Did you know ?

Over 500 companies across the country will match their employees’ gifts to elementary and secondary schools. Many companies will match gifts at a greater than one-to-one ratio!

Donors must visit their Personnel Offices to pick up the appropriate form, fill it out, and send to Kellenberg Memorial, Attn: Office of Advancement.

You may include your check with the form, or donate online and simply submit completed the matching gift form. Any matching gift funds are considered as part of the donor gift total.

THE CARES ACT AND CHARITABLE GIVING

As you may have heard, the U.S. Congress has passed the CARES Act. This act has many facets and also makes certain modifications to help facilitate philanthropic contributions to worthwhile organizations such as Kellenberg Memorial. Some specific provisions of the CARES Act related to charitable giving are referenced below. As always, please consider discussing with your professional tax advisors.

$300 CHARITABLE DEDUCTION FOR ALL

Even if you do not itemize deductions on your taxes, your gift can reduce your 2020 taxable

income by up to $300 ($600 for couples). This is a special benefit for 2020. 

100% DEDUCTION ALLOWANCE FOR CASH GIFTS TO CHARITIES

For the 2020 tax year only, individuals may deduct cash gifts up to 100% of their adjusted gross

income (AGI) compared to the typical 60% allowance. 

IRA DISTRIBUTIONS FOR DONORS AGE 70½ OR OLDER

Though the required minimum distribution (RMD) is temporarily suspended for 2020, gifts from

an IRA rollover or qualified charitable distribution (QCD) will continue to reduce your taxable

income (up to $100,000), especially if you do not itemize your deductions.

THE GOOD SHEPHERD SOCIETY:

Bishop Kellenberg Flock
Gifts of $50,000+
Bro. Joseph C. Fox Flock
Gifts of $25,000-$49,999
Marianist Family Flock
Gifts of $15,000-$24,999
One Heart, One Mind Flock
Gifts of $10,000-$14,999
COR (Civility, Order, Respect) Flock
Gifts of $7,500-$9,999
Holy Family Flock
Gifts of $5,000-$7,499
Christ the Teacher Flock
Gifts of $2,500-$4,999
Queen of the Apostles Flock
Gifts of $1,000-$2,499

THE CROZIER SOCIETY:

Blue and Gold Gift
Gift of $500-$999
Phoenix Gift
Gift of $250-$499
Firebird Gift
Gift of $100-$249
Friend of the Flock Gift
Gift up to $99