Your support of Guest House saves
lives, vocations, missions and ministries!
Most Reverend Timothy M. Dolan
Since 1956, this Michigan-based, lay operated treatment center has cared exclusively for Catholic clergy and religious suffering from alcohol and other chemically-based addictions.
The work of Guest House is well-known to me, and I know that I speak for all the bishops of the United States when I give thanks for all that it does in saving lives and vocations.
With this letter, I ask you to prayerfully consider including the work of Guest House in the future philanthropic plans , In doing so, you will be assisting the Church in a special way.
With prayerful best wishes, I am,
Faithfully in Christ,
Most Reverend Timothy M. Dolan
Archbishop of New York
If you need more information please contact
Mary M. Barden, J.D.,
Director Major and Planned Gifts
Phone: 248-391-4445 ext. 1258
Questions To Ask Your Financial Advisor
The following reflect some of the methods in which a planned gift may be designed to meet your needs and assist Guest House in sustaining its mission: to provide the information, education, treatment and care needed to assure that clergy, men and women religious and seminarians suffering from alcoholism and other addictions have the best opportunity for quality recovery.
Please seek the advice of your advisors regarding the best method for your personal situation.
Bequests: At its core, a will or revocable trust reflects the values that you hold dear and wish to perpetuate. Investing in Guest House means putting your money where your heart is. You would join a growing family of good citizens who are committed to the save the individual, save the vocation philosophy.
Life Insurance: Life insurance policies are a practical means of supporting Guest House. By naming Guest House as the owner and the beneficiary of the policy, you may deduct the policy’s value in the year of transfer. If the policy is not fully paid, you are entitled to a tax deduction for the subsequent premium payments. The gift of a life insurance policy allows you a deduction for the cash to surrender value, its replacement value or its “interpolated terminal reserve” value.
Retirement Plan Designation: Your retirement plan is designed to support you in retirement, but if you pass away before the funds are depleted, significant estate taxes for the owner and income taxes for the non-charitable beneficiary may apply. Naming Guest House as beneficiary of all or part of your retirement plan can reduce or eliminate the tax burden. Doing so is very easy. Simply contact your employer or bank/financial manager for the designation form, complete it and share a copy with Guest House.
Charitable Remainder Trusts: A charitable remainder trust (CRT) provides a way for you to make a gift that benefits you and your family, as well as Guest House. The direct benefits include:
- Avoiding capital gains on appreciated property
- Providing an income tax deduction
- Reducing your estate taxes
- Increasing your current income
- Preserving your assets for your loved ones
Real Estate: You may donate any real estate that you own (be it your primary residence, a vacation residence, a commercial property, a farm, etc.) in a variety of different ways. Tax savings and other benefits will vary according to the method you choose, your personal circumstances and the value of the donated property.
Appreciated Securities: Securities may be contributed to Guest House by transferring the actual stock certificate or through an electronic transfer arranged by your broker. In either case, you avoid the tax on any potential gain and receive a charitable income deduction.
If you need more information please contact Mary M. Barden, J.D., Director Major and Planned Gifts at 248/391-4445 ext. 1258 or firstname.lastname@example.org.
Donor Bill of Rights
PHILANTHROPY is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To ensure that philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the non-for-profit organizations and causes they are asked to support, we declare that all donors have these rights:
I. To be informed of the organization’s mission, of the way the organization intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
II. To be informed of the identity of those serving on the organization’s governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities
III. To have access to the organization’s most recent financial statements.
IV. To be assured their gifts will be used for the purposes for which they were given.
V. To receive appropriate acknowledgement and recognition.
VI. To be assured that information about their donations is handled with respect and with confidentiality to the extent provided by law.
VII. To expect that all relationships with individuals representing organizations of interest to the donor will be professional in nature.
VIII. To be informed whether those seeking donations are volunteers, employees of the organization or hired solicitors.
IX. To have the opportunity for their names to be deleted from mailing lists that an organization may intend to share.
X. To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers.
Association of Fundraising Professionals (AFP)
Association for Healthcare Philanthropy (AHP)
Council for Advancement and Support of Education (CASE)
Giving Institute: Leading Consultants to Non-Profits
ORIGINALLY ENDORSED BY:
National Catholic Development Conference (NCDC)
National Committee on Planned Giving (NCPG)
Council for Resource Development (CRD)
United Way of America
Adopted in 1993
Copyright AFP (and others) 2013, All Rights Reserved