St. Ignatius is a qualified 501(c)3 tax-exempt
organization, and all charitable gifts to the parish are
tax-deductible to the extent allowed by law.
St. Ignatius gratefully accepts gifts in various forms,
including those described below.

Cash

The most common method to make a charitable gift
is to contribute cash. Donations to qualified
charities, such as St. Ignatius, could cost you much
less when you file your taxes. For example, if you
make a $2,500 gift before December 31 and you are
in the 28 percent marginal tax bracket, you will save
$700 in taxes. These benefits do not take into
account the reduction in state taxes.

Securities

Making a gift of appreciated stock is one of the most
advantageous forms of giving. For example, if you
donate stock that you purchased for $2,000 more
than 12 months ago, and it is now worth $10,000,
you get a deduction for the full $10,000 and a tax
savings of $2,800 (28 percent marginal tax bracket).
In addition, you have avoided the capital gains tax
on the appreciation of the stock. The capital gains
savings at a combined 20 per cent rate is $1,440.
Your total tax savings is $4,240. These benefits do
not take into account the reduction in state taxes.

Naming opportunities will be available

Real Estate

Gifts of appreciated real estate are similar to gifts of
appreciated stock. If you have owned the real estate for
more than 12 months, you will avoid capital-gains tax
and may deduct the fair-market value of the real estate

Insurance

You may donate to St. Ignatius by making the parish
the owner of a life insurance policy. If you are
finished paying for the policy, your gift is the
replacement value or cost basis of the policy,
whichever is less. You may also donate a new policy
on which you are still making payments. The
premiums on a contributed policy are deductable.

Planned Gifts

Planned gifts take many formts. Examples of
planned gifts include designating St. Ignatius in your
will, forming a charitable trust or purchasing a gift
annuity. Charitable trusts offer significant tax
savings while providing an annual income to you
and your family. Trusts are funds with an asset, such
as appreciated property or securities. At the end of
your life, the school will receive the remaining funds
in the trust. The annual return on your gifts varies,
depending on your age.

Please consult you tax advisor or financial
consultant to explore how these methods of giving
will benefit your specific needs





5  Sharing the Gift...Forging our Future