GRANDPARENTS DAY

Grandparents Scholarship

Since 1987, grandparents have generously supported the St. Francis DeSales High School Grandparents Scholarship Fund. Each year, exceptional students receive a $1,000 scholarship, recognizing their strong academic achievements, leadership qualities, and dedication to excellence.

With the continued generosity of grandparents like you, we can expand this impactful endowed grandparents scholarship. Please consider donating—every contribution makes a difference.

4212 legacy society
Support a DeSales future for generations with a planned gift

  • Gifts from a Will or Trust - (Bequests)

    Name St. Francis DeSales HIgh School in your will or trust as a beneficiary

    • You maintain control of your assets

    • Reduces federal estate taxes for heirs

    • Be recognized

    • Fund your passion or the SFD Endowment

  • Gifts from Retirement Plans

    Designate St. Francis DeSales High School as a beneficiary or leverage an IRA Charitable Rollover

    • Eliminate income taxes in your lifetime; helps w/ Req Min Distributions

    • Reduce federal estate taxes for heirs

    • Be recognized and fund your passion or the SFD Endowment

  • Gifts from Life Insurance

    Designate St. Francis DeSales High School as a beneficiary or donate cash values

    • Current income tax deductions

    • Be recognized for your your support

    • Fund your passion or the SFD Endowment

  • Gifts which pay income to you

    Creative strategies that can create income, protect assets and /or reduce taxes

    • Charitable Gift Annuities, Deferred CGA, Charitable Remainder Trusts and other options

    • Consult your financial advisor to best fulfill your needs and support DeSales

Gifts of Assets and Tax Mitigation Opportunities

  • Turn Required Minimum Distributions (RMDs) from your IRA into Qualified Charitable Distributions (QCDs) for St. Francis DeSales High School

    A Qualified Charitable Distribution (QCD) is a direct transfer of funds from your IRA payable to any qualified charity (SFD). QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met. QCDs have significant tax advantages in certain situations. Consult your tax advisor.

  • Leverage gifts of appreciated securities in Non Retirement accounts to support St. Francis DeSales High School while avoiding capital gains taxes.

    Here is an illustration of possible savings and impact of a stock gift. Please consult your tax advisor, impacts vary based on your tax situation:

    Value of Appreciated Stock = $50,000

    Federal Capital Gains Taxes Avoided = $7,500

    OH Capital Gains Taxes Avoided = $2,400

    Federal Income Tax Savings = $14,000

    State of OH Income Tax Savings = $1,000

    Total Tax Impact of Gift = $24,900