Gifts of Cash or Check
Simply complete your pledge card. Make your checks payable to St. Mark’s Building Fund. Make sure to select your method of payment, i.e., monthly, quarterly, semi-annual payments. You may return the pledge card in the Offertory collection, bring it by the parish office, or return it in the mail. You will be sent payment reminders and special payment envelopes in accordance with the payment plan you choose.
Gifts of Stocks
Donors may use their own broker or the diocese’s broker to transfer and sell stock. If the stock has been held long-term (over one year), the donor does not have to pay capital gains tax on that stock, and its allowed tax deduction for the average high and low price of the stock on the date the gift was made, provided that the stock is first transferred to the parish, via the Diocese of San Diego, before being liquidated.
Gifts of Property
Families or individuals can make gifts of real estate or personal property. This can be in the form of a house, land, car, etc. All properties are subject to appraisals for their fair market value.
Gifts of Annuities
A charitable gift annuity is a combination of a gift to charity and an annuity. An annuitant donor may transfer property to the charity and the charity promises to pay a given amount at the end of each selected payment period to one annuitant for life or two annuitants for both lives. Since part of the annuity payment is a tax-free return of principal, the gift annuity can provide the donor with a very substantial income. The combination of partially tax-free income and the initial charitable deduction makes this agreement quite attractive.
Federal and state laws on income and inheritance taxes encourage charitable giving. It may be particularly advantageous for some people to contribute stocks, appreciated securities, annuities, property or other valuables. In many cases, the tax savings may be more than your original investment in the gift. Because each situation is unique, we urge you to discuss such donations with a financial adviser.
“Give and gifts will be given to you…for the measure with which you measure will in return be measured out to you.” Luke 6:38
Tax Advantages of Charitable Giving
All contributions to our campaign are deductible for those who itemize their taxes. Because each situation is unique, we urge you to discuss various gift options with your family and possibly your financial adviser to determine what type of gift is most beneficial to you and St. Mark’s Parish.
As You Make Your Pledge, Please Remember
- Make checks payable to “St. Mark’s Building Fund”
- Indicate the payment plan that best allows you to pay your pledge balance. The parish will send scheduled reminders, according to your payment preference.
- Pledge payments are in addition to your regular offertory contribution. The Sunday offertory collection pays for the day-to-day operations of the parish, while your pledge in this campaign will be used specifically for the projects outlined on this page.
- Pledge payments made to the Campaign are placed in a restricted building fund and can only be used by St. Mark’s for the building projects and the debt from Phase One of the Master Plan. Payments should be made over a period of 3 years. A longer or shorter period may be arranged if desired.
- Pledges are not legally binding, but rather an indication of your giving intentions.
- Your Gift is Personal and Confidential: The decision of how much you give is very personal. We realize that each parishioner has different financial circumstances. Only you can decide what you can sacrifice for St. Mark’s Parish. Your contribution, no matter what amount is a testament to your faith and willingness to support the work of our parish.
For more information please contact Silvia Calvet at; firstname.lastname@example.org or (760) 744-1540 ext. 234 .
We welcome all questions!
“Everyone must give according to what he or she has inwardly decided; not grudgingly, for God loves a cheerful giver. God can multiply his favors among you so that you will always have enough of everything and even surplus for good works.” 2 Cor. 9: 7-8