Your Guide to
Gift and Estate Planning
for St. Pius X School
Saint Pius X School serves God in communion with the Roman
Catholic Church by fostering moral, social, and intellectual growth within a college preparatory setting to teach young people to be ethical leaders in service to others.
Building on our tradition of Catholic teaching and academic excellence,
Saint Pius X School is the best school for families in New Mexico.
Marijo Rymer ’64
Rymer, a 1964 St. Pius X graduate, earned her cum laude degree from the University of New Mexico, majoring in English and Political Science With decades of experience in politics, public relations, and community service, she spent 11 years as Executive Director of The Arc of Colorado, leading 14 chapters supporting individuals with intellectual and developmental disabilities. Since retiring to New Mexico in 2017, she has remained active, serving on the St Pius X School, Inc Board of Trustees, as President of Disability Rights NM, and as a docent at the Albuquerque Museum
Joseph B. Schubert ’70
Schubert, a 1970 St Pius X graduate, is the retired Associate General Counsel at Bank of America, San
Francisco He graduated cum laude from Princeton University in 1974 and earned his law degree from Yale
Law School in 1977
With over 40 years of experience in corporate finance, he played a key role in The Sonoma Land Trust’ s
acquisition of the 5,600-acre Jenner Headlands property, preserving this scenic land overlooking the
Russian River and the Pacific Ocean for public use.
Cash
Giving cash is the simplest way to make a difference for St. Pius X School. For most donors, a cash gift is tax deductible.
Stocks & Securities
Giving securities, including stocks and bonds, is
easy and effective. If you have held appreciated
securities for more than a year, giving them to
St Pius X School can provide a tax deduction
and help avoid capital gains taxes.
Real Estate & Land Trust
A gift of real estate, such as your home, ranch,
vacation property, commercial property, or even
vacant land, could be your most impactful
donation. Moreover, if your property has
appreciated, giving it to St. Pius X School can
provide a tax deduction and help you avoid
capital gains tax
Life Insurance
If you no longer need your life insurance policy,
you can list St. Pius X School as the beneficiary.
Retirement Plans
Giving St Pius X School part of your retirement assets, such
as your IRA, 401(k), 403(b) or other tax-deferred plan, is
a simple way to make a gift and avoid taxes or reduce
your tax rate This is especially relevant for individuals aged
70½ or older who are required to take a Required Minimum
Distribution (RMD) each year. Moreover, retirement plans
passed to your children and heirs carry a tax-related
burden. On the other hand, naming the School as a
retirement plan beneficiary avoids income taxes, and the
School receives the full value of your retirement plan gift.
Will & Estate Plans
You can designate St Pius X School as a beneficiary in your will, living trust, or other
estate plan document. Inquire about sample
language.
Nothing has growth potential like your stake in a
growing company. There are key times in the life of a
business when it makes sense to set aside some of the
ownership interest for charitable contributions, such as:
When a company is being formed
Before an initial public offering (IPO)
When a company is being recapitalized
Before the sale, merger, or acquisition of a company
Before an owner or partner in a company retires
By donating closely held stock before these liquidity events occur, you can claim an immediate tax deduction
for the full market value without ever recognizing a
taxable gain.You essentially "double up " on the tax
benefits.
h
If you are 55 or older, you can give cash or appreciated
securities to the School With a charitable gift annuity
(CGA), you are paid a fixed amount (with rates based
on your age) annually for the rest of your life. This
payment stream provides security for you and your
loved ones, and some of this income may be tax free.
After your lifetime, the remainder in the annuity
account benefits the school
Match Your Gifts to Your Goals
A charitable remainder trust allows you to transfer cash and appreciated securities as well as property to St. Pius X
School or your bank/trust company. The difference is
that instead of a simple contract, your asset funds a trust,
which directs a specific distribution to you or your
family, with the remainder being distributed to the
school The trust will provide you with an upfront
charitable tax deduction and provide you with income for life (flexible or fixed for life or for a set term of years).
You can transfer cash, appreciated securities, and or property into a lead trust that makes gifts to St. Pius X
School for a number of years You will receive a
charitable deduction, and you or your family receives the remainder of the trust at a tax savings.
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Pope Pius X, born Giuseppe Sarto, was known for his deep humility, pastoral heart, and unwavering commitment to strengthening the faith of the Church. Hi
impact through their faith and generosity.
By including St. Pius X School in their estate plans, members of the
There is no minimum gift requirement membership is complimentary and lasts a lifetime. Members receive a Sarto Legacy gift and an invitation to an annual reception. Becoming a member is simple. Just let us know that St. Pius X School is part of your estate plans. You may choose to disclose the amount or keep it private, be recognized during your lifetime or remain anonymous, and specify exactly how you would like your gift to be directed ensuring your wishes are carried out just as you envision.
Unrestricted Bequest
“I give, devise, and bequeath to St. Pius X School, Inc., a nonprofit organization located at 5301 St. Josephs Dr. NW,
Albuquerque, New Mexico 87120, the sum of $ (or % of my estate, or a description of the specific
asset), for its general purposes. ”
Restricted Bequest
“I give, devise, and bequeath to St Pius X School, Inc , a nonprofit organization located at 5301 St Josephs Dr NW, Albuquerque, New Mexico 87120, the sum of $ (or % of my estate, or a description of the specific
asset), to be used for the following purpose: [e.g., tuition assistance, STREAM education, capital improvements, etc.]. If at any time, in the judgment of the school, it is impossible or impracticable to carry out the designated purpose, the school shall use the bequest for a purpose as near as possible to the original intent. ”
Residual Bequest
“I give the rest, residue, and remainder of my estate to St Pius X School, Inc , a nonprofit organization located at 5301 St Josephs Dr NW, Albuquerque, New Mexico 87120, for its general purposes ”
St. Pius X School
5301 St. Josephs Dr. NW Albuquerque, NM 87120
Tax Identification Number: 88-1027223
For more information, contact: Advancement Office (505) 831-8423 advancement@spxabq org
