Honor their legacy with one of your own

legacy circle

10 ways to use planned gifts

Make an immediate gift in which the full amount is a tax deduction in the year given.
An IRA charitable gift allows you to distribute money directly from an individual retirement account (IRA) to a qualifying charity. This is seen as an outright gift. An IRA charitable rollover is no longer in effect. Since 2006, the IRS did not count IRA distributions for charitable contributions as income, and distributions were tax-free. The law allowing that expired Dec. 31, 2013. To discuss making a gift from your IRA please contact your regional mission advancement director for the Sisters of St. Francis of the Neumann Communities or your IRA custodian.
Receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the securities you donate and you have the satisfaction of making a significant gift now or funding a life-income gift that benefits the sisters later.
Make provisions for an outright or planned gift in your will or living trust indicating a specified amount or percentage of your estate.
Your gift transaction transfers assets in exchange for a tax benefit. The annuities simultaneously provide a charitable donation, an income tax deduction and a guaranteed lifetime income stream.
Designed to reduce beneficiaries’ taxable income by first donating a portion of the trust’s income to the sisters and then, after a specified period of time, transferring the remainder of the trust to the beneficiaries. This may be ideal for six figure gifts, helping the sisters now, and your family later.
The opposite of the lead trust. Your family or beneficiary is provided for with an income stream now while the remainder would be donated to the sisters after a specified period of time.
Name the sisters on an existing or new policy as beneficiary.
Generate a gift, either during life or after your lifetime. This can be paid out by you or your employer.
A new gift for the sisters and a life income for you.

Give wisely

We recommend that you seek the advice of your tax advisor, attorney, and/or financial planner to ensure that the gift you are considering fits your overall circumstances and planning.

Gift planning is an opportunity to meet your charitable goals through your estate — while helping ensure that the sisters can meet opportunities and challenges of the future.

You can make a gift from your estate through your will or trust. You can also use life insurance or gifts from your retirement plan during your lifetime and take advantage of income tax benefits.

Our Mission Advancement staff will welcome the opportunity to work with you and your legal, tax, or other advisors to design a giving plan that’s right for you.

Join the Legacy Circle

When you remember the sisters through your gift of estate or retirement assets, you will be recognized as a member of the sisters’ Legacy Circle. Members receive a certificate honoring their commitment and are recognized at special events held throughout the year.

How do I become a member?
Every gift — large or small — is important. You don’t have to be wealthy to make a significant gift. Thoughtful gift planning offers many types of charitable gift arrangements that can benefit you, your family, and our sisters. A few ways you may be able to meet your personal and financial goals while leaving a legacy of Franciscan service can include:

  • Transferring gifts of appreciated stock
  • Retirement Plan remainder gifts
  • Gifts of Life Insurance
  • Bequests
  • IRA Charitable Rollovers

Virtually all assets can be given, including cash, real estate and securities. You can also designate a specific dollar amount or percentage of your overall estate. Regardless of the method you choose, you can rest assured that your generosity will be felt for years to come.

In order for us to welcome you to the Legacy Circle and thank you properly, please let us know your intentions. If you would like your gift to remain anonymous, we will gladly honor your request.

To learn more, please contact the Sisters of St. Francis of the Neumann Communities regional representative closest to you.

IRA Charitable Rollover Gifts

An IRA charitable gift allows you to distribute money directly from an individual retirement account (IRA) to a qualifying charity. This is seen as an outright gift. An IRA charitable rollover is no longer in effect. Since 2006, the IRS did not count IRA distributions for charitable contributions as income, and distributions were tax-free. The law allowing that expired Dec. 31, 2013. To discuss making a gift from your IRA please contact your regional mission advancement director for the Sisters of St. Francis of the Neumann Communities or your IRA custodian.

To learn more, please contact the Sisters of St. Francis of the Neumann Communities regional representative closest to you.