Parish News & Information

Planned Giving

A Tax-Savvy Way to Support St. Paul of the Cross

Do you have a life insurance policy you no longer need? A gift of life insurance is a powerful and simple way to provide future support for our parish. Here are two ways to give a gift of life insurance to St. Paul of the Cross.

1. Name our parish as a beneficiary of the policy. Simply update your beneficiary designation form with your policy holder and list the primary or contingent beneficiary as: “St. Paul of the Cross Parish, The Catholic Bishop of Chicago, a Corporation Sole”

2. Make an outright gift of an existing policy. You can irrevocably name our parish as owner and beneficiary of a policy with accumulated cash value that you and your family no longer need. You qualify for a federal income tax charitable deduction when you itemize on your taxes. Also, if you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift, if you itemize.

For more information on making a gift of life insurance to our parish, we recommend you consult with your financial planner, attorney, or insurance representative. Please contact Krystina M. Campbell, Planned Giving Officer, Archdiocese of Chicago at 312.534.5404 with any additional questions.

Bring Christ to the World Through Your Legacy

As we stand before God’s promise to make all things new, please consider one of the greatest acts of stewardship by including a gift to our parish in one of the following ways:
• Will or Trust
• Retirement Assets
• Life Insurance Policies
• Charitable Gift Annuity

For more information or for a free step-by-step guide to reviewing your estate plan, please contact Krystina M. Campbell, Planned Giving Officer, Archdiocese of Chicago at 312.534.5404 or This email address is being protected from spambots. You need JavaScript enabled to view it..

Give a Gift that Gives Back: Take Advantage of Higher Payout Rates! 

Charitable gift annuity payout rates have increased – allowing you the opportunity to benefit more from your giving and to help ensure that God’s good work continues. When you establish a charitable gift annuity with the archdiocese, not only will you receive fixed payments for life, but you can designate our parish as the remainder beneficiary.

How It Works:
1. Make a gift of $10,000 or more to the Archdiocese of Chicago. Fund your gift annuity with cash or securities.
2. Receive fixed payments for life – for yourself or a loved one age 60 or older. Payment rates are based upon the age of the annuitant at the time you establish the gift annuity.
3. Enjoy immediate and future tax benefits, including a federal income tax deduction for a portion of your gift, if you itemize. You can schedule payments according to your financial needs, and a portion of each annuity payment will be tax-free (through life expectancy).
4. The funds remaining after your lifetime will support our parish or school – as designated by you.

To receive a free, no-obligation personalized illustration of how you could benefit from a Charitable Gift Annuity, contact Krystina M. Campbell, Planned Giving Officer, Archdiocese of Chicago at 312.534.5404 or This email address is being protected from spambots. You need JavaScript enabled to view it..

A TAX-SAVVY WAY TO SUPPORT ST. PAUL OF THE CROSS

Please help us cover our increased operating costs by considering a direct gift of securities or mutual funds that have appreciated in value and have been held for more than one year.

When you donate appreciated securities or mutual funds to our parish, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer. For more information about donating stock or securities, please contact your financial advisor.

To make a stock donation to St. Paul of the Cross, please visit archchicago.org/stockgiftform and complete the electronic Letter of Intention form. Once you have submitted the form, you will receive a confirmation email with detailed instructions for you to complete your gift. If you have any questions, please contact Karen Whitehead, Archdiocese of Chicago at 312-534-7461 or
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