Other Ways to Give

Bequests

Gifts of Stock

Annuities

Real Estate


 

Bequests

Making a gift to Catholic Charities the Diocese of Albany through your will is a powerful way to make a difference. Your bequest helps ensure that our social services—services that are vital to those among us who are poor, hungry, elderly, isolated, and disabled—will be there when they are needed. The bequest is deductible for federal estate tax purposes.

Making a bequest from a will or a living trust is very simple. You do not have to rewrite your will or trust documents. You simply add an amendment, called a codicil, to your will or trust documents. For your convenience, we have provided some language that your attorney may review:

“I give, devise and bequeath to Catholic Charities of the Diocese of Albany, the sum of _______ dollars ($_____) for the benefit of its general support (or specify the specific program you wish to support).”

Instead of naming a specific amount, you may state a percentage of your estate, a percentage of the remainder of the estate after you have provided for your heirs.

If you have questions or would like further assistance, please contact the Catholic Charities Development Office at 518-453-6650.

Catholic Charities of the Diocese of Albany
40 North Main Ave.
Albany, NY 12203

For more information on planned giving options, please visit the Foundation Office at the link below.
http://www.foundationrcda.org/

 


 

Gifts of Stock

Gifts of Appreciated or Depreciated Stocks
Benefits You and Catholic Charities of the Diocese of Albany

Your gift of stock can help all those who receive aid through Catholic Charities of the Diocese of Albany social services – and bring tax benefits to you and your family.

Gifts of appreciated stocks and bonds can offer two tax advantages to the donor. On stocks held for more than one year, the donor may be able to avoid paying capital gains tax on the appreciated value. The donor may also qualify for a charitable tax deduction on the value of the securities on the date the gift is made.

If you make a gift of stock, won’t you let us know?

While Catholic Charities of the Diocese of Albany gratefully accepts all gifts, including anonymous ones, it is very important for us to know the identity of the donors of all securities gifts in order to give prompt and accurate credit for gifts received. Particularly in the case of an electronic transfer, it is often very difficult to obtain this information after the transaction is processed.

Also, as soon as a securities gift is received and matched to the donor, Catholic Charities of the Diocese of Albany sends an acknowledgment stating the nature of the gift, the gift valuation date and the gift valuation amount for tax purposes.

To properly process your gift and acknowledge your generosity, please contact Michele Kelly, Chief Fiscal Officer:

Catholic Charities of the Diocese of Albany
Email: michle.kelly@rcda.org
Phone: 518-453-6650
Fax: 518-453-6792

You will need to provide us with the following information:

  • Donors name and complete address
  • Name of stock and type (common, public, private, restricted)
  • Number of shares or securities transferred
  • Date you intend to make the gift

To properly transfer stock as a gift, your broker will want the following information about Catholic Charities of the Diocese of Albany:

  • Brokerage: Merrill Lynch
  • DTC Number: 5198
  • Account Name: Catholic Charities of the Diocese of Albany  
  • Account Number: Catholic Charities of the Diocese of Albany Fiduciary Account # 141340033

 


 

Annuities

Charitable Gift Annuities
A Meaningful Way to Sustain Vital Social Services

The Charitable Gift Annuity enables you to transfer cash or marketable securities to Catholic Charities of the Diocese of Albany in exchange for an immediate income tax deduction (the year you make your gift) and guaranteed fixed payments to you for life. But most importantly, your Charitable Gift Annuity is a meaningful way to partner with us as we reach out to each and every individual in need – transforming families, neighborhoods and the life of our communities.

A gift annuity is simple to create. You fund your annuity with a gift of cash or stock. You are then paid a guaranteed fixed amount, monthly, quarterly, semi-annually or annually for life – you choose what works best for you.

Annuities generate an immediate charitable tax deduction and can partially bypass capital gains tax. Your gift annuity can even provide payments for a spouse or other beneficiary of your choosing. Annuity rates vary with age. A charitable annuity named for the benefit of Catholic Charities of the Diocese of Albany can provide you with fixed, guaranteed payments and the satisfaction that you are making a significant future gift to sustain our vital social services.

We’re here to answer your questions!

Please contact the Development Office with your questions.  518-453-6650

For more information on planned giving options, please visit the Foundation Office at the link below.
http://www.foundationrcda.org/

 


 

Gifts of Real Estate

Tax Savings that Transforms Lives

Gifts of real estate are a profound and meaningful way to support Catholic Charities of the Diocese of Albany and are not limited to personal residences. They include investment or commercial properties, agricultural properties, parcels of undeveloped land and more.

In most circumstances, your charitable contribution is based on the appraised value of the real estate at the time the gift is transferred to Catholic Charities of the Diocese of Albany. On an appreciated property, you avoid capital gains tax by donating the real estate to Catholic Charities of the Diocese of Albany prior to its sale.

If you are considering making a gift of real estate to Catholic Charities of the Diocese of Albany or you have questions, please contact the Development Office at: 518-453-6650.

For more information on planned giving options, please visit the Foundation Office at the link below.
http://www.foundationrcda.org/