Giving cash is as simple as writing a check to the Catholic Community Foundation or clicking “Give Now” to use your credit card to give to the endowment fund of your choice. Your contribution will impact your parish, school or ministry right away.
Giving appreciated stock you have owned for at least one year is one of the most popular ways to support charitable causes because it is quick and simple to transfer securities. You can also save on capital gains tax. If you have bonds, mutual funds or closely held stock, contact us to discuss a possible gift. You can make a gift of securities in your will, or use them to create endowment funds, donor advised funds, charitable gift annuities, charitable remainder trusts and charitable lead trusts.
Retirement Plan Assets
An easy way to make a planned gift is to name an endowment fund as the beneficiary of your IRA, 401K or other retirement plans. Charitable giving from a retirement plan may be a better choice than leaving it to your heirs in your will, as they can be heavily taxed.
Leaving life insurance that has outlasted its original purpose to the Catholic Foundation or one of our funds as the beneficiary not only provides you with tax benefits, but it enables you to make a larger gift than you could with cash. You can use existing paid-up policies or set up a new policy.
You can make a gift of personal property such as art collections, collections of other valuables, and even the entire contents of your home. Your gift of personal property can be used to make a gift to a current fund or to create a new fund.
You can give a gift of appreciated real estate such as your home, farm, undeveloped land, vacation property or commercial property. You can donate a portion of your property before it is sold or leave real estate in your will to one of our current funds or use it to create a fund upon your death. It preserves cash, gives lifetime income, and provides significant tax advantages.
Assets from Charitable Remainder Trusts
You can name the Catholic Foundation or one of our funds as the beneficiary of a Charitable Remainder Trust.
Donating a portion of your business (including S Corporations, C Corporations, LLCs and Limited Partnerships) before you sell decreases your capital gains taxes and increases your generosity. A start-up business can also donate a portion of the early shares of the company to charity. You can also donate assets from your business.
Closely Held Stock
Giving closely held stock is a way to make a sizeable charitable gift and receive many tax advantages. It can be used to create a donor advised fund or an endowment fund. It can also be used to create a charitable gift annuity, lead trust or charitable lead trust that can provide lifetime income.