Current and Future Gifts Help St. Sebastian’s to Thrive
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Mark O’Friel ’79 was committed to ensuring that future generations of Arrows benefit from the education and values that make St. Sebastian’s a special place. At the time of his gift, Mark expressed, “St. Sebastian’s is a mission-driven school that fills a really important niche in Boston, and I want to make sure it continues to thrive.”
Mark served nine years on the Board of Trustees, including as Chair of the Endowment Committee and a member of the Long-Range Planning Committee. Mark was inspired to make a planned gift because he could see the potential impact of such bequests on strengthening the School and supporting the School’s long-term goals. In addition to giving to the annual fund and capital campaigns, the decision to make a future bequest from an IRA was an easy one. IRA assets are ideal to transfer because of the heavy tax burden if paid to non-charitable beneficiaries and the advantage of deferred giving. It’s also very simple to change the beneficiary on your IRA and does not involve a lawyer to update your will.
Mark, a true Arrow, sadly passed away on April 16, 2024. God Bless Mark and his family.
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