Planned Giving

Thank you for considering a planned gift to support the mission of St. Peter’s School and the Msgr. Edward C. Dunn Foundation for Education. Your thoughtful generosity ensures that future generations of students continue to receive the transformative Catholic education rooted in academic excellence and spiritual formation.

By including the Dunn Foundation in your estate plans, you leave a legacy that reflects your values and sustains the vision of forming young minds and hearts in faith.

Why Consider Planned Giving?

Planned giving allows you to make a lasting impact on the future of Catholic education while also meeting your personal, financial, and philanthropic goals. Whether you’re looking to reduce taxes, generate income during retirement, or leave a meaningful legacy, there are flexible giving options to suit your needs.

Through a planned gift, you can:

  • Support the long-term growth and mission of St. Peter’s School.

  • Maximize tax advantages for you and your heirs.

  • Ensure your charitable wishes are honored for years to come.

Types of Planned Gifts

Bequests (Will or Trust)

Including the Msgr. Edward C. Dunn Foundation in your will or trust is a simple and meaningful way to leave a legacy. You can:

  • Leave a specific dollar amount or percentage of your estate.
  • Bequeath specific assets such as real estate or securities.
  • Give the residue of your estate after other distributions are made.

Sample Bequest Language: “I hereby give, devise, and bequeath [dollar amount, percentage, or description of asset] to the Msgr. Edward C. Dunn Foundation for Education, a nonprofit organization located at 104 W. 1st Street, Mansfield, Ohio 44902-2199, Tax ID: 34-1477702, for its general charitable purposes.”

We encourage you to share your plans with us so we may thank you during your lifetime and ensure your gift is used as you intend.

Charitable Gift Annuities (CGAs)

A CGA allows you to make a charitable donation while receiving a fixed income for life. After your lifetime, the remaining funds support the mission of the Dunn Foundation.

Benefits:

  • Guaranteed income stream for one or two beneficiaries.
  • Partially tax-free income.
  • Immediate charitable income tax deduction.

Ask your financial advisor or contact us to learn about current payout rates and how a CGA could work for you.

Life Insurance Policies

You can name the Msgr. Edward C. Dunn Foundation as a full or partial beneficiary of an existing life insurance policy, or purchase a new policy specifically for charitable giving.

Ways to give:

  • Name the Foundation as the primary or contingent beneficiary.
  • Transfer ownership of a paid-up policy for an immediate charitable deduction.

Retirement Plan Assets

Designating the Dunn Foundation as a beneficiary of your IRA, 401(k), or other retirement accounts is a tax-smart way to make a legacy gift.

Benefits:

  • Avoid potential double taxation on retirement assets.
  • Simple to update through your plan administrator.
  • No need to amend your will or trust.

This is often one of the most efficient ways to make a charitable gift, as retirement assets left to individuals may be subject to significant taxes, but those left to nonprofits pass tax-free.

Charitable Remainder Trusts (CRTs) & Charitable Lead Trusts (CLTs)

These more complex giving vehicles allow you to support the Foundation while achieving your estate planning goals.

  • A Charitable Remainder Trust provides income to you or loved ones for life or a term of years, with the remainder going to the Foundation.
  • A Charitable Lead Trust provides annual income to the Foundation for a set period, after which the remaining assets are returned to your heirs, often with reduced estate taxes.

These trusts require professional guidance but can offer powerful benefits to you, your family, and our mission.

We’re Here to Help

If you’re considering a planned gift, we’d love to talk with you. We can provide additional information, answer questions, and ensure your gift is structured in a way that honors your intentions.

Please contact us to start a confidential conversation.

Thank you for supporting the future of Catholic education at St. Peter’s School.

Change a life today

Your support today will benefit students for years to come.