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Am I expected to give to the campaign
and continue my weekly offering?
Our parishioners are quite generous
with their weekly offering, which
is how the Parish continues to serve
the ongoing daily needs of its members.
It is essential that the offertory
collection continue at its present
level to pay for the programs and
day-to-day operations of our Parish.
What about the Grand Annual Collection?
It is important to remember that
the Grand Annual Collection addresses
capital improvements and maintenance
of the parish facilities. But the
"Seize the Opportunity"
campaign is a very special project,
and therefore, parishioners are asked
to make a very special financial commitment
(pledge).
Am I expected to make a cash gift,
outright, when asked to contribute?
Absolutely not. The vast majority
of parishioners are making a pledge
that will be fulfilled over a two-year
period. This enables many people to
give considerably more than would
be possible with a single outright
gift. Pledge payments can then be
made monthly, quarterly, annually,
or through some other arrangement.
What if I am unable to complete
my pledge?
Your pledge is a personal commitment.
Should circumstances not permit you
to complete your pledge, or to do
so according to your original timetable,
simply notify the Pastor. As a "Parish
Family", we are certainly sensitive
to the needs and circumstances of
other family members.
Is my contribution tax deductible?
Your charitable gift to St. Catherine
of Alexandria Church, a charitable
not-for-profit institution, is tax
deductible to the extent provided
by law. This requires that the donor
itemize his/her deductions using the
appropriate tax forms. You are encouraged
to seek additional advice from your
accountant or financial advisor, should
you so desire.
Do I have to give cash, or is there
another way?
While most people contribute cash,
usually in the form of a check, there
are other ways to give. For this campaign
it is possible to donate by credit
card or electronic transfer of funds.
Contact the parish office for details
on how to do this. A gift of appreciated
stock/securities is for many people
a more beneficial way to give. With
a gift of this type the donor receives
the usual charitable income tax deduction
for the value of the securities, and
also avoids paying a capital gains
tax that might be due should he/she
sell the stock. Gifts of life insurance,
real estate or tangible personal property
are sometimes appropriate methods
of giving.
Planned gifts, from one's estate,
may be appropriate gifts to the campaign,
though some are "deferred"
to the time of one's death. Such gifts
may not benefit this campaign but
could greatly benefit the parish long-term.
Legal and/or professional financial
advice is always encouraged when considering
this type of gift.
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