Why Give?
It takes resources to reach people and
share the Gospel.
When we give, we are living out the Gospel in a tangible way by putting God first in our lives.
God loved us first and giving to God says you love him first too. Your generous donation helps us to spread God’s love throughout the Fremont area.
Ways to Give
Not having cash or a check when the basket comes around on Sunday doesn’t have to hold you back from giving.
Online Giving
Easy. Fast. Secure.
Click the button below to set up a recurring gift or make a one time donation.
Need help setting up online giving? Contact Our Sunday Visitor at 1.800.348.2886 or our parish helpline 510.456.4969 for assistance.
Text to Give
Text the dollar amount you would like to give to (510) 662-0792
For example, if you wanted to donate $45 you would send
45 to (510) 662-0792
When you use text to give for the first time, you will need to set up an account with your phone number. You can also set up an account online right now.
Envelopes
When you register as a parishioner, we will send you envelopes every two months.
These can be put in the basket at Mass or dropped off at the office.
Charitable Giving
In sharing your financial resources, you help our parish make the Body of Christ a visible and effective presence in our community and our world.
There are several gift giving opportunities, and through thoughtful planning, you can choose the option that works best for you and your loved ones. Some paths you may take include:
1
QUALIFIED CHARITABLE DISTRIBUTIONS (QCD)
Individual retirement arrangement (IRA) owners age 70½ or over that they can transfer up to $100,000 to charity tax-free each year. These transfers, known as qualified charitable distributions or QCDs, offer eligible older Americans a great way to easily give to charity before the end of the year. And, for those who are at least 73 years old, QCDs count toward the IRA owner’s required minimum distribution (RMD) for the year.
Normally, distributions from a traditional IRA are taxable when received. With a QCD, however, these distributions become tax-free as long as they’re paid directly from the IRA to an eligible charitable organization, such as Holy Spirit Catholic Church.
QCDs must be made directly by the trustee of the IRA to Holy Spirit Fremont. An IRA distribution, such as an electronic payment made directly to the IRA owner, does not count as a QCD. Likewise, a check made payable to the IRA owner is not a QCD.
Each year, an IRA owner age 70½ or over when the distribution is made can exclude from gross income up to $100,000 of these QCDs. For a married couple, if both spouses are age 70½ or over when the distributions are made and both have IRAs, each spouse can exclude up to $100,000 for a total of up to $200,000 per year.
2
GIFTS OF APPRECIATED ASSETS (STOCK OR MUTUAL FUNDS)
Charitable gifts of appreciated stocks, bonds, mutual funds and other securities can give you an extra bonus in terms of tax savings (as compared to a donation of cash). If you have owned publicly traded securities more than one year—which makes it a “long term capital gain” asset—you can claim a tax deduction for the full fair market value of the securities and never have to pay capital gains taxes on the appreciation.
In other words, you can donate the same gift value (or larger) at a lower “out of pocket” cost. You can donate stock and then use the cash you would have otherwise used to make a charitable gift to buy more of the same stock. This gives you a higher cost basis in the stock, which saves you tax if you eventually sell the stock.
Charitable gifts of appreciated assets may be deducted up to 30 percent of your adjusted gross income (AGI) each year. You can carry over any excess deduction for up to five additional years, but you must take the maximum deduction each year.
Click on the button below for additional information.
3
DONOR ADVISED FUNDS (DAF)
A donor-advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting charitable organizations you care about, including Holy Spirit Catholic Church.
When you contribute cash, securities, or other assets to a donor-advised fund at a public charity, you may be eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth, and you can recommend grants to any eligible IRS-qualified public charity.
Donor-advised funds are the fastest-growing charitable giving vehicle in the United States because they are one of the easiest and most tax-advantageous ways to give to charity, such as Holy Spirit Fremont.
There are many other charitable giving options that may best meet your own personal financial and philanthropic goals. If you have any questions regarding any of options described above, please contact our Business Manager, Eric Hom at eric@holyspiritfremont.org or 510-797-1660.
As a reminder, Donors contemplating any of the following strategies should consult with their financial, tax or legal advisor.