The Sister Grace Schauf Legacy Society was created in 2009 in honor of Sister Grace
The Sister Grace Schauf Legacy Society was created in 2019 to honor Sister Grace Schauf. She is the last of many dedicated Sisters to be employed at St. Coletta of Wisconsin. Since 1955, she has been a leader, an educator and a pioneer in the field of special education. Sister Grace has dedicated her time and talents to the individuals who live, work and attend programs at St. Coletta. Her dedication started in Jefferson from 1955 to 1964 where she was in the Villa Rieti Group Home and the bakery. “From there, her calling sent her to St. Coletta’s of Illinois and then on to the Kennedy
School.” In 1999, she returned to St. Coletta were she was employed at Coletta James Group Home in Madison. Currently Sister Grace is employed at the main campus in Jefferson where she continues to be on St. Coletta’s switchboard and an administrative assistant for Human Resources. Her tireless devotion to people and her belief in individual achievement inspire all of us to assist the individuals at St. Coletta explore new options and plan their future.
We invite you to join the Sister Grace Schauf Legacy Society with a remembrance in your will or estate plan.
Membership in the Sister Grace Schauf Legacy Society is open to any persons/couple who:
• Names St. Coletta of Wisconsin as a beneficiary in a will, trust, life insurance policy or other related estate plan.
• Makes an life income plan or other planned gift, which names St. Coletta of Wisconsin as a beneficiary
Why Leave a Legacy with St. Coletta?
Planned giving allows you, the donor, to leave a lasting impact on an organization you care deeply about, ensuring your values continue to make a difference for years to come.
Types of Planned Gifts
A bequest is the most common form of planned gift. It involves “leaving a legacy” by specifying in one’s will or estate plan that a portion of one’s assets or a specific amount of money will be donated to a chosen nonprofit organization upon passing.
Donors contribute assets to a nonprofit in exchange for regular fixed payments, often for the rest of their lives. After the donor’s passing, the remaining assets go to the charity.
There are various types of charitable trusts, such as charitable remainder trusts and charitable lead trusts. These allow donors to transfer assets into a trust that provides income to beneficiaries or charities for a specified period, after which the remaining assets go to the designated charity.
Some donors establish private foundations, which are independent nonprofit organizations that they fund and control. These foundations can support charitable causes in perpetuity.
Donors can designate a nonprofit organization as the beneficiary of a life insurance policy, either by transferring ownership or naming the organization as the beneficiary.
In a life estate arrangement, a donor donates a property or other asset to a nonprofit organization while retaining the right to use or live in the property during their lifetime.
It’s important to note that planned giving offers donors various tax advantages, depending on the specific gift type and the donor’s financial circumstances.
Please reach out to your financial advisor with any questions you may have. While St. Coletta of Wisconsin cannot provide financial advice, we can recommend trusted attorneys or financial advisors if you don’t have one.
Please note: These planned gifts may not be legally binding.