Supporting our Mission

The Catholic Community Foundation of Northeast Indiana relies on the support of our Catholic community in Diocese of Fort Wayne – South Bend to keep its mission thriving.  The Foundation has established the Catholic Community Foundation Endowment Fund to help fund our mission long into the future.  Your gift to the Catholic Community Foundation Endowment Fund supports the costs of providing professional services to individuals, parishes, schools and other Catholic ministries who seek our services, as well as endowment fund and grants administration.

Ways to Support the Catholic Foundation

  • Give now to the Catholic Community Foundation Endowment Fund
  • Make a planned gift to the Catholic Community Foundation Endowment Fund and complete the gift in your will or estate

“As each one has received a gift, use it to serve one another as good stewards of God’s varied grace.” – 1 Peter 4:10

 

 

Your Gift

Your Goal

How it Works

Benefits

Will Bequest

Maintain control of assets during your life.
Make a gift to benefit the endowment at your death.

Designate the endowment as a beneficiary of your estate through your will.
You can leave a sum of money, specific property, or a percentage of your estate.

Simplest way to leave a legacy.
Use and own the property during your life.
Bequest is revocable before your death.
Estate tax charitable deduction.

Retirement
Plan Assets

Continue receiving distributions during your life.
Maintain control of assets during life.
Make a gift to benefit the endowment at your death.

Designate the endowment as the primary or partial beneficiary of your retirement account.

Receive retirement plan distributions during life.
Estate tax charitable deduction.
No ordinary income tax on amount paid to endowment.

Life Insurance

Make a significant gift with less cash outlay.
Reduce taxable estate.

For new policies: CCFNEI is the owner of a policy on your life.
You make gifts to CCFNEI and CCFNEI pays the premium on the policy. At your death, the life insurance proceeds are paid to the endowment.

Insurance is removed from your taxable estate.
Income tax charitable deduction for donated premiums.

Charitable Gift
Annuity

Receive fixed income for life.
Make a gift to benefit the endowment at your death.

Transfer cash/securities to CCFNEI in exchange for a contract to pay a fixed income (rates based on age) for the rest of your life.
At your death, remainder goes to the endowment.

Fixed income for life.
Income tax charitable deduction.
Partial capital gains tax benefit.
Payments partially tax-free.

Real Estate

Remain in home during life.
Receive an estate or income tax charitable deduction.
Make a gift of your home to benefit the endowment at your death.

Give your home to the endowment fund but retain the right to use the property during your life OR Leave your home to the endowment fund at your death through your will.

Estate or income tax charitable tax deduction.
Use and own your home during your life.
Proceeds from the sale go to the endowment fund.