Maggie Kennedy
Margaret O’Shea Kennedy always felt grateful for the education she received from the Sisters at Mt. Carmel School in Redwood City and at Notre Dame Belmont (NDB). That education was quite an influence on her career, with Maggie becoming a teacher and elementary school principal. Maggie, who graduated from NDB in 1945, wanted to make a significant gift to NDB and to the retired Sisters.
Maggi found a flexible and easy way to do this, by designating in her trust that the Sisters receive her home near San Diego and her vacation house in Palm Springs. The income from the sale of these properties will ensure that the retired Sisters are supported and also help students at NDB who need tuition assistance.
When Maggie died on April 8, 2015, the feast day of St. Julie Billiart, St. Julie must have been part of a big heavenly welcome to Maggi! Her legacy gift is deeply appreciated by the Sisters. May she be blessed a hundredfold.
Gifts of Real Estate
How It Works
- You deed your home, vacation home, undeveloped property, or commercial building to Sisters of Notre Dame de Namur.
- Sisters of Notre Dame de Namur may use the property or sell it and use the proceeds.
Benefits
- You receive an income tax deduction for the fair market value of the real estate.
- You pay no capital gains tax on the transfer.
- You can direct the proceeds from your gift to a specific program at Sisters of Notre Dame de Namur.
Next
- You can donate your property yet continue to use it.
- Frequently asked questions on gifts of real estate.
- Contact us so we can assist you through every step.