Looking Back and Planning Ahead
In 1936 my family had five students in St. Mary's Academy at Alton, Iowa. My parents paid $25 for their tuition. The farm didn't produce a thing that year because of the drought. The farmers all donated food to the Sisters—meat, eggs and potatoes. Later our daughter enjoyed a fine education at Briar Cliff University in Sioux City.
Since then the good Lord has blessed us many times over and it's time to say thanks! We have chosen to remember the Sisters of St. Francis in our estate plan by naming them as a partial beneficiary of our IRA. This brochure shows the great benefit of donating to nonprofit charities in this manner.
Bud and Clay Jonas Douglas, Wyoming
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.