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Your Legacy at Loughlin
We are very grateful to the many alumni and friends who have established scholarship funds at Loughlin. Thefundslistedallowtheschooltooffersignificantscholarship and aid to hard working and deserving young men and women. These funds also enable LoughlintofulfillourLasallianMission.
At Loughlin,weofferbothENDOWED SCHOLARSHIP FUNDS and ANNUAL SCHOLARSHIP FUNDS. Endowed Scholarship Funds must meet a minimum threshold before annual distribution whereas our Annual Scholarship Funds are annual gifts that support one or more students for the current academic year.
In addition, THE LOUGHLIN FOUNDATION holds a number of funds and makes annual grants at their discretion.
We encourage you to consider starting your own scholarship fund. Honor a parent, a Christian Brother, or other infl uence in your life.
Named Annual Scholarship Funds start at $2,500 (we ask for a two-year pledge or more) and Endowed Scholarship Funds start at $50,000.
If you are interested in learning more about establishing a scholarship fund, please contact Andrew Leary at aleary@blmhs.org or 718-857-2700 x2251.
If you do not see your name and you have established a Fund, please contact Andrew Leary.
OUR SCHOLARSHIP FUNDS
ENDOWED SCHOLARSHIP FUNDS
The Brother Raphael Scholarship Fund —DanielTubridy‘66 The Ed Bowes ‘60 Scholarship Fund The Russell Broome ‘63 Scholarship Fund The William P. and Kathleen Bruen “Irish Immigrants”ScholarshipFund—CharlesBruen’54 The Raymond Brustman Scholarship Fund The Connell C. Cannon ’65 Scholarship Fund The Joseph A. Caruso ’58 Scholarship Fund The Avon Inc. and Brian C. Connolly ’73 Scholarship Fund The Madeline Dolores Sloan Scholarship Fund —PamelaM.Sloan‘73McD The Helen Driscoll Boyle ’49 McD Scholarship Fund —BrianBoyle The Bernard J. Gloisten ’45 Scholarship Fund TheJamesP.Harrington‘47ScholarshipFund (estate plan) TheJames.P.Henwood‘46ScholarshipFund—Geraldine F. Henwood The John D. and Lynn A. Higgins ’51 Scholarship Fund The John E. Klemm ‘65 Scholarship Fund The Florence G. Maclean Scholarship Fund —GeorgeMaclean‘61 The Bishop McDonnell Alumnae Scholarship Fund TheJaneCozzi-Murray’65andMichaelMurray’63 Scholarship Fund James A. O’Brien Scholarship Fund TheBrotherLawrenceQuirk,FSCScholarshipFund—StevenDeVincent‘63 TheSewardFamilyScholarshipFund—J.KennethSeward ‘49
ANNUAL SCHOLARSHIP FUNDS
The Marguerite Bahrs ’57 Bishop McDonnell ScholarshipFund—ClaireBahrs-Ersham‘50McD The Bishop McDonnell Alumnae Scholarship Fund TheBishopMcDonnellClassof1958 Scholarship Fund The Antonio Benjamin ‘88 Scholarship Fund The Brother James Bonilla ’55 Scholarship Fund TheBro.“Baldwin”PeterBonventre,FSC‘45St.Augustine ScholarshipFund—GregoryBertles‘61 The George T. Brady ’64 Scholarship Fund The Russell Broome ‘63 Scholarship Fund The Raymond Brustman Scholarship Fund The Class of 1965 Scholarship Fund The Mary Collins-Macchiarola ‘58 Scholarship Fund The Brother Dennis Cronin, FSC Scholarship Fund —RichFrazita‘56 The Madeline Dolores Sloan Scholarship Fund —PamelaM.Sloan‘73McD The James ’53 SA and Maryann Dowdall Scholarship Fund The Frank Flood ‘57 Scholarship Fund The Mario ‘47 and Maryse Gabos Scholarship Fund The Francesco and Mary Giambelli Foundation Scholarship Fund The Michael Gordon Scholarship Fund The Gray Family Scholarship Fund —VernandJoanGrayLindberg‘64BMD The William J. Horn, Jr. ‘60 SA Scholarship Fund The Mary Kelly Ryan ’51 Bishop McDonnell ScholarshipFund—WilliamRyan The Frank J. Macchiarola, Ph.D. ’58 Memorial ScholarshipFund—MaryMacchiarola’58McD The Arthur Mahon ‘52 Scholarship Fund The James Malone ’31 Scholarship Fund The Anthony J. McCann and Theresa McCann Scholarship Fund —KevinMcCann‘70 The Patricia McCarthy Burke ‘67 Scholarship Fund —KathyMcCarthy‘73McD TheJohnP.“Jack”McGuire/JamesJ.Reilly’57MemorialScholarshipFund—James‘57andRitaReilly The Nancy McKeever Scholarship Fund —NancyandKarenMcKeever The Hubert Miles ‘49 Scholarship Fund TheMaureen Moss-McInerney’66andMichaelMcInerney Scholarship Fund The Joan Carrick Murray ’61 and Nick Murray ‘61 Scholarship Fund TheJaneCozzi-Murray’65andMichaelMurray’63 Scholarship Fund The Catherine Musi-Biasetti ‘57 Scholarship Fund —TerriCannonO’Connor’57McD The George Orenga Memorial Scholarship Fund —JamesOrenga‘58 The Tyronne Pannell ’60 Scholarship Fund —EdBowes‘60andJamesSmithwick‘63 The Dominica and Guiseppe Pianpiano Scholarship Fund—JosephPianpiano’54 ThePerez‘70—GoyaScholarshipFund —JosephPerez‘70 The Raymond J. ‘59 and Mary Reisert Scholarship Fund The Bernard Rice ‘51 Scholarship Fund —WaltraudIreland The Loughlin Family Relief Scholarship Fund The Anthony and Linda Scotto Scholarship Fund —AnthonyScotto‘65SA The St. Augustine Class of 1962 Scholarship Fund —EdSmith‘62TheSt.JohnBaptistDeLaSalleScholarshipFund —DistrictofEasternNorthAmerica The Stride Family Scholarship Fund —RonaldP.Stride‘58 The Eugene J. ’38 and Gloria Sullivan Scholarship Fund The Joseph Sullivan ‘49 and Melvin Sharp Scholarship Fund TheThomas‘70andRobertaVanBuskirkScholarship Fund TheDr.RobertF.’51andJoanM.VizzaScholarship Fund The Wasily Foundation Scholarship Fund
THE LOUGHLIN FOUNDATION
The Kathleen and Michael Castellano ‘63 FamilyScholarshipFund The John and Paul Chinchar ‘71 Memorial Scholarship Fund The Class of 1962 Scholarship Fund The Brother Jerome Corrigan Scholarship Fund The Richard ’56 and Eileen ’58 Frazita Scholarship Fund The Peter Hadhazy Scholarship Fund The James I. Konkel ‘54 St. Augustine ScholarshipFund The Loughlin Foundation Scholarship Fund The Migliore Family Endowed Scholarship forFutureEngineers —LisetteandPaulG.Migliore‘63 TheArthur‘52 andMyraMahonScholarshipFund The MARS Scholarship Fund —MarleneandRonaldSchroeder’65 TheJames’36&George’31McCartney ScholarshipFund—Noreen’63andPeter’62HaffnerandGeorgeMcCartney The Joan Carrick-Murray ‘61 and Nick Murray ‘61 Scholarship Fund The Stephen Nuccio ‘69 Scholarship Fund The George Orenga Memorial Scholarship Fund —JamesOrenga’58 TheDr.RobertF.’51andJoanM.VizzaScholarship Fund
MAKE A GIFT TAX-FREE WITH AN IRA
A TAX-SAVING WAY TO HELP BISHOP LOUGHLIN
You can give any amount (up to a maximum of $100,000) per year from your IRA directly to a qualifiedcharitysuchasBishopLoughlinMemorialHighSchoolwithouthavingtopayincometaxesonthemoney.Giftsofanyvalue$100,000orlessareeligibleforthisbenefitandyoucanfeelgoodknowingthatyouaremakingadifferenceatBLMHS.ThispopulargiftoptioniscommonlycalledtheIRAcharitablerollover,butyoumayalsoseeitreferredtoasaqualifiedcharitable distribution, or QCD for short.
WHY CONSIDER THIS GIFT?
Yourgiftwillbeputtousetoday,allowingyoutoseethedifferenceyourdonationismaking.
Beginning in the year you turn 72, you can use your gift to satisfy all or part of your required minimum distribution (RMD).
You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction,soyoubenefitevenifyoudonotitemizeyourdeductions.
Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
FOR THOSE 59 1/2 YEARS OLD AND OLDER
If you’re at least 59½ years old, you can take a distribution and then make a gift from your IRA without penalty. If you itemize your deductions, you can take a charitable deduction for the amount of your gift.
AT ANY AGE
No matter your age, you can designate Bishop Loughlin Memorial High School as the beneficiaryofallorapercentageofyourIRAanditwillpasstoustax-freeafteryourlifetime.It’ssimple,justrequiringthatyoucontactyourIRAadministratorforachange-of-beneficiaryform or download a form from your provider’s website.
TIP: It’s critical to let us know of your gift because many popular retirement plan administrators assume no obligation to notify a charity of your designation. The administrator also will not monitor whether your gift designations are followed. We would love to talk to you about your intentions to ensure that they are followed. We would also like to thank you for your generosity.
NEXT STEPS
1. Use our online tool Take Action! Give From Your IRA to connect to your retirement provider. 2. Contact Andrew Leary at 718-857-2700 x2251 or aleary@blmhs.org to discuss using your IRA to support BLMHS and our mission.
3. Seektheadviceofyourfinancialorlegaladvisor. 4. To include BLMHS in your plans, please use our legal name and federal tax ID. Please let us know of your gift (many retirementprovidersassumenoresponsibilityforlettingnonprofitsknowofyourintentionssoyourgoalswon’tbe honored).
Legal name
Bishop Loughlin Memorial High School Legal address 357 Clermont Ave., Brooklyn, NY 11238 Federal tax ID number 11-2294328
SAVE A SLICE FOR BISHOP LOUGHLIN BISHOP LOUGHLIN
PLANNED GIVING
Picture your estate as a pie. When you decide whom you want to share it with, you can cut big slices, little slices or somewhere in between.
We talk to many supporters of Bishop Loughlin Memorial High School who worry that leaving a gift in their will to BLMHS may jeopardize their family’s well-being. The pie analogy comes in handy. You dictate the serving sizes. You can ensure that your loved ones get the biggest portion of your estate. You can also make sure yourfamilygetsservedfirst.
HERE IS HOW
Insteadofafixedamount,considerleavingBishop Loughlin Memorial High School a percentageofyourestateorofspecificassets.That way, your charitable gift will adjust according to future circumstances, and gifts tolovedoneswillremainproportional—nomatterhowyourestatefluctuates.Herearetwo ways to do it: 1. Gift a percentage of your estate to Bishop Loughlin Memorial High School in your will. 2. Leave Bishop Loughlin Memorial High School a percentage of your residual estate (the portion of your estate that remains after all gifts and bequests have been made and allclaimsoftheestatearesatisfied).
The great thing about gifts from your will is thattheyareflexible:Youcanchangeyourmind at any time. Just know that whatever you settle on, a gift to Bishop Loughlin Memorial HighSchooldoesnothavetobelarge—everyslicemakesadifference.
Even a small piece of your estate makes an impact. Contact Andrew Leary at 718-857-2700 x2251 or aleary@blmhs.org to learn more about supporting BLMHS while serving family fi rst.
