A planned gift gives you the opportunity to leave your legacy in the halls of BNI and in the hearts and minds of our students for generations to come. You can direct your gift to areas you feel strongly about such as financial assistance, building improvements, and teachers' continuing education, or you can give a gift that allows Bishop Noll to use it where it is needed most.
Regardless of your income level, there are several ways to make a significant gift to Bishop Noll:
Including Bishop Noll Institute as a beneficiary of your estate is a simple process. We have created the following language so that it can be included in your will.
“I give and bequeath _____ percent of my residuary estate, after all payments of all debts, claims, expenses and taxes, to Bishop Noll Institute 1519 Hoffman St. Hammond, IN 46321, a non-profit organization and high school, organized and existing under the laws of the State of Indiana, as an unrestricted gift for its general purposes.”
“I bequeath the sum of $______ to Bishop Noll Institute, 1519 Hoffman St. Hammond, IN 46321, a not-profit organization and high school, organized and existing under the laws of the State of Indiana, as an unrestricted gift for its general purposes.”
Your attorney or financial adviser can provide you with more information.
Other types of Planned Giving Gifts:
• Bequests/Wills – This is the simplest of all planned gifts. It allows you to make a substantial contribution to further Bishop Noll's mission without drawing on your present resources. Bequests meet the needs of many donors because they provide the school with a specific amount, or percentage of the estate that remains after payments are made to all other heirs.
• Gift of Real Estate or Residence – Provides an immediate income tax deduction and estate tax savings.
• Beneficiary Designations – You may name Bishop Noll Institute a beneficiary of a Life Insurance Policy, Retirement Fund, IRA, 401(k), Savings Account, or CD.
• Trusts and Annuities - Can be an advantage both to you and to Bishop Noll. You make a generous gift to benefit BNI now, while ensuring you receive a set income for the rest of your life.
Bishop Noll will work alongside you and your financial planners as you navigate the path of joining the 1921 Society and leaving a lasting impact at BNI!