You can establish a named fund in honor or in memory of someone who has made a difference in your life. A minimum of $25,000 is required to start a new endowment fund and future contributions can be made in any amount. Over 60 Donor-Named funds currently reside in the Catholic Futures Foundation.

HOW TO START A FUND

Let’s talk so we can learn more about the causes and/or organizations you want your fund to benefit and the type of gift you want to give.

Online Application

Contact:
Bonnie Nebuda
Foundation Officer
402.557.5650 Ext. 1917
Email

By including a bequest to the Catholic Futures Foundation in your will or living trust and working with Foundation staff to set up an endowment, you are ensuring the parish, school or ministries you choose to benefit are supported in perpetuity. When you remember the Foundation or other archdiocesan entities in your will, we invite you to become a member of the Archdiocese of Omaha’s Living Legacy Circle.

Visit Living Legacy Circle

TAX-FAVORED CHARITABLE GIFTS

In order to make a charitable gift for Federal Income Tax purposes, you must make your gift before December 31. There are many ways to make a charitable gift to a qualified organization, such as the Catholic Futures Foundation of Northeast Nebraska, and we have summarized two (2) tax advantaged options below.

The Charitable IRA Rollover
For those aged 70 1/2 or older, it is once again possible to make tax-favored charitable gifts from traditional IRA accounts.

In the Protect Americans From Tax Hikes Act of 2015, the charitable IRA rollover provision was made permanent. Under the charitable IRA Rollover provision, a total of up to $100,000 can be transferred directly from traditional IRAs to one or more qualified charities, such as the Catholic Futures Foundation of Northeast Nebraska. A distribution made to a qualified charity under the charitable IRA rollover procedure will not be included in the donor’s taxable income for the year.

To make such gifts, it is important to not withdraw funds prior to a gift but have the gift amount distributed directly from an IRA to one or more qualified charities. For those with check writing privileges on their accounts, this may be the most efficient way to make gifts directly from an IRA. Check with us, your IRA administrator or your tax advisor for more information.

Gifts of Stock or Other Marketable Securities
A gift of long term appreciated publicly traded stock may entitle the donor to an income tax charitable deduction for the fair market value of the stock on the effective date of the gift and also avoid capital gains tax.

In many cases it is more advantageous for a donor to donate the securities to a qualified organization than to sell the securities and donate the cash proceeds. However, we recommend that you consult your tax advisor for additional information.

To transfer stock to the Catholic Futures Foundation:
Instruct your broker to transfer shares of stock to the Catholic Futures Foundation using the following information:

Broker:
Merrill

Contact:
Kelsey Nealon, Wealth Management Client Associate
402.496.5146
Email

Address:
Merrill Lynch, Pierce, Fenner & Smith Inc.
13321 California Street Suite 200
Omaha, Nebraska 68154

DTC Number:
8862

Account Number:
681-02055

Account Name:
Catholic Futures Foundation of Northeast Nebraska

Federal Tax ID (EIN):
47-0614394

Contact Doug Foley, Data Support Manager, at 402.558.3100, or email him at djfoley@archomaha.org, to ensure the Foundation is aware of your pending stock transfer.

Upon receipt of the transfer, we will issue a stock transfer receipt to you. The gift is valued as the fair market price of the stock on the day of the transfer.

Please contact the Stewardship and Development Office with any questions at 402.557.5650.