Ways to Pay It Forward

St. Joseph Parish is alive and continues to grow thanks to the generosity of so many good people, just like you! We invite you to prayerfully consider making a charitable gift to St. Joseph Parish. You can do so in multiple ways:

Cash: Gifting cash is the simplest way to make a gift to St. Joseph Parish that has an immediate impact. Cash gifts from your estate can be made a number of ways, from your will, trust, or with a payable on death designation on a bank account.

Stocks and Bonds: Gifting appreciated securities during your lifetime is a simple and tax-advantage way to make a gift to a charitable organization and avoid capital gains tax. If you are considering a gift to the Church from your estate, remember that stocks, bonds and other marketable securities can also be gifted at death via your will, trust, or possibly a transfer a death designation if held in a brokerage account.

Retirement Assets: You are counting on your IRA, 401(k), 403(b) or pension accounts to support you in retirement. Have you considered what you will do with the retirement assets that remain in these accounts at your death? We invite you to consider how your parish could benefit by being named a beneficiary of your retirement account at your death. Also, if you are 70 ½ and older and taking distributions from your IRA you can make a QCD of up to $100,000 to St. Joseph Parish without including the distribution as part of your income.

Life Insurance: You may have a life insurance policy that you no longer need. Do you know that you can name St. Joseph Parish a beneficiary of the policy? You have the option to retain ownership and control of the policy during your lifetime. Or you might assign ownership of the policy to the Catholic Community Foundation so you benefit from a current charitable deduction, St. Joseph Parish as the ultimate beneficiary.

Real Estate: You may be thinking about gifting your home or another piece of property to the Church. Thank you for considering this! We recommend that you contact your financial advisor before putting plans in place to make a gift with real estate. We can alert you to some common issues that arise when making a gift of your home through your will.

We encourage you to contact your professional legal and/or financial advisors to determine which gift arrangements meets your needs.

If you have any questions, we invite you to contact us at the parish office: 440-933-3152