Gifts That Make an Impact Now
If you would like to support Benedictine students today, consider the giving options below — many of which have financial and personal benefits to you.
Recommend a grant now from your donor-advised fund
You can now initiate a grant recommendation from your donor-advised fund, or DAF, using the link below. Simply start typing in your fund provider name and the system will prompt you through the process.
If you do not have a donor-advised fund, consider creating one with Benedictine. The Benedictine College Donor-Advised Fund, powered by the Knights of Columbus Charitable Fund, is a safe, secure and confidential platform to maximize your philanthropic impact for Benedictine and other organizations that align with your Catholic values.
The endowment is the lifeblood of an institution. It allows for scholarships to reduce financial burden, as well as to attract the best and brightest students. The endowment also provides sustained funding for enhanced academic programs and helps attract and retain top-notch faculty. Every discussion about the long-term growth and sustainability of the Benedictine College mission ultimately revolves around the necessity of dramatic growth in our endowment.
The Benedictine College endowment currently sits at $33.3 million. The average endowment for the rest of the Top 10 schools in its U.S. News category is $133.3 million. Benedictine College benefactors have shown tremendous generosity in pulling the endowment from dire straits in recent years, but there is still a long way to go.
There are many ways to help. The easiest is to make a gift to Benedictine College in your will. Other methods include gifts of cash, stock, using your Donor Advised Fund or using a Qualified Charitable Distribution from your IRA or other investments. Contact us today to discuss your vision for sustaining Benedictine’s mission long into the future through a gift to the endowment.
Memorial or Tribute Gift
When you give a memorial or tribute gift for Benedictine College to honor someone special, you’re expressing your love, admiration, and gratitude in one of the most meaningful ways there is. Your gift will honor your loved one, create a lasting tribute, and provide the next generation with a high-quality Catholic education.
Gifts of Appreciated Securities
Matching Gift Opportunities
Would you like to maximize the impact of your giving and encourage other supporters to mobilize on behalf of Benedictine students? Consider sponsoring a matching gift challenge. Donate a pool of funds to Benedictine College, from which we will match any donation made within a given period of time. In this way, you can double the impact of your giving.
Qualified Charitable Distribution
You can transfer funds from your IRA directly to Benedictine College. This is an effective way to have an immediate impact and show students at Benedictine that they are made for greatness. Here’s how it works:
- You must be 70 ½ or older.
- An individual may transfer up to a total of $100,000 per year and a married couple may give up to $200,000.
- An individual may take a one-time QCD up to $50,000 to fund a charitable gift annuity (CGA) or charitable remainder trust (CRT).
- Your gift must be transferred directly from the IRA account to Benedictine College.
- Your gift is a transfer of funds from your IRA to Benedictine College so it does not create taxable income for you and is not considered a charitable tax deduction.
- If you are 73 and older, the transfer of funds counts towards your annual Required Minimum Distribution from your IRA.
If you’re interested in this popular way to support Benedictine College, you can learn more and access step-by-step instructions here.