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Planned Giving

Planned giving is the process of carefully selecting the best method and asset for making a charitable gift.  Such a gift can enable you to take full advantage of the tax laws to accomplish your financial and charitable goals.  

St. Patrick Parish & Archbishop Bergan Catholic School rely on charitable gifts to meet the needs of our Parrish and for the School to meet the needs of our students to provide an affordable Catholic education.  There are a number of easy giving options from which you can choose to help - from naming St. Patrick Parish and/or Archbishop Bergan Catholic School as a beneficiary in your will; to the donation of stocks or mutual funds.  See planned giving options below:

Bequest

You can provide for the future of St. Patrick Parish and /or Archbishop Bergan Catholic School by naming St. Patrick Parish and/or Archbishop Bergan Catholic School as a beneficiary of your will or trust.  By doing so your estate may save taxes.

Life Insurance or Retirement Plan Beneficiary Designation

You can name St. Patrick Parish and/or Archbishop Bergan Catholic School as a beneficiary of all or part of your IRA, 401(k), 403(b) or other retirement plan.  You may also include St. Patrick Parish and/or Archbishop Bergan Catholic School as a beneficiary of your life insurance policy.

Gifts of Stocks, Bonds or Mutual Funds

You can donate stocks, bonds, or mutual funds to St. Patrick Parish and/or Archbishop Bergan Catholic School.  If you have held the stock for more than a year you can deduct the fair market value of the stock as a charitable contribution on your personal tax return as the date of the gift.  Also, if the stock has appreciated in value, you will avoid the capital gains tax that you would pay if you sold the stock and gave the resulting cash to the charity.  These transfers should be done without selling the stock, so please contact St. Patrick Parish and/or Archbishop Bergan Catholic School to coordinate a broker to broker transfer.

Other Planned Giving Opportunities

  • Charitable Gift Annuities
  • Charitable Remainder Trusts
  • Charitable Lead Trusts

In all planned giving cases, it is recommended to contact a professional advisor.