Charitable Gift Options
For detailed information on giving, you can contact the Office of Advancement, Director of Development and Planned Giving at (412) 456.6969 or e-mail us. We're prepared to work with donors and their attorneys or financial consultants to assist with philanthropic interests
There are a variety of gift options that provide meaningful support to Catholic Charities. You can choose from a number of ways to make your gift, including:
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Gifts of Cash: Cash gifts, the most common form of giving, are as easy as writing a check. You can deduct 100 percent of the gift amount from your federal income tax, so your net cost is less than the face value of the contribution.
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Gifts of Appreciated Securities': Giving appreciated stock is an excellent way to support Catholic Charitie's programs. This type of gift usually qualifies not only for the income tax deduction associated with all charitable gifts, but also eliminates capital gains tax.
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Bequests: Bequests through Wills enable people to make significant contributions that might not be possible during their lifetime. When you make a bequest to Catholic Charities, your taxable estate is reduced by a 100 percent deduction for the amount of a cash gift, of by fair market value of appreciated assets. Click here for sample bequest language you may use to remember Catholic Charities in your will. For more information, contact ccavrich@ccpgh.org.
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Charitable Gift Annuity: In addition to a tax deduction, this type of gift also guarantees you a fixed income for life, partially tax-free. The dollar amount that you will receive is determined by your age and the age of any other beneficiary you name at the time of the gift. To give you an idea about the Gift Annuity Rate, please go to American Council on Gift Annuities to determine the rate you would receive for a single life or two lives.
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Charitable Remainder Trust: A “CRT” can provide you (any your spouse, if appropriate) lifetime income and cash flow, a current income tax deduction, and provide important endowment funds for the future healthcare of the community. At the same time, you avoid all capital gains and future estate taxes
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Life Insurance Gifts: An often-overlooked asset that can be used to fund a gift is life insurance. You can name the Catholic Charities as owner and beneficiary of a policy that is no longer needed for its original purpose or you can buy a new policy for the foundation's benefit.
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