Charitable Contributions
Cash is one of the easiest ways to make a charitable contribution. A cash contribution can be a check, money order or cashier’s check. All gifts should be made payable to the Salesian Society with the proper designation if intended for a specific program or entity.
Securities
Gifts of securities are accepted by the Salesian Society. The securities may be given so that the donor receives a tax deduction equal to the fair market value of the donated assets while avoiding capital gains tax on the donated assets. The Salesian Society will work with donors and their advisors to facilitate the donation of both marketable and closely held securities. Donors whose gifts are matched by a company will receive credit for the matching amount.
Real Property
A donor can give a full or partial interest to a home/land and retain the right to enjoy the home/land for their lifetime. Gifting real estate to the Salesian Society may allow the donor to preserve their liquid assets while maximizing the charitable contribution. Donors are encouraged to discuss their gift of real property prior to gifting.
Bequest
A bequest in your will is one of the simplest ways to make a charitable gift. Through a bequest, you can contribute to the Salesian Society directly or establish a named endowment fund or make a gift to an already established fund benefiting Salesian Catholic ministries. Each option ensures that your charitable wishes will be carried out in perpetuity.
Life Insurance
Life insurance is an easy way to make a significant contribution. You may give a policy that is no longer needed, take out a new policy or name the Salesian Society or a specific Salesian ministry in Canada or USA East as a beneficiary of an existing policy.
Retirement Accounts
The Salesian Society may be designated as the beneficiary under a donor's qualified retirement plan benefits, including IRAs, 401(k)s, and a Keogh (HR-10) plan. Retirement benefits may be the most tax-efficient way to make a gift to the Foundation.