Use Your Legacy to Galvanize the Firebird Family

By becoming a member of the Phoenix Legacy Society, you have the power to support Kellenberg Memorial while still securing the financial needs of your loved ones, as well as benefitting from tax credits and deductions. Legacy gifts – both modest and substantial – are a gracious way of ensuring that your support will continue to strengthen the future of the Marianist education of the heart and mind for many generations to come. Your Phoenix Legacy Society membership involves no obligations or solicitations but does allow us to thank and recognize you throughout the year. It is our hope that your foresight will also inspire the generosity of others.

To become a member of the Phoenix Legacy Society, simply inform the Director of Advancement Mrs. Denise Miles in writing that you have named Kellenberg Memorial High School as a beneficiary in your financial or estate plans. Contact Denise Miles at (516) 292-0200 X245 or MrsMiles@kellenberg.org

To learn more, we encourage you to explore the gift opportunities below. We are happy to assist you in any way we can as you prayerfully consider if one of these options is right for you.

In mythology, the Phoenix is a legendary bird living for a thousand years and, sensing its life is near the end, builds a nest with herbs and flowers. The nest is set ablaze and the Phoenix is consumed by the flames. From its ashes, the Phoenix rises again to live for another thousand years; its beauty and majesty now apparent for future generations. Like the Phoenix rising from the ashes, members of the Phoenix Legacy Society ensure the continued vitality of Kellenberg Memorial High School with their estate plans through various kinds of deferred giving arrangements, including different types of trusts, insurance gifts, and bequests.

Why I Became a Member of the Phoenix Legacy Society

Former Faculty Member Glenn O’Kane ’90, P’18,’23, pictured with Jordynn ’18, Thomas ’23, and his wife, Syndee

“As a graduate, former teacher, and parent of an alumna and current Kellenberg student, I recognize and appreciate the enormous benefit of the Marianist education that Kellenberg provides.  My wife, Syndee, and I have been annual supporters of the Shepherd’s Fund. With the new renovations and updates to technology and science labs, sports facilities, arts, and apostolic activities that Kellenberg is undertaking, we felt compelled and blessed to join the Phoenix Legacy Society.  We are confident that the ‘One Heart, One Mind’ philosophy of Kellenberg Memorial will continue to shape the lives of their students and guide them ‘To Jesus, through Mary’ for many generations to come.”

Legacy Gift Options

General Bequest

Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate, or personal property. There are many types of bequests. Choose the one that best fits your needs and intentions.

Retirement Accounts

Naming Kellenberg Memorial High School as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan, or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings.

Charitable Gift Annuity

You can turn underperforming assets (stock, cash in a savings account, CDs, savings bonds, etc.) into a gift to Kellenberg Memorial that provides income to you. Your Charitable Gift Annuity will give you quarterly, fixed payments for life and tax benefits, too.

Appreciated Stock

When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, you’ll receive charitable deductions at full, fair market value while reducing capital gains impact.

Make a Charitable IRA Rollover

If you’re 70 ½ or older, you can make a gift directly from your IRA to Kellenberg Memorial. While there is no charitable deduction for a rollover gift, you do avoid the income tax on the donated portion of your required minimum distribution.

Real Estate and Other Valuables

Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other well-curated collections, can be deducted from your income tax today and reduce your estate taxes in the future.

Consolidated Appropriations Act

The Consolidated Appropriations Act (CAA) was signed into law on December 27, 2020. It extends the additional tax incentives that the CARES Act created for charitable gifts.

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