End-of -Year Contributions
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The tithes and offerings of God’s people make all our ministries at St. Elizabeth Ann Seton possible.
END-OF-THE-YEAR CONTRIBUTIONS
In addition to your regular giving, year-end gifts are an integral part of our ministry budget support. These year-end gifts help our Church fulfill our mission to spread the Gospel of Jesus Christ. Your year-end gifts will have a much more tangible effect this year as we continue working to eliminate the debt acquired to construct our beautiful, new worship space.Please keep these important dates in mind for your Year-End Giving plans.To claim a charitable contribution for 2025, contributions must be
- Placed in the collection basket on or before December 31st,
- Delivered to the Church Office on or before December 26th,
- Mailed via USPS to the Church Office, postmarked by December 31st
- Contributed online before midnight on December 31st.
Contributions can be mailed to or dropped off at the Church Office located at
2701 Piedra Drive, Plano, Texas 75023OPPORTUNITIES TO GIVE
ONLINE Make a one-time year-end contribution or set up recurring gifts with Realm eGiving online or by text. Go to onrealm.org/SEAS or text SEAS to 73256 and follow the steps provided.
APPRECIATED STOCK
If you have appreciated stock, you may realize a tax break by donating it to St. Elizabeth Ann Seton. For donation instructions, please get in touch with Deacon Robert Rayner in the Business Office by Sunday, December 21, 2025. Gifts must be received by Friday, December 26th. Please seek guidance from your financial or tax advisor for more information.
QUALIFIED CHARITABLE DISTRIBUTIONS
If you are 70 ½ or older and must make a Required Minimum Distribution from your retirement plan, you may benefit from a direct gift to St. Elizabeth Ann Seton. Gifts must be received or postmarked by Tuesday, December 31st. Again, please seek guidance from your financial advisor for more information.OTHER CONSIDERATIONSP.L. 119-21 introduces new provisions that could trigger tax considerations for donors.
New limits to deductions for itemizers in the top tax bracket. Of particular interest to parishioners in the highest tax bracket (37%) is the new legislation which limits the tax benefit of itemized charitable deductions to 35%. For example, a $10,000 donation will yield a $3,500 deduction rather than the previous $3,700. This change will take effect in the 2026 tax year.
New floor on deductions for itemizers. Also effective for the 2026 tax year, itemizers who make charitable contributions will only be able to claim a tax deduction to the extent that their qualified contributions exceed 0.5% of their adjusted gross income (AGI). This means that a couple with an AGI of $200,000 could only deduct those charitable donations in excess of $1,000.
Please discuss these new law changes with your tax advisor soon, as it may be more tax-efficient to make donations in either 2025 or 2026, depending on your tax situation.
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Contact our Parish Office for AssistanceNeed help or have questions?
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rraynereseton.orgDirector of Finance -
jwelsheseton.orgStaff Accountant
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