Knights of Columbus
Nebraska State Council
Nebraska State Council Foundation
What is the Knights of Columbus Nebraska State Council Foundation?
How does it benefit the Knights of Columbus Nebraska State Council (KCNSC)?
What is a Memorial and How Can I Give One?
What Different Ways Can I Give
What is the Knights of Columbus Nebraska State Council Foundation?
The Foundation is an endowment fund for receiving the contributions of donors to a permanent fund with income to be used for providing grants to a broad spectrum of charitable projects and programs. Its purpose is to enhance and support the quality of life in Nebraska while supporting the Knights of Columbus Nebraska State Council mission.
The endowment fund is kept in perpetuity to provide income for the benefit of the Knights of Columbus Nebraska State Council charitable causes. It puts money to work to earn money rather than having to raise new dollars every year.
How does it benefit the Knights of Columbus Nebraska State Council (KCNSC)?
Through the Endowment Fund KCNSC can further their mission of helping others. They will be able to help community services, Catholic education, provide grants to the clergy, help the homeless and handicapped individuals, along with many other things.
Donations qualify as charitable contributions for your income tax purposes. They are deductible to the maximum extent permissible under tax law. You pay no fees to participate in this program and can choose how much of a gift you wish to give. Through your donations you are helping the Knights of Columbus Nebraska State Council fulfill its mission.
What is a Memorial and How Can I Give One?
You can preserve the memory and the good that flowed from a valued friend or family member's life through a memorial. You can ask other friends and corporations who knew that person to contribute to the fund on behalf of him. The amount is then dedicated on behalf of him and becomes a meaningful, permanent living memorial.
What Different Ways Can I Give?
Cash
The most straight-forward way that you can give your donation is through cash or check. You simply make the check out for the amount you wish to give and designate it to the KCNSC Endowment Fund.Securities
Gifts of stocks or bonds can also be used as donations. Such gifts often provide important tax advantages to the donor. Their full fair market value is deductible as a charitable contribution; deductibility is limited to 30 percent of the donor's adjusted gross income.Life Insurance
If you have recently purchased or have been paying premiums on a life insurance policy, it can be contributed to charity. You can donate the policy to the KCNSC Endowment Fund and you get an immediate tax deduction, usually in an amount equal to the cash surrender value.Bequest
Through a bequest, you have the opportunity to perpetuate good works in a living memorial. KCNSC may be named as the residuary beneficiary of your estate, as the recipient of a specified gift or contingent bequest, or as the ultimate beneficiary of the assets of a charitable remainder trust. Bequests are deductible for federal estate tax purposes.Real Estate
By donating real estate, the money made by liquifying it will go to the KCNSC Endowment Fund. For you, it is tax deductible for the appraised amount.
For More Information on the many other ways you can give or if you have other questions please contact:
Knights of Columbus
Nebraska State Council Foundation
P.O. Box 607
Kearney, NE 68848
(308) 237-3114 (Judi Sickler, Kearney Area Community Foundation)
What if I want to Continue to Give?
Sustaining Members:
Individuals who contribute at least $100 (Charter Member level) annually will be recognized.
Councils or groups that donate at least $250 annually will also be recognized.
Also, years of continuous contribution will be recognized
What Other Giving Levels are Available?
Knights of Columbus Fellowship:
Individuals whose contributions reach a total of $2,500 will be recognized.
Councils or groups whose donations reach a total of $5,000 will also be recognized
Father McGivney Fellowship:
Individuals, Groups, or Councils that reach $10,000 in total donations will be recognized.
Recognitions will be given at the Annual State Convention and in the Courier.