Planned Giving Through Stewardship of
What We Leave Behind
Planned giving uses tax, financial and estate planning techniques to enable a donor to make a substantial gift commitment to their parish, school and diocese while providing significant tax and financial benefits for the donor.
Through the use of planned giving techniques, the gift is often greater than the donor may have previously considered because the benefits may dramatically reduce the net cost of the gift.
With benefits available to the donor through planned giving the gift is enhanced.
Creative use of planned giving techniques can be tailored to meet the funding needs of the donor.
The donor’s personal satisfaction is increased because they can make larger gifts and “experience” the implication of their gifts during their lifetime.
Charitable Annuities are a Popular Way to Support Catholic Ministries while Increasing Your Income
With its introduction, the charitable gift annuity is taking its place as an extremely attractive tool for supporting Catholic ministries, parishes and schools in the Diocese of Lafayette-in-Indiana while doing something smart for your retirement planning. A gift annuity today can provide you with a higher return than some fixed commercial vehicles such as money market funds or CDs. A charitable gift annuity can also give you the opportunity to make a larger gift than you thought possible – without exposing you to unnecessary financial risk.
Put a LDF Gift Annuity to Work for You
Here is how the charitable gift annuity works: In exchange for your gift of cash or securities, The Lafayette Diocesan Foundation, Inc. agrees to pay a specified dollar amount to you each year for as long as you live.
The annuity payments are based on the age of the annuitant(s) at the time you make your gift. For example, assume that Angie Smith, age 75, creates a gift annuity with a $10,000 cash gift to the Foundation. Her interest rate is 5.8%, which means she receives a guaranteed, fixed annual payment of $580 for as long as she lives. Equally important, Angie designates the balance to be given to her parish, St. Joseph. This gift carries a federal income tax deduction in the year the gift is created!
Gifts of Stock? Please call us for instructions.
Let Us Know How We Can Help
For additional information about how you can help yourself while helping Catholic ministries, parishes and Catholic schools in the Diocese of Lafayette-in-Indiana in an important way, please contact us!
Tim Bobillo, Major & Planned Gifts Officer
Office of Stewardship and Development
765-269-4608
