Diocese of Ogdensburg

The Roman Catholic Church in Northern New York

Type of Gift

Form of Gift

Benefit to Church

Benefit to You

Outright Gift

  • Cash
  • Stocks/securities
  • Real estate
  • Insurance
  • Perpetual income
  • Interest income use by parishes, schools andorganizations in diocese
  • Income tax deduction
  • No capital gains tax on Appreciated gifts

Bequest

  • Cash
  • Real estate
  • Personal property
  • Percentage of estate
  • Remainder of estate
  • Bequest will be held in Perpetuity and invested toFund Church needs as
    Designate by the donor
  • Possible estate tax deduction
  • Opportunity to make a perpetual gifts

Charitable
Gift
Annuities

  • Cash
  • Stocks/securities
  • Real estate
  • Upon the death of the donoror last surviving annuitant
    remaining assets generate
    interest income for the
    Church
  • Possible estate tax deduction
  • Opportunity to make a perpetual gift

Insurance
Policies

  • Name TheFoundation as policy
    owner and/or
    beneficiary
  • The Foundation receives full face value of policy upon
    death of the donor, or may
    receive current surrender
    value prior to donor’s
    death
  • Opportunity to makesubstantial future gift to
    Church at current
    manageable cost
  • Income tax deduction forvalue of the policy when
    transferred
  • Premium payments may be deducted as gifts

Charitable
Remainder
Trusts

  • Cash
  • Stocks/securities
  • Real estate
  • The Foundation receivessubstantial future gift to
    support the work of the
    Church and the charities
    named by the donor
  • Variable or fixed income
  • Option to defer income
  • Income tax deduction
  • Reduction of estate taxes
  • No capital gains tax onappreciated gift (or
    deferred in some
    instances

Charitable
Lead
Trusts

  • Cash
  • Stocks/securities
  • Real estate
  • Income for duration of trusthelps Church meet spiritual
    and human needs that exceed the capabilities of most parishes, schools and
    organizations
  • At end of trust period, principal returns to donor
    or heirs
  • Principal can pass to others with little or no shrinkage
  • Tax deduction

Retirement
Plan/IRA

  • Name The Foundation as
    beneficiary of
    death benefit
  • Significant gift upon death of donor
  • Opportunity to make a major gift
  • Estate and income taxsavings