Due to the recent announcement by the IHSA, the 2020 Josephinum Girls Volleyball season is being rescheduled for Spring 2021. The Volleyball tryouts originally scheduled for August 6th and 7th have been canceled.
Life insurance policies can name Josephinum Academy as the beneficiary in full or in part. A gift of whole life insurance can be made to the school by naming the school as the irrevocable owner and beneficiary of the policy. Gifts of life insurance policies require charitable contributions from the donor to Josephinum Academy in the amount of any premiums, including unscheduled premiums, which may become due.
Individual Retirement Accounts (IRAs) or company plans, such as life insurance proceeds, may be left to Josephinum Academy by naming us as a beneficiary. Taxpayers age 70 ½ or older may transfer up to $100,000 annually from their IRA accounts directly to Josephinum Academy without first having to recognize the distribution as income. For questions regarding tax laws, please contact your financial advisor. If you do not have one or need further assistance, please contact Josephinum's Development Office at (773) 292-3964 x233 or firstname.lastname@example.org.
Donating stock to Josephinum is easy to do, and may result in tax savings for you. Gifts of appreciated securities held for over a year are generally deductible at market value and may be exempt from capital gains tax. If your securities are held in a brokerage account, your broker can electronically transfer the shares to Josephinum's account at Merrill Lynch. Please complete this Stock Donation Form and provide to your broker as noted.
So that we can properly credit your gift, please inform Josephinum's Development Office that you are making a stock gift by calling (773) 292-3964 x233 or by email at email@example.com. Please be prepared to provide the name of the stock, the number of shares, and the transferring broker. Let us know if your gift is to be used for a particular area of interest, such as scholarships or capital improvements. You will receive a written gift receipt from Josephinum. The gift date is the date that our account received the transferred shares, and the gift value is based on the average price of the stock on the gift date.
When you fund a scholarship you provide a life-changing opportunity that makes our outstanding college-preparatory education a reality for promising students. Individual donors and foundations support the Scholarship Program at Josephinum.
There are many opportunities to share in the success of our students through Josephinum's Scholarship Program. You can make a contribution to our general scholarship fund, sponsor a scholarship for one year, or make a pledge to fund an ongoing scholarship. Consider starting a scholarship to honor the memory or to acknowledge a special individual or group. Josephinum also welcomes anonymous donations to the Scholarship Program.