St. Mary School - Paris at 1121 Main Street, Paris, KY 40361 US - St. Mary School Endowment Fund

Preserve Something Precious: St. Mary School

Having a quality private school in the community benefits everyone – from producing kids who become good citizens, to attracting new residents and businesses by providing an educational alternative. The Church of the Annunciation in Paris has long held the mission of providing education for its children and its neighbors’ children. Through regular collections in the church, affordable tuitions, and various fundraisers, St. Mary School has been able to meet its daily needs. However, with the advances in technology and the rising costs of education in general, it is imperative to find additional funding for the future viability of St. Mary School. Thus, the Educational Endowment Fund was formed. The Endowment Fund will insure a permanent parochial school system in the community, attract and retain quality teachers, expand facilities and programs, and keep tuition affordable. Please consider giving to the St. Mary Educational Endowment Fund. How to Give: Outright Gifts - § Cash § Marketable Securities that have appreciated in value § Real Estate Property, Jewelry, Art, Coin or Stamp Collections, Antiques – usually Assets that have become valuable over the years. Planned and Deferred Gifts - § Bequests – A donor may leave cash, securities, real estate, or other assets by will. The gift may be designated as a specific amount or as a percentage of the estate. § Memorials – In the event of a death, one may request donations to the Fund in lieu of flowers. § Life Insurance – Life insurance policies may become unneces-sary for a currently independent family, and can become a gift to the Fund at little or no cost. § Life Estate – The legal title of a personal residence can be passed to the Fund while the donor reserved the right to live in the residence until death. This provides an initial tax deduction. § Gift Annuity – Stocks, secure-ties, personal property, etc., given to a charitable cause provide the donor with annual payments for life, and a tax deduction based on the value of the contribution. § Charitable Remainder Unitrust (e.g. income-producing property) This fund can ultimately benefit the donor’s parish. It provides a fluctuating annual income for one or more donor-selected beneficiaries. The donor receives personal tax benefits. § Charitable Remainder Annuity Trust – (One-time annuity – nothing added later) – This program is comparable to the Charitable Remainder Unitrust except that the annual income is fixed. ***Does Your Employer Match Your Gifts? Many companies will match their employees’ charitable donations. For example, Exxon matches $3 for every $1 given, and IBM and Lexmark match dollar for dollar. Check with your company!*** Donations or gifts may be sent to: St. Mary School Educational Endowment Fund 1121 Main Street Paris, KY 40361 All gifts are tax-deductible, and very much appreciated!

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