Investments and Planned Giving


Learn about the tools that St. Mary has developed to allow for giving of appreciated assets. Some examples include:

Transfer Ownership of Stocks, Bonds, or Mutual Fund Shares 

Receive an immediate income tax deduction for the full market value of the securities transferred.  In addition, pay no capital gains tax on the difference between the cost and the fair market value.  Since St. Mary is a tax-exempt organization, it does not pay capital gains tax, either.  

Giving Real Estate, Life Insurance, Retirement Assets, Bequests, and Trusts

There are several types of gifts that may fall under this category, many of which are very simple to make. These include:

  • Real Estate or Life Insurance: Simply name St. Mary Parish as a beneficiary
  • Retirement Assets: Name St. Mary Parish as a beneficiary of IRAs, 401(k)s and other qualified retirement plans. Any amounts remaining in the plan(s) will transfer to St. Mary Parish, free of income and estate tax
  • Wills and Bequests in Memory of Loved Ones: Name St. Mary Parish as a beneficiary and your estate will receive an estate tax deduction for the value of the bequest. A bequest written in a will can be made for a percentage of the estate, a specific dollar amount, or for a specific asset, such as stock or real estate

Required Minimum Distributions / Qualified Charitable Distribution

Parishioners aged 70.5 and older may be required to take minimum distributions from their retirement accounts. Under the new tax laws, many have also seen deductions reduced on their 2018 return. If you're taking the standard deduction, please consult your tax and investment advisors about using a Qualified Charitable Distribution to reduce taxable income and maximize the tax benefit for your St. Mary Catholic Faith Community contributions.

If you are interested in any of these ways to give, please contact us.

 


QUICK LINKS

Gifts of Appreciated Stock

Instructions for Giving

Frequently Asked Questions


 

WAYS TO GIVE

Checking or Savings
Automatic Withdrawal
(preferred)

Cash or Check

Credit or Debit

Investments and Planned Giving

Text-to-Give 
(414) 622-1082

Give+ Mobile App


 
Contact Us
 

Daniel Hansen
Director of Administrative Services
(414) 425-2174, ext. 216
Email: HansenD@stmaryhc.org