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Gifts of Cash | Gifts of Stock | Heritage Society | Life Income | Donate Online
Approximately 55% of the cost of providing care and services for our children is reimbursed by the State of Missouri. The balance comes from the generosity of our friends and alumni, corporate and foundation grants and United Way.
For a limited time, contributions of $100 or more create a special tax benefit for our donors. St. Vincent Home for Children has received $180,000 in Youth Opportunity Program (YOP) tax credits from the Missouri Department of Economic Development for our program for our children. Donations can be made by check, credit card or stock transfers. In addition to the usual tax benefit of your contribution, you may deduct 50% of your donation from your Missouri tax liability. For example, if you owe $2,000 in taxes to the State of Missouri and make a $1,000 YOP-eligible contribution, it will reduce your tax liability to $1,500! For more information on this opportunity, please contact Jo Curran, Director of Development at 314-261-6011, ext. 123 or jcurran@saintvincenthome.org
Please consider St. Vincent Home for Children when you are planning a charitable donation. Gifts of cash, stock, life income gifts and bequests ensure that our children will always have that helping hand that will lead to a positive change for them and future generations.
Investments can be mailed to: St. Vincent Home for Children, 7401 Florissant Road, St. Louis, MO 63121. Or, to make a contribution on line, click here.
Gifts of cash to St. Vincent Home for Children are fully tax deductible – up to a maximum of 50% of your adjusted gross income. You may make a contribution on-line or forward your donation to St. Vincent Home for Children – 7401 Florissant Road – St. Louis, MO 63121. Many companies provide matching gifts for charitable contributions. If your company has a matching gift program, please enclose the matching gift form with your check.
Investments can be mailed to: St. Vincent Home for Children, 7401 Florissant Road, St. Louis, MO 63121. Or, to make a contribution on line, click here.
Gifts of stock can often yield a higher rate of tax relief than gifts of cash. This is because a gift of appreciated stock can offer two ways to save taxes:
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You will not be required to pay capital gains tax on the increase in the value of any stock donate.
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You will receive an income tax deduction for your charitable contribution for the full market value of the stock donated.
Note that in order to receive the full tax advantage of gifts of stock, you must have held the stock for a “long term” (usually for at least a year and a day).
Please consult your financial advisor regarding gifts of stock. If you determine that a gift of stock would be your preferred way to invest in the lives of the children at St. Vincent’s, please contact Linda Egelhoff at 314-261-6011, ext. 130 or email: legelhoff@saintvincenthome.org.
Many of our friends have joined St. Vincent Home for Children’s Heritage Society. By including St. Vincent Home for Children in their will, they have helped to ensure that we will continue to be able to care for the children who need us now and into the future. We are truly grateful for their generosity!
If you would like to know more about the Heritage Society and/or how to include St. Vincent Home for Children in your will or if you’ve already named St. Vincent’s in your will, please call Jo Curran at 314-261-6011, ext. 123 or email: jcurran@saintvincenthome.org.
For some, a life income gift is a good way to invest in the lives of the children at St. Vincent’s. One type of life income gift can be accomplished through the establishment of a charitable remainder trust. This investment would involve the transfer of cash or stock to St. Vincent Home for Children that would provide an annual return to you. The income on this gift would be paid to you and/or a beneficiary for life, after which the assets would be distributed to us. This arrangement would allow you to increase your income and make a meaningful – and tax deductible contribution to St. Vincent Home for Children at the same time.
Please consult your financial advisor to determine if this type of contribution would be appropriate for you. |
