You can support St. Peter the Apostle by establishing an account with your own financial institution by opening an endowed or provisional donor-advised fund (DAF). Accounts can be established in the donor’s family name, allowing loved ones to be memorialized. They are easy to establish with none of the administrative headaches and fees of private family foundations. They are flexible and allow the donors to recommend grant recipients; for the parish, for the school, and for other charities they you may wish to support. Thank You!

BEQUEST IN A WILL

Bequest could be held in perpetuity and invested to fund special needs. Benefit to donor includes: 

• Possible estate-tax deduction.
• Perpetual-gift opportunity.
• No cost to you during your lifetime.

LIFE INSURANCE

The parish receives full face value of policy upon death of the donor, or may receive certain surrender value prior to donor’s death. Benefit to donor includes: 

•  Surplus life insurance can be converted to a gift.
• Income-tax deduction for value of the policy when transferred.
• Premium payments may be deducted as gifts.
• Possible estate-tax deductions.

REQUIRE MINIMUM DISTRIBUTION (RMD)

Meet the needs of the parish expenses or designated to building fund. Benefit to donor includes: 

• Reduces taxable income.
• Possible benefit for taxable amount of social security.
• Possible benefict to Medicare premium.

RETIREMENT/IRA

Significant gift upon the death of the donor benefits the parish. Benefit to donor includes: 

• Income-tax and estate-tax savings for substantial portion of gift.
• Protect heirs from tax liabilities.

GIFTS OF STOCK & BONDS

Shares will be sold; the full value of the assets will fund parish needs. Benefit to donor includes: 

• Avoidance of capital-gain tax.
• Income-tax deduction for full market value on date of gift.
• Possible estate-tax deduction.