Legacy Giving

Mother Mary Frances Clarke Heritage Circle

It is our hope that you will consider including Xavier in your estate plan, and if you have already done so, please let us know, so that we can include you as a member of Xavier’s Mother Mary Frances Clarke Heritiage Circle!   Named after Mother Mary Frances Clarke, the foundress of the Sisters of Charity of the Blessed Virgin Mary, Xavier’s Heritage Circle was established to secure financial support for Xavier’s long term needs and recognize individuals who have made provisions in their estate plans for Xavier College Preparatory.  

A Legacy gift is a great way to honor a friend, family member or mentor.  It is also a great way to honor your own life and beliefs.   For more information on how to leave a Legacy gift to Xavier, please contact Curt Bruggman at 602-240-3133 or

Thank you for viewing our Legacy Giving page and we look forward to assisting you to facilitate your planned giving wishes. 

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  • Mother Mary Frances Clarke Heritage Circle Members

    Erin '84 & Al Alaimo
    Ann ’80 & Mark Barker
    Betsey Bayless ‘62
    Curtis Bruggman
    Janet & Edward Burke
    Emily Buttersworth
    Mary Ellen & Patrick J. Cunningham
    Carolyn & Michael Donahey
    Camille Donaldson '49
    Teresa ’67 & Stephen Duffy
    John Durant
    Ann Grgich Graham
    Catherine ’66 & Lewis Griffin
    Mary (Murphy)’76 & Don Grosdidier
    Michele & Stan "Stash" Jarocki
    Patricia Jesik ‘61
    Michael King
    Kathleen & Greg Kruzel
    Paula & Larry Petrowski
    Denise & Ed Registrato
    Jean Tichenor
    Patty & Cecil "Butch" Vaughn
    Helen Watts  
    Olinda Young & Marty Johnson

    † - deceased 

Frequently Asked Questions

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  • If I create a planned gift or bequest, will Xavier continue to ask me for annual contributions?

    Your planned gift will significantly ensure the financial future of our school. However, current campus improvements and needs are supported through annual gifts. We greatly appreciate and encourage any ongoing support you wish to consider.
  • Is it true that transferring retirement plan assets to a charity is advantageous?

    Qualified retirement plans and retirement accounts such as IRA's, 401(k)s, 403(b)s and Keoghs allow individuals to defer paying taxes on a portion of their income until assets are withdrawn during retirement years. However, after a person's death, retirement plan assets distributed to individuals are subject to income tax and may also be subject to estate tax.  Retirement plan assets distributed to a charity are not subject to income or estate taxes, making it advantageous to name a charity as a beneficiary of your retirement plan assets.
  • What assets can I use to make a gift to Xavier College Preparatory?

    During your lifetime, you can make an outright gift of cash, securities or other property (real estate or personal property). Upon your death, you can make a gift through your will or living trust or your retirement plan or life insurance policy can be designated to Xavier College Preparatory.
  • What tax deductions will I receive for my gift?

    Your tax benefits can vary greatly based on the type of gift, the time it is made, if it is outright or deferred, or if it has income payments. Below are some guidelines, but Xavier encourages you to discuss this with your tax advisor.

    • Outright gifts: You will receive an immediate deduction for the full value of the gift.
    • Securities: Deductible for the fair market value with no recognition of capital gains (if gain is long-term) - a great tax benefit!
    • Personal Property: Items are fully deductible at fair market value so long as they are relevant to our mission.
    • Gifts upon death through your will or trust: Will generate an estate tax deduction.
    • Life Insurance: Will generate an estate tax deduction.

Estate Planning Strategies

Planned gifts can help you achieve your financial and charitable goals as well as provide you with a substantial tax savings.

Make a gift to Xavier now that doesn't affect your cash flow.
Put a bequest in your will. This could be either cash, specific property or a share of estate residue.
You will benefit in the future with an estate tax deduction.
Maximize your deductions; minimize gift details.
Make a gift of cash. Claim your deduction against a larger portion of your adjusted gross income  and make an immediate impact at Xavier.
Avoid capital gains liability and afford a larger gift to Xavier.
Give bonds or appreciated stocks held over one year.
Make a gift that costs you less than the benefit it delivers to Xavier, while avoiding capital gains tax. Buy low and give high.
Use an overlooked asset.
Name Xavier as the beneficiary of your retirement plan: leave all other assets to your family.
Eliminate income tax and estate tax on retirement plan assets and free up other property to pass on to your heirs.
Make an endowment gift from income rather than capital.
Create a new life insurance policy,
or donate a paid up policy whose
coverage you no longer need.
Increase your ability to make a gift to Xavier.

Cash Send a check, give online or make a gift over the phone. The simplest way to make your donation.
Securities Transfer your securities to Xavier and the school will sell them to fund an area of need.
1. You receive an immediate tax deduction for the fair market value of the securities on the date of transfer regardless of what you paid for them (if the gain is long-term).

2. You do not pay capital gains tax on the securities donated.
Personal Property Transfer your collectibles, paintings or personal property to Xavier. Xavier may sell the item and use its proceeds to fund an area of need.
1. You receive gift credit and an immediate tax deduction for the appraised value of the gift as long as it meets IRS "related use" standards.

2. No capital gains tax is paid.

Will or Living Trust Include a bequest provision in your will or revocable living trust.
1. Your assets remain in your control during
your lifetime.

2. There is no upper limit on the estate tax 
deductions that can be taken for charitable bequests.

3. You can modify your bequest at any time if circumstances change.
Retirement Plans Name Xavier College Preparatory as the beneficiary of your IRA, 401(k), 403(b) or other retirement plan.
1. Xavier will not have to p ay estate or income tax on the remainder of the plan.

2. Give the most taxed asset to Xavier and give the others to your heirs.

3. You can continue to take withdrawals during your lifetime.

4. You can modify your beneficiary if circumstances change.
Life Insurance Name Xavier College Preparatory as the beneficiary of your paid in full policy. Your gift will be funded by income not capital.

Xavier College Preparatory

4710 North Fifth Street
Phoenix, Arizona 85012
P. (602) 277-3772
F. (602) 279-1346

National Blue Ribbon Recipient



Western Catholic Educational Association