|
Home > Support
Us > Ways to Give
Support Us Ways to Give
When you make a gift to the Sisters of St. Joseph, you determine how the funds will be used with options for making your gift.
Unrestricted gifts are among the most valuable to the Sisters, because they allow the Congregation to allocate funds wherever the need is greatest. Your unrestricted contribution may be used to support costs associated with ministries, care of the Sisters and much more. Directed gifts allow you to designate your gift for a specific project or ministry of the Sisters of St. Joseph. Types of GiftsWhen you make a gift to the Sisters of St. Joseph, your contribution can be put to work immediately — either providing funding for current programs or creating a reliable source of future income for the Congregation. A gift may be composed of almost any asset of value:
• Cash gifts
• Gifts of appreciated securities, stocks, and bonds
• IRA Charitable Rollover (extended through December 31, 2009)
• Gifts of real estate
• Gifts of personal property
• Planned Gifts - Mother Agnes Spencer, SSJ Legacy Society
• Matching-Gift Programs
• Naming Opportunities • Cash gifts — the simplest and easiest gifts you can make — can be made through credit/debit transactions (link to donate now) , outright cash, or personal checks, cashier’s checks, or money orders made payable to the Sisters of St. Joseph.
• Gifts of appreciated securities, stocks, and bonds also provide considerable tax advantages when transferred to the Sisters of St. Joseph before they are sold. If you have held your securities for more than one year, you may find that your gift will provide a twofold tax benefit, creating an income-tax deduction as well as helping avoid the capital-gains tax that would have been due on their sale.
If you wish to transfer stocks from a broker’s account:
Please provide your broker with the following information:
The Sisters of St. Joseph account is with:
Merrill Lynch
510 Cranberry Street Erie, PA
16507-1077 (814) 453-6811
DTC# 5198
Account# 04301 If you wish to make a gift of physical securities on hand:
Physical stock certificates may be sent by certified mail or overnight express, with endorsement on the back of the certificate(s) exactly as stated on the face of the certificate(s). Do not fill in any other blanks. No stock power is necessary as long as you do not fill in the name on the back.
• IRA Charitable Rollover (extended through December 31, 2009) Special legislation has extended the IRA Charitable Rollover program that allows individuals to make charitable gifts directly ("rolled over") from a traditional or Roth Individual Retirement Account (IRA) without incurring federal income taxes until December 31, 2009.
The following limitations apply:
The donor must be age 70 1/2 or older.
The cap on annual IRA rollovers is $100,000.
The contribution must be a direct gift to a charity (no planned gifts.)
The IRA Rollover was originally included in the Pension Protection Act of 2006. How do I know if an IRA charitable rollover is right for me?
You are at least age 70½, AND
You do not need the additional income generated by the minimum required distribution, OR
Your charitable gifts already equal 50% of your adjusted gross income, so you do not benefit from an income tax charitable deduction for additional gifts, OR
You are subject to the 2% rule that reduces your itemized deductions, OR
You do not itemize deductions.
How do I initiate an IRA charitable rollover? Contact your financial planner where your IRA is invested.
• Gifts of real estate — including personal residences, second homes, income property, and vacant land — offer a wide variety of tax and other benefits.
• Gifts of personal property —in some cases may enable you to make a significant gift to support the Sisters of St. Joseph with tax benefits to you.
• Planned Gifts - Mother Agnes Spencer, SSJ Legacy Society
The Sisters of St. Joseph accept planned gifts, including bequests, life-income plans, charitable gift annuities* and other options for your estate. For information about increasing your income, earning valuable income-tax deductions, and reducing your estate taxes please contact a financial planner or estate attorney.
*A charitable gift annuity, or CGA, is a contract between an individual donor and the Sisters of St. Joseph. The Congregation receives an initial investment of money or property (typically stocks, bonds, or real estate) from the donor and assumes responsibility for managing the investment from that point forward. The Congregation agrees to make fixed payments for the life of the annuitant.
Eligibility:
Minimum Age ~ 70
Minimum Annuity Investment ~ $10,000.00 (Some restrictions are possible)
Types of Annuities Available:
Deferred Gift Annuity
Flexible Annuity
Benefits:
Fixed Income for Life
Guaranteed Payments
Federal Income Tax Charitable Deduction
Capital Gains Tax Savings
Federal Estate Tax Savings
Personal Satisfaction — by making a gift of lasting significance to the Sisters of St. Joseph, you are assured that your intention to continue the mission and ministries of the Sisters of St. Joseph will be honored. • Matching-Gift Programs
An easy way to double or even triple your donation to the Sisters of St. Joseph is to find out if your company has a matching-gift program. Such programs typically match all or a percentage of employee contributions to charitable organizations, making the employer a partner in employees’ personal philanthropy. Simply obtain a matching-gift form from your employer’s personnel office, fill it out, and provide it with your contribution.
• Naming Opportunities
There are many opportunities to recognize family members, friends or organizations as well as name areas on the Community Living Center. Please contact the Development Office to get additional information about these opportunities. kristina.huber@ssjerie.org (814) 836-4202. Gift Pledges The Sisters of St. Joseph accept gift pledges — a formal statement of intention to make a gift to the Congregation. With a pledge, you may complete your gift by making regular payments over time, allowing you to give more generously than you originally may have considered. Each payment on your pledge is eligible for an income-tax charitable deduction.
| 
RSS
BLOG
