top of page
Planned Giving
Ensuring the future of Holy Apostles Catholic Parish & School
If you are retirement age, you may be able to make a distribution each year from your traditional IRA. Qualified Charitable Distributions(QCD) can be allocated to Holy Apostles. For guidance, please contact your financial or tax advisor.
Type of Gift | Benefit to Parish | Benefit to Donor |
|---|---|---|
Bequest in a Will | Bequest could be held in perpetuity and invested to fund special needs. | ●Possible estate-tax deduction.
●Perpetual-gift opportunity.
●No cost to you during your lifetime. |
Charitable Gift Annuity | Assets that are not used in paying annuity to the donors or others benefit the parish. | ●Guaranteed fixed income for life.
●Portion of income is tax free.
●Deferred tax deductions. |
Life Insurance | The parish receives full face value of policy upon death of the donor, or may receive certain surrender value prior to donor’s death. | ●Surplus life insurance can be converted to a gift.
●Income-tax deduction for value of the policy when transferred.
●Premium payments may be deducted as gifts.
●Possible estate-tax deductions. |
Charitable Remainder Trust | Annuity is paid to the donor or other beneficiaries. Upon the death of the donor or last surviving income beneficiary, the remaining assets benefit the parish. | ●Variable or fixed income payments.
●Deferred income if desired.
●Possible income-tax and estate-tax deductions and avoidance of capital gains tax. |
Retirement/IRA | Significant gift upon death of the donor benefits the parish. | ●Income-tax and estate-tax savings for substantial portion of gift.
●Protect heirs from tax liabilities. |
Appreciated Stock | Shares will be sold; the full value of the assets will be fund parish needs. | ●Avoidance of capital-gain tax.
●Income-tax deduction for full market value on date of gift.
●Possible estate-tax deduction. |
With questions, please contact our Stewardship & Engagement Coordinator, Dan Brever, via dbrever@hanb.org or 262-786-0472.
“Honor the Lord with your wealth, with first fruits of all your produce; Then will your barns be filled with grain, with new wine your vats will overflow.” –Proverbs 3:9-10
bottom of page