Blessings from our donors

“I wish it could be more….”

Many times when I call a donor to say “thanks for your gift,” he or she responds with “I wish it could be more.” One way you can make a greater gift to those close to your heart is to remember them in your estate plan. Naming Mount St. Scholastica along with your loved ones in your will or trust costs you nothing now and will save you taxes on your estate. Estate gifts are very important to our community as they help us care for our members, make needed improvements on our community property, and grow our endowment for our ministries at Sophia Spirituality Center and Keeler Women’s Center.

To learn more about legacy gifts, check out our donate page at www.mountosb.org or contact: Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

Benedictine Sisters Mount St. Scholastica
801 S. 8th St.
Atchison,KS, 66002

Tax ID: 48-0548363

A gift that keeps on giving

Our community was generously blessed with a legacy gift in 2003. The gift was in the form of a Charitable Remainder Uni-trust. The woman who left this gift to Mount St. Scholastica set aside an amount that would pay out quarterly. Our community has designated this unrestricted gift as support to our ministry fund. It provides a reliable yearly income that really helps us develop our ministries at Sophia Spirituality Center and Keeler Women’s Center. The amount paid out each year fluctuates depending upon the investment earnings, but it always comes and enables us to continue our service to others.

To learn more about legacy gifts check out our donate page at www.mountosb.org or contact:

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

Benedictine Sisters
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002

Tax ID: 48-0548363

From jewelry to a piano

On a couple of occasions, women have donated some pieces of jewelry to us. Sometimes we can use these pieces for Night of Dreams silent auction items. However, if they are of higher value, we sell them and use the money for our ministry needs.

Last year we were able to purchase a new piano for our Sophia Center. Part of the money to purchase it came from a generous gift of jewelry. The donor was very happy to put her jewelry to good use and to support our ministry in Sophia Center.

The piano we had was no longer working and could no longer be fixed. A piano is very important for the prayers and the programs provided in Sophia Center. Many groups that come to Sophia Center want to use a piano, and now they are very happy to have a beautiful sounding piano.

For more information on what items can be donated contact:

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

Benedictine Sisters
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002
 
Tax ID: 48-0548363

Donating from IRA

Recently a woman told me that since she was now 70 and ½ years old, she was required to take a minimum withdrawal from her IRA. The extra income from her IRA would have put her into the next higher tax bracket.  She was happy to learn that she could support Mount St. Scholastica and help herself at the same time. 

These donations are helpful to the donors and certainly to our community. We can use these funds to care for our elderly sisters or help support our ministries. Donors can designate their gift for a certain use or for general use to be determined by the community.

To donate from your IRA, contact your financial advisor.

Checks payable to Mount St. Scholastica

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

 

Benedictine Sisters
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002
 
Tax ID: 48-0548363

Gift of Stocks and Mutual Funds

Some of our friends and family members choose to support us by donating stocks. These stocks are very helpful to us as we build up our community endowment for the continuing care of our sisters and the support of our ministries. Each year we use some of the income from our continuing care fund to meet the expenses of daily life for community members over 72 years of age.  We also rely on this fund to help pay for the nursing care our sisters receive in Dooley Center.

Gifts of stock and mutual funds can bring tax benefits to you.  Stock can be transferred directly into our account. Donors can get the information their broker will need by contacting me.

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

Benedictine Sisters
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002
 
Tax ID: 48-0548363

A roof over our chapel

            Late in the afternoon a couple days after Christmas in 2013, I was called to the front entrance.  I met a man I had never seen before.  He told me his aunt, who loved the sisters at the Mount, had died.  She had wonderful memories of her years at Mount St. Scholastica College in the early 1950s.

            She had told her nephew, her trustee,  that she wanted to make a donation to Mount St. Scholastica to help the Benedictine Sisters and their ministries. He handed me an envelope, and I looked inside and found a very substantial gift.  I immediately thanked him and God as I knew we had a big challenge ahead of us.

            I had been asked to raise $500,000 to put a new roof on St. Scholastica Chapel which had been built in 1937 and was used for many important liturgical celebrations for our community, alumnae, Atchison people, and guests. This legacy was nearly half of the estimate on the roof.

            Having received this generous gift, we invited our college and academy alumnae to contribute also. In a few months, the entire amount was raised, and the roof replaced.  The new roof was made possible because of the generosity of a “Mountie” and many other “Mounties” who wanted to pay the sisters back for their education.   

            It is a privilege and honor for the Benedictine Sisters of Mount St. Scholastica to be named as a beneficiary in your gift planning.  All benefactors are listed in our Book of the Dead and remembered in our prayers yearly all through the month of November.

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

 

Benedictine Sisters
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002

 

Tax ID: 48-0548363

Recurring Gifts

Our monthly and quarterly donors are truly a blessing to us with regular gifts throughout the year.  They are faithful friends who remember us and our ministries and know that they are partners with us.  They support us in our work and prayer and services to others.

Many of our monthly and quarterly donors have set up electronic funds transfers from their bank to our bank. This is the easiest and least costly way of making a monthly or quarterly gift.

Others donors prefer to write monthly checks or donate by credit card online.

These gifts provide a steady source of revenue and are really important in the “off-season” of giving.  Regular gifts are very helpful to our community as our expenses continue at a steady pace all year long. 

To learn more about our Electronic Funds Transfer Program contact:

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

Benedictine Sisters
Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002

 

Tax ID: 48-0548363

 

A Gift of a Life Insurance Policy

This week we received a gift of a life insurance policy from a donor's estate. When I was notified that Mount St. Scholastica was the beneficiary of this policy, I was surprised. I had not visited with the donor. The money from this life insurance policy will be very helpful for us in our ministries and our community needs.

At some time this donor decided that an insurance policy could be a gift to charity after death. To make a change in the beneficiary on your life insurance policy, you need to contact the insurance company. It requires filling out a new beneficiary form. Changing the beneficiary in your will is not enough. The beneficiary must be listed on the policy with the insurance company.

As circumstances of life change may be the beneficiary of your life insurance account will need to be changed also. Designating a charity as a beneficiary of your life insurance is a wonderful way to leave a legacy to Mount St. Scholastica.

Sister Mary Agnes Patterson, OSB at 913-360-6215 or patterson@mountosb.org.

Benedictine Sisters Mount St. Scholastica
801 S. 8th St.
Atchison, KS, 66002

Tax ID: 48-0548363