There are many ways to support St. Vincent de Paul Church besides writing a check. With a little planning, you can include a gift to St. Vincent de Paul Church within your overall estate or financial plan that supports the mission of the church and provides you with tax benefits in return.
CARES ACT
On March 27th, the President signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act to help combat the far-reaching impacts of COVID-19. Learn more here.
Wills
Momentous events like a milestone birthday, the arrival of a grandchild or retirement are a time to celebrate and reflect on where your family has been and what the future might hold. It is also a chance to think about the values you hope to pass on to future generations.
One way you can ensure that your values endure is through will planning. Will planning is the highly personal process of deciding how your assets will be distributed after your lifetime. If St. Vincent de Paul Church has been important in your life, you can also include a gift to support our future.
Review your will every couple of years to ensure that it has kept pace with your life. A new marriage, divorce, birth, or death of a family member are events that should trigger a review to make sure that your will still protects the people you love.
Cash Bequest
St. Vincent de Paul Church receives a specific dollar amount from your estate.
Bequest of Property
St. Vincent de Paul Church receives specific assets, such as securities, real estate, Trusts, or tangible personal property (for example, works of art or antiques). Donating stock to support the mission of St. Vincent de Paul Church offers even more tax benefits than writing a check. As stock price increases, so do the taxes you owe on the long-term capital gain, which are generally charged at a rate of 15 percent. But, when you donate your publicly traded stock you have owned for more than one year to a qualified charitable organization such as St. Vincent de Paul Church, you enjoy two major tax benefits:
• You will be exempt from paying capital gains taxes on any increase in value (taxes you would pay if you had otherwise sold securities)
• You are entitled to a federal income tax deduction based on the current fair market value of the securities, regardless of their original cost.
IRA Rollover
Donors over the age of 70½ can make a gift directly through their IRA by donating all or a portion of their annual required minimum distribution to decrease taxable income.
Residuary Bequest
St. Vincent de Paul Church receives all or a percentage of the remainder of your estate after the payment of any specific bequests and expenses.
Retirement Plan
St. Vincent de Paul Church is designated as a beneficiary of the remainder of your IRA or qualified pension or profit-sharing plan.
Memorial Gifts
Memorial gifts ensure a person’s legacy continues or honors the wishes of the departed. These gifts may be made online here or mailed to the address listed below in the sample obituary language.
Please include the name of the memorialized, along with the name and address of the individual(s) to whom you would like acknowledgment sent.
For those who would like to include donation information for St. Vincent de Paul Church in an obituary, please see the sample language below:
In lieu of flowers, the family requests that memorial gifts
be designated to St. Vincent de Paul Church.
These gifts may be mailed to:
St. Vincent de Paul Church
6800 Buffalo Speedway
Houston, TX 77025
For questions on any of the above situations please contact Patricia Rutz, Business Manager at
713-663-3538 or prutz@svdp-edu.org.