JPII Halo Society | Planned Giving
Sometimes called deferred gifts, the term planned gifts refers to specific strategies that (in most cases) benefit charity at some point in the future while offering immediate benefits to the donor.
Our tax laws not only encourage the support of charitable organizations; the tax code provides benefits that make it possible for the philanthropic spirit to be expressed through many forms of giving.
The gift of a paid-up life insurance policy is a good example. By designating a qualified charity as owner and beneficiary of such a policy, you will receive a charitable income tax deduction that, in most cases, is equal to your cost basis in the policy.
Planned Giving, Your Way
The Charitable Remainder Trust (CRT) is perhaps the most versatile charitable giving tool (why not start with the most versatile). With the CRT, it is possible to bypass capital gains tax on the sale of highly appreciated assets, generate an increase in income, receive an attractive charitable income tax deduction, and fulfill your philanthropic objectives.
The CRT is a legal trust that can be constructed to produce a predictable annuity payment each year or take advantage of investment growth opportunities with income payments based on a growing trust principal.
STILL NOT SURE WHICH PLAN IS BEST FOR YOU?
If you are trying to decide which planned giving option is best for you, try the planned giving calculator, provided by the Diocese of Allentown. Simply click the button below and explore your options. Please note, you will be leaving John Paul II Center’s website to use the planned giving calculator.Planned Giving Calculator
1. Contact Melissah Jablonski at 610-777-0605 or send her an email for additional information about the Halo Society, including different options to leave John Paul II Center for Special Learning in your will or estate plan.
2. Seek advice from your legal or financial advisor
3. If you include John Paul II Center for Special Learning in your plans, please use our legal name and federal tax ID:
a. Legal Name: John Paul II Center for Special Learning, Inc.
b. Address: 1092 Welsh Road, Shillington, PA 19607
c. Federal Tax ID Number: Contact JPII for EIN number.
The purpose of this web page is to provide general information only. John Paul II Center for Special Learning is not engaged in providing legal or tax advisory service. Advice from legal and tax counsel should be sought when considering these types of gifts.