Help Save a Life! Our next Blood Drive is Sunday January 21st from 7:30am-12:30pm. There will be a sign up table in the back of church the next two weeks January 6th and 7th as well as 13th and 14th to schedule an appointment. Walk-ins are also accepted. If you have questions or would like to make an appointment during the week, contact Michelle at 913-4415 or email@example.com.
Monday, January 1
9:00am Fr. Pat Grile
During the end of the year, many people make gifts to their parish. Please remember, if you are considering a gift to the parish, make your decision as early in December as possible to ensure your gift is processed by December 31st.
Enjoy Tax Savings
As you consider your charitable gifts between now and the end of the year, remember that gifts made now can generate income tax deductions that could help reduce your income tax bill. The amount you save depends on tax rates and the portion of your gifts you are allowed to deduct. Only gifts made by December 31 can help reduce the amount of taxes you will owe next April.
Deciding What to Give
The donation of cash is, by far, the most common method of giving. All things considered, however, cash donations are in most circumstances not the most tax-efficient way to give.
If you are 70.5 or older, you can make an IRA charitable cash gift (up to $100,000 per year, per individual, $200,000 per couple) which is not reportable as taxable income and also qualify for your required minimum distribution, which can lower your income taxes. Contributing stocks, bonds, or mutual funds that have appreciated over time has become increasingly popular in recent years, and for good reason. Two key advantages are the following:
1. Most publicly traded appreciated securities with unrealized long-term gains (meaning they were purchased over a year ago and have a current value greater than their original cost) may be donated to the parish, and the fair market value may be claimed as an itemized deduction on your federal tax return.
2. Because the securities are donated rather than sold and proceeds given to the parish, capital gains taxes are not owed on the appreciation. The more appreciation the securities have, the greater the tax savings will be.
One additional consideration: If you have long-term appreciated assets with an unknown original value, donating the assets directly to the parish can save the time and trouble of finding out the original basis and paying the applicable capital gains tax.
St. Al’s Parish will have a communal Penance Service on Monday, December 18th at 7:00pm. We will have a short service and then offer individual reconciliation. Several priests will be available to hear confessions that night. All are welcome!
We are looking for help this winter with shoveling the snow around the church campus. This is a paying job. Please call Scott Schumaker in the Parish Office at 913-4417 if you are interested.
Two More Weeks until the Christmas Store!
If you would like to donate toys for the Christmas Store, please bring your gifts to the Parish Center or place them in the box in the back of church. Donations are needed by Thursday, December 7th so we have time to price them and organize them for our setup day on December 10th! We are in desperate need of older boy toys such as footballs, basketballs, soccer balls, headphones, electronics, cologne sets, etc.
December Volunteer Opportunities
Social Concerns is in need of many hands to help this Holiday Season! Volunteers are needed for the following:
- North(east) Pole: December 10th for set up, 11th from 5:00-7:00pm, 13th 1:00-3:00pm, and 16th from 10:00am-noon
- Christmas Baskets: Sunday, December 17th from 12:00-2:00pm in the Parish Center. We’ll be making baskets filled with all the fixings for a Christmas meal and delivering them afterward. This is a great family- friendly afternoon!
- Giving Tree: From Thanksgiving through December 16th we will be collecting personal care products for our Food and Clothing Pantry. Stop by the tree in the back of church and grab a tag or two to help us stock our pantry shelves.
If you would like to volunteer for any of these opportunities, please contact Michelle at 913-4415 or email at firstname.lastname@example.org