Gifts of Securities
One way in which you can help meet the needs of the suffering Church, and help keep the Faith alive, is a donation of appreciated securities or property, such as stocks, bonds, mutual funds, or real estate.
This is a cost-effective way to help ACN continue our major programs (Mass Stipends to Poor Priests, Formation of Seminarians and Novices, Aid for Religious, Emergency Aid, Transportation, Media Apostolate, Religious Literature and Construction).
For electronic transfer of stock and bonds, instruct your broker to transfer your shares directly to Aid to the Church in Need’s brokerage account via the following instructions:
Attn: TOA Receives
PO Box 770001
Cincinnati, OH 45277
Account Name: Aid to the Church in Need
Tax ID: 86-1089466
DTC Number: 0226
Account Number: Z73-640174
Reference: [Donor Name Here]
Please provide the following:
1. Stock Name
2. Quantity of Shares
3. Approximate Transfer date
4. Donor Full Name
5. How the gift should be used (i.e., where the need is greatest, etc.)
For all general inquiries regarding stock and bond gifts, you may contact Edward Clancy at 1.800.628.6333 or email@example.com.
Your gift to Aid to the Church in Need is tax-deductible to the extent allowed by law. Aid to the Church in Need is a nonprofit 501(c)3 organization.
IRA Charitable Gifts
Use Your Traditional IRA to Make Your Charitable Gifts
The IRA Charitable Rollover provides you with an excellent opportunity to make a gift during your lifetime from an asset that would be subject to multiple levels of taxation if it remained in your taxable estate.
You must be age 70½ or older at the time of gift.
Transfers must be made directly from a traditional IRA account by your IRA administrator to Aid to the Church in Need. Funds that are withdrawn by you and then contributed do NOT qualify. Gifts from 401k, 403b, SEP and other plans do not qualify.
Gifts must be outright. Distributions to donor-advised funds or life-income arrangements such as charitable remainder trusts and charitable gift annuities do not qualify.
Benefits — qualified charitable distributions
- Can total up to $100,000.
- Are not included in your gross income for federal income tax purposes on your IRS Form 1040 (no charitable deduction is available, however).
- Count towards your required minimum distribution for the year from your IRA.
Each state has different laws. Please be sure to contact your financial advisor for additional information. This information is not meant as tax or legal advice.
For questions on giving, please contact Edward Clancy at 800.628.6333 or firstname.lastname@example.org.