There are many ways to give and leave a legacy. The Catholic Community Foundation accepts gifts of cash, appreciated securities, and other assets including real estate, stock, life insurance, retirement assets and more.
“Our donors come to us with a philanthropic passion, something they really care about. Then we can help them make a gift that is meaningful right now in their life and that ultimately can last forever,” said Kelly Webster, vice president of development and donor engagement.
Gifts that make a difference now
- Endowment Fund
A permanent fund which will provide for a parish, school, Catholic agency or a combination of charities in perpetuity.
Provides funding to a designated beneficiary(ies), forever; annual distributions made from earnings; principal is resricted; qualifies for membership in the Legacy Society.
- Donor Advised Fund
One simple, consolidated method of charitable giving to the causes close to your heart.
Provides efficiency for your charitable giving; tax benefits; invested so gifts can grow.
- Addition to Existing Fund
A gift in any amount of cash or non-cash assets.
Easy to do; immediate tax deduction.
Gifts that give back: Income producing gifts
- Charitable Gift Annuity
Receive income for life in exchange for a minimum gift.
Fixed payments; portion of payments are usually tax deductible; rates can be higher than bank CDs; qualifies for membership in the Legacy Society.
- Charitable Remainder Trust
Receive income for life in exchange for a minimum gift.
Fixed or variable payout rate; no capital gains tax on appreciated gift; charitable remainder can become a permanent family endowment; income tax deduction; qualifies for membership in the Legacy Society.
- Charitable Lead Trust
Provide an annual gift to your selected charity for a term of years.
Perfect for individuals in high estate and tax brackets; charity benefits up front while remainder of gift is returned to donor or passed along to heirs; qualifies for membership in the Legacy Society.
Gifts that bear fruit later: Deferred gifts
- Bequest
A designation in your will in which you name a fund at the Catholic Community Foundation as a beneficiary.
Retain use of all assets during lifetime; may designate a percentage or residue of estate after family members benefit first; ensures that your favorite causes continue to receive your support for generations to come; may offset tax obligations at death; qualifies for membership in the Legacy Society.
- Insurance policies or retirement accounts
A designation in which you name a fund at the Catholic Community Foundation as a beneficiary.
Very easy to do; may designate specific dollar amount, percentage or residual of policy or plan after family members benefit first; income tax deduction for cash value of the policy when donated; qualifies for membership in the Legacy Society.
