Institutional Advancement

Planned Giving2019-01-30T13:22:16+00:00

Planned Giving

Legacy and planned gifts offer you an opportunity to extend the impact of your life and accomplishments.

Your gift will represent an investment in talented young men who will be challenged academically and guided by the charism of Blessed Edmund Rice.  It will also sustain the community of faith that exists at Brother Rice where each young man is accepted, recognized, valued and challenged to “Act Manfully in Christ Jesus.”

Planned gift options to consider include:

Bequest through Your Will or Living Trust

Include a provision in your will or living trust documents that directs (i) a stated sum of money, (ii) specific assets such as appreciated securities or brokerage accounts, or (iii) a percentage of your estate assets to Brother Rice High School.

A General Bequest of a stated sum of money:

I give  to Brother Rice High School, Inc., located at 10001 South Pulaski Road, Chicago, IL 60655, Federal Tax Identification Number 53-0196617.”

A General Bequest of a stated sum of money to be directed to a specific purpose:

“I give to Brother Rice High School, Inc., located at 10001 South Pulaski Road, Chicago, IL 60655, Federal Tax Identification Number 53-0196617 to fund .”

A Specific Bequest of a particular asset from your estate:

“I give to Brother Rice High School, Inc., located at 10001 South Pulaski Road, Chicago, IL 60655, Federal Tax Identification Number 53-0196617 .”

A Residuary Bequest that become operable after other bequests and expenses have been paid out of your estate:

“I give  to Brother Rice High School, Inc., located at 10001 South Pulaski Road, Chicago, IL 60655, Federal Tax Identification Number 53-0196617, all (or a portion) of the rest, residue and remainder of my estate.”

Retirement Plan Assets

Name Brother Rice High School as a beneficiary of your IRA, 401(k) or other retirement plan.

Simply request a change-of-beneficiary form from your plan administrator. When you have finished, please return the form to your plan administrator with the following beneficiary designation:

Brother Rice high School, Inc.,
10001 South Pulaski Road
Chicago, IL 60655
Federal Tax Identification Number 53-0196617

Tax-Free Gift From IRA

If you are 70 ½ years old or older, there is a simple way to make a gift to our school and receive tax benefits as well.  Current law allows you to make an annual gift of as much as $100,000 directly from your IRA to a qualified charitable organization such as Brother Rice High School without having to pay income taxes on the withdrawal. Known as an IRA Charitable Rollover Gift, this distribution from your IRA can satisfy all or a part of your minimum distribution requirement.

Life Insurance

Name Brother Rice High School as a beneficiary of a life insurance policy. This is a wonderful way to put a paid-up policy that is no longer necessary to address your family or business needs to good use.

Simply request a change-of-beneficiary form from your life insurance provider. When you have finished, please return the form to your life insurance provider with the following beneficiary designation:

Brother Rice high School, Inc.,
10001 South Pulaski Road
Chicago, IL 60655
Federal Tax Identification Number 53-0196617

Have Questions?

If you have any questions about including Brother Rice High School or the Brother Rice Foundation in your financial plans please contact Kevin Larson, Vice President of Advancement, at (773) 429-4476 or klarson@brrice.org.