We encourage you to seek the counsel of a financial planner or tax advisor to determine the most tax-wise method of making a contribution to the Church of St. Peter and the best way to satisfy your financial planning needs. If you do not have an advisor, please contact the parish office at  (651) 777-8304 and staff will be happy to provide you with volunteer resources who will answer your questions in a professional and timely manner.

Cash Gifts

Outright gifts of cash, either given immediately or committed over a period of three tax years, are the most prevalent and often the simplest way to make a commitment. Current tax law provides a substantial deduction from your adjusted gross income for a contribution made in any calendar year. 

Appreciated Property & Investments

You may find that gifts of appreciated property, such as real estate holdings, a personal residence, a second home, land, common stock, bonds or other securities could offer significant tax savings.

Closely Held Stock

Stock contributed from a family business or other closely held stock may offer the opportunity to maximize your commitment to our campaign and receive the tax deduction for the gift, and eliminate substantial taxes on capital gains realized between the acquisition date of the stock and the contribution date.

If you intend to transfer shares of stock or securities, it is important for your broker to call the chief of staff at  (651)777-830 and indicate the impending action. Be certain to instruct your broker to transfer the shares of stock directly to the Church of St. Peter and not sell the stock and then transfer the proceeds to the parish to maximize your tax savings.

Employer Matching Funds

You may wish to consult with your employer to determine if a matching gift from your company can double the value of your contribution.

Leave a Legacy—Remember us in your Will & Estate Planning

We invite you to consider remembering the Church of St. Peter and St. Peter Catholic School in your legacy planning to help ensure we can continue to support the faith formation needs for generations to come. Here are a few options you wish to consider. As with any estate planning, we encourage you to consult with a licensed financial planner, accountant or attorney. 
 
While Living:

• Transfer of stock, bonds, mutual funds
• Designate your IRA Required Distributions after age 70 1/2 

 
 
As Part of an Estate Plan

• Will – bequest
• Life Insurance Beneficiary  
• Retirement Plan Beneficiary 
• Transfer on Death (TOD or POD accounts)
• Trusts

Note: In many cases, you may designate a beneficiary to receive a specific percentage of the proceeds, not necessarily the entire amount.