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The Torchbearer Society

 Torchbearer SocietyMany of our alumni, parents and friends have included St. Pius X High School in their wills or estate plans but have not had the opportunity to tell us. If your plans include a bequest to St. Pius X that will one day leave a legacy for our students, please let us know. We would like to thank you for your generous commitment and welcome you to The Torchbearer Society.

Future support from people like you ensures we continue to provide a strong Dominican, Catholic education for generations of students to come. And by sharing your intentions, we can keep you informed of our mission to uphold the high standards of education which you have come to know and cherish.

A bequest is a simple way to support St. Pius X while retaining control of your assets during your lifetime. We can be named as the beneficiary of your will, trust, retirement plan, life insurance policy or financial accounts. So whether you are taking those first important steps towards planning your estate or updating your estate plan, contact us today.

Torchbearer Society Members
Dr. Elaine Adams
Mrs. Cheree Alexander
Mr. Craig Alexander
Mr. James Black
Sister Thomas Aquinas (Ruth) Coburn, O.P.+
Ms. Beatrice Ermis +
Mrs. Cecilia Marron Ghadban '67
Mr. Victor J. Green '68
Mr. Colin Hageney
Mr. Dennis Heinrich '76
Mrs. Debra Johnson
Mr. Douglas B. Johnson
Mr. David Kem
Mrs. Janice Schneider Lahr '60
Mrs. Kay Laro +
Paule Anne Lewis
Richard Lewis
Ms. Jean Linn
Mr. Ralph Marek
Sister Carol Mayes, O.P.
Mr. John T. McMahon
Mrs. Barbara McMahon
Mr. Angelo Palazzolo '70+
Mrs. Mary Palazzolo +
Ms. Judith Raines '66
Mrs. Ruth Daly Riepe
Ms. S. Laurie Roach '79
Mr. Stephen Ronczy
Mr. Charles R. Wagner
Mrs. Theresa Wagner
Mr. Charles F. Wayte
Mrs. Janet Wayte

+ Indicates deceased

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811 West Donovan Street Houston TX, 77091-5643
713.692.3581

A charitable bequest is one or two sentences in your will or living trust that leave to St. Pius X High School a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state ZIP], give, devise and bequeath to the St. Pius X High School Foundation [written amount or percentage of the estate or description of property] for [stated purpose]."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to SPX or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to SPX as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to SPX as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and SPX where you agree to make a gift to SPX and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

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Please include an '@' in the email address