Planned Giving

"Your gift will return to you in full and overflowing measure, pressed down, shaken together to make room for more, and running over."  Luke 6:38

 
What is Planned Giving?

Planned Giving is a method of supporting Saint Joseph’s Catholic Church & School that enables a donor to make larger gifts than they could make from their income. A planned gift is any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning. Regular gifts are budgeted for during the lifetime of the individual as they see fit. The advantage of funding a planned gift can make this type of charitable giving very worthwhile to both donor and charity.

Planned giving is usually done through the help of your financial planner or estate attorney. St. Joseph’s Development office is happy to assist you to leave a legacy with planned giving.

Please prayerfully consider naming St. Joseph’s Catholic Church or School as a benefactor in your estate planning.

Here's an example of bequest language you can share with your financial adviser or attorney.

I/we the undersigned, give (a percent or a dollar amount) of my/our estate to:

St. Joseph's Church

315 SW 21st Street

Grand Rapids, MN 55744

218-326-2843

St. Joseph's Catholic Church Federal Tax ID:  41-0729968

St. Joseph's Church and School Endowment Federal Tax ID:  46-3161416

 

Why Make a Planned Gift?

Financially Stable – Your gift becomes permanent revenue sources as the principle stays intact by funding either our Church or School Endowment

Flexible – you can change your mind at any time.

Tax Relief – Capital gains tax may be avoided in many planned giving scenarios.

 
Make A Gift Now
  • Cash, check with your employer about Matching Gift options
  • Securities such as Stocks, Bonds and Mutual Funds
  • Real Property
  • Life Insurance

 

Plan for a Future Gift
  • Will or Trust – Include a gift to St. Joseph's Catholic Community School (or Church) Endowment in your will or trust. Bequests can be of any asset you own. A bequest may be made for a specific item, amount, or percentage of your estate.
  • Life Insurance – Name St. Joseph's Catholic School (or Church) Endowment the beneficiary of an existing life insurance policy.
  • Retirement Plan – Avoid double taxation on retirement plan assets in your estate. Name St. Joseph's Catholic Community School (or Church) Endowment as whole or partial beneficiary of your IRA, 401K, or other qualified plan using the beneficiary designation form from your financial institution.
  • Stocks, Bonds, and Mutual Fund Shares- Giving appreciated assets is one of the most tax-efficient ways to make charitable donations.
  • Donor-Advised Fund - A simple, easy to set-up personal charitable fund is called a Donor-Advised Fund. This fund allows the donor to get an immediate tax deduction and control how the funds are distributed to charities over several years.

 

Please note, parish staff are not attorneys; and can give legal information but not legal advice. Consult with an attorney to discuss your unique situation.

Our Development Office will answer any questions you may have about how your gift to St. Joseph’s will help further our effort for continuing our rich Catholic tradition.