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1. ENDOWMENTS AT THE CATHOLIC FOUNDATION OF EASTERN MONTANA
Central benefits from several endowments at the Catholic Foundation of Eastern Montana, an independent nonprofit that builds permanent endowments for Catholic organizations in our diocese. Some of our endowments provide scholarships for students, while others meet programming needs or can be used for our greatest needs each year.
Endowments are special because your gift doesn’t just make a difference for Central now—it continues to do so every year, forever! When a gift is made to one of our endowments, the funds are earmarked for Central, then invested. Every year, the Foundation sends the school a distribution check—a certain percentage of the endowment balance—and after a small administrative fee, reinvests any remaining profits into our endowments for growth. The Foundation’s investments are overseen by professional advisors and by a board of Catholic laypeople and clergy throughout our diocese, who ensure that Central’s endowments grow over time to become a steady, reliable source of income for the school.
Endowments make it easy to imagine a future where Central staff and administration can spend less time on fundraising, and more time on what makes our school great. If we build our endowments now, that future won’t be far away. If you’d like to make an outright gift to one of our endowments, please visit https://secure.qgiv.com/for/gfcchs/.
If you’re interested in planned giving options that support Central (like the IRA Charitable Rollover, Charitable Gift Annuities or Deferred Gift Annuities, and more) and the generous tax benefits that go along with them, please reach out to Judy Held, Foundation President, at 406-315-1765 or firstname.lastname@example.org. Montana taxpayers or businesses may be eligible for the generous 40% Montana Endowment Tax Credit. Contact Judy to learn more!
2. ONLINE GIVING
Give now through Central’s secure online giving site. Charge the donation to your credit card or checking account. Select from the options for making a gift or contact the Advancement Office to discuss areas of current greatest need.. You may also select an option of a one-time gift or set up an account for future giving or monthly contributions. Click the link below to access our secure website to process your donation.
3. BUILDING A LASTING LEGACY (B.A.L.L.)
Support Great Falls Catholic Schools’ largest annual fundraising event! The B.A.L.L., held for the first time on January 26, 2018, is a combined fundraiser for Central Catholic and Our Lady of Lourdes schools. The dinner, live and silent auction, and Fund a Project provide revenue for school operations. You can help by sponsoring the event, donating a live, silent or dessert auction item, purchasing a table or ticket and attending and/or volunteering at this fun event.
Remember or honor someone special through a memorial gift or honorarium. Memorial gifts may be made on-line through Central’s secure on-line giving site.
5. DONATION OF PERSONAL PROPERTY
Donate boats, cars, real estate or other larger items you no longer need. Donations provide you with an income tax deduction equal to the market value of the item.
6. BEQUEST THROUGH A WILL
One of the simplest ways is to give is thorough your estate. You can make a gift bequest, after others have been provided for, of a dollar amount, specific property, a percentage of the estate, or what is left (remainder) to Great Falls Central. Call the Advancement Office for more information.
7. GIFT OF LIFE INSURANCE
A simple way to make a significant future gift is to name Central as a beneficiary to receive all, or a portion of the proceeds of an existing life insurance policy. You will receive a tax deduction for the cash surrender value, thus reducing your tax liability in the year of the gift.
8. GIFTS IN-KIND
AnIn-kind gift can be given to Central for immediate benefit, which in turn is used throughout the campus or for special events. Examples of these gifts are, but not limited to file cabinets, weekend cabins, airline miles, and goods and/or services for use as auction items. Value of the gift is tax deductible.
9. BONDS, MUTUAL FUNDS
Bonds and mutual funds are similar to cash in their tax treatment. State, Municipal and U.S. Government Bonds are welcome. Call the Advancement Office for more information.
CD’s, Saving, Brokerage, Checking Accounts with P.O.D. – The P.O.D. stands for Payable on Death. You retain full ownership and full control during your life. At your death, the account balance is paid to your named beneficiary (Great Falls Central) immediately and without probate. Call the Advancement Office for more information.
10. MATCHING GIFT
Many employers match their employee’s gifts to charitable organizations. This is a wonderful way to leverage your gift to the school. If you are not sure if your employer offers matching gift opportunities, the Central Advancement Office can find out and help you obtain the proper documentation.