There are many ways to give. However and whenever you choose to give, we thank you for your support.
General Donations
Join the Newman Foundation by supporting our mission to deepen and integrate spiritual, personal and intellectual development at the Newman Center, UK and the Catholic Diocese of Lexington by financial resources for grants, student support, the endowed Chair for Catholic studies and more. Every gift is tax-deductible and the donor receives an acknowledgement for their donation.
Only through the generous support of our donors are we able to offer grants and thoughtful programs that serve the Newman Center, UK and the diocese. Your generosity is what allows us to continue existing programs such as the Distinguished Speaker Series, and to initiate new ones, like the endowed Chair for Catholic Studies. We need your help because we rely primarily on individual gifts.
The Newman Foundation understands that you have numerous priorities and demands on your resources. We deeply appreciate all gifts regardless of size.
Gifts In Memory
Memorial gifts provide the opportunity to make a donation in memory of a loved one or friend. When an In Memory gift is received, the Foundation will promptly send a personalized tribute card to the person or family indicated notifying them of your thoughtful donation but not revealing the amount of the donation. Every gift is tax-deductible and the donor receives an acknowledgement for their donation.
Honorarium Gifts
In Honor Gifts provide the opportunity to make a donation to celebrate a loved one's life, perhaps on a special occasion -- a birthday, anniversary, or a wedding -- or perhaps just anytime. When an Honorarium gift is received, the Foundation will promptly send a personalized tribute card to the person or family indicated notifying them of your thoughtful donation but not revealing the amount of the donation. Every gift is tax-deductible and the donor receives an acknowledgement for their donation.
Matching Gifts
Many companies offer employees a matching gift benefit that increases your gift to us. If your company has a Matching Gift Program you must obtain the proper matching gift form from your organization. Please remember to send your completed matching gift form to:
Ronda Stewart-Wilcox
Newman Foundation
320 Rose Lane
Lexington, KY 40508
Please contact Ronda in the office at 255-0880 with any questions.
Gift Planning
You can provide for the Newman Foundation a variety of ways, including through your estate. Planned or deferred gifts enable the Foundation to plan for the future because they will be realized at some later date. You can make a planned gift by naming the Newman Foundation as a beneficiary in your Will or by naming the Foundation as owner and beneficiary of a paid-up life insurance policy. A gift of life insurance entitles you to a tax deduction equal to your cost basis in the policy or its replacement cost, whichever is less.
You can make a planned gift to the Newman Foundation and receive an income for life through the establishment of a charitable gift annuity or charitable trust that names the Foundation as a beneficiary. Your attorney can advise you of the various types of charitable trusts and the estate tax benefits of each, and assist you in setting up a planned gift that is tailored to your personal needs. You may also want to talk with your attorney or financial advisor about the tax benefits of naming the Newman Foundation as a beneficiary of your retirement plan.
Bequests
One of the easiest ways to make a gift to the Foundation is by leaving the Newman Foundation a bequest in your Will. There are several ways you can do this. You can (1) give a specific amount of money to the Foundation; (2) give a specific item of property to the Foundation; or (3) give a specified percentage of the residue of your estate to the Foundation (the residue of your estate is that which is left over after all specific gifts have been made, whether charitable or non-charitable).
The following simple language can be used to make your gift:
“I give and devise to The Newman Foundation, Inc., or its successor, the sum of _________ Dollars ($_________) to be used for such charitable purposes as the governing body of The Newman Foundation, Inc. deems appropriate; provided, however, that at the time of such gift, The Newman Foundation, Inc., or its successor, must be a charity as described in Sections 170(c) and 2055(a) of the Internal Revenue Code.”
OR
“I give and devise ________ percent (________%) of my residuary estate to The Newman Foundation, Inc., or its successor, to be used for such charitable purposes as the governing body of The Newman Foundation, Inc. deems appropriate; provided, however, that at the time of such gift, The Newman Foundation, Inc., or its successor, must be a charity as described in Sections 170(c) and 2055(a) of the Internal Revenue Code.”
A bequest may be included in the body of a will or as an amendment (codicil). Gifts made through a bequest typically provide an estate tax deduction. Please consult your attorney and/or financial advisor for specific information.
The Newman Foundation Inc.
320 Rose Lane
Lexington, KY 40508
Please contact our office at 255-0880 with any questions.
