Planned Gifts & Stock Giving
Charitable Gift Annuities
A gift annuity is a simple, contract between you, the donor, and the Diocese of Orlando. In exchange for your irrevocable gift of cash or securities, the diocese contractually agrees to pay a fixed sum each year for life to the one or two annuitants named by you. You will:
- receive immediate tax benefits
- ensure a fixed income stream for life
- minimize or defer capital gains tax on gifts of appreciated securities
- demonstrate your positive response to God’s call to stewardship by supporting the ministries that change lives within the Diocese of Orlando and beyond
Bequests
Leave your legacy by making a gift in your will to your parish, school, Catholic Charities or the Diocese of Orlando. We hope you'll tell us when you have named the Church in your will. We would very much like the opportunity to thank you for your generosity. The official nomenclature for naming any diocesan entity in your will is as follows:
"I give, devise and bequeath to Thomas G. Wenski, as Bishop of the Diocese of Orlando, Florida, his successors in office and assigns, a corporation sole for the use and benefit of (here name the parish, school or diocesan entity that is to be the end recipient of your gift).”
Charitable Remainder Trust
When you create a charitable remainder trust, you irrevocably transfer money, securities or other assets to a trust that will then pay you an income for life or for a period of years. At the death of the surviving beneficiary, the remaining principal in the trust goes to the parish, school or diocesan entity you have named.
Charitable Lead Trust
If your goal is to provide an inheritance for your children, but you would also like to make a significant charitable gift to the Church through your estate, you may do so with a Charitable Lead Trust. Discuss with your estate planner on how you can satisfy both objectives.
Wealth Replacement Trust
Please contact us.
What to Give…
Gifts of cash
This is the simplest way to give. Your cash gifts are deductible up to 50 percent of your adjusted gross income for the taxable year, but any excess is deductible over the next five years.
Gifts of appreciated securities or closely held stock
A gift of appreciated securities is one way to make a significant contribution at a reduced cost to you. Federal tax laws allow a charitable deduction for the full market value of securities on the date of your gift. To make a gift of stock or other securities, please contact:
Aime Rojas,
Gift Manager, (407) 246-4843
arojas@orlandodiocese.org
Click here to download the Stock Form Instructions.
(Stock_Gift.pdf - 12KB - Adobe Acrobat Reader required)
Also in pdf format, Click here to download the Stock Gift Fund Designation Form.
Also, please consult with your tax advisor on the applicable tax savings since this may vary among individuals.
Gifts of Life Insurance Policies
You can donate a life insurance policy to us or simply name us as the beneficiary. For the gift of a paid-up policy, you will receive an income tax deduction equal to the lesser of the cash value of the policy or the total premiums paid.
Gifts of IRAs and other Retirement Plan assets
By donating retirement assets, those funds avoid both estate and IRD taxes, and you can be certain that 100 percent of the balance of your retirement funds will support your philanthropic objectives. The simplest way to leave the balance of a retirement account to us after your lifetime is to list us as the beneficiary on the beneficiary form provided by your plan administrator.
If you have any questions, contact the Office of Stewardship & Development
