Bequests and Wills

  • No matter how small your estate is, creating a current, valid will is the most important step in careful planning for your loved ones and for those charitable organizations you wish to support.
  • No one but you should decide the appropriate distribution of your estate. Careful planning will ensure your wishes. No planning will mean government control of your estate. There are 3 ways to give through your will: percentage, fixed amount or residue.
  • In preparation of your Last Will and Testament, the support of the educational and pastoral work of the Sisters of the Presentation will be a true investment in the future of the Catholic Church.

Planned Giving

Gifts of Stocks, Bonds and Tangible Assets:
Friends can contribute securities or property directly to the Sisters of the Presentation and receive a deduction based on the current market value on the date of the gift. In this way, you can make a difference on your capital gain taxes.

Life Insurance Policy:
Perhaps you have a paid-up life insurance policy that could become a gift to the Sisters of the Presentation and then become an income tax deduction for its value. This is generally the cash value of the policy. Or you may wish to make the Sisters of the Presentation the beneficiary making it possible for you to deduct the premium payments as your gift.

Charitable Gift Annuities:
Friends can contribute cash or appreciated assets in exchange for a Charitable Gift Annuity. You then can receive significant income while minimizing taxes and, ultimately, benefit the Sisters of the Presentation with the gift portion of the annuity.

Charitable Trusts:
A variety of trust instruments exist that can assist a donor in estate planning while affording the opportunity to make a significant contribution to the Sisters of the Presentation. Sisters of the Presentation is a non-profit 501(c)3 organization. As with any planned gift, please check with your attorney and/or tax advisor before making any decision.


Cash Gifts:
You may make a donation to a specific cause, such as a project you read about in the Mt. Loretto Bulletin, our quarterly magazine, or in the annual appeal. All cash contributions may be deducted up to 50% of a donor's adjusted gross income.

Matching Gifts:
You can double your gift to the Sisters of the Presentation if your employer has a matching gift program.

  1. Obtain and fill out the Matching Gift Form from your personnel office
  2. Send it to the Sisters of the Presentation with your gift, and we will complete the form and return it to your employer.
  3. Your employer will send the Sisters of the Presentation a check that matches your gift.

A matched gift helps you to further the mission of the Catholic Church as well as the Sisters of the Presentation.


 

Memorials to honor loved ones:
You may make a gift in memory of a friend or loved one. A card will be sent to the family of the deceased stating that a donation has been made in their memory. The card will also explain the type of work the donation is supporting.


 


In 1991, Sister Therese Corkery was assigned to serve as coordinator of the La Posada del Valle community in San Juan, TX. La Posada del Valle is a private, non-profit Corporation that provides a home for differently abled children with special needs. She works towards creating a safe environment for these children, as well as improving their physical, mental, and spiritual well-being. Therese works in an area where half of all families live below the poverty level without benefits.

In August of 1994, Sister Jean Meyer was assigned to serve as a teacher for the EXCEL program in Okolona, MS. The EXCEL Program's purpose is to provide supplementary Educational services, as well as other activities, which enhance and nurture the lives of individuals and families of Okolona. From its beginning EXCEL has been committed to racial balance at every level: planning, participation, and implementation.


In August 1970, Two Sisters were assigned to the foreign missions in Bolivia. Over 30 years later, we have sisters still serving the poor and needy there. Sisters Julianne Brockamp, Therese Marie Hawes and Suzanne Takes minister in Entre Rios, Bolivia while Sister Maura McCarthy works with the Guarani people in the Andres Mountains.

 

IF YOU WOULD BE INTERESTED IN SPONSORING THE MINISTRY AND WORK OF ONE OF OUR SISTERS, PLEASE CONTACT US AT Elena@yousq.net

   

 

 

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