| Why
and How to Give
Giving is about legacies.
Some give “their full measure of devotion.”
Many give until it hurts. Others give, like St. Ignatius
of Loyola, without regard to cost or toil. The late
bishop Fulton Sheen encouraged us to measure our generosity,
“not by how much we give, but by how much we have
left over.” Jesus taught us that the widow that
gave just a few pennies was the most generous of all.
Each of us can leave a legacy of generosity!
As you give prayerful consideration to your participation
in the Extend the Light Capital Campaign, we hope your
gift will be a lasting legacy for you and your family,
with a place or space naming possibility if you like.
Please see the accompanying
list of Naming Opportunities.
Outright Gifts of
Cash - Pledges of cash gifts, the most needed
form, are most welcome. Cash gifts allow the Center
to meet the cash flow requirements of construction
costs and provide an immediate tax deduction to donors
depending on their tax situation.
Gifts of Appreciated
Securities - A tax deduction for a gift of
securities (corporate stock, or bonds, or mutual funds)
may be greater than a cash gift provided your base
(the amount you paid) is lower than its appreciated
value at the time of the donation. Your tax deduction
will be based on the market value and you will have
no capital gains on the security. MorningStar will
sell the securities and apply the proceeds to the
construction fund.
Real Estate - By
giving real estate you avoid the difficulties of selling
property and pay no capital gains taxes. Our research
must indicate that we can sell the property. The proceeds
from the sale are then applied to the construction
fund. Your deduction is based on the appraised value
at the time of your gift.
Long Term Investments
- Please consult your legal/tax advisor.
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