Learn more about this simple gift by downloading your FREE copy of our informative guide Change Lives With Life Insurance. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize. Life insurance policies; Commercial annuities; It only takes three simple steps to make this type of gift. If you would like to make a difference in someone's life, consider a career at Catholic Charities. To make us a full or partial beneficiary of your IRA, 401(K), annuity, or life insurance policy, simply request a beneficiary designation form from your plan administrator. You may choose to designate Catholic Charities as the beneficiary, or partial beneficiary, of a life insurance policy. Catholic Charities offers Great Benefits! Catholic Charities believes that equal opportunities for all applicants and employees is important for the success of the organization. Eligible employees will have the opportunity to take advantage of the following benefits: • Health, Dental, & Vision Care • Flexible Spending Accounts (FSA) • 401(k) Retirement Plan • Life and AD&D Insurance • Generous PTO and Sick leave • … Legal Name: Catholic Charities Address: 924 G Street NW, Washington, DC 20001 Federal Tax ID Number: Please contact us for our federal tax ID number. Tax and Financial Benefits of Giving Life Insurance Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize. child’s college tuition or income replacement. *These Benefits are subject to change. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.Privacy Policy | Cookie Policy, © 2021 Catholic Charities DC | 924 G Street NW | Washington, DC 20001. Catholic Charities is an Equal Opportunity Employer. Find Out More. Our members share a common bond. Fidelis Care is a mission-driven health plan offering quality, affordable coverage for children and adults of all ages and at all stages of life. The information on this website is not intended as legal or tax advice. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. If there’s other charities you’re curious about, I recommend checking out the American Life League’s Charity list because they’ve done extensive research to see which charities fund (directly or indirectly) abortions, contraception, embryonic stem cell research and/or don’t support other pro-life teachings. Thank you for considering a gift to Catholic Charities of Oregon. With more than 1.7 million members Statewide, Fidelis Care believes that all New Yorkers should have access to affordable, quality health insurance. Put your donation to work today and leave a legacy for years to come by planning your bequest to Catholic Charities USA. A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create. This is an excellent way to transfer property to family members at a minimal cost. Catholic Charities of Fulton & Montgomery Counties is seeking Full-time Residence Counselor a for its 24/7 supervised housing community. An endowed gift can create a new endowment or add to an existing endowment. Catholic Charities offers excellent benefits including: medical, dental, life insurance, pension plan and generous paid time off plus a supportive work environment and competitive pay. Life insurance Catholic Charities provides life insurance and pensions for all full time employees. Catholic Charities Catholic Charities Life Insurance Employees working 20 hours or more per week and are enrolled in the Retirement Plan will also have a life insurance benefit equal to annual salary. There are several possible options: You may donate an existing paid-up policy and name The Catholic Charities Foundation as the permanent owner and beneficiary of the policy. Catholic Charities offers Kaiser for their insurance however one of the great things about working for Catholic Charities is that if you choose to not use their insurance they will pay you as long as you are insured elsewhere. Annuities are subject to regulation by the State of California. Established in 1976, Sharelife is the annual charitable fundraising appeal of the Archdiocese of Toronto - ensuring people have access to social services based on Catholic values and respect for the sanctity of life at all stages. The Roman Catholic Archdiocese of Ottawa was erected as the Diocese of Bytown in 1847 and raised to the status of Archdiocese of Ottawa in 1886. tax on gifts generally paid by the person making the gift rather than the recipient, the original value of an asset, such as stock, before its appreciation or depreciation, the growth in value of an asset like stock or real estate since the original purchase, the price a willing buyer and willing seller can agree on. You qualify for a federal income tax charitable deduction when you itemize on your taxes. You can designate us as the primary beneficiary for a percentage or specific amount. By making Catholic United Financial Foundation the owner and beneficiary of the charitable life insurance contract, you may be able to take a charitable tax deduction for ongoing premiums paid on the policy. When the trust terminates, the remaining principal goes to Catholic Charities as a lump sum. Are you looking for an easy and affordable way to provide a financial safety net for your family? Download My FREE Personal Estate Planning Kit. Please include an '@' in the email address. Insurance products are issued by Mutual of America Life Insurance Company, 320 Park Avenue, New York, NY 10022-6839. This method may be particularly attractive for the younger donor. A charitable bequest is one or two sentences in your will or living trust that leave to Catholic Charities a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate. You can designate us as the primary beneficiary for a percentage or specific amount. I offer three ways in which to help charities with gifts of life insurance: the part of an estate left after debts, taxes and specific bequests have been paid, a written and properly witnessed legal change to a will, the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will. an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan, "I give to Catholic Charities, a nonprofit corporation currently located at 924 G Street NW, Washington, DC 20001, or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.". Learn More. Catholic Financial Life All Rights Reserved, Guaranteed coverage at a fixed monthly cost for a specified period of time, usually 10, 20, or 30 years, Option to convert to a Permanent Life Insurance policy, Coverage for temporary needs e.g. The value of life insurance is equal to two times an employee's current salary rounded up to the next thousand. So my husband added me to his Health Insurance and I get paid a bonus. References to tax rates include federal taxes only and are subject to change. © 2021 Navigating aging-related services can be … When the trust terminates, the remaining principal goes to Catholic Charities as a lump sum. State law may further impact your individual results. The longer the length of time, the better the potential tax savings to you. Catholic Charities Health Care Network. Catholic Charities provides a life insurance benefit for all regular full-time employees. 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