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Ways to Give to University of Saint Mary of the Lake/Mundelein Seminary

Click here to reach out to our team, in confidence, and discuss the ways in which you may support USML/Mundelein Seminary and become a member of our Saint Mary of the Lake Legacy Society.

If you are able to give assets now….

By giving cash, you may receive tax benefits from one or both CARES Act provisions.

Give online with a credit card here.

Give with a credit card by phone by calling: 847-970-4816

Give by mail by making checks payable to: “University of Saint Mary of the Lake/Mundelein Seminary” and send to the following address:
Donor Relations
University of Saint Mary of the Lake/Mundelein Seminary
1000 East Maple Avenue
Mundelein, IL 60060

If you have held stocks for more than one year, you may gift shares to USML/Mundelein Seminary, avoid paying any capital gain tax and possibly take a tax deduction for the current fair market value (up to 30% of the donor’s adjusted gross income).

Even with current volatility in the stock market, you may have owned stocks for years or decades, and the current value of your shares may still exceed their purchase price (cost basis).  This type of stock makes an effective giving asset. 

To make a gift of stock, please use this stock donation letter of intention.  To review the stock/mutual fund donation procedure, please click here.

Although the CARES Act eliminated required minimum distributions for 2020, donors who are 70½ may still make direct gifts up to $100,000 to USML/Mundelein Seminary.

If you have a Donor-Advised Fund (DAF), USML/Mundelein Seminary can accept gifts of any size from your DAF.

Please send gifts from your donor-advised fund to:

Legal Name:  Saint Mary of the Lake Seminary d/b/a USML/Mundelein Seminary
1000 East Maple Avenue
Mundelein, Illinois 60060

Tax ID#: 36-2171077

Through this simple contract, a donor can make a gift of cash or stock and secure fixed payments for life.

With appropriate approval, USML/Mundelein Seminary may be able to accept proposed gifts-in-kind such as art, automobiles, books, equipment, software, vessels, inventory, personal property and other physical assets, materials or services.  Please contact Corinne Callender, Strategic Philanthropy Coordinator, at 847-970-4873 or ccallender@usml.edu to learn more about making these gifts.

If you are looking for ways to give in the future…

Making a future gift through your estate (will or trust) is a beautiful demonstration of your commitment to USML/Mundelein Seminary. You can simply add a charitable provision if updating your will/trust or create a codicil that can be an addendum to your existing plan.

 To make a charitable provision for USML/Mundelein Seminary, you and your attorney may want to consider using the language below in your will or trust.  

“I give and bequeath $_____ or _____% of my estate to the University of Saint Mary of the Lake/ Mundelein Seminary as an unrestricted gift.”

Legal Name:  Saint Mary of the Lake Seminary d/b/a USML/Mundelein Seminary
1000 East Maple Avenue
Mundelein, Illinois 60060

Tax ID#: 36-2171077

Should your plans include restricting your gift for a particular program, please contact Holly Gibout, Vice President of Development at 847-970-4929 0r hgibout@usml.edu 

Simply name USML/Mundelein Seminary as a beneficiary of your retirement account and your legacy gift will fund the formation of our future parish priests.

Legal Name:  Saint Mary of the Lake Seminary d/b/a USML/Mundelein Seminary
1000 East Maple Avenue
Mundelein, Illinois 60060
 

Tax ID#: 36-2171077

Paid insurance policies can be effective assets to donate as a charitable gift or simply name USML/Mundelein Seminary as a beneficiary of your policy.

* Prospective donors are urged to consult with their personal legal, tax and/or financial advisors concerning the specific consequences of making philanthropic gifts to USML/Mundelein Seminary. 

* Donors who make these kinds of legacy gifts to USML/Mundelein Seminary will become members of our Saint Mary of the Lake Legacy Society.

Please contact us to discuss, in confidence, these ways in which you may support USML/Mundelein Seminary and become a member of our Saint Mary of the Lake Legacy Society.

2018 Annual Report

Making a Gift

When you make a charitable gift to the University of Saint Mary of the Lake/Mundelein Seminary, you are joining thousands of supporters who help provide the best environment for these men to strengthen their knowledge and faith as they prepare to spend a lifetime in priestly ministry to serve the faithful here and around the country and the world. Even a little goes a long way.

You may call our office with any questions, Monday – Friday, 9:00 a.m. – 4:00 p.m. at 847-970-4816.