Ways to Support the Catholic Foundation
Outright Gifts
The Catholic Foundation is pleased to accept the following outright gifts:
Outright gifts are convenient and provide an immediate benefit to the Foundation and its ministries. Gifts of securities are encouraged when supporters have the desire to make a charitable gift and avoid capital gains tax. Gifts of real estate may be accepted upon approval in accordance with the Foundation's policies.
Bequests
A gift in your will is an excellent way to support one of the Foundation's
endowments, or to create a new endowment. You can make a specific gift amount
in your will, name a percentage, or make the Foundation a beneficiary of the
remainder of the estate.
IRA Gifts
Naming the Foundation as a beneficiary of an IRA or other qualified retirement
plan may save your heirs and your estate a potential tax burden. The gift
can be made simply, by using your beneficiary designation forms.
Charitable Gift Annuity
A gift annuity is an attractive way to make a charitable gift, while at the
same time receive guaranteed annual annuity payments. Your gift allows for
a tax deduction and a portion of your annual annuity is tax-free. Annuity
rates can range from 5-11% depending on your age.
Charitable Trusts
There are several types of charitable trusts that you can create to support
the Foundation and you. A charitable trust is an attractive way to sell a
highly appreciated asset tax free, and reinvest it to provide you with a lifetime
of income. A charitable trust can also be flexible to allow you to make future
contributions and receive additional income tax deductions.
Life Insurance
May times an old life insurance policy is no longer needed. Simply name the
Foundation as a beneficiary. You could also name the Foundation as the owner
and beneficiary of a new policy.
