Year - End Gifts
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Year-End Giving
Many of our parishioners and supporters choose to make a special year-end gift to St. Catherine Church to honor family and friends, remember loved ones who have passed, support special funds, and be able to help more through the benefits of income tax deductions.Checks
Checks must be dated and postmarked by Dec. 31, to be counted in the year. Checks may also be placed in the offertory basket at Mass weekend of the year's end, please clearly mark End of Year Gift or mail to the Parish Office postmarked on or before Dec. 31st. Please remember December 31st the parish office will be closed. Please make checks payable to St. Catherine Church and mail or deliver them to the parish office.St. Catherine Church
17400 Peak Ave.
Morgan Hill Ca. 95037
Credit Cards
Gifts made by credit card must be placed no later than 11:59 pm on Dec. 31, to be counted for the year.To make your credit card gifts online, please click on the
“Online Giving” link at www.stca.org.Planned Giving
Planned gifts can be a significant benefit to you, your family, and St. Catherine Church. Bequests, charitable gift annuities, and charitable remainder trusts offer donors a variety of ways to support our mission. Please contact the Business Manager Jessica Perez at 408.779.3959 ext 281.
What is an RMD?
RMD is the abbreviation for Required Minimum Distributions. You cannot keep retirement funds in your account indefinitely. You generally have to start taking withdrawals from your IRA or retirement plan account when you reach age 70½. These distributions are referred to as RMDs. Roth IRAs do not require withdrawals until after the death of the owner.
Your required minimum distribution is the minimum amount you must withdraw from your account each year.
You can withdraw more than the minimum required amount.
Your withdrawals will be included in your taxable income except for any part that was taxed before (your basis) or that can be received tax-free (such as qualified distributions from designated Roth accounts).
Charitable Contributions from your IRA
Under current law, the last day for making a qualified charitable donation from an IRA is December 31.
For eligible tax years, individuals age 70½ or over could exclude up to $100,000 from gross income for donations paid directly to a qualified charity from their IRA.
The donation satisfies any IRA-required minimum distributions for the year.
The amount excluded from gross income isn’t deductible.
Donations from an inherited IRA are eligible if the beneficiary is at least age 70 ½.
Donations from a SEP or SIMPLE IRA aren’t eligible.
Donations from a Roth IRA are eligible.
Married individuals filing a joint return may exclude up to $100,000 donated from each spouse’s own IRA ($200,000 total).
Gifts of Securities
Giving appreciated stock can be beneficial for both St. Catherine Church and you. Questions about donating securities should be directed to the Parish Office 408.779.3959.
Please notify via email the Parish Office when a gift of stock is made directly to the Diocese benefiting St.Catherine Parish. We are grateful for all stock gifts no matter how large or small. We know it is a sacrifice every person makes when they decide to give a gift of security to their parish.
Stock Gifts are facilitated through the Diocese of San Jose for our parish:
Gifts of Real EstateDonated land, homes, and other types of real estate can help St. Catherine Church in our mission. As per our gift acceptance policy, St. Catherine Church can only accept gifts of real property upon the review and approval of the Finance Council, which normally meets on the 2nd Monday of each month.