Msgr. Allen Trust and Development Fund
What is the Monsignor Allen Trust and Development Fund?
The Monsignor Allen Trust & Development Fund (MATDF) is an endowment fund that was established in 1990 as a way to support the philosophy and financial stability of Holy Souls School, its children, and grandchildren. In view of the fact that many Catholic schools have been forced to close due to lack of financial support, the Monsignor Allen Trust Fund will ensure the continuation of enhancements.
Endowment funds are often equated to a savings account. Unlike annual gifts, endowment fund contributions are never spent. Instead, they are invested, and the return supports the school in perpetuity, ensuring that the fund’s assets can increase over time through reinvestment. Professional money managers oversee the actual investment of funds but these managers are guided and directed by a Board of Trustees and its policies.
As a trust fund donor, you have a unique opportunity to watch your gifts inspire, encourage and create excellence today, with the assurance that your investment will touch countless lives for generations to come.
Cash, Appreciated property, cash gifts fully deductible (stock, real estate)
Cash gifts fully deductible up to a maximum of 50% of your adjusted gross income. Excess can be deducted over as many as five subsequent years.
Stocks, bonds, or other appreciated securities
No capital gains on the increased value of the appreciated property, and receive a full deduction for the full market value at the time of the gift.
Any negotiable gift (Cash, stocks, bonds)
Most gifts from present or past employment or board memberships qualify for matching gifts from contributing employers. The benefit of this type of gift is that it can double or even triple your original gift to Nativity Catholic.
Any negotiable gift
May honor a loved one during a lifetime or afterward.
Bequests, Life Insurance & Trusts
Donor provides for asset transfer to Nativity Catholic School
Distribution of an estate in a will as intended by donor, possible avoidance of estate & inheritance taxes.