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An endowment gift to The Catholic Foundation — Diocese of Austin can provide a brighter future for the Diocese of Austin, a parish, school or other Catholic organization. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested by the Foundation. A portion of the annual income from the investment is used to address immediate needs at the Diocese of Austin, parish, school or other Catholic organization you designate as beneficiaries of the gift. The remaining funds are reinvested to ensure indefinite support.
Longtime supporters of the Diocese of Austin, Charlie and Susan have two goals: First, they want to make sure the Diocese of Austin continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.
Charlie and Susan make a $25,000 donation to The Foundation, which we invest. Each year a portion of the income from the invested money will be used to support the beneficiaries of the endowment they named, e.g., their parish ministry. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.
This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!
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This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!
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