Planned & Deferred Giving

For assistance in planning your gift, or for additional information, please contact:

Joseph B. Citro, M.S.W.
Executive Director
Catholic Community Foundation of SW Florida
Office: 941.441.1124
Cell: 941.412.5500
Citro@ccfswf.org

Mary Campo
Director of Stewardship and Development
(941)441-1117
campo@dioceseofvenice.org

Deferred gifts are the result of careful planning that integrates a donor's charitable gift into his or her overall financial, tax and estate planning objectives so as to maximize benefits for both the donor and the Church. Planned gifts typically come from a donor's assets rather than income and can be outright gifts, deferred gifts or a combination of the two.

Each of the deferred giving instruments summarized below is closely regulated by law and requires special arrangements and tax treatment. An overview of possible gifts is below while in-depth information is available on the Planned Ways to Give page.

Overview of Gifts

Type of Gift: Bequest
Bequest could be a help in perpetuity and invested to fund Church needs.
Benefit to You: Possible estate tax deduction; Opportunity to make a perpetual gift.

Type of Gift: Charitable Gift Annuity
You transfer an asset such as cash or stocks to the Diocese. In return, the Diocese guarantees to pay you a fixed payment based on your current age.
Benefit to You: Guaranteed fixed income for life; Portion of income is tax-free; Deferred income if desired; Possible income and estate tax deductions.

Type of Gift: Insurance Policy
Church receives full face value of policy upon death of the donor, or may receive current surrender value prior to donor's death.
Benefit to You: Income tax deduction for value of the policy when transferred; Premium payments may be deducted as gifts; possible income and estate tax deductions.

Type of Gift: Charitable Remainder Trust
Upon the death of donor or last surviving income beneficiary, remaining assets benefit the Church.
Benefit to You: Variable or fixed income; Deferred income if desired; Possible income and estate tax deductions.

Type of Gift: Charitable Lead Trust
Income to the Church for duration of trust, which helps meet spiritual and human needs that exceed the capabilities of most parishes or schools
Benefit to You: At the end of the trust period, principle returns to donor or other beneficiaries; principal can pass to others with little or no shrinkage from taxes; Possible income and estate tax deductions. Qualified retirement/IRA funds can be a significant gift upon death of donor. Estate and income tax savings may cover a substantial portion of the gift.

The Importance of Using Professional Counsel
We always encourage prospective donors to seek the advice of professional counsel concerning the best giving option for them. We would welcome the opportunity to provide you or your attorney with additional information on any of the methods of giving described here.

If you decide to include your parish, the Diocese or Catholic Charities in your planning, please let us know. We want to say "thank you" and to thank God for you.