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Giving Now

Improve your financial and tax situation

 

As people of faith, many of us hope to do something to make this world a better place for others. As people with ever-changing financial circumstances, however, we tend to plan it for "some day."

 

Through strategic gift planning with the Maryknoll Sisters, you can take care of "some day" today.

 

Planned gifts that are carefully designed to match your circumstances can help you achieve your goals and and help us all make the world a better place. In fact, the best gift plans also improve the donor's financial and tax situation, often right away.

 

There are several ways you can plan to make a gift to the Maryknoll Sisters. The option(s) you choose depends on your unique circumstances and financial objectives. This section highlights the ways you can give now and still enjoy tax benefits and economic security.

E-Mail PlannedGiving@mksisters.org or Call Sr. Anastasia Lott at (866) 662-9900 for more information.

 

Cash Gifts
An outright gift of cash is the simplest way to give.

 

Appreciated Securities
Maximize the value of a gift and minimize after tax cost.

 

Charitable Gift Annuity
Receive fixed income for life that is partially tax-free.

 

IRA Donations

Donate from your Individual Retirement Account. 

 

Charitable Remainder Trust (Unitrust)
Create a hedge against inflation.

 

Gift of Life Insurance
Make a large gift with little cost to you.

 

Memorial Gifts
Pay tribute to the memory of a loved one.



 

Real Example

 Kathryn, who is in the 28% income tax bracket had securities valued at $30,000, which she purchased many years ago for $7,500. She contributed the securities to the Maryknoll Sisters and realized a $30,000 charitable deduction that saves her $8,400 in income taxes. In addition, Kathryn avoided the potential capital gain tax on her $22,500 paper profit for a further savings of $4,500.

So the net cost of the gift of $30,000 of appreciated stock is $17,100 In other words, the cost of the gift is only 57% of the face value of the gift of securities.

 

Case Studies are composites of Maryknoll Donors. The names and images are fictional but the cases use real data and situations.

 

Disclaimer: The material presented in this web site is not offered as legal or tax advice. You are urged to seek the advice of your tax advisor, attorney, and/or financial planner to make certain a contemplated gift fits well into your overall circumstances and planning.