
An Update About IRA Gift Transfers
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Provisions of the Emergency Economic Stabilization Act of 2008 will allow tax-free contributions from IRAs up to $100,000 for those age 70-1/2 and older. Learn more...
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Read our Featured Ministry Stories to see how your financial support helps us bring hope in a diverse society.
Family and friends, former and current students and their
families are invited to join the Notre Dame mission through their
spiritual and material support. A quarterly newsletter, Vision and Challenge, is published by the Development
Office to share current updates about Sisters of Notre Dame in life and
ministry. To have your name placed on the mailing list, e-mail Carmela Burke or
see the Response Form.
The Sisters of Notre Dame are financially independent
from the Catholic Church. Although a number of the sisters
receive a small stipend for their services, additional
sources of income are needed especially for the retired
sisters and for ministries which meet the needs of the
poor, both in the United States and in Africa.
Four funds have been established:
The Retirement Fund supplements Social
Security to provide total care for approximately 25 retired
sisters; according to the National Religious Retirement
Office, this need is substantial since the province’s
Retirement Fund is less than 50% of the recommended amount.
The Life and Ministry Fund underwrites
the living expenses and ministry activities of the sisters,
particularly the sisters in the province who give uncompensated
service to the church and for several sisters who are
disabled.
The Uganda Mission Fund supports St. Julie Convent and School in Buseesa, Uganda, opened in 1995 and 1997 respectively. With faith in God’s providential care and the generosity of many donors, the sisters made a commitment to the poor of Uganda, realizing that this action would in turn create financial challenges.
Our donors have supported the mission generously. The students have excelled, the people of Buseesa are thriving, and vocations are increasing. In the spring of 2009, we will open a second house near Kampala to serve the people there and provide a home for Ugandan Sisters of Notre Dame who are attending college.
The average life expectancy for the people of Uganda is 43 years. There is an urgent need for education, leadership training and economic development so that the people may experience the goodness of God as they improve their lives.
The Julie Fund provides grants to various
SND projects that assist the financially-disadvantaged
and vulnerable. The maximum annual grant is $2,000 for
each project; recent grants have been awarded to:
Conejo Youth Employment Service,
Thousand Oaks
Employment counseling for youth-at-risk
La
Reina High School, Thousand Oaks
Scholarships for deserving students
St.
Anthony Parish, Long Beach
Bibles for adult education
St. Lawrence
School, Los Angeles/Watts
Scholarships for deserving students
Ventura
County Prison Ministry, Ventura
Bibles and evangelization materials for prisoners
[Applications for Julie Fund grants may be made
only by Sisters of Notre Dame of the California province.]
Donors are asked to consider contributions
through:
Cash Gifts
The easiest gift to make is a gift of cash; these donations
are deductible for income tax purposes, subject to Internal
Revenue Service limitations and guidelines.
Matching Gifts
Many large corporations will match their employees’
donations. Donors are encouraged to contact their Human
Resources Officer for further information.
The Internal Revenue Service tax-exempt number for the
Sisters of Notre Dame of Los Angeles is 95-2005867.
Memorial Gifts in Lieu of Flowers
A number of SND friends have asked about contributions
in memory of a loved one who has died, in lieu of flowers.
The following information would be appropriate to include
in a newspaper obituary notice:
"In lieu of
flowers, the family requests donations to the
Sisters of Notre Dame
c/o Development Office
1776 Hendrix Avenue
Thousand Oaks, CA 91360."
Life Insurance
Donors may make The Sisters of Notre Dame of Los Angeles
the beneficiary of a life insurance policy. The policy
proceeds are then deductible for estate tax purposes.
A current income tax deduction is also possible for making
the Sisters of Notre Dame the owner of a policy.
Marketable Securities
A gift of marketable securities which are otherwise subject
to long-term capital gains is often advantageous. A donor
may avoid payment of capital gains tax on the increase
in the value of the stock and receive a deduction for
the full fair market value of the stock at the time of
the gift, subject to limitations.