Planned Giving

Life insurance pays heavenly dividends.
Retirement assets are tax-deferred accounts intended to promote savings for retirement.

Please consider naming St. Austin Catholic School as your primary or contingent (secondary) beneficiary on your investment accounts, including 401(k), 403(b), IRA, Annuities, or Life Insurance policy. These assets require separate beneficiary forms. The beneficiaries can be easily modified. For workplace accounts, you may be able to make your designation online or through your HR department. For private accounts, contact your investment firm to request a beneficiary designation form.

Please use the following language:
“I designate St. Austin Catholic School to receive the sum of [$ ______ or ____ % of my account/policy].”

Because most retirement plans are tax-deferred and therefore subject to income tax to your beneficiaries, retirement assets make ideal gifts to St. Austin Catholic School. Naming St. Austin beneficiary of retirement assets upon death generates no income taxes. The benefit to St. Austin will be meaningful at your passing. Your legacy will be carried far into the future!

If you're required to take distributions from your IRA, you can donate up to $100,000 of those distributions from your IRA annually to St. Austin as a Qualified Charitable Distribution (QCD). The amount of the QCD can satisfy all, or part of your required minimum distribution; is excluded from taxable income; and allows you to support our parish. Your IRA administrator must send a check directly to the parish. Please be sure to notify us if this is a way you'd like to support our ministry so that we can acknowledge your generosity appropriately!

With a major gift of real estate to St. Austin Catholic School, you can continue to plant and nurture love here on earth and empower others into a lifestyle of stewardship through your example. 

You can donate real estate to St. Austin Catholic School, please let us know your intentions first. We need to work with you to make sure your goals can be realized within our gift acceptance policies.

Your gift may be an ideal way to continue your call to bring God’s transforming love to the world.

Please include St. Austin Catholic School in your will or living trust and your legacy will continue. No charitable gifts can be made from your estate without a stated designation through a will. Please use the following bequest language:

“I, [name], give, devise and bequeath to St. Austin Catholic School the sum of [$ ______ or ____ % of my estate].”

A gift annuity establishes a lifetime of fixed payments leaving a legacy to fund our mission.

Please ask your tax advisor how to set up a Charitable Gift Annuity or Charitable Remainder Trust with St. Austin Catholic School as the beneficiary.

A donor-advised fund is a charitable giving program that allows you to combine favorable tax benefits with the flexibility to support St. Austin. Donor-advised funds can be set up through a community foundation or your financial institution.

When making a gift, you’ll need this information:

Organization Name: St. Austin Catholic School

Address: 2026 Guadalupe Street, Austin, TX 78705

Tax ID: 38-3942586

The gift of a stock is a great way to contribute. Making such a gift is simple and offers a number of financial benefits:

• Produces a current tax deduction equal to fair-market value

• Corporation may redeem stock shares

• Could reduce liability for accumulated earnings tax

Step 1:  Complete Transfer

If the shares are held at a securities firm or other brokerage account, please contact St. Austin to receive the required account information and identification numbers.

Step 2:  Notify us of your gift

We’ll mail receipts for stock gifts, if we have the donor’s contact information and gift details, upon receipt. Direct questions to Bedina O'Neill at 512.220.2873.

Sample Notification Letter

The gift to establish or donate to an endowment may allow you to use this charitable gift for tax purposes. An endowment also allows you to distribute wealth before or upon your passing for tax purposes. There is no minimum investment or limit on the number of times you can give. Interest earned on an endowment fund is invested to generate annual income. This type of gift allows your donation to continue supporting our ministries.