Royal Legacy by Rosary Royals

ROYAL LEGACY Rosary Academy’s Guide to Planned Giving

TABLE OF CONTENTS

Leave your Legacy Why Give The Royal Legacy Society

Create your Legacy Estate Planning Retirement Planning

How you can give Find the Best Gift Bequests Beneficiary Designation Retained Life Estates Bargain Sale

What you can give Cash Stocks & Bonds Retirement Assets Life Insurance Real Estate Personal Property Tax

Join the Rosary Legacy Society

LEAVE YOUR LEGACY When we depart this life for the next, we will not be remembered by the clothes we wore, the kind of car we drove, or the house in where we lived. Instead, we will be remembered by the impact we made on others. Most of us strive to make a positive impact on our friends, family, and community, a lasting impression and legacy that makes a difference on generations to come. At Rosary Academy, we have witnessed the countless ways in which individuals have changed the lives of our students with their generosity upon their passing. Your gift will be everlasting and ensure the future of a Rosary and all-girls Catholic education.

WHY GIVE? SUPPORT ROSARY ACADEMY’S MISSION As a college preparatory diocesan Catholic high school, Rosary Academy empowers the mind, body, and spirit of each young woman in a transformative educational experience. Guided by the Blessed Mother, Rosary Academy embraces and challenges its students with an innovative instructional curriculum to achieve academic success and ignite the call to serve the dear neighbor without distinction. Rosary is embarking on an exciting time in the school’s history. After completing the first-ever strategic plan in 2020, Rosary’s history and traditions have only grown richer, while we look ahead and gain momentum. As we continue to plan for our future, and as you prepare for yours, please remember Rosary Academy. Together, we can make a meaningful and impactful difference in the next generation of faith-filled women leaders.

HOW YOUR GIFT MAKES A DIFFERENCE Planned gifts secure the future of Rosary. Your investment will be remembered for decades to come and ensure Rosary Academy not only survives but thrives as the premiere all-girls Catholic high school. A planned gift made to Rosary, like most other gifts, may be restricted or unrestricted. As the school fits the needs for today’s student, curriculum and programming is ever-changing, so donors often make their bequests unrestricted to allow Rosary to focus the funds on where the school and students need it most. The goal is any young woman wanting a Rosary education should have the opportunity to attend while supporting our innovative and transformative all-girl experience guided by Our Lady of the Rosary. By making a planned gift, you are being proactive and securing the future of Rosary Academy.

BENEFITS OF GIVING In addition to supporting the mission of Rosary, a planned gift can provide substantial tax advantages, especially on gifts of stocks and real estate. The total income, estate, and capital gains tax savings and the probate expense savings can come close to the amount transferred. Benefits include: an income tax deduction, reduced capital gains taxes, reduced probate costs and estate taxes, and income for life.

WHAT IS THE ROYAL LEGACY SOCIETY? Established in 2022, the Royal Legacy Society recognizes the generosity of friends and family of Rosary who have included Rosary Academy in their wills or other forms of planned giving that do not affect your existing financial resources, but will have a significant impact on Rosary Academy. This is an opportunity to give to an institution you deeply care about, while maintaining control and flexibility. Your gift, combined with the gifts of so many others, reaffirms your belief in Rosary now and for the future.

MEMBERSHIP As a member of the Royal Legacy Society, you will be recognized in our Annual Report, invited to our Mass celebrating the Assumption of the Blessed Virgin Mary, and other special events throughout the year. You will also receive exclusive communications from school leadership.

ELIGIBILITY OF MEMBERSHIP Any of the following planned gifts qualify you to become a member of the Royal Legacy Society: -

Include a gift for Rosary Academy in your will or living trust

Name Rosary Academy as a beneficiary of a life insurance policy or a retirement account (IRA, 401(k), 403(b), etc.)

Establish a charitable gift annuity at Rosary Academy

Name Rosary Academy as the beneficiary of a charitable remainder trust or charitable lead trust.

Deed your home to Rosary Academy while retaining a life estate

“The Rosary community — and particularly Rosary basketball — has been a special part of our lives since our daughter became a Royal in 2000. We are committed to supporting Rosary now and in the future with the hope that other families will experience the friendships and team spirit we have treasured for so many years.” — Marno & Marge Tavarez Mother and father of Kimberly Tavarez Venter ’04

CREATE YOUR LEGACY Legacy gifts provide the foundation for Rosary Academy. These gifts allow you to take care of your family, provide for gifts to loved ones, and include a charitable gift for Rosary and our Royals. Our goal is to help you find the best way to make your gift, and perhaps make a larger gift than you thought possible.

ESTATE PLANNING While estate planning can entail difficult choices, once your plan is in place it provides you and your family with a sense of relief and peace of mind. Estate planning is the process of caring for yourself and your assets while you are living, and planning for the orderly transfer of assets to other personas and organizations – both during your life and afterwards. Benefits of estate planning: -

Ensure the wealth you have accumulated over your lifetime goes exactly where you want to go and when. If you don’t have a will or living trust, then the state will impose a distribution plan for you, which may or may not match your wishes

Give directions to be followed in case you become incapacitated and cannot make decisions for yourself

Organize your affairs and designate who will handle them when you are gone

Appoint a guardian for any minor-aged children

Provide for any special needs your loved ones may have

Minimize possible estate taxes and probate fees

Specify your funeral arrangements

Remember and provide for your friends, pets, and organizations you care about but are not included in the default state distribution scheme

Key elements of an estate plan include: a will, revocable living trust, beneficiary designations, power of attorney for financial matters, power of attorney for health care decisions, physican’s order for life sustaining treatment, etc.

RETIREMENT PLANNING It’s never too early – or too late – to plan for retirement. A few tips to consider as you prepare for retirement: -

Determine how you would like to spend your years.

Reflect on your desired lifestyle during your retirement years

Save as much as you reasonably can and invest appropriately

To the extent possible, maximize the financial resources you can draw upon in retirement

Do not overlook how you can support Rosary Academy that result in retirement cash flow

HOW YOU CAN GIVE FIND THE BEST GIFT Deciding on the right gift for Rosary can be difficult. Take a moment to think about your most important personal and family goals. These could range from maximizing tax benefits and producing income, to preserving assets for your heirs.

Bequests: A charitable gift from your estate is a favored method of giving that enables you to achieve your financial goals and benefit Rosary Academy. No other planned gift is as simple to make or easy to change should you ever need the assets during your lifetime. A bequest may be right for you if: -

You want to make a gift to Rosary Academy

You want the flexibility to change your mind

You want continued access to your wealth, should you need it

You are concerned about outliving your resources

Sample language to present to your advisor: ”I give, devise and bequeath (insert amount of gift, percentage of estate or residuary of estate here) to Rosary Academy, a nonprofit corporation, or its successor, with offices at 1340 N. Acacia Ave. Fullerton, CA 92831, Federal Tax Identification Number 95-2419408.” “I give to Rosary Academy, 1340 N. Acacia Ave. Fullerton, CA 92831, a California non-profit corporation, or its successor, Federal Tax Identification Number 95-2419408, [insert here a description of the particular property].”

Rosary Academy encourages all individuals to consult with a professional advisor before entering into any charitable or planned gift agreement. We welcome the opportunity to visit with both you and your advisor as you consider your legacy gift to Rosary Academy. Beneficiary Designation: A beneficiary is one of the simplest ways to make a gift to Rosary Academy. You may specify the individuals and charities you want to support and you can also specify the percentage of the assets you want each beneficiary to receive. Beneficiary designations are available when giving the following assets: -

Retirement assets

Life insurance

Other assets: commercial annuity, bank accounts, investment accounts

Retained Life Estates: Your home is one of your most valuable assets. With a retained life estate, you can give your home to us now, but continue to live in it for as long as you wish. A retained life estate may be right for you if: you want to continue to live in your home, you do not plan to pass on your home to family or other heirs, you itemize your income tax deductions and want to save on income taxes now. A retained life estate is an irrevocable arrangement between you and Rosary Academy. You deed your home to us in exchange for an agreement that gives you the right to live in your home for as long as you choose, even for the rest of your life. When your retained life estate arrangement ends, your home becomes our property to use or sell. Typically, we will sell your home and use the proceeds for Rosary and our Royals.

WHAT YOU CAN GIVE CASH One of the most common ways to make a gift to Rosary Academy is to write a check, make a gift using a credit card online, or dropping off cash.

STOCKS & BONDS Make a gift of publicly-traded securities to Rosary Academy and potentially save income tax and capital gains tax, too.

RETIREMENT ASSETS A good option if you have an IRA or qualified retirement plan such as a 401(k) or 403(b), you do not expect to use all of your retirement plan assets during your lifetime, you have other assets (securities and real estate) that you want to pass to heirs, you may want to provide payments to loved ones after you are gone, you would like to make a bequest gift to Rosary.

LIFE INSURANCE A gift of life insurance that you no longer need can be an easy way for you to provide generous support to Rosary Academy.

REAL ESTATE There are many options for donating your home, second home, commercial building, vacant land, or other real estate to Rosary Academy. There may be a gift plan available that will help you achieve your charitable and financial goals.

PERSONAL PROPERTY TAX A gift of artwork, coins, antiques, or other personal property can be an excellent way to support Rosary Academy.

MAKE A LASTING IMPACT ON ROSARY TODAY R oya l Le ga cy Society En rollm en t Form Name ______________________________________ Phone _________________________ Email _______________________________________________________________________ Address ____________________________________________________________________ City ________________________________________ State ______ Zip ________________ Designated purpose of your gift ____________________________________________ ____________________________________________________________________________ Approximate amount (optional): $ __________ Recognition I/We wish to remain anonymous I/We give permission to have our name published as a member of the Royal Legacy Society Eligibility for Rosary Legacy Society I/we have done the following: Included a gift for Rosary Academy in my/our will or living trust Named Rosary Academy as a beneficiary of a life insurance policy or a retirement account (IRA, 401(k), 403(b), etc.) Established a charitable gift annuity at Rosary Academy Named Rosary Academy as the beneficiary of a charitable remainder trust or charitable lead trust Established a gift of my/our residence subject to a retained life estate Other ___________________________________________________________________

All information is confidential

Please return this form to:

Rosary Advancement Office Kristie O’Campo ‘02, Executive Director of Advancement 1340 N. Acacia Ave. | Fullerton, CA 92831 714-879-6302 ext. 107 | kocampo@rosaryacademy.org

Rosary Academy

1340 N. Acacia Avenue Fullerton, CA. 92831

www.rosaryacademy.org

@rosaryroyals @rosaryroyals @rosaryroyals