Advancing the Mission of Padua Franciscan High School
Gifts of Cash are gratefully accepted at any time.
Gifts of Securities for stocks that have increased in value (appreciated), the key to receiving tax savings is to donate shares of stock directly to Padua Franciscan. You receive a double tax benefit by avoiding capital gains tax on the profit and receiving a tax deduction for the fair market value of your gift.
For stocks that have lost value (depreciated) the key is to sell them first and then give the cash proceeds to Padua. You benefit in two ways – you can take both the loss deduction and the charitable deduction.
Gifts of Life Insurance can provide a way to make a sizeable gift at a relatively low cost. Please consult your attorney or tax advisor.
Bequests and Life Payment Plans are excellent ways to participate in the campaign at levels you might not ordinarily consider. These include a bequest in your will as well as various trust instruments. Please consult with a financial advisor or contact Padua’s Advancement Office to begin this discussion.
The Kohuth Challenge
Two anonymous alumni have come forth to provide a $200,000 Challenge Grant to the PaduaPlus+ Campaign. The grant is in recognition of longtime faculty member Tom Kohuth, who retired in June of 2017, after 50 years of service teaching Bruins both in the classroom (as a math teacher) and on the field (as a football coach).
Mr. Kohuth humbly accepted this tribute and is pleased to play a role in the success of the Campaign. The two alumni who started the challenge ask other alumni, parents and friends of Padua to follow their lead, by making a gift to the PaduaPlus+ Campaign.