Stewardship of Treasure
Stewardship of treasure is about our attitude towards money and material things. We are asked to recognize that everything we have is a gift from God. There will come a day when God asks, “What have you done with all I have given you?” How will you respond?
Options for Financial Stewardship
Giving should be from the heart and because you believe in the long-term viability and mission of St. Charles Church. Giving is also a very personal decision and impacts families differently. Only you can decide what you are able to give back to your St. Charles community. Sharing your treasure with our parish confirms that you embrace the mission of St. Charles and solidifies the Love and Faith you have in our community.
We depend on your weekly offerings to provide for daily operations as well as support all of our ongoing ministries which include subsidizing our school. These donations can be made either through the use of your collection envelopes or through electronic transfer of funds.
Our electronic giving program is a free program that lets you make recurring contributions automatically from your checking, savings or brokerage account. Electronic giving allows you to make contributions to St. Charles without writing checks or worrying about cash donations. You may also make one-time donations to special causes.
To contribute to the parish via online giving, you have three options:
1. Use the electronic banking option through your bank or credit union. You control how much to contribute and when. Simply add St. Charles as a payee. Please use your envelope number as the account number. There are no additional fees to you or to the church to use this option.
2. You may elect to have the church manage the giving portion on your behalf.
3. Use the Online Giving portal. Click the online giving logo below to set up your online giving account. This site lets you set up automatic contributions and change the timing or the amount of your gift at any time.
Planned Giving fund opportunities
With thoughtful planned giving, you can ensure both the long-term health of St. Charles Parish charitable and educational mission, as well as your own personal financial objectives. Planned gifts help the church to know what resources it has in the future. To identify which opportunity is best for you, please consult your attorney and/or financial advisers.
A will is a legal document that instructs the executor of an estate on how an individual wishes to disperse their earthly possessions upon their death. A will can be changed at any time during one’s lifetime. If you would like to include St. Charles in your estate plans and would like to designate how the proceeds will be spent, please contact Steve Morris in the business office to discuss the options and the greatest needs in the parish.
Charitable Gift Annuities
A gift annuity is an agreement between a donor and a charitable organization in which a donor transfers an asset to a charitable organization, and the charitable organization returns lifetime payments to the donor. The Archdiocese of Cincinnati in conjunction with 5/3 Bank has a program available to St. Charles Parishioners.
Church Capital Improvements Fund
The Improvements Fund was established with the help of the Rentz Trust and the Luther Charitable Trust both giving to St. Charles in 2011. Contributions to this fund will help address any structural, electrical or needed updates to continue the integrity and appearance of St. Charles Church and aids in the long-term maintenance and enhancement of the physical facility.
IRA or Retirement Plan
Estate and income taxes can drastically reduce the value of retirement accounts. Naming St. Charles as a beneficiary or co-beneficiary could qualify your estate to receive a charitable tax deduction.
Consider naming St. Charles as the beneficiary of a new or existing life insurance policy. You could receive an immediate income tax deduction and possibly a reduction in estate taxes. Consult with your insurance agent for details.
Often companies have a “matching gift” program. Check with your employer and see if this might be an opportunity to significantly increase your gift to St. Charles.
A Memorial Gift is a contribution made in loving memory of the deceased. Memorial Gift envelopes can be found in the parish office or at any entrance to the church. This donation may be designated to a particular St. Charles fund.
St. Charles School Endowment Fund
The St. Charles School Endowment Fund was established in 1999. The priorities of this fund are to: help secure the financial stability of the school into the future, control any increases in tuition cost beyond the annual parish subsidy, provide tuition assistance so that a Catholic education at St. Charles School is available to those in need. The purpose of this fund is to provide a source of revenue to the school from the fund’s growth without depleting the principal. Donations to this fund can be through cash, stocks or other valuable assets.
Many parishioners satisfy parish pledges and yearly contributions by making gifts of stock. St. Charles has established an account to accept such donations. Especially in these volatile times, please strongly advise all brokers that they must inform the church of all transactions. This open communication is to ensure that the church is properly credited and that donors are properly acknowledged in a timely manner. Please email Steve Morris for more details or call him at 434-6081.