A legacy gift enables you to support Fordham Prep , secure the financial needs of your loved ones, and provides you with tax benefits. Legacy gifts of all sizes help create scholarships and build our endowment, benefit curriculum enhancements, faculty development, global education, athletics, visual and performing arts, technology, and our mission and service programs.
By including Fordham Prep in your will or trust, naming the school as a beneficiary of all or part of a life insurance policy, or taking advantage of other giving opportunities, you can preserve your assets now and support the Prep for years to come. Your gift will have a real, lasting impact.
To learn more, we encourage you to explore the gift opportunities on the following pages. We are happy to assist you in any way we can as you prayerfully consider if one of these options is right for you.
Since it was established in 1984 and renamed the The Shea-McDonough Legacy Society in 2019, we have welcomed and recognized alumni, parents, friends and other benefactors, who have invested in the Prep as they have their own families. Their gifts -- both modest and large -- have played a critical role in advancing Fordham Prep 's mission to educate young men in faith, scholarship and service to become "men for others."
Named in honor of longtime Prep faculty members and revered teachers, Rev. Arthur V. Shea, SJ and Harry L. McDonough, membership in the Society ensures that your legacy includes a meaningful contribution toward Fordham Prep 's long-term stability. All donors who inform us that the Prep is part of their estate plans, which may include a bequest and/or charitable income gifts, such as charitable gift annuities, charitable remainder unitrusts, charitable remainder annuity trusts, or gifts of life insurance, become members of the The Shea-McDonough Legacy Society .
Your membership involves no obligations or solicitations, but does allow us to thank and recognize you throughout the year. It is our hope that your foresight will also inspire the generosity of others.
Following is a list of the alumni, parents and friends, living and deceased, who are members of the Shea-McDonough Legacy Society.
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. There are many types of bequests. Choose the one that best fits your needs and intentions.
Naming Fordham Prep as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings.
Designate the Prep as a beneficiary to receive all or a portion of the balance of your Donor Advised Fund (DAF) through your fund administrator. You also can make a grant to us at any time from your donor-advised fund.
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, you'll receive charitable deductions at full, fair market value while reducing capital gains impact.
If you're 70 ½ or older, you can make a gift directly from your IRA to the Prep . While there is no charitable deduction for a rollover gift, you do avoid the income tax on the donated portion of your required minimum distribution.
Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other well curated collections, can be deducted from your income tax today and reduce your estate taxes in the future.
Vince DonVito ’82
Part of a great school by choice
The Murray Family
Peter '63, Vinnie '98, Mike '01
Honoring the past with a gift for the future.
The Lanza family
Gene Sr. '55, Gene '78, Joseph '80, and Michael '84
The Lanza family knows what a profound impact Fordham Prep has on the lives of its students, and wants to see that continue.
Jack and Marge Geraghty '60
Jack and his wife Marge, loyal supporters of The Annual Fund and Scholarships, are
also members of the
The Shea-McDonough Legacy Society
Kevin & Connie Hackett '67
Kevin, a former long-time member of the Board of Trustees, wants his fellow Rams to take advantage of available tax breaks and support
Fordham Prep
.
Ken Singleton '79
Men for Others:
A Continued Mission. “Our real job—the real goal—
is to be a man for others.”
Phyllis Corsbie Hyacinthe
Parent '77, '79, '80,
Grandparent '99, '08, '08, '15
As a parent and grandparent to seven Prep alums, Phyllis is a valued member of The Shea-McDonough Legacy Society.
Desi Heathwood '59
Desi knows that every gift counts: gifts of every type and size combine to maximize the impact on the long-term success of Fordham Prep.
Joe Moglia '67
"So much of what I have achieved in my lifetime, is because of my experience at the Prep. I am happy and proud to be able to contribute to the place that has given me so much."
Dan Ottaviano '69
Dan supports Fordham Prep with a scholarship gift so that students can have the same transformative experience he did.
Tony Mazza '63
Tony graduated from Fordham Prep and went on to get an undergraduate and graduate degrees from Fordham University—and now he's giving back.
There are many giving options available to you, such as naming Fordham Prep as a beneficiary in your will and charitable gift annuities that provide steady income for you and your family during your lifetime. Below you will find the information you need to make a gift to Fordham Prep. For assistance, or to document your gift, please find our contact info below, or submit this form.
Fordham Prep
441 East Fordham Road
Bronx, NY 10458
718-367-7500 ext. 274
dowdens@fordhamprep.org
If you are working with a professional advisor or advising a donor, here's a useful guide for including Fordham Prep in a charitable estate plan.