Year-end giving can come in many forms. As you consider where, and how, to make a year-end impact, the Dominican Sisters of Peace wanted to share six ways you can support our mission.
Your end-of-year gift, in whatever form it takes, will help our ministries provide basic adult education, tend to land at ecology centers, care for retired sisters, and so much more.
Remember to always consult your financial advisor before making any decisions.
Include the Sisters in your will
When you include the Dominican Sisters of Peace in your will, you leave lasting legacy of peace and ensure our mission continues for generations. Learn more about estate planning gifts here.
Donate stock to the Sisters
If you have a stock that has grown in value, you can donate it to the Sisters. You avoid capital gains tax while supporting the Sisters' ministries, like adult literacy classes in Ohio and Connecticut. Your gift of stocks could even establish an endowment!
Start a Donor-Advised Fund
A Donor-Advised Fund (DAF) is like a charitable savings account. You contribute to the DAF when it makes sense for you, receive an immediate tax deduction, then decide later how to distribute the funds. This flexible way of giving helps you and the causes you support.
Donate through your life insurance or 401(k)
With a simple form, you can name the Dominican Sisters of Peace as a beneficiary of your life insurance policy or retirement account. One small action can leave an impact for years to come, and support ministries like our ecological centers in Ohio, Kentucky, and Kansas.
Give directly from your IRA
If you're 70 1/2 or older, you can donate tax-free directly from your IRA. This donation, called a Qualified Charitable Distribution (QCD), is a great way to lower your taxable income while also supporting ministries like our community centers in Ohio and New Orleans.
Donate your Required Minimum Distribution
A QCD also allows you to send your Required Minimum Distribution (RMD) directly from your IRA custodian to a charity - and it won't count as taxable income. It's a win-win for you and the Dominican Sisters of Peace!
Bonus: Double your Donation
Did you know that more than 1 million employers match the charitable gifts of their employees? Check if your employer participates here.
Always consult a financial advisor before making decisions about charitable giving.
We're here to help, too. Call Mission Advancement Director Dee Holleran at 614-416-1046 with any questions about how you can support the Dominican Sisters of Peace -- and thank you!