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Where most needed supports numerous costs connected with carrying out the important work of supporting Benedictine life.
The ecumenical endowment supports spiritual offerings that welcome all and helps build the Sisters' community through recruitment and formation.
The environmental endowment helps to fund the restoration and maintenance work at Holy Wisdom Monastery, as well as well as the college internship program.
Missionary aid helps fund the school building project of the Missionary Benedictine Sisters of Nairobi, Kenya.
Pledges
You may spread commitments to the sisters over several years and pay in
annual or quarterly installments. The Benedictine Life Foundation will send
payment reminders upon request. A pledge can make it easier for you to
give as generously as possible.
For example, you can pay a pledge of $3,000 in quarterly installments
of $375 over two years; as annual installments of $1,000 for three years;
or $750 for four years.
Gifts of stock or property
You may also direct gifts of stock or property to the sisters. We have
an account with Merrill Lynch to facilitate the transfer of stocks,
bonds, mutual funds and other securities.
Planned
giving
A planned gift to
the Benedictine Life Foundation supports the future works of Benedictine Women of Madison. Planned gifts include:
Will
Bequests can be a fixed amount; a percentage or the remaining value
of your estate after loved ones are cared for.
Charitable
gift annuity
An annuity is an investment that pays a constant rate of return each year.
A portion of the interest income may be tax free and a portion of the
principal gift can be deductible the year of establishing the annuity.
Life
insurance
Your gift of life insurance to a charitable organization is a gift that
continues in perpetuity. You can specify how the cash value proceeds of
the policy are used.
Charitable remainder trust
The purpose of a trust is to set aside money or other assets to provide
an income for yourself or another person. Charitable remainder trusts
offer the additional advantage of establishing a tax-deductible gift
for qualified nonprofit organizations.
Living trust
A living trust is a flexible legal document through which you control
the administration of your assets.
Memorial and honorary gifts
You can honor the special people who are an important part of your life
with a memorial gift or honorary gift. A memorial gift is a lasting reminder
of their past presence in your life and a remembrance of their unique contributions.
An honorary gift is a living memorial to someone special in your life.
For more information on giving to Benedictine
Women of Madison, contact Betsy Liotus, executive director, at bliotus@benedictinewomen.org or 608-836-1631, ext. 120.
