What is the Amor Dei Society?
Those supporters of the Daughters of Divine Charity that include the Sisters in their will, estate plans or other planned gifts become members of the Amor Dei Society. Members of the Amor Dei Society honor the legacy of the Sisters, a legacy marked by their ministry of care and welcome. The Love of God (Amor Dei) defines the Daughters of Divine Charity. Join this Legacy Society to partner with the Sisters in support of their life and mission.
Have you already remembered the Sisters in your will or estate plans? Enroll in the Amor Dei Society now.
Want to Learn More about Planned Giving Options?
Although a bequest provision is the most common planned gift, there are many ways you may choose to make a gift to the Sisters.
The gift strategies described here will help you plan a gift while maximizing the use of your resources to benefit the Congregation of the Daughters of Divine Charity. These options should be discussed and planned with your personal attorney, financial advisor and / or accountant to ensure that you take full advantage of the available options.
- Charitable Bequest
- Including a bequest provision is the most popular way to plan a gift. Bequests may be for a specific amount, percentage of the total estate, or the residual of a final estate. Bequests may reduce estate taxes. It is best to contact an attorney when writing your will or revocable trust.
- Beneficiary Designation
- The Congregation of the Daughters of Divine Charity may be named in whole or part as the beneficiary of insurance policies, retirement funds, bank accounts, or other financial instruments. These gifts pass outside of probate and may reduce estate taxes.
- Charitable Remainder Trust
- The charitable remainder trust is an agreement between the donor and the Congregation of the Daughters of Divine Charity. In exchange for gifts of $50,000 or more, a donor receives income for one or more persons for life or for a set number of years. The income amount depends of the size of the gift and a donor-selected payout rate, usually between 5% and 7% of the trust’s annual value. The Congregation of the Daughters of Divine Charity will provide the trust documents at no cost, but a donor may wish to have them reviewed by an attorney. Charitable tax deductions apply.
- Charitable Lead Trust
- A charitable lead trust is used by donors to pass assets to heirs free of tax. A lead trust will produce an immediate gift to the Congregation of the Daughters of Divine Charity paid over a set number of years. Lead trusts are complex. Establishing a charitable lead trust requires the involvement of legal and financial experts and an investment of $500,000 or more.
- Donor Advised Fund
- A donor advised fund is similar to a private foundation but in a simpler form. For example, there are no required annual minimum distributions and no requirement to file the annual IRS Form 990. The advisor of the fund is the donor or those whom the donor designates. When money is placed in a donor advised fund, the donor receives a full tax deduction. At a later time, the donor advises the charity to make a distribution for a specific purpose. A donor advised fund may be established so that the end of the advisor’s life the assets become a permanent endowment
- Retained Life Estate
- Donors may benefit the Congregation of the Daughters of Divine Charity through a future gift of their home. The homeowner transfers the deed to the Congregation of the Daughters of Divine Charity and in turn receives a tax deduction based on the present value. Nothing else changes. The homeowner lives in the property, maintains it, and pays the mortgage and annual real estate taxes. After the homeowner’s life, the Congregation of the Daughters of Divine Charity takes control of the property.