Page 6 - Case for Support
P. 6
Advancing the Mission
Gifts of Cash are gratefully accepted at any time.
Gifts of Securities for stocks that have increased in value (appreciated), the key to receiving tax savings is to donate shares of stock directly to Padua Franciscan. You receive a double tax bene t by avoiding capital gains tax on the pro t and receiving a tax deduction for the fair market value of your gift.
For stocks that have lost value (depreciated) the key is to sell them rst and then give the cash proceeds to Padua. You bene t in two ways – you can take both the loss deduction and the charitable deduction.
Gifts of Life Insurance can provide a way to make a sizeable gift at a relatively low cost. Please consult your attorney or tax advisor.
Bequests and Life Payment Plans are excellent ways to participate in the campaign at levels you might not ordinarily consider. These include a bequest in your will as well as various trust instruments. Please consult with a nancial advisor or contact Padua’s Advancement O ce to begin this discussion.
The Kohuth Challenge
Two anonymous alumni have come forth to provide a $200,000 Challenge Grant to the PaduaPlus+ Campaign. The grant is in recognition of longtime faculty member Tom Kohuth, who retired in June of 2017, after 50 years of service teaching Bruins both in the classroom (as a math teacher) and on the eld (as a football coach).
Mr. Kohuth humbly accepted this tribute and is pleased to play a role in the success of the Campaign. The two alumni who started the challenge ask other alumni, parents and friends of Padua to follow their lead, by making a gift to the PaduaPlus+ Campaign.
“ I want to thank all of the donors
who made my Padua education possible. You have no idea what impact you have made on my life and the lives of countless other students. Padua has changed my life. Giving back will allow similar opportunities for more students in years to come.”
-Rachel George ’18, Padua Alumna