The Cathedral High School development office is ready to work with you to fashion the most beneficial means for making your gift in support of the school. Gifts to Cathedral are income tax deductible to the full extent allowable by law.
The gift vehicles outlined below represent donor opportunities to support Cathedral. We invite you to consider the following options:
The easiest and most common way to support Cathedral is by making a cash donation. There are a number of ways to make your gift:
- By sending a check (payable to Cathedral High School) through the mail to:
Cathedral High School
312 7th Ave N
St. Cloud, MN 56303
- By calling the Development Office at (320) 257-2139 or 257-2122 and charging your credit card via the phone.
A matching gift by your company or organization increases your generosity to Cathedral by adding the matching amount to your gift at no additional expense to you. It is easy to make a matching gift: simply contact your Human Resources Department and inquire about your company's matching employee donations policy. Follow the procedure they recommend.
You can benefit in two ways by making a gift of appreciated securities/common stock to Cathedral High School. First, you will be able to claim a charitable income tax deduction for the full value of the shares; and second, you will be able to avoid the capital gains tax that would have been due if you sold the shares. When making a gift of securities, it is important that you arrange for a transfer of your securities to Cathedral High School and not sell them yourself. Please contact: Troy Fritz, Development Director, Cathedral High School at 320-257-2122 to help facilitate the transfer.
Your gift to the Cathedral High School Education Foundation may be made in memory, or in honor of someone. The interest generated from the principal is used for our Tuition Assistance Program. Memorials or tributes that accrue to $25,000 and more are tracked and annual disbursements are made in honor of the scholarship holder.
Real estate held more than 12 months can be contributed to Cathedral High School, entitling the donor to an income tax deduction based on the current, appraised value. In addition, the donor also avoids a potential capital gains tax on the property. All gifts of Real Property must be accompanied by (i) an independent qualified appraisal; (ii) evidence of marketable title; and (iii) a Phase I environmental assessment. It is advisable to consult with your attorney and accountants prior to making a gift of this type.
Planned Giving is an estate-planning tool that allows a donor to make a contribution to Cathedral High School that can provide substantial financial and tax advantages to the donor. Assets that can be used to make a Planned Gift include:
- IRA/401K Accounts
- Real Estate
- Bank Accounts
- Mutual Funds
- Life Insurance
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There are many methods that can be used to make a Planned Gift including wills, annuities and charitable remainder trusts. A donor should consult their estate planner or attorney for the method that allows them to maximize their benefits. Cathedral High School can help with this process by providing advisors that are experts in this area.
For more information, contact Troy Fritz, Director of Advancement at 320-257-2122 or Email.