More Ways To Give
There are even more ways to give and help contribute to ensuring that the faith lives on in your community for decades to come. Click on the links below to learn how you can help.
Do you want to benefit from the tax savings that result from supporting ministries that are important to you such as your parish, school, cemetery, seminarian education or other diocesan ministry, yet you don’t want to give up any assets that you’d like your family to receive someday? You can have it both ways with a Charitable Trusts.
There are two ways charitable trusts make payments:
A charitable lead trust pays a fixed amount each year to ministries designated by you through the Catholic Community Foundation and is more attractive when interest rates are low.
A charitable remainder trust pays a variable amount each year based on the value of the assets in the trust. With a unitrust, if the trust’s assets go up in value, for example, the payments to your designated ministries go up as well.
Want to make a big gift to ministries that have been important to you without touching your bank account? Consider giving us real estate. Such a generous gift helps us continue our work for years to come. And a gift of real estate also helps you. When you give us appreciated property you have held longer than one year, you qualify for a federal income tax charitable deduction. You avoid paying capital gains tax. And you no longer have to deal with that property’s maintenance costs, property taxes or insurance.
Another benefit: You don’t have to hassle with selling the real estate. You can deed the property directly to the Catholic Community Foundation or ask your attorney to add a few sentences in your will or trust agreement.
Memorials and Tributes
If you have a loved one you would like to pay tribute to, establishing a memorial or tribute gift is a meaningful way to honor them or celebrate a special occasion such as a birthday while supporting the ministries you choose. Your memorial or tribute gift will be a lasting tribute to your loved one and make a difference in the lives of those we serve.
Establishing an endowment with the Catholic Community Foundation allows us to “drought proof” the ministries of the Catholic Church. We currently manage over 350 permanent named endowments to various ministries totaling over $44,000,000 including field of interest, designated, donor advised and unrestricted endowments. These can be set up by either organization or individuals.
Here’s how it works: Endowment contributions are invested in the Catholic Community Foundation portfolio. A portion of the annual income is distributed to the ministries designated by you. The rest is reinvested ensuring distributions are made in perpetuity. The Catholic Community Foundation’s investment objectives are committed to Catholic moral and social values. In addition, the Catholic Community Foundation will not make distributions or grants to charities that are not consistent with the teaching of the Catholic Church.
Donor Advised Funds
Are you looking for an easy, cost-effective way to support ministries you love? A donor advised fund, which is like a charitable savings account, may be the right choice for you.
Here’s how it works. You transfer cash or other assets to the Catholic Community Foundation. You can then recommend — but not direct — how much and how often money is granted to the ministries you support including your parish, school, cemetery, diocesan ministry or other charity.
You qualify for a federal income tax charitable deduction at the time you contribute to the account, and the power to make recommendations on which charities to support whenever you want. You centralize your giving and record-keeping in one location. And maybe best of all, you can start a legacy of giving by letting your children help decide which grants to recommend.
Gifts of Grain
Did you know that as a farmer you have access to a wonderful option for making a gift to your parish, school, cemetery or diocesan ministry? The Catholic Community Foundation has been happy to assist many of our rural parishes with accepting gifts of grain from local farmers and ranchers. Most elevators and grain buying entities are cooperative.
- Contact the Catholic Community Foundation Gift Planning Team at 605-988-3788 or firstname.lastname@example.org
- Seek the advice of your financial or legal advisor to make sure this gift fits your goals.
- If you include the Catholic Community Foundation in your plans, please use our legal name and contact us for our federal tax ID.
Legal Name: The Catholic Foundation for Eastern South Dakota
Address: 523 N Duluth Ave Sioux Falls, SD 57104
Federal Tax ID Number: Please contact us for this information.