Ways to Donate
Support the Judson Education Foundation today!
Please make checks payable to Judson Education Foundation.
Senior Legacy Campaign
Parents and Grandparents of graduating seniors from Judson High School, Wagner High School, Veterans Memorial High School, Judson Early College Academy and Judson Learning Academy. Now you can honor your graduating son or daughter by making a contribution to the Judson Education Foundation.
By making a donation of $20.17 your son or daughter will receive a wristband embossed with the words “Pay It 4ward” so they can show that a donation today can make a difference tomorrow for the next generation of Judson ISD graduates.
In the special message area, please write "Senior Legacy Campaign" and your child's name.
To make a charitable bequest, you need a current will or revocable living trust.
Your gift can be made as a percentage of your estate. Or you can make a specific bequest by giving a certain amount of cash, securities or property. After your lifetime, the Judson Education Foundation receives your gift.
Just a few sentences in your will or trust are all that is needed. Share the sample bequest language for the Judson Education Foundation with your estate planning attorney:
I give, devise, and bequeath to the Judson Education Foundation, a 501 (c) 3 non-profit organization, located at 8012 Shin Oak Drive, Live Oak, Texas, 78233 the sum of $____ (or, ____ percent of my estate, or, ____ percent of the residue of my estate) to be used for such purposes as the Board of Directors determines at the time this bequest becomes effective.
You can structure the bequest to leave a specific item or amount of money, make the gift contingent on certain events, or leave a percentage of your estate to us.
If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift's full value.
Charitable IRA Rollover
Under the extended charitable IRA legislation, if you are age 70½ or older, you can make charitable gifts now using funds from your individual retirement accounts (IRAs) without undesirable tax effects.
Previously you would have had to report any amount taken from your IRA as taxable income. You could then take a charitable deduction for the gift, but only up to 50 percent of your adjusted gross income. In effect, this caused some donors to pay more in income taxes than they would have if they hadn’t made a gift at all.
Fortunately, now these IRA gifts can be accomplished simply and without tax complications. Plus, you can make the gifts now—while you are living and able to witness the benefits of your generosity. This unique opportunity expires at the end of 2011.
You may contribute funds this way if:
- You are age 70½ or older at the time of the gift.
- The gifts total any amount up to $100,000 in 2011.
- You transfer funds directly from an IRA.
- You transfer the gifts outright to one or more qualified charities, but not to supporting organizations as defined under IRC 509(a)(3), or for charitable gift annuities, charitable trusts or donor advised funds.
Memorial and Honorary Gift
If you have a family member or friend whose life has been touched by Judson ISD, we hope you'll consider making a gift to us in honor of that person.
Providing a gift establishes a living tribute that allows you to:
- Honor a loved one or yourself
- Support our continuing efforts
- Receive personal financial benefits from your contribution.
You may feel reluctant to condition your gift upon personal recognition. Yet allowing us to use your name or the name of a loved one can inspire philanthropy in others and further a cause that's important to you.
Any charitable gift you arrange can be made in honor of someone. Consider these two basic methods of establishing an honorary gift.
A gift today—An outright gift can help fund our immediate needs or an upcoming project. The financial benefits include an income tax deduction and possible elimination of capital gains tax.
A gift through your will—You can include a bequest in your will, stating that a specific asset, certain dollar amount or—more commonly—a percentage of your estate will pass to us at your death in honor of your loved one.
No matter which basic method you choose, you have the ability to endow your gift so that it lasts forever. Endowments are structured so that a small portion of your gift, rather than the whole amount, is used each year to fund a particular purpose. To perpetuate the fund forever, the majority of the fund always remains intact and is invested for the future.
Charitable Lead Trust
You give assets to a trust that pays the Judson Education Foundation an income for a number of years, which you choose. The longer the length of time, the better the gift tax savings for you. When the term is up, the remaining trust assets go to your family or other beneficiaries you select.
This is an excellent way to transfer property to family members down the line (typically children and grandchildren) at a minimal tax cost. This type of charitable lead trust (also called a non-grantor, or family lead, trust) is especially appealing to University of the Incarnate Word supporters who are financially comfortable enough that they can forgo investment income on some assets.
Donor Advised Fund
Once you have created a donor advised fund, you can:
- At any time, make contributions to your fund, which are invested by the sponsoring charitable organization, which then provides a regular accounting to you.
- Recommend that various amounts be distributed to qualified charitable organizations of your choice.
- Receive an income tax charitable deduction for gifts to your donor advised fund. You receive no further tax advantage, however, when grants are made from the fund to other charitable organizations.
Most donor advised funds allow you to start a fund for $5,000 - $10,000, although additional contributions may be less.
Naming the individuals and charities that will receive your assets once you are gone can be a simple process. Most assets can pass to your intended beneficiaries by the terms of your will. Other assets, such as retirement plans, life insurance and insurance annuities, however, are not controlled by the terms of your will. These assets instead require separate beneficiary forms.
The beneficiaries of these assets can be easily modified at any time to meet your changing needs:
- IRAs and retirement plans
- Life insurance policies
- Insurance annuities
When you make an endowed gift, only a small portion of your gift will be spent, allowing the remaining amount to continue growing. That portion of your gift will supplement our programs forever.
You can give cash, securities or other assets to an endowment you create. Or, you can contribute to our organization's already established endowment.
Deed Your Personal Residence or Farm
With a retained life estate, you deed a personal residence or farm to the Judson Education Foundation now. You retain the right to occupy the home for life and continue to pay real estate taxes, maintenance fees and insurance on the property. In addition, you can later decide to rent your home or make improvements to it. After your lifetime—and the lifetime of your spouse or another person you choose to retain rights to live in the home—we take possession of the property.
Please let us know if you are making a sizeable donation by calling 210-945-5414 so we can make arrangements for possible media coverage.
Your donation remains in the community and is used to directly benefit the efforts of the Judson Education Foundation.
Thank you for your generosity.
Executive Director of the Judson Education Foundation