Purchase Life Insurance Policies making the Foundation the owner or beneficiary. If owner, any premiums paid are tax deductible. You would normally do this after your loved ones are adequately provided for.
Remember the Foundation in your will. Many people find it desirable and possible to make charitable bequest after adequately providing for the needs of loved ones. You can give a percentage of your estate, a specified dollar amount, or property.
Our foundation charitable gift annuity program provides an excellent opportunity to support our mission while enjoying a fixed income for life. This program is managed for us by the Catholic Development Foundation in Fargo.
With a $10,000 contribution or greater, the Foundation will set up a plan in the donor’s name and he/she can select where the earnings of this contribution should go annually in their name, as long as it is consistent with our mission.