Year-End Giving

St. Barnabas is most grateful for all of the gifts that we receive throughout the entire year. While most of these gifts are in the form of a check or credit card, some of our friends give through their IRA or via a gift of appreciated securities/stock. Your IRA administrator or broker would assist you in facilitating these types of gifts. Please see below for more information:

Gift of Appreciated Securities/Stock:

• Minimizes or eliminates taxes on capital gains
• Itemized charitable deduction for the FMV of the stock, up to 30% of your Adjusted Gross Income (AGI) 

IRA Charitable Rollover:

• Donor must be age 70½ or older
• Helpful to donors who do not itemize
• Transfer must be made directly to St. Barnabas Church from your IRA administrator
• Amount transferred will not be included in your annual taxable income

For more information or stock donation instructions, please contact Gail Byrnes at [email protected] or call 773-779-1166, ext. 227.