The Magic of Donating Appreciated Value Stock
As of today, we have three and one half business days left in 2015. If you have reviewed your financial holdings and discovered appreciated equity securities that if sold will dramatically increase your Schedule D capital gains; why not donate (transfer) the appreciated security itself (don’t sell it) to your parish before midnight New Year’s Eve. Donations to 501 (c) (3) entities like St. Ann and Sacred Heart may be deductable charitable gifts (if you meet the IRS requirements) and you do not have to pay capital gains on the appreciated value or the growth you earned. St. Ann and Sacred Heart do not have to pay capital gains, so you pay less taxes and the church gets to keep the entire sale value with no taxes. Remember however that to apply to your 2015 return, the brokerage transfer must be completed through the Archdiocese of Cincinnati before the end of the business day New Years Eve.
New Security procedures for school Masses
Both Sacred Heart and St. Ann are looking at implementation of revised security measures regarding access to the church when the school children are having Mass. We hope to have these measures in place for the start-up of school after the New Year. The school Masses may no longer be open to guests other than siblings, parents, and grandparents of the students. We will provide more information in next week’s bulletin.
Reflection on Scripture
Catholics don’t often use the terminology of being “reborn” in baptism; but we should. We are naturally born into the human race. We are spiritually reborn into the Church when we are baptized. We become blood brothers and sisters of Jesus Christ when we receive the Precious Blood in Holy Communion.
Interest in our ancestry has become a popular pastime for many. As members of the Body of Christ (the Church) we investigate our spiritual ancestry every time we read the Lives of the Saints or Catholic Church History. Be proud of your spiritual family history. Companies that do DNA analysis may be able to build a physical history for us; but only the Church can show us a family history that continues into eternal life.
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