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Since 1732, the Redemptorists — a congregation of missionary priests and brothers — have followed in Jesus’ footsteps, preaching the Word and serving the poor and most abandoned.
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Planned giving

Bequests

Remembering the Redemptorists in your will is a great way to build the Kingdom and spread the Gospel after you return to the Lord.

Download our planned-giving brochure, check out our planned-giving calculator, or keep reading to learn more.

There are three types of bequests: residuary, specific, and contingent.

A residuary bequest is stated as a percentage.

Example: _____% of my estate.

A specific bequest is stated as a fixed dollar amount.

Example: the sum of $__________ or __________ asset.

A contingent bequest benefits the Redemptorists if an individual beneficiary predeceases the donor or a charitable organization ceases to exist at the time of the donor’s passing.

Example: In the event [name of individual beneficiary] predeceases me or [name of charitable organization] fails to exist at the time of my passing I leave [his/her/their] portion of my estate to the Redemptorist Office for Mission Advancement Inc.

Bequests can be written into a Last Will and Testament or added as a codicil.

Our legal name for purposes of accepting bequests is Redemptorist Office for Mission Advancement Inc.

Our federal tax ID number is: 26-3602779.

Planned gifts that protect your assets

Often donors can achieve their financial objectives while making transformative investments in charitable organizations. Many people find they can realize significant tax savings, convert non-income-producing assets into reliable revenue streams, and pass property to beneficiaries free of estate tax, while providing for vital charities such as the Redemptorists.

Consider this scenario: Ted Hodgkins purchased stock in the 1970s that was worth significantly more than what he paid for it. Regrettably, the shares paid no dividends, so Ted derived no benefit from the investment. To make matters worse, Ted was afraid to sell the shares for fear of having to pay substantial capital gains tax.

Instead, Ted contributed $1,000,000 worth of shares to the Church, enabling him to claim a charitable deduction for their full market value. Ted worked with his attorney to create a charitable remainder trust, one of several vehicles that help donors protect their assets and achieve their financial goals.

The trust sold the shares and used the proceeds to make annuity payments to Ted for the rest of his life. In this way, he converted a non-income-producing asset into a reliable revenue stream. Ted also avoided the capital gains tax he would have had to pay if he had sold the shares himself.

Moreover, Ted used a portion of the annuity payments he received to purchase a $1,000,000 life insurance policy, thereby passing this same amount to his heirs.

Combining the annuity payments and tax savings, Ted received more than $1,100,000 worth of benefits by giving $1,000,000 to the Church.

If you are in a similar situation, we encourage you to call the Advancement Office toll-free at 877-876-7662 or e-mail us.