Blessed Sacrament School Endowment
The Blessed Sacrament School Endowment was established in 2000. Income from this endowment supports Blessed Sacrament Catholic School in Lincoln. The endowment fund is administered by The Catholic Foundation of the Diocese of Lincoln.
What is the purpose for the endowment?
The endowment was established to create a long term funding mechanism to offset operational expenses. Earnings from the endowment are used to support ongoing operations at the Blessed Sacrament Catholic School so that we can ensure the ongoing success of our school in providing a Catholic based education to our parish’s children.
Are there fundraisers held for the endowment?
The “Table for Ten” event is an elegant evening of fellowship, dinner, and dancing for the purpose of raising funds for the Blessed Sacrament School Endowment Fund. The event is held once a year in February at the Lincoln Country Club. The event includes a social hour, followed by dinner, and dancing. For those who have attended in the past, it commonly becomes an annual tradition. Previous events have raised over $10,000 for the endowment fund and we hope to exceed that amount this year.
Learn more about “Table for Ten” by visiting the information page on our website.
How can I make a contribution to the endowment?
The Catholic Foundation is pleased to accept the following outright gifts:
- Real Estate
Outright gifts are convenient and provide an immediate benefit to the Foundation and its ministries. Gifts of securities are encouraged when supporters have the desire to make a charitable gift and avoid capital gains tax. Gifts of real estate may be accepted upon approval in accordance with the Foundation’s policies.
A gift in your will is an excellent way to support one of the Foundation’s endowments, or to create a new endowment. You can make a specific gift amount in your will, name a percentage, or make the Foundation a beneficiary of the remainder of the estate.
Naming the Foundation as a beneficiary of an IRA or other qualified retirement plan may save your heirs and your estate a potential tax burden. The gift can be made simply, by using your beneficiary designation forms.
Charitable Gift Annuity
A gift annuity is an attractive way to make a charitable gift, while at the same time receive guaranteed annual annuity payments. Your gift allows for a tax deduction and a portion of your annual annuity is tax-free. Annuity rates can range from 5-11% depending on your age.
There are several types of charitable trusts that you can create to support the Foundation and you. A charitable trust is an attractive way to sell a highly appreciated asset tax free, and reinvest it to provide you with a lifetime of income. A charitable trust can also be flexible to allow you to make future contributions and receive additional income tax deductions.
May times an old life insurance policy is no longer needed. Simply name the Foundation as a beneficiary. You could also name the Foundation as the owner and beneficiary of a new policy.
How do I make a contribution to the endowment?
You can use our parish’s Online Giving site to make a one-time or ongoing gift to our endowment fund using your checking account, savings, or credit card. If you want more information on our Online Giving please go to the Onling Giving Information Page on our website. Please feel free to call our parish office at 402-474-4249 or contact the foundation for further information.
The Catholic Foundation of the Diocese of Lincoln
3400 Sheridan Boulevard
P.O. Box 80328
Lincoln, NE 68501