PLANNED GIVING

Saint Paul’s Outreach (SPO) offers a variety of strategic gift opportunities called planned gifts. Also known as legacy gifts, these gifts are designed to complement your philanthropic and estate planning goals. Planned gifts offer you significant tax savings and, in most cases, will not affect your current financial situation. They can be directed to further the evangelistic work of SPO, and can be designated to specific programs and areas of our work. Creating your legacy today will help ensure that future generations are given the opportunity to encounter the transformational love of Christ through SPO.

GIFT OPPORTUNITIES

1. Bequest
   A bequest is a gift made through your will or living trust. Often just a sentence or two, it’s a gift that costs nothing during your lifetime and allows you the flexibility to update your intention if circumstances change. If you already have a will or living trust, you can amend it to include SPO via a simple codicil. Bequests can be made for a fixed amount, percentage, or the residual of your estate. 

2. Beneficiary Designation
   If you have set up a retirement plan, insurance policy, bank account, and/or brokerage account, chances are you’ve completed a beneficiary designation form to specify who will benefit and what percentage you’d like each to receive. In addition to naming individuals, you can also name charities, like SPO.

3. Charitable Gift Annuity (CGA)
   A charitable gift annuity is a simple way, in exchange for a gift of cash or appreciated assets, to receive fixed payments for life. Through our partnership with the National Catholic Community Foundation, you can name SPO as the recipient of a CGA, which entitles you to an immediate charitable income tax deduction. At the end of its term, the annuity balance goes to SPO to support our mission. Contact Mark Cantine to learn more about this new opportunity. 

4. Charitable Remainder Trust
   You transfer assets to a trust, and the trust pays a fixed or variable income to you or other beneficiaries. Payments can be for life, or a term of up to twenty years, and when the trust terminates, the remaining assets go to SPO. The donor receives a charitable deduction and may avoid capital gains.

5. Charitable Lead Trust
   A charitable lead trust works like a charitable remainder trust in reverse. When you make the gift, the trust pays income to SPO first, typically for a term of up to 20 years. After that, the trust assets are passed back to you or other family members you designate.

6. Gifts of Real Estate
   SPO can accept gifts of real estate. If you donate real estate, then you may receive an income tax deduction for the fair market value of the real estate and may avoid capital gains tax on the transfer.

7. Retained Life Estate
   With this gift, you transfer the deed for your property to SPO and retain the right to use or live on the property for your lifetime. The tax deduction you receive in the year of the transfer is based on your life expectancy and the property’s current value, and you agree to cover expenses and maintenance of the property during your lifetime.

8. Charitable Bargain Sale
   You sell your property to SPO for an amount less than the fair market value, and receive a charitable tax deduction equal to the difference between the market value and the sale price. 

9. Gifts of Personal Property
   You can make a significant gift by transferring a painting, antique, collectible, or other personal property to SPO. In return, you receive an immediate income tax deduction, and pay no capital gains on any appreciation.

IMPACT TOGETHER
For more information on these gift opportunities or to find a plan that meets your goals, please contact us today. Together, we can continue forming missionary disciples by providing young men and women the opportunity to encounter Christ on their college campuses.

The St. Paul Legacy Society was officially established in 2024 to honor individuals and families who have made long-term commitments to Saint Paul’s Outreach that will impact thousands of young people for generations to come.

You can become a member of the St. Paul Legacy Society by:

• Including a bequest to SPO in your will or estate plan. 

• Making SPO the beneficiary of a retirement plan, life insurance policy, commercial annuity, bank account or investment. 

• Establishing a charitable gift annuity or charitable remainder trust. 

Click here to learn more!

Have you considered leaving SPO in your will?
Bequests are an excellent way for you to support SPO’s mission after your lifetime, and in doing so, leaving a lasting legacy for generations to come!

Sample Bequest Wording:
I hereby give, devise and bequeath X ($DOLLARS) OR X (%PERCENTAGE) percent of my total estate, to St. Paul’s Outreach, INC. (SPO), a nonprofit organization located at 2520 Lexington Ave S., Mendota Heights, MN, 55120, Federal Tax ID : #41-1621192, for SPO’s general use and purpose.

Contact Us:
Please contact us if you have any questions or would like to discuss other bequests including bequests of Specific Real Estate or Specific Personal Property, Restricted Bequests, etc. 

Please contact us if you have included a bequest for SPO in your estate plan. We would like to thank you and recognize you for your gift!

Have you already listed SPO in your estate planning documents? 

If so, click here to view our Planned Giving Letter of Intent form. Please complete this form and return it via email to: gifts@spo.org or via mail to: 
‍ ‍ Office of Planned Giving
‍ ‍ 2520 Lexington Ave S
‍ ‍ Mendota Heights, MN 55120

*Please note that completing this form does not create an actual bequest. This form is not a pledge and is not legally binding. SPO recommends following the formalities required by state law and encourages you to consult with an attorney or MyCatholicWill.