Planned Giving

Thank you for your interest in learning more about making a planned gift to St. Francis House. We hope you’ll find this information helpful for you and your family.  Below you’ll find some common options and benefits of planned giving.

We advise that you meet with your lawyer to discuss your options in more detail. If you do not have an attorney, a member of our Planned Giving Team will be very pleased to help you.  Simply fill out the Information Request form at the bottom of this page.

Bequests and Living Trust

You can make a charitable contribution to St. Francis House by including us in your will. This just takes a simple designation in your will or trust and costs nothing during lifetime. They are easy and revocable if situations changes. Designation to a Living Trust avoids probate and all you need to do is name the charity as a beneficiary.

Henry Welzel standing in front of his full-scale railroad models in 1994.One day a man named Henry Welzel, a longtime supporter and friend of St. Francis House, decided to put us in his will. When the decision was made, Henry had no idea of the impact his contribution would make on the programs and operations of St. Francis House.

When Henry Welzel passed in 2008, he left a substantial gift to St. Francis House. His contribution allowed us to break ground for a new storage Warehouse and Administrative Wing. His gift  had a major impact on our ability to serve more people – more effectively and more efficiently. Henry’s compassionate heart and generosity live on as hundreds of our struggling neighbors walk through the doors of the “Welzel Wing” in need of our support. Henry Welzel is remembered with warmth and gratitude!

Gift Annuity

A gift annuity is a simple agreement that can increase your cash flow from a gift that provides guaranteed fixed payments for life. Lifetime annuity payments, based on age may be two or three times higher than your cash return on low-earning securities or CDs.

Life Insurance

Donate policy and deduct future premium payments or just name the charity as policy beneficiary. Individuals typically pay less than $1 for $1 of coverage.

Charitable Remainder Trust

Great tool for selling assets tax-free and receiving  income for life; the remaining assets go to charity. It provides steady cash flow and can ben more beneficial than keeping an asset or selling it outright.

Retirement Assets

Retirement funds paid to your kids at your passing can get hit with income and estate taxes, but are tax-free to charity. Funds left to children may be hit with income and estate tax of 70% or more.

Donor Advised Funds

Works like a “charitable bank account” – claim deduction now and decide later when charity will receive the funds. You can retain control and family influence over charitable dollars.

Lifetime Bequests

A Lifetime Bequest is a combination of a gift or pledge now plus an estate gift later to facilitate and maximize the impact of your giving.

Questions and Next Steps

Not sure where to start? Simply fill out the Information Request form below and someone from our Planned Giving Team will contact you soon.

St. Francis House is a 501(c)3 nonprofit organization with Tax ID #91-1621772. Every donation, cash or in-kind, is tax deductible. Please consult your tax advisor for details. To download a copy of our tax-exempt IRS letter (in PDF format), please click here.

 

Planned Giving Information Request