A significant goal for St. Michael’s Catholic Academy is the concept of “asset-based giving” or giving from accumulated wealth. The most common and simplest method of funding a gift is to give from your income stream. While cash gifts are beneficial and greatly appreciated, they can be limiting. There are other methods of giving that allow donors to contribute greater dollars at lower costs. Structured and well-planned giving from total wealth can dramatically raise the ability to make a gift.
As with all legal and financial matters, St. Michael’s recommends that donors consult with their personal legal, tax, and financial advisors before funding a gift.