School Sisters of Notre Dame - Charitable Gift Annuity
A Gift with Many Benefits
A charitable gift annuity with the School Sisters of Notre Dame is foremost a gift, but one that provides our donors with lifetime benefits. It is an easy way to make a deferred gift to SSND ministries or provide funds for the sisters’ retirement, while at the same time securing annuity income payments for your self.
Charitable gift annuities are simple. With SSND you can start with as little as $5,000 for either a single or two-life annuity. Once you are 65, the annuity income payments start immediately. A deferred annuity, one that starts sometime in the future, can be set up with us starting at age 55.
Charitable annuities are an irrevocable future gift to the School Sisters of Notre Dame. You receive an income tax deduction for a portion of the amount of the annuity in the year you make the gift, as well as a portion of each annuity income payment being tax-free. When the annuity ends, the remaining principal goes to SSND.
Annuity Advantages Include:
- Simplicity – A charitable gift annuity is an easy gift to make. We will help you with the details, the paperwork is minimal and the income payments are deposited directly to your bank account.
- Security – A charitable gift annuity is governed by state and federal laws and backed by solid SSND assets.
- Tax Benefits – A charitable gift annuity can be part of “smart” estate planning by reducing estate taxes and easing capital gains when funded with appreciated securities. There are also immediate tax deduction benefits.
There are spiritual benefits in partnering with the School Sisters of Notre Dame because your gift annuity helps to continue our mission to transform the world through education, as well as care for our retired sisters who have given a lifetime of service.
If you are interested in learning more or setting up a charitable gift annuity, please contact our Mission Advancement Office at 262-787-1036 or email ssndma@ssnd-milw.org.
Click HERE to download the SSND Gift Annuity Application/Direct Deposit Authorization Form.
Bless you for considering this option of support to the School Sisters of Notre Dame.