Giving
STEWARDSHIP AND TITHING:
At the Church of St. Francis of Assisi we ask all of our members to try their best to offer the equivalent
of one hour of their work week to the mission of the church.
This comes out to a 2.5% tithe of our income.
You can fulfill your call to financially support the church by donating online here.
You can make a one time donation, or set up a recurring donation in the frequency and amount of your choice.
If you have any questions about giving, or about our online giving system, you may contact Fr. Brian Jordan, OFM at [email protected] or 212-736-8500, Ext 232.
OTHER WAYS OF GIVING:
WILLS AND BEQUESTS
Many people chose to leave a bequest to support the church as part of their legacy. We are very grateful if you remember the Church of St. Francis of Assisi (that is our legal name) when drawing up your will. We depend on bequests and donatoins to continue the legacy of our church that has been serving the faithful in New York for 175 years.
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CHARITABLE DONATIONS OF STOCK
The Church of St. Francis of Assisi also accepts donations of stocks. For many people, the tax benefits of this way of supporting the church is very attractive. We recommend speaking to your financial adviser about the benefits of donating stocks.
Tax-Free IRA Gifts
How It Works
- If you are 70½ or older, you can give up to $100,000 directly from your IRA to Old St. Pat’s free from federal income tax each year.
- The transfer generates neither taxable income nor a tax deduction, so you still benefit even if you do not itemize your tax deductions.
- Your IRA charitable rollover gift can satisfy all or part of your required minimum distribution (RMD) for the year.
- Be sure to have the gift distributed directly from an IRA to the Church of St. Francis of Assisi.
Donor Advised Fund
A Donor Advised Fund (DAF) is often administered by a financial services company or a community foundation. It allows you to combine the most favorable tax benefits with the flexibility to easily support the Church of St. Francis of Assisi. During your lifetime, you can recommend a grant to the Church of St. Francis of Assisi from your donor advised fund (DAF) at any time. You also may designate one or more beneficiaries to receive the remaining contributions in your DAF after your lifetime. We hope you will consider naming the Church of St. Francis of Assisi as one of the final grantees of your fund.
If you would like more information about these or other ways to financially support the church,
please contact Fr. Brian Jordan, OFM, at 212-736-8500 x232 or at [email protected]