WAYS TO GIVE
A gift of cash is a simple and easy way for you to make a gift and you may be eligible for a charitable tax deduction. Cash gifts can be made to a variety of priorities. If you would like to make a gift, please complete the Foundation Gift Form and mail to the Orange Catholic Foundation address.
Orange Catholic Foundation
13280 Chapman Avenue, Suite 430
Garden Grove, CA 92840
Checks payable to: Orange Catholic Foundation
GIFTS FROM AN IRA
If you are 70 ½ or older, you can make a tax-free gift directly from your IRA account. The law allows you to transfer any amount up to $100,000 (annually) directly to a qualified charitable organization without paying income tax on the distribution. The transfer does not generate taxable income or a tax deduction, so you benefit even if you do not itemize your tax deductions.
A charitable distribution also counts as part of your Required Minimum Distribution (RMD), and must be made directly through your financial advisor to the charity.
GIFTS OF STOCK
Gifts of appreciated assets such as stock or securities are an excellent way for you to make a charitable gift. Stocks may be transferred directly to the Orange Catholic Foundation for the benefit of a parish, school or your favorite Catholic ministry. These gifts provide the following tax benefits:
- A possible charitable deduction to help you save on taxes
- Bypass federal and state capital gains taxes
- Avoidance of the tax on net investment income
From a tax perspective, a gift of appreciated assets makes good sense. You can alleviate the capital gains taxes, achieve significant tax savings and support our programs.
Have you remembered your parish, school or ministry in your will or trust? To learn more about including your parish, school or ministry in your estate plans, please contact us at 714-282-3021 or [email protected].
This information is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
To make a gift using your Charitable Gift Account (Donor Advised Fund) at your brokerage firm by recommending grants online, on the phone, by fax or by mail, follow the easy steps below: As a Charitable Gift Account (aka Donor Advised Fund) Holder, you can make grant recommendations to the charitable accounts at your brokerage firm. Recommendations are generally processed within a few business days, and those made online are generally processed immediately. There are no restrictions on the maximum number of grants that can be recommended in any given time period, and the minimum requirement is at least one grant every seven years. Customize Grants Recognize. Your grant recommendation can be "acknowledged" to you, another person, or to the name you gave to the Giving Account, such as The Smith Family Fund. Designate. You can recommend that the grant be used to support the Orange Catholic Foundation and direct your gift to the For Christ Forever Capital Campaign, a parish, school or Catholic charitable organization. Schedule. Your grant recommendation can be set up as an ongoing remittance or "scheduled grant." You can choose from the following frequencies: monthly, quarterly, semi-annually, and annually. Repeat. Once you've recommended a grant to the Orange Catholic Foundation, you can easily recommend a "re-grant" anytime online, with one easy click.
CLICK HERE to view more information regarding Donor Advised Funds
For more information, please contact the Orange Catholic Foundation at 714-282-3021 or [email protected].
Requests to match or even double gifts are accepted. Opportunities are available to match gifts made by other donors, businesses or your employer. For more information on matching gifts, please contact the Orange Catholic Foundation at 714-282-3021 or at [email protected].