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TOGETHER: We gather. We learn. We serve.
Monday, 02 August 2010 11:00
What is an endowment?
For most of us, we think of an endowment as an account that has been established in which the principle is not spent, allowing all growth from investments to be spent to provide a source of income to fund the particular entity for which it was established.
What is an appreciated security and why do people donate them?
Each year, a growing number of people take advantage of making a gift of long-term appreciated securities to their parish or another ministry in the Diocese. Their specific reasons may vary, but they all have in common a desire to return to God in gratitude for the gifts they have been given. They also realize the tax advantage of making a charitable contribution of an appreciated security versus selling the stock first and gifting the cash or simply making a cash gift.
Remember the Church in your will
Have you ever wondered if anyone ever really remembers their parish or their favorite Catholic Charity or the high school they graduated from in their will?
The simple answer is yes, and you can too.
Charitable Gift Annuities – better than you might think
I recently had the opportunity to visit with Clara about opportunities available to her to make a gift tot he Church. Clara's husband died several years ago. She has been investing some savings that she accumulated in a Certificate of Deposit, and she has need of some income to meet daily living expenses.
I spent time talking with Clara about the Charitable Gift Annuity Program operated by the Catholic Diocese of Wichita.
A charitable gift annuity is truly a unique way to provide for your future and that of a loved one, where providing for the future of a ministry within the Diocese.



