Many charities must take a portion of your gift to cover their own costs (salaries, expenses, mortgages, etc.). According to Charity Navigator, a majority of charities spend about 25 percent of every donation on the overhead of running their operations and 75 percent of a gift on the actual cause. This Foundation is different. Since all costs associated with running this 501(c)3 organization are covered by Catholic United Financial, 100 percent of your gift is passed on to the parish, charity or cause that matters to you.
Contact the Foundation to learn more about these types of giving. When making a planned gift such as bequests, life insurance, retirement plan we can assist you with the proper execution of your type of gift.
You can send your tax-deductible gift to this address:
Catholic United Financial Foundation
3499 Lexington Ave N
St. Paul, MN 55126
The simplest and easiest gift, cash qualifies as a charitable deduction for federal income tax purposes. This gift provides immediate financial support to the Foundation’s projects, or to the charities and causes you designate.
A bequest made through a will is the most common form of planned giving. Donors have the flexibility in giving as well as enjoying certain tax advantages. Read more…
Charitable life insurance offers a way for you to make a substantial future gift to a charity. When a charity is named as the beneficiary of a life insurance policy, that charity receives a substantial gift upon your death. There can be certain tax advantages to charitable life insurance as well. Read more…
By donating appreciated stocks, bonds, mutual funds and real estate, you may be able to avoid capital gains taxes on the appreciation. The Foundation has established accounts to receive share transfers to help facilitate the gift. Read more…
You can designate the Foundation or your qualified charity as beneficiary of your IRAs, tax sheltered annuities, or 401(k) or 403 (b) plans. Read more…
Catholic United Financial is a member of the
American Fraternal Alliance
Copyright © 2019 Catholic United Financial. Catholic United Financial is not licensed in all states. Nothing contained herein should be construed as a solicitation for insurance, financial products or annuity products in any state in which Catholic United Financial is not licensed. Catholic United Financial is licensed to sell insurance in Minnesota, Wisconsin, Iowa, North Dakota, and South Dakota. View our Privacy Statement. Catholic United Financial is not permitted to give tax or legal advice. The information given is based on our understanding and interpretation of laws and regulations currently in effect. You may wish to consult your personal tax or legal advisor with questions about your specific situation.