Pope John XXIII High School is grateful for any and all contributions made to the school.  You might be interested to know that there is a wide variety of giving opportunities that can significantly benefit our school.  Listed below are some of the ways in which you can support the PJXXIII family.  In order to better assist you, the Advancement Office is available to support donors in this process and we encourage inquiries by both donors and their advisors. 

Gifts of Cash
Cash gifts are generally tax deductible in the year the gift is given.  Checks should be made out to Pope John XXIII High School and mailed to the Advancement Office, 1800 W. Grand Parkway, Katy, TX 77449.  The school can also receive gifts via credit card. 

Does your company have a matching gifts program?  In many cases, employers will match the amount you give, thus making it possible to double or even triple your gift.  (You will receive credit for the match.) 

Gifts of Securities
You may use stocks and securities to make a gift to PJXXIII.  If the securities have appreciated, you may find that you can make a larger gift at a lower cost than if the gift were made in cash.  Stock in companies that are closely held may also be given to PJXXIII.  Independent appraisals of market value must be obtained to ascertain the value of closely held securities.

Guidelines for Giving Stock to PJXXIII:
I. Transfer instructions for stocks held with a broker:

a. Contact the Advancement Coordinator, Lauren Gavulic at 281-693-1000, ext. 124 or lgavulic@pj23.org to notify our office of your gift.
b. Instruct your broker in writing to transfer the stock directly to the school:

SmithBarney
Attn: Mr. Bill Bomar
Address: 5555 San Felipe, Suite 1625
Houston,TX77065                                                                                                                    Phone: 713-821-3075
Fax:  713-963-9820
 

II. Instructions for stock held in certificate form:

a. Contact Lauren Gavulic, the Advancement Coordinator at 281-693-1000, ext. 124 or lgavulic@pj23.org to notify our office of your gift.
b. Mail or fax the unendorsed certificate, along with a letter of instruction to the Advancement Office at 1800 W. Grand Parkway, Katy, TX 77449.
c. In a separate envelope, mail a stock power (signed and dated) for each certificate to the Advancement Office at 1800 W. Grand Parkway, Katy, TX 77449.

Advance notice of stock gifts, especially wire transfers, is helpful in assuring that the gift is properly received and credited.  If you have any questions, please feel free to contact the PJXXIII Advancement Office.

Bequests and Testamentary Trusts
Gifts made through your will can be made to the school either through a new document or a codicil to an existing will. Gifts through bequests can help reduce federal estate tax liability.  To include PJXXIII in your will, you should instruct your attorney to design one of the following:

• A specified cash amount
• A specific property
• A percentage of your estate
• Remaining assets after loved ones are provided for

Gifts of Property
Property gifts include real estate and tangible personal property such as antiques, art, collections, and the like.  When such gifts support the function and purpose of the school, they can be important contributions.  Donors should consult the school’s Advancement Office before they make gifts of tangible personal property to PJXXIII since such gifts come under more rigorous scrutiny by the Internal Revenue Service.

Life Insurance
The school can be a total or partial beneficiary of an existing whole life insurance policy, or a new policy may be taken out for this purpose. Life insurance can also be used to replace the monetary value of assets used for charitable gifts made from your estate.  Annuities may also be given to the school.

Charitable Trusts and Life Income Plans
Trust agreements are individually written to accommodate the donor’s wishes with respect to a gift to the school while still taking care of family financial concerns. The Advancement Office can help you make a decision regarding these specialized financial plans, and you are urged to discuss them with your attorney or financial advisor as well.

Charitable Lead Trusts
This trust is created when a donor places property or cash in trust with the
income generated dedicated to PJXXIII for a period of time. The assets placed in trust revert to the donor or his or her heirs at the end of the time period.  The trust creates an immediate tax deduction in the year the trust is created, and it often enables the donor to pass assets to his or her heirs, usually with beneficial estate tax consequences.

Charitable Remainder Trusts
This trust is created when a donor places property or cash in trust with the income generated dedicated to the donor or his or her heirs for a period of time. The assets placed in trust go to PJXXIII at the end of the time period.  The trust creates an immediate tax deduction in the year the trust is created, and it often enables the donor to pass assets to his or her heirs, usually with beneficial estate tax consequences.

Remainder Interest in a Personal Residence or Farm
You may retain a life interest in your home or farm while deeding the property to the school. Though you may continue to live in or use the property, you may claim a tax deduction at the time the property is transferred.

Retirement Plans
Donors who wish to make a bequest to PJXXIII should consider naming the school as a direct beneficiary of all or a percentage of the assets left in their retirement plans. These assets passing to PJXXIII will escape both the estate tax and income tax, though they may be subject to the excess accumulation tax if the plan is sufficiently large.

Legal Name
It is important to use the legal name of the school when establishing a planned gift whether through your will or a trust.  The legal name of the School is Pope John XXIII High School, Inc. 

For more information on these and other types of gifts, please contact the Advancement Coordinator, Lauren Gavulic at 281-693-1000, ext. 124 or lgavulic@pj23.org.