Official Names of Organizational Funds

Give Gifts of Stock
If you contribute long-term appreciated securities to St. Cecilia Cathedral, you receive a two-fold income tax benefit: a charitable deduction for the full present fair market value and no tax on the value of the appreciation. The limit on deductibility in any tax year is 30% of your adjusted gross income; any excess is deductible over the next five years.

If you wish to contribute securities on which you have a loss, consider selling them instead and donating the proceeds to St. Cecilia Cathedral of Omaha. You will then realize a tax deduction for the loss in addition to the charitable deduction.

Thank you for your interest in making a gift. The following information will help you choose the form of gift that best suits you.

Ways to Give Gifts of Cash

Cash gifts are the easiest and oftentimes the simplest way of making a gift. You may choose any of the following methods to make a gift today:

Ways to Give Gifts of Appreciated Property

Gifts of appreciated property, such as real estate, common stock, mutual funds, bonds, IRAs, or retirement plans offer significant advantages to the donor.

Ways to Give Gifts of Life Insurance

Naming St. Cecilia Cathedral or your local Catholic school, parish, institution or mission as owner and sole beneficiary may prove to be beneficial.

Ways to Give Charitable Gift Annuities

In exchange for your gift of cash, securities, or other property, we will provide you and/or a named beneficiary an annual fixed annuity payment for life. Gift annuities offer immediate tax advantages, including partial avoidance of capital gains tax on the appreciation of donated property.

Ways to Give Charitable Remainder Trusts

You may establish a significant gift in the form of a charitable remainder trust that can provide a substantial income to you during your lifetime and, if you choose, during the life of a named beneficiary. Upon the death of the final beneficiary, the trust is terminated and the remaining principal is given to St. Cecilia Cathedral, your parish, school, or mission.

Securities

A gift of appreciated securities saves taxes twice. You receive an income tax deduction for the full fair market value of your securities if you've held the securities for more than one year, and you avoid capital gain tax on the appreciation.

Gifts of personal property that have been made to St. Cecilia Cathedral include such things as rare books, stamp collections and antiques. A gift of personal property made during your lifetime entitles you to a charitable deduction and reduces taxes on your estate. If the gift is made through your will or trust, your estate will benefit from estate tax savings.

A personal residence, business, farm or other real estate may be given to St. Cecilia Cathedral. An outright gift of appreciated property you have held for more than one year may result in an immediate income tax charitable deduction for up to 30 percent of your adjusted gross income.

Bargain Sale Gifts

A bargain sale gift involves selling property to the St. Cecilia Cathedral for less than its fair market value. The difference between the property's fair market value and the purchase price paid by St. Cecilia Cathedral is considered a gift for which you may claim a charitable income tax deduction.

Individuals who own closely held stock can save twice on their taxes when giving to St. Cecilia Cathedral; first with a personal income tax deduction for the fair market value of the stock, and second when you avoid capital gain tax on the appreciation. If St. Cecilia Cathedral subsequently sells the shares to the corporation, and you have controlling interest in your corporation, you can maintain that control. This redemption of the stock reduces accumulated earnings, and the accompanying tax liability, and the stock is removed from your taxable estate.

St. Cecilia Cathedral 
Omaha, Nebraska 68131
402-551-2313