Consider a Year-End Gift
As 2022 comes to a close, please consider a year-end gift to St. John the Baptist. Your gift will make a big difference for our parish and may offer 2022 tax benefits as well. This year, your support is especially critical, as Christmas falls on a Sunday, so we have one less weekend collection than usual.
You can support St. John the Baptist through a variety of gift options:
Your year-end cash gift will be greatly appreciated to help maintain the financial health of our parish. Please note that all contributions for the tax year 2022 must be received in the collection or the parish office on or before Saturday, December 31, or be postmarked in 2022, regardless of the date on the check or the date on the St. John the Baptist donation envelope.
Our Welcome Desk will be staffed on Saturday, December 31, from 9:00 am to 5:45 pm. You may drop off 2022 contributions anytime during those hours.
Gifts received in the collection on Sunday, January 1 will be credited as 2023 contributions.
You can simply and securely make a cash gift online here. Please note that you can make a one-time gift to a particular fund, such as Tuition Assistance or Capital Giving. You can also sign-up for recurring donations that make it easier for you to include St. John’s in your family budget.
Please note: Gifts received on Saturday, December 31 will be credited as 2022 contributions, including online contributions received by midnight, December 31.
Required Minimum Distribution (RMD)
If you are required to take a minimum distribution from your IRA, and you don’t need all of the income, you can direct your IRA custodian to send funds directly to our parish as a tax-free donation to charity. Simply request that funds be sent to St. John the Baptist at our parish address: St. John the Baptist, 835 2nd Ave NW, New Brighton, MN 55112.
Qualified Charitable Distribution (QCD)
If you turned 70 ½ this year and aren’t required to take income from your IRA yet, you can still make a QCD and receive the same tax-saving benefits. Ask your IRA custodian to send funds to St. John the Baptist as mentioned above.
Gifts of Stock
A gift of appreciated stock helps you avoid paying tax on the gain in the stock’s value (capital gains). For tax purposes, you claim the full value of the stock when it is donated to St. John the Baptist. Please contact Mark Dittman or Mary May in the parish office as soon as possible if you wish for your stock gift to be considered a 2022 gift. The Parish Office will coordinate with your financial advisor or broker to ensure the gift is properly received.
As always, please work closely with your tax and legal advisors to determine how any particular strategy will affect your overall tax situation.
Thank you for all the ways you are supporting St. John the Baptist by your prayer, participation, and partnership in our mission.
Questions? Contact Mary May in the parish office at 651-633-8333, x1253 or email email@example.com.