Planned Giving Options

Giving Through Retirement Plans–IRA, 401(k), 403(b), Profit Share

People often overlook their 401(k), 403(b), or profit sharing plan when they think about making a planned gift.

It’s easy to remember Our Lady’s Association with a planned gift by donating proceeds from your retirement plans. Just add Our Lady’s Association as a beneficiary of your retirement plan.

Gifts of Life Insurance

Life insurance offers you another way to make a charitable bequest to our Lady’s Association.

You can turn a paid up or term life insurance policy that you no longer need to cover the mortgage or college expenses into a planned gift to our Lady’s Association by naming us as a beneficiary.

You might also consider the purchase of a new life insurance policy to donate to our Lady’s Association.

You can even give a life insurance policy to our Lady’s Association before your death. It could be a new or an existing policy. This can result in an income tax savings in the year you make the gift.

Often a gift you make through life insurance is larger than one you could afford from other assets.

Gifts of Cash

Cash (including check and credit card) is the most popular type of gift. Cash gifts to the Association can be a charitable deduction on your tax return up to 50% of your adjusted gross income (AGI).

If you do not normally itemize deductions, you can consider combining two years of deductions into one tax year for more advantageous tax treatment.

Stocks and Bonds

We often forget that there are many ways to give gifts to the Association. If you own securities that have increased in value, you may want to donate the securities directly to the charity.

If you have owned the securities for more than one year, you can use their current value as an income tax deduction. If your securities have decreased in value, it might be advantageous for you to consider selling them and using the cash proceeds to make a charitable gift.

The amount of the gift can be a tax deduction, and the loss created by the sale may be used as a deduction from other taxable income.

Giving Through a Trust

There are many types of charitable trusts. You can design yours to fit your individual circumstances and needs.

A well-designed trust will help you safeguard your assets, and is a very useful tool when the time comes to distribute them to others when you no longer need them.

We are all called to be good stewards of our gifts from God. After you provide for the needs of your loved ones, why not return a share to God.

Remembering our Lady’s Association in your trust is an expression of your dedication to the work that is dear to the Blessed Mother’s heart.

For more information, contact our Charitable Giving Coordinator or call our office at 1-800-264-6279 and ask for Krista, Nicole, or Krysten.

Giving Through a Charitable Gift Annuity

When can a gift pay 5% – 8% income to the donor?

• • Minimum $10,000 gift

• • Minimum age is 70

• • Rate of return is based on age

  • Generous tax deductions increase income even more!

Call 1-800-264-6279 and ask for Krista, Nicole, or Krysten to learn more about a Miraculous Medal Charitable Gift Annuity!

Or see our brochure with more details!

Our Legal Name and Sample Language

Association of the Miraculous Medal
1811 West Saint Joseph Street
Perryville, Missouri 63775-1598
(573) 547-8343

Our Tax ID # is 43-0673516

Sample bequest language for remembering the Association of the Miraculous Medal in your will:

“I hereby give, devise, and bequeath unto the Association of the Miraculous Medal, 1811 West Saint Joseph Street, Perryville, Missouri 63775, _________% of my estate, for the furtherance of its works.”

“I hereby give, devise, and bequeath unto the Association of the Miraculous Medal, 1811 West Saint Joseph Street, Perryville, Missouri 63775, __________  for the furtherance of its works.”

“I hereby give, devise, and bequeath unto the Association of the Miraculous Medal, 1811 West Saint Joseph Street, Perryville, Missouri 63775, all the residue of my estate, including personal and real property, for the furtherance of its works.”

The Association of the Miraculous Medal is a 501(c)(3) nonprofit organization, which is approved by the IRS to be tax-exempt.

For more information, contact our Charitable Giving Coordinator or call our office at 1-800-264-6279 and ask for Krista, Nicole, or Krysten.

The Association does not offer legal or tax advice. For legal or financial advice, consult a professional advisor.