Are you 70 and ½ or older?
Do you want to save on federal and state income taxes? Giving directly from your IRA to a qualified charity like St. James Catholic Church, Annual Catholic Appeal, diocesan or parish ministry can be a tax-wise strategy. If you are a Senior required to take a Minimum Required Distribution from your IRA, you can transfer your contribution directly to the charity. This is called a Qualified Charitable Distribution and it reduces your income by the amount of your contribution. By reducing your income, the full amount of your charitable contribution goes to the charity and nothing to taxes. Please consult you legal or tax adviser or the parish office for more information. 

 

Donating Securities and Mutual Funds
Are some of your shares of stock or mutual funds higher than when you bought them? This provides you a wise method of giving to St. James. Donating appreciated stock or mutual fund shares is a strategic gift-planning method. In most cases, the donor receives an itemized deduction in the full amount of the fair market value (FMV) of the shares donated as of the date of the gift. This value is deductible up to 30% of the donor’s adjusted gross income and can be carried over for up to five years after the year of the gift. Please consult your financial or legal adviser.

St. James Stained Glass Window

St. James Catholic Church

3801 Avenue A, Kearney, NE 68847
308-234-5536
office@stjameschurchkearney.org

Parish Office Hours

Mon-Thurs – 9:00 am to 5:00 pm
Fri – 9:00 am to 3:00 pm

Kearney Catholic High School

110 East 35th Street, Kearney, NE 68847
308-234-2610
kearneycatholic.org

KCHS Foundation

20 East 21st Street, Kearney, NE 68847
308-236-6903
kchsfoundation.org