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The Bishop’s Bequest Society

The mission of the Bishop’s Bequest Society is to recognize those individuals, couples, and organizations who have notified the Catholic Foundation for the Diocese of El Paso that they plan to leave a future gift through a bequest, trust, life insurance policy, retirement plan, or charitable gift annuity to the Catholic Foundation. Specific parishes, schools or organizations may be designated as beneficiaries.

You can become a member of the Bishop’s Bequest Society simply by remembering the Catholic Foundation in your will or estate plan, adding a codicil (remembering the Catholic Foundation) to your current will, or naming the Catholic Foundation as a beneficiary of your life insurance policy or annuity. Then simply inform the Catholic Foundation of your intention (no need to specify amounts) by contacting Major Gifts Officer Sofía Larkin at (915) 872-8412 or slarkin@elpasodiocese.org.

 

How To Become A Member

  • 1

    Think prayerfully about your legacy and planned giving and discuss with your spouse and family. Contact your estate planning professional to discuss your plans and set up an appointment, or start your FreeWill. You can remember the Catholic Foundation in your will or estate plan, add a codicil to your current will remembering the Catholic Foundation, or name the Catholic Foundation as a beneficiary of your life insurance policy or annuity. If you need sample will language, a Bequest Letter of Intent or simply have questions, contact Major Gifts Officer Sofía Larkin at (915) 872-8412 or slarkin@elpasodiocese.org.

  • 2

    Inform the Catholic Foundation of your intentions by submitting your Bequest Letter of Intent to Major Gifts Officer Sofía Larkin at (915) 872-8412 or slarkin@elpasodiocese.org. Your name will be added to the Bishop's Bequest Society.

Stories of Donors like You

I made my bequest to Cathedral because I very much believe in the mission.

Tim Ackert

Tim met his wife, Norma, in 1972 and they got married the following year. He said luck brought them together but that when you choose your life partner, it works out because of much more than love and luck. He attributes compassion, forgiveness, support, patience, a little bit of craziness, enthusiasm, common interests and much more with getting them through 21 moves, too many adventures to count, and raising two children. They are now retired and enjoying a life of leisure in Florida that includes five grandchildren and one French Bulldog.

One of seven children, Tim was a “military brat” and when his father was transferred to Ft. Bliss, he enrolled Tim at Cathedral for his last two years of high school. Taught by Christian Brothers, he graduated in 1962. Tim tried college but says he bombed out and joined the military. He credits his three years in the Army with motivating him to get a good education and good jobs. One of Tim’s favorite sayings is, “They are able because they think they are able!” He discovered it after attending his 50th high school reunion and it reminded him of one of the lessons he learned when he left “La Cate”.

Tim attended Florida Technological University, now the University of Central Florida, where he received a Bachelor of Science in Engineering and went on to get a Master’s Degree in Building Construction at The University of Florida. He spent more than 40 years in project and construction-management, at one point serving as operations manager for URS Corporation, the country's largest engineering design firm. He worked on a new NBA Arena, a new MLB baseball stadium, the renovation of a major football stadium, multiple performing arts facilities, oil pipelines, refineries, gas plants, and offshore oil facilities in many faraway places including Saudi Arabia, Russia, Sumatra, Brazil, Norway, Korea, and Oman.

He shared, “I made my bequest to Cathedral High School because I very much believe in the mission of providing resources to those who have not had the opportunities that I had growing up. When we were in El Paso for my 50th and saw the success rate of the Cathedral graduates, I was floored and decided to do what I could to help future students with needs become successful.” Tim credits his Dad and Cathedral for being his greatest influences and said his mother taught him to have an open mind.

I was inspired by the Gospel: Therefore, stay awake, for you know neither the day nor the hour.

Anonymous

Our donor has been a faithful supporter of the Catholic Foundation and believes it's important to help further our mission.

They know that the Catholic Foundation is a philanthropic leader that makes an impact on thousands of people living in ten counties in the Diocese of El Paso and that it's important to partner with the Catholic Foundation to make a difference. That's why they have made several gifts over the years and are leaving a bequest. They've been careful and saved for retirement. They plan to be generous with their family and also have the ability to be generous with the Catholic Foundation.

Resources to Help You

Sample Bequest Language

If you have included the Catholic Foundation for the Diocese of El Paso in your will, or other estate plan, please let us know. We would like to thank you for your commitment and generosity, ensure that your gift designation is clearly understood and to recognize you as a member of the Bishop's Bequest Society.

Legacy gifts play a vital role in the Catholic Foundation’s ability to increase its support of the people within the Diocese of El Paso for years to come. The goals of the Bishop's Bequest Society are to thank and honor those who have included the Catholic Foundation in their estate plans and to serve as a resource to others considering a legacy gift. We hope that you will consider becoming a member.

Benefits of making a bequest

  • Leaving a lasting legacy
  • Lessen the tax burden on your family
  • Possible estate tax savings

How to make a bequest

A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or the Catholic Foundation as part of your estate plan.

A bequest can be made several ways

  • You can gift a specific dollar amount or asset
  • You can gift a percentage of your estate
  • You can gift from the balance or residue of your estate
  • You can make a beneficiary designation of certain assets

Sample Language

In order to make a bequest, you can do so using FreeWill or you can speak with your attorney. Your attorney can help you include a bequest to your parish, school, favorite ministry or charity, or to use where most needed in your estate plan. We have provided some basic bequest language to assist you and your attorney.

FOR A SPECIFIC AMOUNT
"I bequeath to the Catholic Foundation for the Diocese of El Paso, a Texas non-profit corporation, the sum of _______ dollars ($_____) for the BLANK Fund." The Catholic Foundation for the Diocese of El Paso Tax Identification Number is 74-2983483.

FOR A SPECIFIC PURPOSE
"
I bequeath to the Catholic Foundation for the Diocese of El Paso, a Texas non-profit corporation, the sum of _______ dollars ($________) to be used for (charity, parish, school, ministry)_________________ Endowment Fund." (Please contact the Foundation and we will supply precise language to convey your intention. A minimum gift of $10,000 is required to establish a named endowment fund. Lesser amounts may be added to existing endowment funds). The Catholic Foundation for the Diocese of El Paso Tax Identification Number is 74-2983483.

FOR A SPECIFIC PIECE OF PROPERTY
"I bequeath to the Catholic Foundation for the Diocese of El Paso, a Texas non-profit corporation, my _________ (art collection, etc.)." (Note: Bequests of real property require special handling). The Catholic Foundation for the Diocese of El Paso Tax Identification Number is 74-2983483.

FOR A PERCENTAGE OF YOUR ESTATE
"I bequeath to the Catholic Foundation for the Diocese of El Paso, a Texas non-profit corporation, ___% of my adjusted gross estate as finally determined for federal estate tax purposes." The Catholic Foundation for the Diocese of El Paso Tax Identification Number is 74-2983483.

FOR YOUR RESIDUARY ESTATE
"I devise and bequeath the residue of the property owned by me at my death, real and personal and wherever situate, to the Catholic Foundation for the Diocese of El Paso, a Texas non-profit corporation.” The Catholic Foundation for the Diocese of El Paso Tax Identification Number is 74-2983483.

The Catholic Foundation for the Diocese of El Paso Tax Identification Number is 74-2983483.

Learn More

FreeWill

To thank you for supporting the future of our Catholic faith, we’d like to share FreeWill, a free estate-planning tool to help you support your own future. Take 20 minutes to write your will and protect your blessings. Get started on your free will here.

Learn More

Bequest Letter of Intent

Legacy gifts play a vital role in the Catholic Foundation’s ability to increase its support of the people within the Diocese of El Paso for years to come. The goals of the Bishop's Bequest Society are to thank and honor those who have included the Catholic Foundation in their estate plans and to serve as a resource to others considering a legacy gift. We hope that you will consider becoming a member.

Benefits of making a bequest

  • Leaving a lasting legacy
  • Lessen the tax burden on your family
  • Possible estate tax savings

How to make a bequest

A bequest is one of the easiest gifts to make. With the help of an advisor, you can include language in your will or trust specifying a gift be made to family, friends or the Catholic Foundation as part of your estate plan.

A bequest can be made several ways

  • You can gift a specific dollar amount or asset
  • You can gift a percentage of your estate
  • You can gift from the balance or residue of your estate
  • You can make a beneficiary designation of certain assets
Letter of Intent

Get Started

Contact Major Gifts Officer Sofía Larkin at (915) 872-8412 or slarkin@elpasodiocese.org to get started. She can provide you with a Bequest Letter of Intent, a one page document that is easy to complete. Once you've filled out the form and made your wishes known, the Catholic Foundation will add your name to the Bishop's Bequest Society. You can amend or change it any time by notifying the Catholic Foundation.