Year End Giving
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Year End Giving
The end of the year is a busy time, full of holiday fun with family and friends, special celebrations and a time of rejuvenation for the New Year. It’s also one of the best times to review financial decisions, especially decisions regarding charitable giving. There are certain benefits to making gifts before the end of the year. The following information is designed to help answer your questions about giving at year end.
Donor Assistance
Our offices will be closed from Monday, December 23 through Wednesday, January 1, 2025, but our staff is available to answer your questions and to ensure your gifts are received in the 2024 tax year.
Contact by phone or email regarding year-end giving is available to donors at: 817-533-3174 or . Messages will be monitored and returned as soon as possible. To ensure that your gift is credited on or before December 31, please donate online at:
Annual Diocesan Appeal
All Other Donations
For check donations sent by mail, please ensure that they are made payable to Advancement Foundation and are dated and postmarked by December 31. Mail them to Advancement Foundation, 201 Main St, Ste 1198, Fort Worth TX 76102-3101.
Tax Deductible Year-End Giving
The requirements for tax deductible year-end giving as follows:
- In order to be credited as a donation in the 2024 tax year, checks must be dated and mailed and postmarked on or before December 31, 2024.
- Credit card gifts are effective on the date the card is charged.
- Electronic funds transfer is effective on the date of the transfer.
- Stocks transferred electronically are effective on the date of transfer.
- Cash must be in hand before December 22, 2024 and deposited to be eligible for a 2024 tax deduction.
Ways to Give
Whether you already have a giving plan or you are just beginning to consider your giving options, it’s important to consider the different ways to give and how they can help you accomplish your giving goals.
Read below to discover more about the variety of ways to give.
Cash Gifts
Gifts of cash via cash, check, credit card and some electronic transfers are easy and convenient. You can make these gifts online and by mail. These gifts can be designated for vital needs of the Diocese such as the Annual Diocesan Appeal, your St. John Paul II Shepherd’s Guild membership or a Parish Capital Campaign.
Important Giving Deadlines for Tax Purposes:
- In order to be credited as a donation in the 2024 tax year, checks must be dated and mailed with a postmark on or before December 31, 2024.
- Credit card gifts are effective on the date the card is charged.
- Electronic fund transfers are effective on the date of the transfer.
Gifts Through Retirement Plans
Did you know that retirement assets may be used to help achieve philanthropic goals? Gifts through an IRA charitable rollover, especially for those 70 ½ year old or older, may be right for some donors. Those who meet the age qualification can give up to $105,000, tax exempt, from their IRA directly to the Catholic Diocese of Fort Worth Advancement Foundation. This type of gift also meets the annual Required Minimum Distribution (RMD). Making a charitable contribution using an IRA RMD could be a wise gift-making option especially for those who no longer itemize deductions for tax purposes.
Noncash Gifts
Noncash gifts are generally appreciated stocks and securities. Gifts of appreciated stocks and securities can be designated and are also easy and convenient to complete. The Advancement Foundation also receives gifts of real estate and other types of property as donations to the Diocese of Fort Worth as another way to support ministries like Catholic Charities.
Electronic Transfer of Stock or Mutual Funds Instructions
Important Giving Deadlines for Tax Purposes:
- Stocks transferred electronically are effective on the date of transfer.
Beneficiary Gifts
The end of the year is also the perfect time to review end-of-life documents and make any necessary changes. One change to consider is naming the Catholic Diocese of Fort Worth as the beneficiary on life insurance policies, a will, trust or other estate plans. The Diocese would be honored to be part of your legacy after you provide for your loved ones.
To learn more visit our Planned Giving Website.
My Catholic Giving Guide
A Resource to Discern Your Giving Level
The My Catholic Giving Guide is a tool to help you give from your “first fruits”, not from your leftovers, and plan your giving on an annual basis.