Planned Giving

“Give to the Most High as He has given to you, generously, according to your means.” -Sirach 35:7-10

Understanding Planned Giving

Planned giving is the act of sharing what we have accumulated from the gifts we have been given. The goal being to help one plan an estate and charitable giving in a way that benefits the parishioner, their family, and a charity. However, planned gifts make it possible to share more than just income; they can allow you to chart your own stewardship legacy. In addition to the normal benefits of charitable giving, planned gift agreements frequently result in tax advantages or other income benefits to the donor.

Whether you are giving now or planning for gifts in the future, there are several ways one can make an impact in your parish, diocese, or preferred ministries. Our diocese is committed to assisting in this process, and ensures that the gifts you give will go to your designated beneficiaries. If you have questions, please contact us. We look forward to working with you.

Ready to give a gift? Be sure to include the required forms in the link below.

Planned Gift Guide

There are a variety of different ways one can make a planned gift, either today or in the future, for various tax benefits. Below are the most common ways that those in our diocese gift to their parish, schools, diocese, or campaigns. As with any financial decision, we recommend you speak with a tax professional to determine your best course of action; but if you have any questions about how to get your gift to your intended beneficiaries please click the appropriate link below or contact the Office of Stewardship and Development at (816) 714-2396. Ultimately, making planned gifts comes down to if you’d like to make a gift now, or in the future.

Options	Benefits
Donor Advised Fund (DAF)	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.
Stock and/or Securities	Avoid capital gains. Take a charitable deduction, if your tax situation allows.
IRA Gifts	Exclude a QCD from taxable income. Apply the QCD to your Required Minimum Distribution (RMD).
Wills, Bequests & Life Insurance	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.
Land & Real Estate	There are a number of different options, with different benefits, for gifting land and real estate. Please contact your financial planned to determine which is best for you
Gift of Grain or Livestock	Exclude the donated value from income and self-employment tax. Take a charitable deduction, if your tax situation allows. Deduct production expenses.

Parish Planned Giving Education and Resources

Other Gifting Options

Tax Law and Charitable Gifts