Planned Giving

 

Planned Giving - The Catherine McAuley Society

If you have made provisions for Mercy Career & Technical High School in your will or through other estate planning vehicles, please let us know so we can welcome you as a member of The Catherine McAuley Society.

 

Named for the foundress of the Sisters of Mercy, The Catherine McAuley Society recognizes those who have remembered Mercy Career & Technical High School in their wills, as a beneficiary of their retirement plans or life insurance policies, or through other types of deferred gifts.

 

Please speak with your financial advisor about these gift possibilities and the possible tax advantages for your estate.

 

Members of The Catherine McAuley Society leave a legacy that helps ensure the future of Mercy Career & Technical High School for generations to come.

 

Please contact Nancy Green, Director of Advancement of Mercy Career & Technical High School, at 215-226-1225 or ngreen@mercycte.org if you have remembered the school in your will or if you would like to discuss this opportunity further.

Below is sample language you can use in your will:

• Specific Bequest: I give, devise and bequeath _______________ (insert dollar amount or item of property to be donated) to Mercy Career & Technical High School, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code located at 2900 W. Hunting Park Avenue, Philadelphia, PA 19129.

• Residuary Bequest: I give, devise and bequeath _______________ (insert % amount) of all the rest, residue and remainder of my estate to Mercy Career & Technical High School, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code located at 2900 W. Hunting Park Avenue, Philadelphia, PA 19129.

• Contingency Gift: Takes effect only if a primary intention can’t be met. If (name of beneficiary) does not survive me, or shall die during the administration of my estate, or as a result of a common disaster, then I give to Mercy Career & Technical High School, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code located at 2900 W. Hunting Park Avenue, Philadelphia, PA 19129 all of the rest, residue, and remainder of my estate, to be used for its benefit.

• Restricted Gift (Specific or Residuary) Bequest: I give, devise and bequeath _______________ (insert dollar amount, item of property or % of residue) to Mercy Career & Technical High School, a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code located at 2900 W. Hunting Park Avenue, Philadelphia, PA 19129 to be used exclusively [insert restricted use language here - such as, for endowment, for financial aid/scholarships, for career and technical programs, for athletics, etc.].
  • Safety Language: Language added whenever a gift is restricted. In the event the purposes of the restriction, in the opinion of the Board of Trustees of Mercy Career & Technical High School can no longer be served, the Trustees may devote any remaining assets exclusively for charitable purposes that: (a) are within the scope of the charitable purposes of the school (b) most nearly approximate the original purpose of the gift; and (c) benefits charity.