Cash
Cash, usually in the form of a check, is the most common type of charitable gift. Tax benefits are available if you itemize your deductions. The State of Minnesota allows non-itemizers a tax deduction of 50 percent for charitable gifts over $500. You can now donate online, click here for more information about online giving.

In Kind Gifts
Often our donors gift us with items.  We have a list of needs that we keep up to date.  These items have sometimes been gently used.  Click here to see the current list of items being requested by our staff.

Vehicle
If you are thinking about trading in your vehicle and buying a new one, you might discover that your vehicle is worth more as a donation.  Rather than finding that you can only get a small portion of the value in a trade-in, you can receive a tax deduction plus support the students of Saint Bernard's. Click here to visit the Cars with Heart website.

Appreciated Securities
Tax advantages are available for donors making outright gifts of stock or appreciated securities. Capital gains taxes are eliminated and a deduction equal to the fair market value of the securities is realized. It is usually more beneficial to contribute the appreciated securities directly to Saint Bernard’s School.

Bequests Through Your Will
A provision in your will for Saint Bernard’s ensures the future of our school. You can leave a legacy beyond your lifetime. Bequests can be in the form of dollar amounts or for portions of an estate after payment to other beneficiaries.

Charitable Gift Annuities
A gift annuity is established when you transfer cash or securities to us and request that the annuity make payments to you during the remainder of your lifetime. The gift annuity provides a fixed income stream for you for life, part of which is tax free.

Life Insurance
Life insurance is an economical vehicle for giving a gift. It can be given through the irrevocable gifting of a new insurance policy where you designate Saint Bernard’s School as the owner and beneficiary or through an existing policy you already have.

Charitable Remainder Trusts
A charitable remainder trust is a deferred giving arrangement under which you transfer property (cash, securities or real estate) to a trustee. You retain the right to the income from the trust either for life or for a specified number of years. Saint Bernard’s School receives whatever remains in the trust after the term or after the death of the last beneficiary.

Retirement Assets
Naming Saint Bernard’s School as the beneficiary of tax-deferred accounts avoids income tax and can reduce estate taxes.