Your support is an essential part of ensuring our students' success.
Please consider making a tax deductible gift to the Bright Futures Fund, where 100% of every donation directly benefits our students. Your generosity is an investment in the future of our children, our community and our shared faith. Together we can continue to make a profound impact on the lives of those we serve.
MOScholars tax credit reservation payments require separate payment methods and may not be paid via credit card. Please visit the MOScholars Program tab to learn what payments are accepted for tax credit reservations.
IRA Qualified Charitable Distributions (QCD) |
Appreciated Securities Donations |
If you can live without using withdrawals from your IRA, an IRA gift is one of the smartest ways to make a real impact for your parish, a ministry or the diocese. An IRA Qualified Charitable Distribution (QCD) is excluded from taxable income so there is no need to itemize to benefit. For individuals who are 70 1/2 years or older, you can give up to $108,000 from a traditional IRA directly to the charity.
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Donating shares of publicly traded appreciated stock or mutual funds can be a meaningful gift for your parish, a ministry or the diocese. The tax benefits could make it less costly than a comparable cash gift. Capital gains tax is not assessed. Plus, for a security held for more than 12 months, the fair market value of the gift is deductible if you exceed the threshold for deductions. Values up to 30% of your adjusted gross income are eligible for deduction and can be carried over for up to five years.
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