All sizes and types of gifts are meaningful and important for St. Mary’s to successfully complete the $20 million goal of the New Church Campaign. Of course, the most common and simplest method of funding a cash gift from your income stream. There are also other methods of giving that allow donors to contribute larger gifts at lower costs. Structured and well-planned gifts from total wealth can dramatically elevate the ability to make a more generous gift.
While considering how to fund your pledge, we do hope that you will consider the following examples of creative asset-based giving. For additional assistance, please contact Frank Shannon at 979-846-5717 or firstname.lastname@example.org.
|Your Goal||Your Gift||How to Make the Gift||Your Benefits|
|Make a quick and easy gift||Cash||Write a check, make a donation on the website, ask St. Mary’s to put it on your credit card||Income tax deduction|
|Make a quick and easy gift||Transfer of Stock||Request a stock transfer form from St. Mary’s and transfer stock directly to the New Church Campaign||Income tax deduction and avoidance of capital gains tax|
|Create and/or increase income from assets; Create a hedge against inflation over the long term||Charitable Remainder Trust||Create a trust that pays you a fixed or variable percentage of the trust’s assets, valued annually||Immediate income tax deduction, annual income for life that has potential to increase, remainder of the corpus passes to St. Mary’s|
|Reduce gift and estate taxes on assets passing to heirs||Charitable Lead Trust||Create a trust that pays St. Mary’s a fixed or variable income for a set term, and the remainder passes to your heirs||Reduced size of taxable estate; keeps asset in family with reduced tax ramifications|
As with all legal and financial matters, we recommend that you consult with your personal legal, tax, and/or financial advisors before funding your gift.
Please note that this document is subject to tax law changes.