What is Planned Giving

Planned Giving is a special way to support Saint Bede’s mission through your financial and estate plans. Whether through a will, trust, retirement account, or life insurance policy, a planned gift allows you to make a lasting contribution without impacting your current lifestyle.

These deferred gifts enable Saint Bede to provide students with the best possible academic instruction and spiritual formation, and present a great avenue for securing a lasting future for the Abbey and Academy.

Ways You Can Make a Planned Gift

Bequests

A bequest is a designation in your will that does not affect your finances during your lifetime. It can be specified as a fixed dollar amount, an asset, or a percentage of your estate after all other debts, taxes, and expenses have been made.

Charitable Remainder Trusts

A Charitable Remainder Trust is a planned giving option that enables you to create a fund that pays income to you or your loved ones for a period of time. When the trust term ends, the assets may be directed to Saint Bede to support our mission.

Life Insurance

You can support Saint Bede by naming the Academy as a beneficiary of your life insurance policy. Simply update your beneficiary designation form with your insurance provider, and include Saint Bede Academy as a primary, secondary, or partial beneficiary.

Retirement Assets

Through retirement accounts such as your IRA, 401(k), or 403(b), you can support the mission of Saint Bede. This planned giving option may help reduce the tax burden on your heirs.

Letting us know that you made a Planned Gift

If you already included Saint Bede in your estate plans, it is important that you notify us so that we may honor your intentions with care. You can do this by completing the Benedictine Declaration of Intent form, which allows you to share your wishes with us.