Ways to Give

donate publicly traded securities to SLUH

Gifts of publicly-traded securities can be a tax-wise method of giving because you:

• May claim a charitable tax deduction based on the gift’s full fair-market-value (average of the high and low trading price on the transfer date) of the security.
• Avoid paying capital gains tax on the security if it has appreciated since you acquired it.

If you plan to initiate a securities transfer to SLUH, please refer to the instruction sheet linked above and contact us so we can assure the transfer is complete and the gift is attributed to the appropriate donor.

Contact

John Penilla '99, Sr. Director of Community Engagement
(314) 269-2170 | jpenilla@sluh.org
Alternative contact – (314) 531-3062 | alumni@sluh.org

Donor-advised funds (DAF) are charitable giving vehicle that allows donors to make charitable contributions at any time, with an immediate tax benefit, while maintaining flexibility on timing for grants.  

You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. You can then recommend – but not direct – how much and how often money is granted. In addition, you avoid the cost and complexities of managing a private foundation.

In return, you qualify for a federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location.

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113 | ldomeyer@sluh.org

Any individual who is 70 1/2 or older can give any amount (up to a maximum of $108,000) per year from your IRA directly to a qualified charity such as St. Louis University High School without having to pay income taxes on the money.

• This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.
• Beginning in the year you turn 73, you can use your gift to satisfy all or part of your required minimum distribution (RMD).
• You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
• Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.

To make a gift from your IRA to SLUH, contact your IRA custodian and request that a Qualified Charitable Distribution be made to SLUH. Provide your IRA custodian with this information:

Legal Name: St. Louis University High School
Tax ID number: 43-0662506

Mail your check to our secure, PNC lockbox at:

St. Louis University High
PO Box 713381
Chicago, IL 60677-1518

If you intend to make a QCD near the end of a tax year, we recommend that you begin the transfer no later than November 30 to ensure delivery.

Learn more about your giving options from your IRA

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113  |  ldomeyer@sluh.org

• Specify the purpose of your gift.

• Add to an already established scholarship.

• Potentially reduce your estate taxes by generating a charitable estate tax deduction. 

If you have made such a provision, please advise us so you can be included in the SLUH Backer Heritage Society.

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113 | ldomeyer@sluh.org

Life insurance can be an effective means to support SLUH, especially if your family no longer needs the policy.  There are several approaches to making a gift of this type:

Revocable Beneficiary Designation
You can name SLUH as a partial or full beneficiary of a life insurance policy.  You will retain full control of the policy during your lifetime, and the school will receive the insurance proceeds upon your death. Your estate will receive a charitable estate tax deduction for the amount of the gift provided to SLUH upon your death.

Gift an Existing Policy on Which Premiums Are Still Being Paid
You may also gift a life insurance policy on which premiums are still being paid by irrevocably transferring ownership of the policy to SLUH.  You may receive a charitable income tax deduction if the policy has cash value. Since SLUH will be required to pay the remaining premiums on the policy to prevent it from lapsing, you will make an annual tax-deductible gift to the school that is equal to the premium owed, and SLUH will make the premium payments to the insurance company.  

Give a “Paid -Up” Life Insurance Policy
You may transfer ownership of a paid-up life insurance policy (one on which you no longer are required to make premium payments) as an irrevocable gift to SLUH.  You may receive a charitable income tax deduction.

Gift a New Policy
Creating a new policy with SLUH as owner is a great way to provide long-term support to SLUH that is exponentially larger than your original investment. You would work with SLUH to take out a new insurance policy, name SLUH as owner at the time the policy is issued and make tax-deductible contributions equivalent to the premium payments each year to SLUH to keep the policy in force. SLUH would then make the premium payments to the insurance company. 

If you have made such a provision for your life insurance, please advise us so you can be included in the Backer Heritage Society.

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113 | ldomeyer@sluh.org

Naming SLUH as beneficiary of your retirement plan, life insurance policy or commercial annuity is simple, and you retain the right to change or amend the beneficiary designation.

Donating these assets is an excellent tax-planning strategy since distributions to SLUH are not subject to income and estate classes. Distributions made through beneficiary designations are not subject to probate.

It is also possible to designate SLUH as beneficiary on bank and brokerage accounts through a transfer on death designation.

If you have made such a provision, please advise us so you can be included in the Backer Heritage Society.

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113 | ldomeyer@sluh.org

Charitable gift annuities (click here to learn more) and charitable remainder trusts (click here to learn more) allow donors to support SLUH and feel confident that they have dependable income in their retirement years.

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113 | ldomeyer@sluh.org

The endowed scholarship program provides an opportunity for benefactors to give the gift of SLUH to future generations. Donors can honor and recognize significant individuals – such as alumni, faculty or family – when creating the scholarship.

Endowed scholarships are initiated at $50,000. $250,000 covers a half tuition scholarship, $500,000 covers a full tuition scholarship, and presidential scholarships are $1,000,000.

Learn More

For more information, contact:
Linda Domeyer, Sr. Director of Leadership Giving
(314) 269-2113 | ldomeyer@sluh.org

Learn More

Additional information and resources pertaining to estate planning are available at our dedicated planned giving website.

Learn More