1. Scholarship Opportunities St. Mary’s High School Providing the best in Christian-based Catholic Education Helping students reach and exceed their goals and expectations Students preparing for greatness to be significant contributors to their communities

2. How can I set up an endowment? A scholarship for student financial aid or support of another endowment area can be established with a minimum contribution of $5000. A scholarship can be named in honor of a family member, or loved one, a beloved teacher or other individual or group. What is an endowment? An endowment is an account established with a minimum contribution of $5000. This account will generate interest income in perpetuity to provide financial support for the area of the donor's choosing. Endowments can be established in a number of areas, including scholarships, professorships, book funds, coaching funds, technology enhancements, and theatrical arts. The principal of the endowment is maintained, thus ensuring that a donor's generosity will continue throughout the life of the school.

3. Scholarship Levels Endowment ContributionYearly Benefit to Student $ 5000$ 250/year $ 10,000 $ 500/year $ 15,000 $ 750/year $ 20,000$ 1000/year $ 25,000 $ 1500/year $ 50,000 $ 2000/year $ 100,000 $ 4,000/year

4. The preceding contribution amounts assume that the scholarship initiator is providing a scholarship for one year of a student’s education. The recipient will receive the benefit amount each year they are enrolled at St. Mary’s provided they continue to meet the criteria set forth by the donor. If the donor would like to have the scholarship awarded every year and be retained by the student for all four years at St. Mary’s, the endowment will eventually need to fund 4 scholarships. This would require an endowment contribution that is 3.5 times the amount listed in the endowment schedule.

5. Non-Endowed Gift Scholarships Donors who are looking to make a scholarship contribution on a yearly basis as opposed to an endowment have several options: Make a one time contribution to be used by a student for the current year only. The donor would still be able to develop the criteria for the recipient. Make a yearly contribution to be used by a student that continues for the full four years. The donor would still be able to develop the criteria for the recipient. The donor may choose to add to their yearly commitment level to fund 4 annual scholarships.

6. Non-Endowed Gift Scholarships Make a one time contribution that will be added to the scholarship pool which will be distributed to students on a need basis. Criteria for the scholarship pool has been developed and is revisited on an annual basis as new donors are added to the list. The St. Mary’s Scholarship Pool is administered by the Nosek-McNamara Group at Merrill Lynch.

7. Planned Giving Securities Gifts of stocks, bonds, or other securities can be a strategically advantageous way to contribute to the programs at St. Mary’s High School. The donor contributes a securities’ certificate to St. Mary’s High School. The donor receives a tax deduction equal to the value of the security at time of donation. The donor does not have to pay capital gains tax on the appreciated value of the stock. St. Mary’s High School receives the full value of the appreciated security.

8. Planned Giving Security Example Donor contributes stock with current value of $5000 to St. Mary’s High School. Purchase Price$1000 Capital Gains Tax $800 (20% of $4000) Value to Donor$4200 Donation to St. Mary’s $5000 (value of stock) Tax deduction to donor$5000 Tax savings to donor$1500 (assuming 30% Tax) Net cost to donor$2700 In effect, St. Mary’s receives $5000 and the donor has given up the use of $2700.

9. Planned Giving Bequests You can include St. Mary’s High School in your will as a beneficiary of assets. Retained Life Estates You can donate real property (land, home etc.) to St. Mary’s. The donor retains the right to use the property for as long as they desire. The transfer of ownership occurs at such time as designated by the donor.

10. Planned Giving Life Insurance Trusts You can make St. Mary’s High School the beneficiary of a life insurance policy that you own. This will act as a future benefit to St. Mary’s and ensure the legacy of a St. Mary’s education. For information on Planned Giving, please call the Development Office at St. Mary’s High School so we can set up an appointment to discuss your situation. ( 716-683-4824 Extension 29)