Our parish has always depended on the generosity of our parishioners and friends, and the challenges of tomorrow are no exception. There are many ways we can show our support, including the following:
Sunday and Holy Day Collections
Certainly the best way to support our parish is to attend Mass weekly and to provide our financial support through our weekly envelopes or through electronic giving.
GiveCentral and Electronic Giving
We strongly encourage electronic giving because it is safe, convenient and dependable. Our preferred platform is GiveCentral. Just go to GiveCentral.org and follow the easy prompts to set up your account, which can be used for Sunday giving, Holy Days such as Christmas and Easter, and for a wide variety of other parish events.
Direct Gifts to Our Endowment Funds
Our parish's financial future is strengthened by our endowments and other long-term savings. This is how we provide for unexpected major expenses such as the sudden need to replace our Basilica ceiling in 2017-18 and to repair our bell tower in 2019-2020, as well as to provide assistance to our school. Use GiveCentral or contact the rectory to make a gift to these funds, which are retained 100% here in the parish.
Direct Charitable Contributions from Your IRA
If you are 70-1/2 or older you are allowed to make direct transfers from your IRA to our parish up to $100,000 annually. This transfer will count against your Minimum Required Distribution and the parish will receive 100% of your contribution. This can be an ideal situation for those who do not itemize deductions since the withdrawal is not considered taxable income.
Gifts of Appreciated Securities
If you are in the fortunate position of having appreciated securities you might consider a gift of that stock rather than selling the stock and donating the proceeds net of capital gains tax. A direct gift of that stock to the parish avoids the capital gains tax, thereby increasing your gift to our parish and your own charitable deduction.
Ways to Provide for Future Gifts
Many parishioners know that their ability to support our parish may be limited due to their current housing, medical and other expenses. However, they also know that including our parish in their estate planning may be an alternative that provides them the comfort that they have made the right provision for the parish they have known for many years, by naming our parish in their wills, trusts or beneficiary designations (such as in life insurance, IRA accounts, donor advised-funds or 401k plans).
For more information about providing for our parish,
please contact our business office at 773.736.6060.