Legacy Giving and The Perpetual Light Society

 

 

Central Catholic has created a legacy giving society, the Perpetual Light Society, in partnership with the Catholic Foundation of South Louisiana as a way to recognize past and current gifts that have been given to support our school. The Perpetual Light Society consists of benefactors who have given gifts that come in a variety of ways ensuring sustainability long into the future for Central Catholic and its students. Some of examples are actual bequests, designation of Central Catholic as a beneficiary, establishing an endowment or adding to an endowment for Central Catholic with the Catholic Foundation. The Perpetual Light Society truly recognizes those who are creating a legacy for years to come creating a bright light for the future of our school.

 

The Perpetual Legacy Society is open to all donors and friends of the Central Catholic who provide for the future of our school through a planned gift or an established fund with the Catholic Foundation. As the name implies, you may continue to add gifts over the years to create a living legacy. Joining the Perpetual Light Society is a way of assuring that your financial gift to your Central Catholic is a lasting one for years to come. We sincerely thank you and please know that your generosity will bless our school now and many years to come.

 

 

 

 

 

 

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        Your Legacy Plan                    Open a Fund                 Give to an Exisiting Fund

 

Did you know that anyone can add to an existing fund at any time, in any amount – even if you did not start the fund! Donating to an existing fund is easy, and there are options for everyone:

 

 

Cash

Donate any amount online or mail a check with the fund name on the memo line. We also accept wire transfers and ACH payments.

 

Credit Cards

We accept all major credit cards online and over the phone.

 

Real Estate and Marketable Securities

Transfer securities to The Catholic Foundation for Central Catholic – after liquidation, the Catholic Foundation will deposit the assets into the fund of your choice or directly to your parish/ministry.

 

Insurance Policies

Simply designate The Catholic Foundation, restricted for Central Catholic as the beneficiary and specify the name of the fund.

 

Life Estate

Allows you to make a gift of your home to benefit Central Catholic parish, while retaining the full use and rights to the property during your lifetime. This type of planned gift may reduce the donor’s tax liability by avoiding a capital gain and by generating a current charitable deduction. It also removes the property from your estate, thereby reducing or eliminating any estate taxes.

 

IRA Rollover

Roll over all or a portion of your IRA’s required minimum distribution. If you are 72 or older, you can make a gift of up to $100,000 to support your beloved parish or ministry. You will not pay taxes on any distributions made to the Catholic Foundation for Central Catholic.

 

Bequest

Designate the Catholic Foundation as a beneficiary in your will, restricted for Central Catholic and become a member of the Perpetual Light Society.

 

Central Catholic is a proud partner with the Catholic Foundation for all of our legacy planning needs. For more information on how to create your own personal and family legacy, please click on one of our resources below, contact us or reach out to the Catholic Foundation. The Catholic Foundation can be reached at aponson@htdiocese.org or 985.850.3116 for a confidential conversation about our parish and your legacy.