Fontbonne Hall Academy

Skip to main content
Mobile Menu
Support Our Mission
Support Us » Planned Giving @ Fontbonne

Planned Giving @ Fontbonne

 

Planned Giving:  A Lasting Gift.  An Indelible Legacy

For over 82 years, Fontbonne has provided the finest all-girls Catholic education in New York. Now more than ever, as costly changes become necessities rather than “niceties”, we need your help to secure the future for generations of Bonnies.

 

As a simple definition, Planned Giving is the means of creating charitable gifts for you to realize your philanthropic objectives and simultaneously minimize your after-tax costs. These type of gifts to Fontbonne will help safeguard the foundational Josephite education that has molded thousands of success stories.  

 

Hundreds of other schools have found that Planned Giving is one of the most effective ways to ensure the on-going success of their school and their programs. It can be the financial safety net we need here at Fontbonne to keep tuition affordable, to make critical improvements to our physical plant and to continually update academic resources to attract and nurture talented students. By deciding to be a “Planned Giver,” you will be helping hundreds of young women for years to come, and you will also be named a founding member of the FHA Bridge to the Future Society.


The most common types of planned gifts:
  • Bequests Through Will or Trust: Designate FHA as the beneficiary of a bequest or gift by the terms of the donor’s will. Gifts of up to $100,000 directly from your IRA to a qualified charity like FHA can be given without having to pay taxes on the money.
  • Required Minimum Distribution (RMD). As you reach age 70.5, you generally have to start taking withdrawals from your IRA, SEP IRA, SIMPLE IRA or retirement plan account. That is the “RMD” the minimum amount you must withdraw from your accounts each year.
  • Life Insurance: You may elect to name FHA as the owner and beneficiary of the policy.
  • Securities & Real Estate: Gifts of appreciated property such as securities (i.e.: stock transfers) and real estate are popular alternatives to cash gifts and can generate a double tax benefit.
  • Retirement Plan Assets: Retirement plans owned by the donor may be gifted to FHA upon the donor’s passing. These might include Individual Retirement Accounts (IRA), 401(k), 403(b), and defined contribution plans.
  • Charitable Gift Annuities: A charitable gift annuity allows FHA to receive fixed payments while simultaneously making a gift to FHA.
 
*Sample Language for your will--consult your attorney or accountant for more information:

Specific Gift Language:

I give and devise to Fontbonne Hall Academy (Tax ID #11-1667628), located in Brooklyn,New York, the sum of $___________ (or asset) to be used for its general support (or for the support of a specific fund or program).

Residual Gift Language (A residual bequest comes to us after your estate expenses and specific bequests are paid):

I give and devise to Fontbonne Hall Academy (Tax ID #11-1667628), located in Brooklyn,New York, all (or a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).

The FHA Bridge to the Future Society
The FHA Bridge to the Future Society was established to honor Alumnae and Friends who have made the visionary decision to make provisions for FHA in their will or through other planned giving vehicles. Following are current members of the Society to whom we are eternally grateful:
 
Joyce Thomas '64
Judith Grimaldi, Esq '66
Rose Marie Borg '67
 

For more information about becoming a member of the

FHA Bridge to the Future Society

*       

Please consider Planned Giving. It’s truly “a song of faith, of hope, of love, of everlasting love in Alma Mater’s praise.”


 For more information on any of these means of support for Fontbonne, please call Joseph Geraci, Director of Development in the Office  of Institutional Advancement at 718.748.2244 x137.  Thank you again for your love and support of Fontbonne.