Bequest<\/strong>s<\/h2>\n\n\n\nA bequest is one of the simplest ways to make a planned gift. You can include the Passionists in your will or living trust, allowing you to retain full control of your assets during your lifetime while making a powerful impact in the future.<\/p>\n\n\n\n
Charitable Gift Annuit<\/strong>ies<\/h2>\n\n\n\nA charitable gift annuity allows you to support the Passionists while receiving guaranteed lifetime income in return. Here\u2019s how it works:<\/p>\n\n\n\n
\n- You make an irrevocable donation of $10,000 or more (cash or appreciated securities).
<\/li>\n\n\n\n - You and\/or your beneficiary receive fixed annual payments for life.
<\/li>\n\n\n\n - Payments can start immediately (if you’re 65 or older), or be deferred (starting at age 65, with a minimum age of 60 to enroll).
<\/li>\n\n\n\n - You receive an immediate charitable tax deduction, and if giving appreciated assets, you may reduce capital gains taxes.
<\/li>\n\n\n\n - After the lifetimes of income recipients, the remaining funds go directly to support Passionist ministries.
<\/li>\n<\/ul>\n\n\n\nStocks, Bonds and Mutual Funds<\/strong><\/h2>\n\n\n\nGifts of appreciated stock in support of Holy Cross Province can often present significant tax benefits.<\/p>\n\n\n\n