BY MARGARET BUCKSTAFF
Dear People of Saint Anne,
The week of November 21, 2020, we will present our annual report to the parish. It will represent all of the wonderful events thattook place in the parish from July 2019-June 2020. It will also include an in depth view of how the parish has been doing in thisunprecedented time. As we keep an eye on our financial outlook, we understand that this current year will be a challenging one.In that understanding comes a desire and responsibility to share and ‘give back’, in thanksgiving, all we have been given. Thevitality of Saint Anne Catholic Community relies on the generosity of our parishioners to serve the community. Below aredescriptions of different opportunities to share in Saint Anne’s financial stability, either in conjunction with or in addition to yourweekly/monthly contributions. Any of these forms of contribution can be used to fund your Fall Catch-up donation that is sovital this year.
Weekly, biweekly, and monthly contributions
Give CentralThis option is an online giving site for parishes within the Archdiocese of Chicago, available for your weekly/monthly giving or aone-time donation using a credit card or direct debit. Payments can be charged or debited to your account on a specific date andfrequency chosen. We accept most major credit cards. Please visit givecentral.org to set up your direct debit or credit cardcontributions. Step by step directions follow in this bulletin. This option gives us weekly stability of our contributions. You aremore than welcome to call the parish offices and we can set you up on this form of giving.
Saint Anne Catholic Community offers both weekly and monthly envelopes for cash/check contributions which are mailed to yourhome. In addition, these packets offer envelopes for the Archdiocese of Chicago second collections.
Additional Ways to contribute financially both now and at year-end.The standard deduction may have been increased, making it less likely that charitable gifts will be itemized, but there are stillmany ways to make a tax-advantaged gift to the Parish.
If you are an employee or retiree of a company with a matching gift program, you can designate that a matching gift be given tothe parish. Ask your employer if they participate in such a program.
Gifts from IRA Accounts
For donors 70-1/2 or older, gifts up to $100,000 can be made directly from an IRA account. These gifts not only count towardmeeting minimum required distributions, they are not subject to income tax and can lower a donor’s total income.
Gifts of Stock
Gifts of appreciated stock are among the best ways to give, since those gifts are not subject to capital gains tax, saving you up to20% on your gift.
“Bunching” Annual Gifts
If you would like to maintain your current annual charitable giving, but are concerned that you might not be able to itemize thosegifts, consider “bunching” several years’ worth of annual gifts into a single year. You might be able to itemize in your year ofgiving and then take a standard deduction in the following years, resulting in tax savings.
If you have any questions, please contact me in the parish office. We are grateful for your commitment and generosity to SaintAnne Catholic Community throughout the year.