PLANNED GIFTS

PLANNED GIFTS

The benefits of Planned Gifts include:

• Maximizing your charitable contribution
• Allowing advantageous tax deductions under both state and federal law
• Turning appreciated assets into income for yourself and/or other family members

The different types of planned gifts you can make to Catholic Charities include:

Bequests and Wills

One of the simplest ways to make a planned gift is to include Catholic Charities in your will or trust. The generosity and thoughtfulness of those who name Catholic Charities in their wills is most appreciated and necessary to help Catholic Charities continue to meet basic human needs. Catholic Charities encourages bequests that provide the greatest flexibility to meet the critical needs that change over time. Bequests can be designated to a particular program.

Bequests to Catholic Charities are fully deductible as charitable gifts for federal estate-tax purposes and, in most cases, for state death-tax purposes.

Charitable Gift Annuities

Making a gift to Catholic Charities through a charitable gift annuity provides you with annuity payments for the remainder of your lifetime, with the remaining amount of your gift going to Catholic Charities at your death. The annuity rate is based on your age at the time that you make your gift.

In exchange for your gift of cash or marketable securities to Catholic Charities, we agree to pay you (and a survivor or other beneficiary) a fixed amount annually for your lifetime. The transfer is part gift and part purchase of an annuity. The rate of return is attractive and the payments are guaranteed for life.

Charitable Trusts

Charitable remainder trusts are irrevocable structures established by a donor to provide an income stream to the income beneficiary, while the public charity or private foundation receives the remainder value when the trust terminates.

Charitable lead trusts make payments, either of a fixed amount (charitable lead annuity trust) or a percentage of trust principal (charitable lead unitrust), to charity during its term. At the end of the trust term, the remainder can either go back to the donor or to heirs named by the donor.