OTHER WAYS TO GIVE
There is no better way to bring Christianity to life than through generosity. God himself redeemed our world through a generous gift. That is why gratitude is the hidden door leading to the meaning of life— it is the way the heart remembers its own purpose…which is to be generous. And that is why generosity not only restores others, it heals us.
When you include Real Life Catholic in your estate plans, you can be confident your legacy reflects and impacts your faith by providing for future generations of Catholics—both here at home, and around the world.
QUICK LINKS
GIVE IN SOMEONE’S HONOR
Honor your loved ones with a gift that transforms lives. Customize your card and then email it to share your faith, your hope, and your love.
If you want to extend your support through your estate, there are many gift options. We can help you find a plan that meets your needs, benefits our faith by strengthening Real Life Catholic’s voice for your values for many decades, and touches countless souls along the way.
MAKE A GIFT IN YOUR WILL
A Simple Gift—A Powerful Impact
When you include Real Life Catholic in your will or trust, you make a powerful commitment to reinvigorating the Catholic Church in America, aiding people around the world, and ensuring the great work we are doing at Real Life Catholic will continue for years to come.
A charitable bequest is a simple, flexible, and easy way to support Real Life Catholic for generations to come. As little as one sentence of bequest language is all that is needed to complete your gift.
If you would like to make a gift in your will or trust to Real Life Catholic, your attorney may use the following language:
“I give to Real Life Catholic, whose current legal address is 6160 South Syracuse Way, Suite 100, Greenwood Village, CO 80111 the sum of $___________ (or specifically describe property or percentage of estate or residual), to be used for its general charitable purposes as the Board of Directors of Real Life Catholic shall determine.”
NOTE: The Internal Revenue Service recognizes Real Life Catholic as a tax-deductible, 501(c)(3) non-profit organization. Our tax identification number is 45-5489172.
NAME REAL LIFE CATHOLIC AS A BENEFICIARY
You can support Real Life Catholic by simply adding Real Life Catholic as a beneficiary on your IRA or other retirement plan. It’s the easiest way to ensure that Real Life Catholic is accessible for the people and the community you care about long into the future. You can also add Real Life Catholic as a beneficiary to your life insurance policy or commercial annuity.
Here’s how it works: You get a copy of your beneficiary designation form (a document which clearly identifies how specific assets will be distributed after your death), from your plan administrator. You then update the beneficiary list to include a percentage or a specific amount to Real Life Catholic. You can update the form at any time—giving you flexibility if your financial situation changes.
You can name Real Life Catholic as a primary, partial, or secondary beneficiary to your retirement plan, insurance policy, or investment accounts. If you so generously choose to make this gift, here are your next steps:
Talk to your financial or legal advisor to learn which assets will or will not trigger taxable income when paid to a beneficiary.
If you name Real Llife Catholic in your plans, please use our legal name and federal tax ID.
LEGAL NAME: Real Life Catholic
ADDRESS: 6160 South Syracuse Way, Suite 100, Greenwood Village, CO 80111
FEDERAL TAX ID NUMBER: 45-5489172
MAKE A GIFT FROM YOUR IRA
A Tax-Saving Way to Help Real Life Catholic
See Your Generosity in Action
If you are 70½ years old or older, you can take advantage of a simple way to benefit Real Life Catholic and receive tax benefits in return. You can give up to $100,000 from your IRA directly to a qualified charity such as ours without having to pay income taxes on the money. This popular gift option is commonly called the IRA charitable rollover, but you may also see it referred to as a qualified charitable distribution, or QCD for short.
This law no longer has an expiration date, so you are free to make annual gifts to Real Life Catholic this year and well into the future.
Why Consider This Gift?
Your gift will be put to use today, allowing you to see the difference your donation is making.
You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
If you have not yet taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.
Frequently Asked Questions
Q. I’ve already named Real Life Catholic as the beneficiary of my IRA. What are the benefits if I make a gift now instead of after my lifetime?
A. By making a gift this year of up to $100,000 from your IRA, you can see your charitable dollars at work. You are jump-starting the legacy you would like to leave and giving yourself the joy of watching your philanthropy take shape. Moreover, you can fulfill any outstanding pledge you may have made by transferring that amount from your IRA, as long as it’s $100,000 or less for the year.
Q. I’m turning age 70½ in a few months. Can I make this gift now?
A. No. The legislation requires you to reach age 70½ by the date you make the gift.
Q. I have several retirement accounts—some are pensions and some are IRAs. Does it matter which retirement account I use?
A. Yes. Direct rollovers to a qualified charity can be made only from an IRA. Under certain circumstances, however, you may be able to roll assets from a pension, profit sharing, 401(k) or 403(b) plan into an IRA and then make the transfer from the IRA directly to Real Life Catholic. To determine if a rollover to an IRA is available for your plan, speak with your plan administrator.
Q. Can my gift be used as my required minimum distribution under the law?
A. Yes, absolutely. If you have not yet taken your required minimum distribution, the IRA charitable rollover gift can satisfy all or part of that requirement. Contact your IRA custodian to complete the gift.
Q. When do I need to make my gift?
A. We must receive your gift by Dec. 31 for your donation to qualify this year. If you have check-writing privileges on your IRA account, please mail your check by Dec. 20 in order to give us time to process your gift before the end of the year.
Q. Do I need to give my entire IRA to be eligible for the tax benefits?
A. No. You can give any amount under this provision, as long as it is $100,000 or less this year. If your IRA is valued at more than $100,000, you can transfer a portion of it to fund a charitable gift.
Q. I have two charities I want to support. Can I give $100,000 from my IRA to each?
A. No. Under the law, you can give a maximum of $100,000. For example, you can give each organization $50,000 this year or any other combination that totals $100,000 or less. Any amount of more than $100,000 in one year must be reported as taxable income.
Q. My spouse and I would like to give more than $100,000. How can we do that?
A. If you have a spouse (as defined by the IRS) who is 70½ or older and has an IRA, he or she can also give up to $100,000 from his or her IRA.
It is wise to consult with your tax professionals if you are contemplating a charitable gift under the extended law.
GIFTS OF APPRECIATED STOCK, MUTUAL FUNDS, OR OTHER SECURITIES
Your broker can assist you in making a gift of securities, including stock or mutual fund shares, through a direct transfer to Real Life Catholic. The potential benefits of this type of gift may include a charitable income tax deduction equal to the fair market value of the securities donated, avoiding capital gains tax on any increase in the current value over the original cost, and impacting the mission of Real Life Catholic today.
If you would like to make a gift of securities, please provide your broker with the following information:
Receiving Firm Name: TD Ameritrade
Receiving Account Title: Real Life Catholic
Receiving Firm DTC Number: 0188
Receiving Account Number: Contact Us for Details
Contact us at AmbassadorsofHope@RealLifeCatholic.com for any questions or assistance.
FOR PROFESSIONAL ADVISORS
In your work as a professional advisor, you value professionalism, integrity and honesty—taking the utmost care when serving your clients. As a nonprofit organization, we share your values and take the same care when it comes to helping our donors plan charitable gifts to Real Life Catholic. Please use these tools as you help your clients with their charitable plans, and feel free to contact us for more information or assistance.
Tools for Professional Advisors
LEGAL NAME: Real Life Catholic
ADDRESS: 6160 South Syracuse Way, Suite 100, Greenwood Village, CO 80111
FEDERAL TAX ID NUMBER: 45-5489172
Make a Gift to Real Life Catholic in Your Will
If your clients are interested in supporting Real Life Catholic with a gift in their will, we have provided sample bequest language that they can bring to their estate planning attorney.
Partner With Us
We understand that gifts to charities such as Real Life Catholic can be an important part of your client’s overall financial and estate plans. That’s why we’re committed to working with you to ensure that your clients find the charitable arrangements that best meet their needs. We believe that charitable planning is a process that ideally involves the donor, professional advisors, and our gift planning staff—all working together to arrange the best gift possible.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results
