Spread your support throughout the year by becoming a monthly donor.
Some corporations encourage employees and their spouses to make charitable contributions by matching their gifts dollar-for-dollar, and sometimes as much as two or three dollars for every dollar given by employees.
A gift of appreciated stock allows you to avoid the tax on the gain and receive a deduction for the value of the stock at the time of the gift. You may also gift mutual funds
IRA Tax Free Transfer:
Under new rules, extended to December 2011, if you are 70 ½ or older you are allowed to give up to $100,000 from your IRA account without paying tax on the distribution. You do not receive a charitable deduction and the contribution must be an outright gift and must be a direct transfer from the IRA manager to the charity.
If you have a paid life insurance policy you no longer need, it may be donated to the RSHM. You receive a charitable deduction (approximately the cash value). You might also consider leaving a percentage of the insurance policy to the Religious of the Sacred Heart of Mary.
Gifts of Real Estate:
A real estate gift can consist of an outright gift of various types of property: commercial building, subdivision lots, farm or ranch.
You can also make a “Retained life estate” gift by which you designate ownership of your home to the RSHM, but you retain occupancy. Benefits include an immediate tax deduction and lifetime use of your home.
Will or Bequest:
A gift of cash, property, or a percentage of your estate may be left to the Sisters through your will or trust. Every dollar you give to the Religious of the Sacred Heart of Mary is passed on without any gift or estate tax consequences to your heirs.
Gift of Retirement Assets:
Make a gift of your retirement assets by naming RSHM as beneficiary of the remainder of the assets after your lifetime.
Gift by Charitable Remainder Trust:
Create a charitable remainder trust and name RSHM as remainder beneficiary. Charitable trusts provide you with income for life and your beneficiary receives the remainder assets.
The Religious of the Sacred Heart of Mary is a tax-exempt organization as described in Section 501(c)3 of the Internal Revenue Code.
For additional information please contact:
California and México Province
Religious of the Sacred Heart of Mary
441 North Garfield Avenue
Montebello, CA, 90640
Tel: 323-887-8821 ext. 204