PLANNED GIFTS: PLANNING YOUR LEGACY
Our Founder, St. Paul of the Cross, believed that the Passion of Christ was “the most overwhelming work of God’s Love” and that “renewed awareness of the suffering of Christ could lead people out of isolation and despair to a deeper faith and love for God and neighbor.”
Gift planning is finding ways to make charitable gifts now or after your lifetime while enjoying financial benefits for yourself and your family. Determining what gift is right for you is just as important as making the gift. Gift planning will help you accomplish both.
The generosity and foresight of those who have included Mater Dolorosa in their wills and other estate plans is a blessing to the retreat center and helps us continue the important retreat ministry that our retreatants depend on year after year.
The benefits of estate planning are:
- You, not someone else, determine where your assets go. (Everyone needs an estate plan, regardless of how much you own.)
- There can frequently be very favorable tax benefits, and more of your assets can be made available for your loved ones.
- Some estate plan arrangements can guarantee an annual income for the donor for the rest of his or her life.
- With certain planned gift structures, you can ensure your gift avoids the delays and potential pitfalls of the probate process.
Types of Planned Gifts
Bequest
The most common way to name Mater Dolorosa as a beneficiary in your will or trust document.
Beneficiary Designations
Name Mater Dolorosa as the beneficiary of your retirement assets or life insurance policy.
Charitable Gift Annuities
An opportunity to supplement your income with steady payments that are partially tax free.
Endowed Gifts
Interest from the Mater Dolorosa Endowment Fund may be re-invested or may be used to assist the Passionists continue their ministry of preaching the Passion of Jesus Christ and sharing the Catholic faith with all who come to the mountain in search of a deeper relationship with God.
Gift of Retained Life Estate
Give my home, but live there for life.
Make a gift of your personal residence or vacation home but continue to live there.
Please Remember Us in Your Will
You can remember Mater Dolorosa in your will by a specific dollar amount or percentage, with an endowment bequest, or as the residual or contingent beneficiary of your estate. We hope you will consider including a gift to Mater Dolorosa in your will or living trust.
Our legal title is: Mater Dolorosa Passionist Retreat Center, Inc.
Our legal address is: 700 N. Sunnyside Avenue, Sierra Madre, CA 91024
Our federal tax ID number is: 87-0758476
Mater Dolorosa is recognized by the U.S. Internal Revenue Service as a 501(c) (3) public charity.
For a specific bequest:
“I give and bequeath $_______ to Mater Dolorosa Passionist Retreat Center, Inc. a non-profit public charity located at 700 N. Sunnyside Avenue, Sierra Madre, CA 91024.”
For a percentage bequest:
“I give and bequeath _______% of all the rest, residue and remainder of my estate to Mater Dolorosa Passionist Retreat Center Inc., a non-profit public charity located at 700 N. Sunnyside Avenue, Sierra Madre, CA 91024.”
For an endowment bequest:
At your request, donations through bequests can now be invested in a special endowment fund. This fund will be used to ensure the future of Mater Dolorosa, provide retreat scholarships, support ongoing programs, and to care for the beautiful buildings, gardens and grounds at Mater Dolorosa.
For Your Protection, please contact a tax advisor or professional estate planner to discuss your giving options and strategies.
Please let us know if you have named Mater Dolorosa in your estate plan so that we may ensure your gift is used as you intended. This also gives us the opportunity to include you as a member of our Legacy Society and to properly acknowledge and thank you for your support. For more information on supporting Mater Dolorosa please contact Melanie Goodyear, Director of Development (626) 355- 7188, Ext 103 or MGoodyear@MaterDolorosa.org
All inquiries are without obligation, and are held in confidence.
