Information on
Living Memorials
THE
FRANCISCAN FRIARS
ST. BERNARDINE MONASTERY
Province of the
Immaculate Conception
HOLLIDAYSBURG,
PA 16648 - CALL TOLL FREE - 1 - 866 - 695 -
3802
| CHARITABLE
GIVING is
an important tradition for many people. Making gifts in your name or others offers a
wonderful way to affirm your values and priorities. Honoring a loved one through
charitable gifts is often an especially meaningful act of paying tribute to someone
special.
Memorial and tribute
gifts allow you to thoughtfully remember family members and friends who have been such a
vital part of your life. If it is a gift that honors you, it will assure that your
worthwhile values continue to influence the world around us. |
FRANCISCAN LIVING MEMORIALS
| Help educate a
Franciscan Priest |
Support our works with the poor |
| Adopt a sick and disabled friar |
Donate a chalice for Mass |
| Help Support our missionaries |
Donate a vestment for Mass |
| Where most needed in ministry |
Donate a jeep for a missionary |
| Help build a mission school |
Help build a mission chapel |
| Establish an Education Burse |
Remember us in your Will |
| Establish a Gift Annuity |
|
GIFTS FOR EVERY
"OCCASION"
Gifts made in honor
of or in memory of family and friends at times such as Mother’s Day or Father’s
Day; at the birth of a child or grandchild; or on a birthday, wedding, anniversary, a
death of a loved one or other notable occasion can be gifts of love that show how much you
care.
CONSIDER THE
POSSIBILITIES
Take a few moments
to think about the best ways to make your gifts in honor of others.
Gifts of cash: Gifts of cash and by check are the most
popular methods of memorial giving. Such gifts are convenient and can be tax deductible.
Other property: Memorial gifts may also be
funded with assets such as stocks, bonds, and mutual funds that have increased in value.
You not only receive regular tax savings, but you entirely avoid the capital gains tax on
qualified assets given for charitable use. This extra tax benefit is one reason why a
growing number of people choose to make memorial gifts using property other than cash.
Leave a legacy: Many discover that their
long-range estate and financial plans provide a thoughtful way to make memorial gifts in
honor of others. See the next page for more information.
A LIVING LEGACY
Consider the
following ways to leave a legacy in memory of a special friend or loved one.
A gift included in
your will or living trust can establish a lasting legacy.
A gift of excess
retirement funds, such as pension plans or Individual Retirement Accounts (IRAs), may
allow you to give more, while eliminating taxes that may otherwise largely deplete these
assets.
Gifts of life
insurance that have fulfilled their original purpose may offer excellent tax benefits.
Policies that you purchased to protect a loved one who no longer needs that protection can
be an excellent way to make a gift in honor of that person.
Gifts that provide
an income can be a tax-effective way to provide you and/or someone else you designate with
regular payments for life or other period of time. Check with us or your advisors for more
information.
Gifts made in any of
these ways will serve to honor special loved ones. Complete and return the form on the
reverse side for more information on these and other options you may wish to consider.
GIFTS FOR EVERY
"OCCASION"
Gifts made in honor
of or in memory of family and friends at times such as Mother’s Day or Father’s
Day; at the birth of a child or grandchild; or on a birthday, wedding, anniversary, a
death of a loved one or other notable occasion can be gifts of love that show how much you
care.
MAXIMIZE YOUR TAX
BENEFITS
Memorial gifts of
cash are generally deductible in amounts up to 50% of your adjusted gross income (AGO).
Gifts of appreciated assets are generally deductible in amounts up to 30% of AGI.
When securities and
certain other properties you have owned for more than a year are donated, you are entitled
to a deduction for their full value, not just their original cost. This results in your
receiving a tax deduction based on "paper profits" without having to pay capital
gains tax. If assets have decreased in value, consider selling them, thereby creating a
loss for tax purposes, and making deductible gifts of the cash proceeds.
Consider making
larger gifts in years when you have more income. The higher your tax bracket, the greater
the savings from your gifts.
Remember to keep
your receipts and acknowledgment letters for tax purposes.
Our Corporate Title is:
Franciscan Fathers Third
Order Regular of St. Francis
Province of the Immaculate Conception
St. Bernardine Monastery
P.O. Box 139 Hollidaysburg, PA 16648-0139
CALL TOLL FREE - 1 - 866 - 695 - 3802
FOR MORE INFORMATION WRITE OR CALL
TO THE ADDRESS ABOVE OR E-MAIL US BELOW.
E-MAIL ADDRESS:
The Franciscans |
