A donor-advised fund is a giving account established at a public charity, such as Greater Milwaukee Foundation, Catholic Community Foundation or Waukesha County Community Foundation. It allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants from the fund over time. Donors can contribute to the fund when they like, and then recommend grants to Marquette University High School.

Gifts of real estate may include developed property, undeveloped property or gifts subject to a prior life interest. Real estate may be given outright or through a bequest, or may be used to fund a charitable trust or other life income plans. For more information please contact John Thimmesch '77 at 414-399-7220 ext. 3044.

The contribution of a life insurance policy can provide a significant gift in a manner that can be especially attractive to younger donors. Marquette University High School offers recognition for the amount of the annual premium. By designating MUHS as both the owner and beneficiary of a life insurance policy, the premiums are tax-deductible to the donor. If a fully paid life insurance policy is gifted, the cash surrender value of the paid policy at the time of the gift is deductible to the donor. For more information please contact John Thimmesch '77 at 414-399-7220 ext. 3044.

In addition to financial contributions, the school welcomes donations of goods and services that support the operation of the school. These may include tangible gifts of office equipment and furniture, or needed services such as landscaping and architectural design, painting and repairs, or printing services to name a few.

Please understand that the school may not be able to accept all items. Donations may be declined if the items cannot be used, stored, or readily sold. For more information please contact John Thimmesch '77 at 414-399-7220 ext. 3044.

An easily established trust can provide a current charitable deduction in addition to income to you during your lifetime. This meaningful gift can be especially appealing by increasing the income you receive from low-yielding stocks. The income can be distributed to you, your spouse or other designee, after which the assets would be distributed to Marquette University High School. For more information please contact John Thimmesch '77 at 414-399-7220 ext. 3044.

Until the time that the Charitable Rollover provision passes Congress and becomes law, the unused portion of an IRA can be passed to MUHS tax-free. Passing the remainder to a family member would result in a considerable tax loss. For more information please contact John Thimmesch '77 at 414-399-7220 ext. 3044.

Will Bequest

A bequest is a gift made through a donor’s will and is the simplest and most common planned gift. The advantages of making a gift through a bequest are that the donor does not have to part with any property until after death and gift and estate taxes are avoided. Distributions can be made either as a specific dollar amount or as a percentage of the estate. Bequests can be in the form of a:

Specific Bequest
Marquette University High School receives a designated amount or asset from the estate. This designated amount can be either a fixed dollar amount or a stated percentage of your estate. You may have a particular asset that is more appropriate as a charitable gift than as a gift to specific individuals. Often real property falls into this category. Generally bequests are found at the beginning of your will document and are distributed before the remainder of the estate.

Residual Bequest
After each specific bequest has been provided for, Marquette University High School receives all or a fractional portion of the estate residue. The most common form of residual bequest expresses the gift as a percentage of the residue. By stating the gift as a percentage, you allow for the increase and decrease in the value of your residuary assets. Thus, the designated gift portion remains constant, but the actual value fluctuates (hopefully increasing) with the value of the residue.

Contingent Bequest
Marquette University High School receives all or a designated portion of the estate only in the event of the death of another beneficiary.

Trust Remainder Bequest
A trust can be created through a will or with an agreement that provides for a lifetime income to a loved one. Marquette University High School receives all or part of the remaining trust principal after the death of the income beneficiary.

For more information on how to make a will bequest for the benefit of Marquette University High School, please contact John Thimmesch '77 at 414-399-7220 ext. 3044.

There are numerous estate and planned giving options by which donors may leave a legacy of support that will have a positive impact on generations of students to come. Learn more. For more information please contact John Thimmesch '77 at 414-399-7220 ext. 3044.