Leaving Behind a Lasting Legacy

• Use accumulated assets to grow a fund for giving.
• May avoid capital gains tax on appreciated assets.
• Take a charitable deduction, if your tax situation allows.
• Avoid taxes on the fund’s growth

Help the parish or school ministry you care about with a gift from a Donor Advised Fund

The establishment and utilization of a Donor Advised Fund can make for a great opportunity to make a gift either now or in the future. A Donor Advised Fund provides a solution to fulfill one’s giving goals. Consider the advantages when compared to a traditional investment portfolio or family foundation. 

Generally, a donor-advised fund is a separately identified fund or account that is maintained and operated by a section 501c3 organization, which is called a sponsoring organization. Each account is composed of contributions made by individual donors. Once the donor makes the contribution, the organization has legal control over it. However, the donor, or the donor’s representative, retains advisory privileges with respect to the distribution of funds and the investment of assets in the account

• Avoid capital gains.
• Take a charitable deduction, if your tax situation allows.

• Exclude a QCD from taxable income.
• Apply the QCD to your Required Minimum Distribution (RMD).

Help your Parish or a ministry you care about with a gift from you IRA

If you take a distribution from your IRA this year, you will likely pay more in taxes and may even reach a higher tax bracket. Instead, we invite you to rollover part of your IRA’s RMD, or ‘required minimum distribution,’ to impact a Catholic ministry and at the same time reduce your tax bill while supporting its mission.

• Retain control of your assets during your lifetime.
• Reduce income taxes and potential estate tax for heirs.
• Pass other more favorably taxed property to your heirs.

Having a will or estate plan in place not only avoids confusion but can also support St. Pius X Catholic Church in continuing it's mission. Your options could include gifting:

• A percentage of one’s estate
• A specific amount
• Specific property, such as stocks, bonds or real estate
• Part or all of the residue of one’s estate – whatever is left after all beneficiaries have received their bequests
• A combination gift arrangement, such as a percentage plus the residue

Giving options for land and commercial real estate

Similar to the donation of stock/securities, other forms of appreciated assets such as land or real estate can be donated for the benefit of your parish or Catholic Community.

• Vacant Development Land
• Commercial Rental Property
• Company Building or Manufacturing Facility

St Pius X has been blessed with generous support and the financial resources to do God’s work in our community. With a culture of stewardship and a loving spirit, we gather and share the resources for our spiritual development and for our service to our community. Those who have gone before us have endowed our Church with substantial gifts to sustain our work and guarantee the long-term financial health of our Church.