St. Mary's Seminary & University

Support Us

Giving to the Annual Fund

The Annual Fund of both St. Mary’s Seminary and St. Mary’s Ecumenical Institute (EI) helps support ongoing operations on an annual basis. Your gifts enable us to provide the best possible programs for our seminarians and the men and women enrolled in the EI.

We gratefully accept online donations to the Annual Fund via PayPal. PayPal does not require you to have a PayPal account to donate to St. Mary’s Seminary or to St. Mary’s Ecumenical Institute. To make a one-time or recurring donation via PayPal, please click the button below.

Gifts can also be mailed to:

Advancement Office
St. Mary’s Seminary & University
5400 Roland Avenue
Baltimore, MD 21210

For more information, contact the Advancement Office at 410.864.4264.

Giving to Special Projects

We also seek gifts for special capital projects authorized by the Board of Trustees. In recent years, St. Mary’s Seminary & University has sponsored successful campaigns for renovations and major building projects as well as endowment campaigns in both St. Mary’s Ecumenical Institute and the School of Theology. If you are interested in a list of current gift opportunities, please contact the Advancement Office 410.864.4262.

Ways of Giving

There are a number of different ways of making a major gift, whether during your lifetime or as a legacy. The Advancement Office will be pleased to assist you with any questions you have.

During Your Lifetime


St. Mary’s Seminary & University established the Heritage Society in 1990 to honor alumni and friends who value our past and are committed to our present and future. By including St. Mary’s in their gift and estate plans, this special group will enable the Seminary to continue the strong tradition of academic and theological excellence which began in 1791. Gifts from your estate could also be restricted to St. Mary’s Ecumenical Institute and The Center for Continuing Formation. All three divisions of St. Mary’s Seminary & University are strengthened by the generosity of our donors.

Since 1990 St. Mary’s Seminary & University has received over $7,000,000 from 160 alumni and friends have remembered St. Mary’s in their estate plans and there are currently 165 members of the Heritage Society. St. Mary’s is grateful to those who have made this commitment and allowed this historic institution to continue to thrive now and in the future.

If you have a special interest in St. Mary’s, St. Mary’s Ecumenical Institute, or another area of the institution and would like to restrict your gift, please make your intentions clear on all legal documentation and alert the Office of Institutional Advancement of your decision. St. Mary’s respects the privacy of our benefactors and will keep your gift confidential if requested.

If you have any questions about the opportunities for giving through your estate please call our Advancement Office at 410.864.4264.

Ways of Giving: Details

Outright Gifts

Outright giving is a popular method of making a donation to St. Mary’s because of the income tax advantages. Giving appreciated securities or property to the Seminary may entitle you to an income tax deduction for the full fair market value of the security or property, while allowing you to avoid the capital gains tax on the appreciation.



Increasingly, more alumni and friends are remembering St. Mary’s in a personal and enduring way by naming the institution as a beneficiary in their wills. A will allows you to make a more substantial contribution than might otherwise be possible, while at the same time permitting the most flexible use of available resources during your lifetime. The following are some specific ways to include St. Mary’s in your will.

~Make a list of your property. This includes real estate, life insurance, securities, works of art, etc.
~Note how you would like these things allocated. Do you have any specific wishes for the property? List the people you would like to remember, along with their ages, addresses, and relationships to you.
~List the full legal names and addresses of the charitable organizations you would like to benefit.
~Name an executor and an alternate executor in case the executor is unable to serve. It can be a family member, friend, a trust company, or a corporation. The executor will handle the payment of your debts and the distribution of the estate. In order to help your executor with this sometimes difficult process, make a list of all your property with its location and value. Keep the list where it will be easy to locate and remember to update it periodically.
~Gather together your recent income tax records, social security number, company pension and profit-sharing information, bank and brokerage statements, deeds for real estate, and life insurance policies to take with you to the attorney’s office.


Life Insurance

You will need to obtain a qualified appraisal of the donated policy. If you have any questions about setting up an insurance policy or the tax benefits, contact your life insurance agent, accountant or attorney.


Retirement Benefits

Designating the Seminary as a beneficiary of your retirement plan, including an IRA, 401(k) account, or 403(b) plan, is an easy and tax efficient way to benefit St. Mary’s. Distributions from a tax-qualified retirement plan are generally taxable to beneficiaries as ordinary income. Because it is a charitable organization, St. Mary’s will not pay income tax on the retirement account and will benefit from its full value. Funding your bequest to the Seminary from your retirement plan may result your heirs receiving assets without an income tax burden, thereby resulting in a greater net inheritance for them. The Seminary can be named as the sole primary beneficiary of your retirement plan, as a co-beneficiary, or as a contingent beneficiary, similar to life insurance policy designations. It is not recommended that you name your estate as beneficiary of your retirement plan or that you direct that your retirement assets be used to fund a monetary bequest to St. Mary’s in your Will.

Charitable Gift Annuity

A charitable gift annuity is a contract between you and St. Mary’s, whereby you irrevocably give cash or property to St. Mary’s with the agreement that St. Mary’s will pay you and/or your beneficiary a set dollar amount for life. The charitable gift annuity does not involve a trust; therefore, St. Mary’s has immediate use of the gift. Your benefits can be immediate or deferred.

For an immediate gift annuity, you will be paid a fixed percentage of the value of your annuity which is based on the age of each beneficiary (up to two individuals). You will receive an immediate tax deduction the year you make the contribution and part of the payments you will receive each quarter will be tax free. The annuity rate and the amount of your deduction increases with the age of each beneficiary.

With a deferred charitable gift annuity, you would decide when you want to begin receiving payments from the annuity (any time after your sixtieth birthday). You would still take a tax deduction for the annuity the year you make the gift, but because you are deferring the payments you may receive a larger tax deduction, as well as larger annuity payments when they start. The deferred annuity is a good option for a younger donor who would like to receive an immediate charitable income tax deduction and would like to supplement his or her income during retirement.


Charitable Remainder Trust

A charitable remainder trust is another excellent option for supplementing your income while providing a gift to St. Mary’s. With a charitable remainder trust, you give cash, appreciated securities, or other liquid assets to a trustee (either a trust company, a lawyer, or someone with knowledge of trusts) with the understanding that the trustee will pay you and/or one or more beneficiaries an annual amount for each beneficiary’s life or a period of years (not to exceed 20). After the death of the last beneficiary (or the expiration of the term of years), the trust is terminated and the remainder passes to St. Mary’s. You will receive a charitable income tax deduction the year the trust is established for the current value of the remainder interest.

There are two types of charitable remainder trusts. They differ in the way the annual payment is calculated.

The charitable remainder annuity trust will pay you annually a fixed amount of the trust’s initial value. For example, you could establish a trust for $100,000 with a 5% annuity payment ($5,000/year). If the trust appreciates to $150,000, you would still receive $5,000 per year. Additional trust earnings and appreciation not paid to you would be added to the trust principal. Likewise, if the trust experiences a deficit, the payments would be deducted from the principal. A charitable remainder annuity trust cannot accept additional gifts once established.

A charitable remainder unitrust will pay you a fixed percentage of the trust’s assets as valued annually. For example, you could establish a trust for $100,000 with a 5% unitrust payment. If the trust appreciates to $150,000, you would receive a payment of $7,500 for the year. Likewise, if the trust depreciates to $80,000, you would receive $4,000 for the year. A charitable remainder unitrust can accept additional gifts once it is established.


Charitable Lead Trust

A charitable lead trust is the opposite of a charitable remainder trust. With a lead trust, St. Mary’s would receive payment from the trust for a predetermined number of years, after which time the trust would terminate and the remainder would pass to named remainder beneficiaries (usually your family members). This type of trust may remove assets from your estate while allowing the appreciation to pass to a family member either tax free or at a reduced tax rate while helping St. Mary’s. The gift and income tax consequences of charitable lead trusts can be complex, so you should consult your tax advisor.