One of the easiest and most common ways for you to support St. Mark's is with a gift of cash. Cash can be used to give:
An outright gift. By making a cash gift by check, credit card or money order today, you enable us to meet our most urgent needs. You will have the opportunity to see your generosity in action and will also receive a federal income tax charitable deduction, when you itemize.
A payable on death (POD) account. A POD bank account or certificate of deposit names one or more persons or charities as the beneficiary of all funds at your death. The beneficiary you name has no rights to the funds until after your lifetime. Until that time, you remain in control and are free to use the money in the bank account, change the beneficiary or close the account.
A gift in your will or living trust. Through a gift in your will or living trust, you can support St. Mark's with a specific amount of money or a percentage of your total estate. This type of gift allows you the flexibility to change your mind at any time.
A charitable gift annuity. One of the most common ways to fund this gift that supports St. Mark's and provides you and/or a loved one with fixed payments for life is with cash. A charitable gift annuity typically works well for those 65 and older although many people also find that funding a deferred charitable gift annuity which begins its payments at age 65 or older is an excellent way of building a more secure retirement while using the tax deduction when it is most advantageous.
A charitable remainder trust. Cash is the easiest and least complicated way to fund a charitable remainder trust. Oftentimes, it can provide the necessary liquidity to provide for payments to the income beneficiary when the trust is funded partly with hard to sell assets like real estate.
A charitable lead trust. You may always use cash to fund a lead trust. Oftentimes, lead trusts are funded with cash in addition to stock or real estate.