Wills/Bequests/Planned Giving

Remembering Spalding Catholic School in your Will is one of the easiest ways to give a gift that keeps on giving. 


Giving Options...

There are a number of different ways in which a gift to Spalding Catholic can be made and some of those are listed below. For more information about any of these gift types, please contact the Development Office at 712-756-4528.

Outright Gifts

Catholic Schools, Parishes and other ministries of the diocese are pleased to accept the following outright gifts:

  • Cash
  • Stocks
  • Real Estate

Outright gifts are convenient and provide an immediate benefit to the school and church and its' ministries. Gifts of securities are encouraged when supporters have the desire to make a charitable gift and avoid capital gains tax. Gifts of real estate may be accepted upon approval in accordance with appropriate gift acceptance policies.

Bequests

A gift in your will is an excellent way to support one of the many endowments established for parishes, schools or other organizations in the Diocese, or to create a new endowment. You can make a specific gift amount in your will, name a percentage, or make the Diocese a beneficiary of the remainder of the estate.

IRA Gifts

Naming the school or church as a beneficiary of an IRA or other qualified retirement plan may save your heirs and your estate a potential tax burden. The gift can be made simply, by using your beneficiary designation forms.

Charitable Gift Annuity

A gift annuity is an attractive way to make a charitable gift, while at the same time receive guaranteed annual annuity payments. Your gift allows for a tax deduction, plus a portion of your annual annuity is tax-free. Annuity rates can range from 5-11% depending on your age.

Click here for more information on Charitable Gift Annuities! 

Charitable Trusts

There are several types of charitable trusts that you can create to support your school, parish or any ministry of the Diocese. A charitable trust is an attractive way to sell a highly appreciated asset tax free, and reinvest it to provide you with a lifetime of income. A charitable trust can also be flexible to allow you to make future contributions and receive additional income tax deductions.

Life Insurance

May times an old life insurance policy is no longer needed. Simply name the school or parish as a beneficiary. You could also name these as the owner and beneficiary of a new policy.

For more detailed information on Planned Giving (that is available to Spalding supporters) please check out the Diocese of Sioux City website.

The address for the Spalding Catholic Development Office is: PO Box 436, Alton, Iowa 51003.  The tax identification number for Spalding is 42-0866655.

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