remainder trusts,
gifts of life insurance and gifts of retirement plans. As with all
planned gifts, please be sure to consult with your legal and tax
advisors.
Are there long term needs Saint Viator High School has identified
that can be addressed through planned or deferred gifts that may
not be realized in the near future?
As part of Saint Viator High School’s successful capital campaign,
Heart of the Lion,
new endowments have been created for the purposes of providing
increased levels of Tuition Assistance and Scholarships to future
students and of increasing the continuing educational opportunities
and training of our dedicated Faculty members. Endowment funds for
Saint Viator High School are set aside and kept separate from
operating and capital fund accounts. The principle is invested at
the direction of the Investment Board and the interest or proceeds
from those investments will either be put back in, to continue
growing the endowment, or be eventually distributed for its stated
purposes. The corpus or principle will not be touched. Endowment
funds afford donors and friends the opportunity to “lock in” their
giving to address long range goals of the school which will not
change…to continue to make the Viator Experience available to a
diverse student population, and to maintain a talented, dedicated
and skilled faculty.
The Lion Legacy Society is being created to recognize men and women
who have made a commitment to the long-term future of Saint Viator
High School. Each member of the society has made an estate plan or
endowment gift for Saint Viator. These gifts have been made through
a bequest, an annuity agreement, trust agreement, life insurance
program, or by a leadership gift to one of the aforementioned
endowment funds. Please contact
Brian Liedlich
in the Advancement
Office at (847) 392-4050 ext. 297 for more information about
membership in the Lion Legacy Society and the benefits of leaving
your mark on the Saint Viator High School tradition. |