Plan Your Gift
Gift planning benefits both you and and our parish. You receive the satisfaction of knowing that your gift furthers conservation and education for future generations. An additional benefit may be substantial tax savings, proportionate to the size of the gift.
Ways to Give
By including St. Basil the Great in your estate plans through one of the following ways, you can help preserve and expand the mission and ministries of our parish:
Gift in a Will or Trust
A gift in a will or trust is one of the easiest ways to support St. Basil the Great. You may donate cash, securities or real estate in your will or trust. Our staff is available to assist you or your advisors, offering sample bequest language or providing information about specific programs of personal interest to you. Contact us at give@basilthegreat.org
Appreciated Securities
Appreciated assets such as publicly traded stocks or mutual funds are a great way to support St. Basil the Great and reduce capital gains tax!
Electronic transfer of publicly traded stock is the most secure and efficient way to donate stock. To transfer stock, please provide your bank or broker with transfer instructions (PDF) and notify give@basilthegreat.org of your intentions to ensure timely delivery.
IRA or Qualified Retirement Plan
Upon death, retirement plans or IRA balances are included for estate and income taxes to your beneficiaries – often up to 85%. Designating St. Basil the Great as a beneficiary of your IRA or retirement plan prevents these funds from becoming a liability of your estate, and the gift is made with pre-tax dollars.
Our staff is available to assist you or your advisors, providing information about specific programs of personal interest to you. Contact us at give@basilthegreat.org
ACCOUNT BENEFICIARY DESIGNATION
The following information should be used to designate St. Basil the Great as an account beneficiary:
Tax Identification Number: 34-0907047
Charitable Lead Trust
Lead trusts allow you to transfer assets to a trust that pays St. Basil the Great an income for your lifetime, or specified number of years. At the expiration of the lead trust, remaining assets transfer to the donor’s beneficiaries with decreased or eliminated estate and gift taxes.
Our staff is available to assist you or your advisors with additional information regarding charitable lead trusts. Contact us at give@basilthegreat.org
Charitable Remainder Trust
A charitable remainder trust offers a gift to St. Basil the Great without loss of income to you and provides a current income tax deduction allowed for a future gift. The value of the gift is based on current market value, without triggering a taxable capital gain and offers an income at a desired percentage without regard to current investment return.
Our staff is available to assist you or your advisors with additional information regarding charitable remainder trusts. Contact give@basilthegreat.org
Life Insurance
Life insurance makes it possible for virtually everyone to make a meaningful gift to St. Basil the Great. Policies that were never used for their original purpose can make excellent gifts. Tax benefits depend on many factors, including whether the policy is fully paid.
Our staff is available to assist you or your advisors with additional information regarding life insurance policies to benefit St. Basil the Great. Contact give@basilthegreat.org
Charitable Gift Annuity
With a gift of cash or marketable securities, you may purchase a charitable gift annuity that can provide you or a designated beneficiary with annual guaranteed lifetime income payments. Once your income needs are met, the initial gift will benefit St. Basil the Great. The amount of guaranteed lifetime payments depends on the age of the beneficiary in the year of donation and the value of the gift. A gift annuity provides you with tax benefits in the year of donation as well throughout your lifetime.
Our staff is available to assist you or your advisors with additional information regarding charitable gift annuities. Contact give@basilthegreat.org