Assets To Gift

Click here for Planned Giving Opportunities

Cash
Cash is acceptable in any form. Checks shall be made payable to Pope John Paul II High School and shall be delivered to the School's administrative offices. Gifts of cash can be deducted against a larger portion of your taxable income than can gifts of appreciated assets (50% vs. 30% for example). Cash is the simplest donation and provides us immediate benefits.

Tangible Personal Property
All other gifts of tangible personal property shall be examined in light of the following criteria:

Does the property fulfill the mission of the School?
Is the property marketable?
Are there any undue restrictions on the use, display, or sale of the property?
Are there any carrying costs for the property?

Publicly Traded Securities
Marketable securities may be transferred to an account maintained by Pope John Paul II High School with a brokerage firm or delivered physically with the transferor's signature or duly executed stock power attached. In some cases marketable securities may be restricted by applicable securities laws; in such instance the final determination on the acceptance of the restricted securities shall be made by the Gift Acceptance Committee of the Pope John Paul II High School. Marketable securities are assigned a value which is the mean of the high and low prices of the day on which title passes to the School.

Closely Held Securities
Closely held securities, which include not only debt and equity positions in non-publicly traded companies but also interests in LLPs and LLCs or other ownership forms, can be accepted subject to the approval of the Gift Acceptance Committee of the School. However, gifts must be reviewed prior to acceptance to determine that:

there are no restrictions on the security that would prevent Pope John Paul II High School from readily converting those assets to cash,
the security is marketable,
the security will not generate any undesirable tax consequences for the School, and
the School does not assume any inappropriate liabilities or loss exposures upon the transfer.

Real Estate
Gifts of real estate may include developed property, undeveloped property, or gifts subject to a prior life interest.

Contact the Advancement Director now by phone or request a phone call via the web.