November 15, 2019

Year-End Giving Considerations

The end of the year and Christmas holiday is the perfect time to consider sharing God’s many blessings with the Archdiocese of Los Angeles through Called to Renew.

Many people choose to gift securities, real estate, or other assets that have increased in value for the significant tax advantages. If you itemize tax deductions, you may receive an income tax deduction up to the full market value of the securities you gift to the campaign as well as avoid capital gains tax on the appreciation. You save on both income tax and capital gains tax.

A year-end distribution from your IRA can also be a tax-advantageous gift. If you are 70½ or older, the IRS requires you to take required minimum distributions (RMDs) each year from your tax-deferred retirement accounts. Amounts distributed as a qualified charitable distribution (QCD) can be counted toward satisfying your RMD for the year, up to $100,000, and can also be excluded from your taxable income.

  • In order for your gift to be eligible for a tax deduction for 2019, it must be postmarked by December 31, 2019 when mailed to the Archdiocese of Los Angeles.  
  • The Archdiocese must receive credit card donations, stock transfers, and gifts of securities by 11:59 p.m. PST on December 31, 2019. 
  • RMDs must be deposited into the Archdiocese bank account by December 31, 2019. Due to the Christmas holiday, the Archdiocese requests receipt of your RMD by December 16, 2019, in order to ensure timely processing. 

For more information about year-end giving, please contact Advancement Services at 213-637-7341 or​. Thank you for your support of the Archdiocese of Los Angeles! 

Tax ID #95-1642382
This information is not intended to be legal or tax advice. You should always consult with your legal, tax, and financial advisors for specific advice on these matters.

Sacred Heart in Los Angeles has a successful first Commitment Weekend!
During the first Commitment Weekend Sacred Heart in Los Angeles, parishioners were inspired by the words of Fr. Tesfaldet Asghedom and pledged an impressive $169,403 from 126 gifts - amazing! The parish has now raised a total of $630,743, or 194% of their $325,000 goal. Fr. Tes expressed his gratitude and appreciation for his Campaign team and credited them with the success of the parish. Throughout the Campaign, Sacred Heart maintained an active Campaign Executive Committee led by co-chairs, Rudy Lopez and Barbara Zuehls. Thank you all for your incredible support, and congratulations on your accomplishments to date!

Holy Trinity raises more than $300,000 during Commitment Weekend!
Congratulations to Fr. Ricardo Viveros and the volunteers at Holy Trinity for raising $330,500, or 80% of their goal during their first Commitment Weekend. From this massive achievement, the parish has now raised $1,138,000, or 274% of their goal. Good luck at your second Commitment Weekend! 

St. Casimir in Los Angeles exceeds their goal! 
Congratulations to Fr. Tomas Karanauskas, business manager, Vidal Aguas, and the faithful parishioners at St. Casimir for raising $241,725! To date, 56 families have participated in the Called to Renew Campaign, pledging 112% of their goal. St. Casimir is known for its active Lithuanian community, and it is through their generosity and the generosity of all the vibrant communities in the parish that they have experienced success in the Called to Renew Campaign. We wish the entire congregation of St. Casimir continued prosperity in the coming weeks!

All Saints in Los Angeles reaches 104% of goal!
Congratulations to Fr. Thomas Choondal and the generous parishioners at All Saints in Los Angeles for surpassing their Campaign goal! To date, the parish has raised $312,390, or 104% of their goal. Fr. Thomas is planning on using funds from Called to Renew to invest in the faith of future generations by  improving school curriculum, increasing scholarships, and updating classroom materials. Additionally, he plans to repair minor leaks on the roofs of the church, parish center, and rectory. We look forward to witnessing the transformation of the entire community at All Saints! 

Our Lady of Lourdes in East LA achieves goal!
Congratulations to Fr. Jesus Zamarripa and the faithful at Our Lady of Lourdes for reaching 100% of their Campaign goal! Over the last few months, Fr. Jesus has worked tirelessly to engage parishioners in the mission of Called to Renew. This past weekend, Our Lady of Lourdes hosted its first Commitment Weekend, collecting nearly $70,000 towards its $320,000 goal. Fr. Jesus is excited to report the good news to his community this weekend and continue to invite the support of his parishioners. Thank you to Fr. Jesus and all of the Campaign Ambassadors at Our Lady of Lourdes for your devotion!

St. Finbar raises more than $90,000 from parish receptions!
Congratulations to Fr. Francis Mendoza and his dedicated team of volunteers for their successful receptions this past week. Over the course of three receptions, the Campaign team hosted nearly 60 people and secured more than $90,000 in gifts! The community is responding to Fr. Francis’s compelling vision for the future of St. Finbar, the passionate testimonies of our volunteers, and - of course - the delicious meals served at the receptions. The committee is enthusiastic about continuing to spread the message of Called to Renew to an even greater portion of the parish in the coming weeks. Good luck! 

Holy Cross reaches new milestone!
Congratulations to Msgr. Joseph Hernandez and the Campaign Executive Committee at Holy Cross in Moorpark for reaching 72% of their $915,000 campaign goal from 92 gifts! Msgr. Hernandez and the CEC are excited to use Campaign funds to renovate their parish offices and replace their roof, sprinklers, and HVAC. Making these improvements will allow Holy Cross to better serve its parishioners and the entire community in Moorpark. The Campaign team is determinedly working towards their enhanced goal of $1,000,000 to transform their parish. Keep up the great work!
St. Maximilian Kolbe Westlake Village hosted a reception this past Tuesday. Several members of the parish’s ambassador group spoke about why they gave to the Campaign, including Carrie Ammann and Rick Bianchi, pictured above.
Campaign Progress Updates 

The Called to Renew Campaign is experiencing great success! These numbers are updated as of 10:00 a.m. on Friday, November 15.

To date, the Campaign has raised $312,768,175 of the Campaign goal. Listed below is the progress of our Pilot, Wave 1, and Wave 2 Parish campaigns. 
Pilot Phase
Wave 1
Wave 2
"It is one of the most beautiful compensations of this life that no man can sincerely try to help another without helping himself…Serve and thou shall be served." 

Ralph Waldo Emerson 
Our mailing address is:
Archdiocese of Los Angles - 3424 Wilshire Blvd., Campaign Office - Los Angeles, CA 90010

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