Contact Us:
214 State Street, Corning, NY 14830                                        
Phone: 607-936-9234       Email: TJ.Verzillo@dor.org

School Hours:

Monday - Friday
8:10AM - 2:10PM
After School Activities:
2:10PM - 5:30PM

Giving To ASA

Cash Gifts

Outright cash gifts are the most common form of giving to All Saints Academy. Your gift becomes immediately available to support important programs and services. The donor will be credited with the full amount of his or her gift - which may be tax deductible. Donations can be designated if desired or can be undesignated.

Bequests (see examples below)

Your will is a meaningful way to make a charitable gift of lasting value to All Saints Academy. Through a bequest provision, you can designate a specific amount of money, a percentage of your estate, or the remainder of your estate after other bequests are satisfied. Adding a codicil to an existing will is a simple process that begins by making your intentions known to your attorney.

Memorial and Tribute Giving

Gifts in memory of deceased friends and loved ones – or gifts that honor living individuals – are gratefully accepted. Such contributions are often used to reflect the special interests of the person honored. Any gift may be designated in memory of, or in honor of, a loved one.

Gifts of Appreciated Securities

If you own long-term securities that have appreciated in value, you may prefer to contribute securities rather than cash. In this way, there may be both capital gains and tax deduction benefits. Please contact the Office of Stewardship and Development (Diocese of Rochester) for the proper form and specific stock transfer instructions.

Charitable Gift Annuities

A charitable gift annuity is a simple life income agreement between a donor and the school. In exchange for your gift, you receive fixed payments for your lifetime and/or the lifetime of another person. You may be entitled to a partial tax deduction in the year of the gift, and a portion of each payment may be tax-free for a period of years as well. The size of the payments is based on the amount of the gift and the annuitant’s age. Gift annuity plans start at $10,000, and are restricted to donors 65 years or older.

Charitable Remainder Trusts

Charitable trusts can result in significant support for the work of All Saints Academy, while also securing your financial future and reducing taxes for you and your heirs. Through a charitable remainder trust, you can provide income for yourself or a loved one and benefit All Saints Academy. You specify the amount of payments to be distributed (at least 5% per year), to which payments are to be paid, the duration of payments (a period of years or the beneficiary’s lifetime) and the Catholic School that will receive the remainder. The trust may be set up for the lives of the beneficiaries or for a term of up to 20 years.

Gifts of Life Insurance

Life insurance may be an especially attractive gift vehicle if you own a policy that is no longer needed for its original purpose. In addition, those who qualify for low-cost premiums may find it more affordable and convenient to plan a significant gift using life insurance. By naming All Saints Academy as the owner and beneficiary of a life insurance policy, the donor may be entitled to an immediate tax deduction for the accumulated cash value of the policy (if any) and a future deduction for any subsequent premiums he or she pays.

Remembering Catholic Schools in your will

Individuals, in exercising the privilege to determine the final distribution of their estates, may designate that a portion of their assets be used to benefit the work of All Saints Academy. Bequests can take a wide variety of forms. The following samples are included for consideration in preparing your will.

General bequest:

A general bequest is one of the most popular ways to make a charitable gift by will. With this bequest you simply leave a specific dollar amount. This is the most common type of bequest.
Example: I give $50,000 to ___________________ All Saints Academy, Rochester N.Y., to be used for its exempt purposes.
Residuary bequest: A residuary bequest is used to give an organization all (or a portion) of an estate after debts, taxes, expenses and other bequests have been paid.
Example: I give the rest of the property I own at my death to________ All Saints Academy, Rochester N.Y., to be used for its exempt purposes.

Percentage bequest:

A bequest can be expressed as a percentage of the estate or of the residuary estate. This is the most flexible way to give. The size of the gift automatically changes with the size of the estate.
Example: I give 10% of my estate to______________ All Saints Academy, Rochester N.Y., to be used for its exempt purposes.
Restricted bequest: You may wish to restrict your bequest for a specific purpose. A restricted bequest should be made in the broadest terms possible consistent with your interests. This guards against the possibility of your gift becoming obsolete, especially as new and pressing needs emerge. Example: I give $25,000 to__________________ All Saints Academy, Rochester N.Y., for the purpose of supporting its fine arts program.

 

For further information, please contact:
All Saints Academy
158 State St.
Corning, NY

(607) 936-9234  or email asadcs@dor.org 

Or:
Stewardship & Development Office
Roman Catholic Diocese of Rochester
1150 Buffalo Road
Rochester, NY 14624-1890
(585) 328-3228/ (800) 388-7177, ext 1297