Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Louise S. McGehee School today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at McGehee. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

A group of girls in a huddle Longtime Louise S. McGehee School supporters Charlie and Susan have two goals: First, they want to make sure McGehee continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to McGehee, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Kathleen Viguerie Banta ’95 at 504-274-4917 or kbanta@mcgeheeschool.com to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include McGehee in your plans, please use our legal name and federal tax ID.

Legal name: Louise S. McGehee School, Inc.
Address: 2343 Prytania Street, New Orleans, LA 70130
Federal tax ID number: 72-0408943

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

Download My Kit