Treasure

Good Financial Stewardship

Is Planned:

It requires prayer and soul-searching. We don’t give merely what we have left at the end of the week or month.

Is Proportionate:

Our giving is in proportion to what God had given us.

Is Sacrificial:

We give back to God more than just what is left over. We give out of what we need for ourselves.

Is Based on Gratitude:

Our giving is a response to the immense love God has already shown for us.

Asks us to:

Place God’s priorities before our own and give the first portion of our resources to the Lord’s work, then to satisfy our own needs.

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Annual Financial Pledge Card

Stewardship of Treasure Pledge

As Catholics, we are all called to faithfully and prayerfully support the mission of the Church (the parish, the diocese and the wider universal Church) in accordance with the manner in which we recognize, receive, accept and share our varied God given giftedness.

  • Please enter the year you're pledging for, e.g. "20xx".

Blessed Sacrament Parish Endowment Fund

Are you aware that our Parish has an Endowment Fund?  The Blessed Sacrament Parish Endowment Fund is one of many endowments in the Diocese of Saginaw administered by the Catholic Community Foundation of Mid-Michigan.  These funds are professionally managed in a variety of high-quality investments.  Only the earnings from an endowment fund are returned to Parish, which can help cover daily operations and capital improvements.  The principal investment cannot be touched. The earnings, however, can provide a source of Parish funding in perpetuity.

The Blessed Sacrament Parish Endowment Fund is not large and we are looking to grow our Fund to help sustain Blessed Sacrament’s financial future and achieve our mission: “To help everyone recognize and experience the presence of God”.  If you are thinking about how to provide for our Parish long into the future please consider the Blessed Sacrament Parish Endowment Fund in your stewardship planning, whether that be with a current contribution or as part of your estate planning (wills, trusts, donor-advised funds, etc.). 

Parish Office | 989-835-6777
Catholic Community Foundation of Mid-Michigan | 989-797-6624 | ccfmm@dioceseofsaginaw.org

Qualified Charitable Distribution (QCD)

Overview

Qualified Charitable Distribution (QCD) allows you to give directly from your Individual Retirement Account to a qualified charity which might satisfy any minimum distribution requirements you may have. There are age and maximum distribution rules for this type of gift, so you’ll want to discuss this strategy with your financial advisor.

Requirements

  • The funds must be issued directly to a qualified charity from a Traditional or Roth IRA. Generally a qualified charity includes: most public charities, including religious institutions, certain veterans’ organizations, fraternal societies, and community foundations that provide scholarships.
  • The donor cannot receive any benefit from making a QCD and the QCD cannot be deposited by the charity into a donor advised fund.

Best Practices/Steps

  1. Consult your tax professional to ensure it is in your best interest to complete a QCD and your distribution qualifies.
  • Notify Blessed Sacrament that they will be receiving a check from you and obtain the following important details:
    • How the check should be made payable
    • Mailing address
  1. Contact your Financial Advisor or Account Administrator to request the funds to be issued from your Traditional or Roth IRA as a QCD. You will need to discuss liquidating securities if the account does not have cash and/or money market funds available.
  2. Follow up with Blessed Sacrament 7-10 business days after the check is issued. Verify that we received the funds. Blessed Sacrament will mail a receipt to you.

Parish Outreach

Blessed Sacrament Parish tithes 10% of it’s Sunday collection to local organizations and to provide funds to assist individuals and families with emergency needs. The Christian Service Commission oversees the distribution of the funds. 

 

We are also involved in The Mission Cooperative Appeal through the Diocesan Mission Office. Click here to learn more about the two missions that we support.

Christ’s Mission Appeal

Christ’s Mission Appeal

If you have questions, please contact Patrick Regier, Business Manager.

Contributions can also be dropped off in the collection baskets at Mass or at the Parish Center.

For more information about other ways to give, please visit the Diocese of Saginaw website.