A gift of securities, including stocks or mutual funds, is a great way to support the Newman Center Catholic Community at UC San Diego. The Diocese’s Office for Stewardship is responsible for handling donations of stock. If interested, please first consult with your personal tax, legal, or retirement consultant on the donation and tax implications. Then contact the Diocese’s Office for Stewardship. Please make sure to designate the Newman Center Catholic Community at UC San Diego, a non-profit organization under Group Exemption 0928 with Federal Tax ID # 99-3732854, as the full beneficiary. The Diocese will then make sure that the full value of your donation goes to the Newman Center Catholic Community at UC San Diego.

To donate or learn more, please visit www.sdcatholic.org. Thanks for your generosity and support of the Newman Center Catholic Community at UC San Diego! Without you Newman would not be able to fulfill its Mission!

Please keep the following in mind when sending in stock donation requests:

• For tax purposes, the value of the securities being donated is based upon the average of the high and the low price of the securities on the date the securities are transferred to the Diocese in accordance with IRS guidelines.
• The longest lead time incurred is usually in transferring the stock from its current broker to the Diocese’s designated selling broker. Typically, stock is sold either on the day it is received or on the following business day.
• Donors will receive an acknowledgment letter from the Diocese of San Diego within four weeks of transferring their shares to Merrill Lynch.
• Deadline for Mutual Funds: December 1st
• Deadline for Stocks and ETFs: December 15th
• Any donations not received by the respective deadlines will be facilitated for calendar year-end to the best of the ability of Merrill Lynch.

For tax year 2025, a donor age 70 1/2 or older can make a tax-deductible transfer of up to $108,000 from their IRA to a qualified charity, such as the Newman Center Catholic Community at UC San Diego each year. This is called a charitable rollover or a qualified charitable distribution (QCD). A married couple who are both 70 1/2 or older at time of the transfer can each transfer $108,000 from their IRA’s for a total of $216,000. QCD distributions made to qualified charitable organizations are tax deductible as charitable contributions.

If you reach the age of 73 at any time in 2024, traditional IRAs require you to make Required Minimum Distributions (RMDs). These RMDs will ordinarily be taxable income, because you did not pay federal income tax when you contributed the money to your account. However, you can avoid the tax on that distribution by making the RMD as a QCD directly from your IRA to a charity, such as the Newman Center Catholic Community at UC San Diego. Your IRA administrator will explain how your RMD distribution can be made to a charitable organization as a QCD, thereby removing the amount of the RMD distribution from your taxable income.

Your IRA administrator may take several weeks to process your request for a transfer of your distribution to the Newman Center Catholic Community at UC San Diego. Please consult with your IRA plan administrator for instructions and deadlines.

Distributions from your IRA that are made out to you personally and not to the Newman Center Catholic Community at UC San Diego or a qualified charity WILL NOT count as an IRA Charitable Rollover.

If interested, please consult with your personal tax advisor on the donation and tax implications. Please inform your legal, tax, or retirement consultant that we are the Newman Center Catholic Community at UC San Diego, a non-profit organization under Group Exemption 0928 with Federal Tax ID # 99-3732854. When making your gift or contribution please designate the Newman Center Catholic Community at UC San Diego as the full beneficiary. You may make donations directly to the Newman Center Catholic Community at UC San Diego or through the Diocese of San Diego.

To learn more, please visit www.sdcatholic.org. Thanks for your generosity and support! Without you Newman would not be able to fulfill its Mission!

You can support the Newman Center Catholic Community at UC San Diego by leaving a Legacy Gift, known as a Bequest. A Bequest is a gift made to charity in your will or trust. One significant benefit of making a gift by Bequest is that it allows you to continue to use the property you will leave to charity during your life. Another benefit is that by making a Bequest you are able to leave a lasting legacy to the community you love, hence a Legacy Gift. The Diocese’s Office for Stewardship is available to assist you and your legal team in establishing a Bequest and accomplishing your goals.

For assistance or to learn more, please visit www.sdcatholic.org. Thanks for your generosity and support of the Newman Center Catholic Community at UC San Diego! Without you Newman would not be able to fulfill its Mission!

Types of Bequest

There are a number of ways you can make a Bequest to the Diocese of San Diego to benefit the Newman Center Catholic Community at UC San Diego. You can leave what is called a Specific Bequest. A Specific Bequest involves making a gift of a specific asset such as real estate, a car, other property or a gift for a specific dollar amount. For example, you may wish to leave your home or $10,000 to the Diocese of San Diego to benefit the Newman Center Catholic Community at UC San Diego. Another kind of specific Bequest involves leaving a specific percentage of your overall estate to charity. For example, you may wish to leave 10% of your estate to the Diocese of San Diego to benefit the Newman Center Catholic Community at UC San Diego.

Another kind of Bequest is called a Residual Bequest. A Residual Bequest is a Bequest that is made from the balance of an estate after the will or trust has given away each of the Specific Bequests. A common Residual Bequest involves leaving a percentage of the residue of the estate to charity. For example, you may wish to leave 30% of the residue of your estate to the Diocese of San Diego to benefit the Newman Center Catholic Community at UC San Diego.

Bequest Benefits

There are no limitations on Bequest gifts. Bequests may be made for a general or specific purpose. All Bequests are exempt from federal estate taxes. If you have a taxable estate, the estate tax charitable deduction may offset or eliminate estate taxes resulting in a larger inheritance for your heirs. This should not be construed as tax or legal advice. Please consultant your tax and legal professional before making any Bequest or financial decision.

Bequest Language

In order to make a Bequest, you should speak with your attorney. Your attorney can help you include a Bequest to the Diocese of San Diego to benefit the Newman Center Catholic Community at UC San Diego in your estate plan. We have provided some basic Bequest language to assist you and your attorney.

1. Outright Bequest

If you are considering making an outright Bequest to the Diocese of San Diego to benefit the Newman Center Catholic Community at UC San Diego, we recommend the following language:

Bequest of a Specific Dollar Amount

I hereby, give, devise and bequeath $DOLLARS to the Roman Catholic Bishop – Diocese of San Diego, a non-profit organization located at 3888 Paducah Drive, San Diego, CA, 92117, Federal Tax ID #95-1644613, for the benefit of the Newman Center Catholic Community at UC San Diego and distributed to the endowment fund or outright for the purpose of ____________________.

Bequest of Specific Personal Property

I hereby, give, devise and bequeath DESCRIPTION OF PROPERTY to Roman Catholic Bishop – Diocese of San Diego, a non-profit organization located at 3888 Paducah Drive, San Diego, CA, 92117, Federal Tax ID #95-1644613, for the benefit of the Newman Center Catholic Community at UC San Diego and distributed to the endowment fund or outright for the purpose of ____________________.

Bequest of Specific Real Estate

I hereby give, devise and bequeath all of the right, title and interest in and to the real estate located at ADDRESS OR DESCRIPTION OF PROPERTY to the Roman Catholic Bishop – Diocese of San Diego, a non-profit organization located at 3888 Paducah Drive, San Diego, CA, 92117, Federal Tax ID #95-1644613, for the benefit of the Newman Center Catholic Community at UC San Diego and distributed to the endowment fund or outright for the purpose of ____________________.

Bequest of Percentage of an Estate

I hereby, give, devise and bequeath PERCENTAGE OF YOUR ESTATE to the Roman Catholic Bishop – Diocese of San Diego, a non-profit organization located at 3888 Paducah Drive, San Diego, CA, 92117, Federal Tax ID #95-1644613, for the benefit of the Newman Center Catholic Community at UC San Diego and distributed to the endowment fund or outright for the purpose of ____________________.

Residual Bequest

I direct that the remainder of my estate, whether real property, personal or mixed and wheresoever situated, be distributed to the Roman Catholic Bishop – Diocese of San Diego, a non-profit organization located at 3888 Paducah Drive, San Diego, CA, 92117, Federal Tax ID #95-1644613, for the benefit of the Newman Center Catholic Community at UC San Diego and distributed to the endowment fund or outright for the purpose of ____________________. My Executor shall, at the request of Age Well Senior Services, liquidate and sell any real estate or tangible personal property which is part of the residue of my estate before making distribution.

2. Other helpful language for any bequest:

I instruct that all charitable gifts, bequests and devises should be made, to the extent possible, from assets that constitute income in respect of a decedent, as that term is defined in the Internal Revenue Code.

3. Document a Bequest:

If you are considering a bequest but would like to ensure that your bequest will be used only for a specific purpose, please let the Diocese’s Office for Stewardship know. We recommend completing a Bequest Intention/Gift Agreement form to document your wishes on where the funds will be distributed and for the purpose intended. The Diocese of San Diego will keep these forms secure and in confidence to be viewed at the time a bequest is received.

The Diocese’s Office for Stewardship would be happy to work with you and your attorney to help you identify ways to give that will ensure your charitable objectives can be met. In addition, the Diocese’s Office for Stewardship can work with you and your attorney to craft language to accomplish your objectives.

No information provided on this website, www.tritoncatholic.org, or any linked website, including but not limited to www.sdcatholic.org, should be construed as legal, tax, or investment advice. The Newman Center Catholic Community at UC San Diego and the Roman Catholic Bishop – Diocese of San Diego are not legal, tax, or investment experts or professionals. Any information provided on this website and any linked website is for informational purposes only and you are encouraged and advised to seek your own legal, tax, and investment advice from a qualified professional prior to making any donations, whether by cash, investment securities, IRA contributions, or Bequests.