How do we do this?
Foremost is evangelization – knowing our faith in Christ well and sharing it with others. Just as important is the careful and prayerful sharing of our God-given resources. One of those resources — our assets — include the things we have accumulated over our lifetime. As Catholics Christians, we believe that our assets and our ability to acquire them are gifts from a loving, generous God. We have a responsibility to use these gifts wisely and prudently — as well as to share them with others — our family certainly, but also with those institutions devoted to spreading God’s reign on earth.
Planned Giving is a charitable gift that is planned, often deferred, and usually executed over an extended period of time through a will, contract, or trust. Bequests, charitable gift annuities, trusts, insurance and gifts of appreciated stock are all examples of planned gifts — or gifts that come after much thought and consultation with professional advisors. These important gifts help ensure that our lives touch the lives of those that come after us by building the faith for generations to come.
Consult with your qualified tax and/or legal adviser. Effective Planned Giving can have a significant impact on current and future resources and is often an integral part of a larger estate planning strategy. The expertise of qualified professionals should be employed to ensure that your plan is properly developed and your loved ones are protected.
St. Michael the Archangel is a tax exempt religious organization under Section 501(c)(3) of the Internal Revenue Code. Consequently, your gifts to St. Michael’s are tax-deductible, so long as you received no goods or services, other than intangible religious benefits, in connection with your gifts.
If you would like to learn more about how you can use the gifts God has given you to benefit your family and your faith community at St. Michael the Archangel through Planned Giving, please contact:
Susan Keen, Business Manager, [email protected] – (808) 326-7771
Mark J. Clark, Director of Stewardship & Development, Diocese of Honolulu, [email protected] – (808) 203-6723.