3 Strategies for Tax-Smart, Faith-Filled Giving

3 Strategies for Tax-Smart, Faith-Filled Giving

With the April tax deadline fast approaching, Americans start to realize we maybe should have made additional charitable gifts in 2016 to receive a more robust tax deduction. The good news is, with a little planning, you can turn that realization into next year’s reality. It’s never too early to plan ways to maximize the impact of your charitable gifts and achieve a favorable tax outcome for 2017 at the same time.

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Catholic Spirit: Foundations seen as way for dioceses to fund local needs

Catholic Spirit: Foundations seen as way for dioceses to fund local needs

More U.S. dioceses are turning to foundations to help meet their financial and fundraising priorities. And foundation executives in the diocesan realm believe they’ve only begun to tap into the potential for these gifts.

Dan McKune, executive director of Catholic Community Foundation of Mid-Michigan, which covers the Diocese of Saginaw, said Catholic donors are used to giving to an annual diocesan appeal or a school fund. “But we still are not where we want to be,” he said. “Our donor base is about 1,000 people, and they’ve been very, very good givers.” However, he thinks the foundation could attract and retain 2,500 donors ­— and possibly twice that.

The way the Saginaw foundation is set up, it “deals more in perpetual-type funds,” McKune said. “Once the money goes [to the foundation], you don’t ask for it back.”

Anne Cullen Miller, executive director of the St. Paul-based Catholic Community Foundation of Minnesota, said a Catholic community foundation provides a way to diversify fundraising strategies, moving beyond an annual appeal and weekly giving.

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Introducing Mary Haeg

Introducing Mary Haeg

We are pleased to announce that Mary Haeg joined the Catholic Community Foundation (CCF) in January. As our Development/Gift Planning Officer, Mary will assist Vice President of Development and Donor Relations with the stewardship of individual planned gifts made to the Foundation. Though she originally hails from Minnesota, Mary comes to us from a three-year stint in Georgia, where she served as development director at Macon Volunteer Clinic…

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Catholic Spirit: Catholics find opportunities to invest, contribute for good

Catholic Spirit: Catholics find opportunities to invest, contribute for good

For Larry and Suzanne Vanden Plas, investing for charitable giving is about the corporal works of mercy: They perform the works they can, and they support local organizations to do what they can’t with gifts from their donor-advised fund managed by Catholic Community Foundation of Minnesota.

“When you look at the corporal works of mercy, how would you do that?” asked Larry, who along with Suzanne belongs to St. John the Baptist in New Brighton. “If you limit yourself to only those situations that you personally could do, one to one, you’re going to miss out on most of it … What we can do is support these different activities and actually be personally involved in some of them.”

To receive insights and updates to help them in what is often more long-term stewardship, the Vanden Plases and more than 200 other individual donors, financial advisors, and representatives of parishes and other Catholic organizations attended the St. Paul-based foundation’s 22nd annual investment conference Feb. 8 at the University of St. Thomas in St. Paul.

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CCF on Relevant Radio

CCF on Relevant Radio

One of our Investment Conference speakers, a global expert in faith-consistent investing, Rev. Séamus Finn, OMI was interviewed along with CCF President Anne Cullen Miller on February 2, 2017 on Relevant Radio®. The radio program A Closer Look™ is hosted by Emmy award-winning journalist Sheila Liaugminas.

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