YOUR LEGACY GIFT – A LASTING IMPACT!

Planned giving provides opportunities for donors to support Crespi Carmelite High School while also receiving tax-related and other financial benefits. Planned gifts allow the school to navigate current and future challenges without compromising our mission, programs, faculty, staff, or the Crespi experience as a whole. 

There are several ways to make a Planned Gift. All of the vehicles help secure Crespi’s future.

There are several ways to make a Planned Gift to Crespi Carmelite High School, a 501(C)(3) non-profit organization:

Ways to Give a Legacy Gift to Crespi

Bequests

A bequest is the most traditional way to provide for the future work of Crespi. With a donation through your will or living trust, you retain full use of your gift during your life and pass the earmarked contribution onto Crespi thereafter. Typical forms of bequests:

  • General Bequest – specifies that Crespi will receive a designated amount
  • Percentage Bequest – provides that a predetermined percentage of your estate will go to Crespi. For example: By leaving 10% of your estate to Crespi Carmelite High School, your estate is not obligated to make the charitable bequest in the event of catastrophic estate losses. 
  • Residuary Bequest – directs that everything remaining in your estate after all general bequests, specific bequests, and costs, will go to Crespi.
Qualified Retirement Plan

A Qualified Retirement Plan places Crespi as a beneficiary, leaving the account to a “non-taxable” entity rather than a relative or loved one who may otherwise bear the taxes. You can reduce potential estate and income tax by naming Crespi a beneficiary of your retirement plan with a specific dollar amount or percentage designation. Some Crespi supporters are naming the school as a secondary beneficiary of their retirement plan after their surviving spouse’s passing. 

Life Insurance

A life insurance policy donation is quite common in planned giving. Life Insurance, under proper planning, can provide a benefit that costs cents on the dollar for an organization of your choice. Naming Crespi Carmelite High School as the beneficiary of the policy creates an end-of-life Legacy Gift to help Crespi continue to thrive and grow. Life Insurance Strategy and Planning can have significant benefits for the owner and beneficiaries.

Gift Annuity

A gift annuity comes in many forms, and we recommend reaching out to your financial professional for additional information. We would be happy to provide recommendations for a financial professional if you require one. 

A Planned Gift will ensure that Crespi Carmelite High School continues its mission of educating young men in the Carmelite tradition. Please reach out to Executive Director of Advancement, Mrs. Gregoria Leoni, at [email protected]to obtain your Legacy Letter of Intent.

If you are considering a gift to Crespi Carmelite High School, or already have a gift written into your will or other financial planning instrument, please contact us. We want to make sure we thank you in a manner consistent with your wishes.

Disclaimer: Crespi Carmelite High School does not provide legal or tax advisory services. We encourage you to seek your own legal and tax-planning counsel when considering charitable estate gifts.

Jason Muljadi '17

Jason Muljadi '17

I will forever be thankful to Crespi for helping me to grow and to mature. It was a struggle, but I have become a stronger person. To the administration, the faculty, the staff, the maintenance workers, and contributors at Crespi Carmelite High School, thank you for making a boy’s dream come true. Because of everyone’s support, from teachers believing in me and pushing me in the right direction to procuring advice from the staff and administration, I am now a Bruin. I am so very grateful.

Jim Shontere '65

Jim Shontere '65

I am a member of the third graduating class of Crespi Carmelite in 1965. The quality of the total educational experience which Crespi provided put me on a path to success in life and career. I am grateful for being able to attend Crespi, and I am inspired to provide annual financial support along with a legacy planned gift. Planned gifts are a critical component of financial support for Crespi, and an essential element in ensuring that through the years, deserving students have the same educational opportunity that we did at Crespi.

For further information regarding giving to Crespi:

Gregoria Leoni
Gregoria Leoni
Executive Director of Advancement
(818) 654-1321