Parish News & Information

Planned Giving

Take Advantage of Highest Payout Rates in Over a Decade!

As we walk on the road with Jesus, you can reflect his Light and support our sisters and brothers who make this life journey with us by considering a gift to the Church that pays you back – a charitable gift annuity. 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:

• Make a gift of $10,000 or more to the Archdiocese of Chicago. Fund your gift annuity with cash or securities.
• Receive fixed payments for life – for yourself or a loved one aged 60 or older. Payment rates are based upon the age of the annuitant at the time you establish the gift annuity.
• 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).
• The funds remaining after your lifetime will support our parish or school – as designated by you.

For more information, please visit giving.archchicago.org/cga. 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 Free Way to Support St. Paul of the Cross

Please consider making a gift from your individual retirement plan (IRA) that benefits you and our parish. A qualified charitable distribution (QCD) allows individuals age 70½ or older to authorize their IRA administrator to make a direct transfer of funds from their IRA to qualified charities, tax-free.

There are three main benefits of giving with a QCD:
1.  If you are 73 years old or older, the amount you transfer can satisfy all or part of your required minimum distribution.
2.  The amount transferred directly to charity does not generate taxable income, which may reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to tax.
3.  Your gift will be immediately used, allowing you to see the impact of your gift now.

If you would like more information on how to make a QCD gift to St. Paul of the Cross Parish, please contact Deacon Greg Vogt, Philanthropy Officer, Archdiocese of Chicago at 312-995-0686 or This email address is being protected from spambots. You need JavaScript enabled to view it..

Please consider a gift through your individual retirement account (IRA) in support of our parish.

Please consider a gift through your individual retirement account (IRA) in support of our parish. If your family’s needs are being met, you may wish to include our parish as a beneficiary. By naming St. Paul of the Cross Parish as a beneficiary, you will provide crucial financial support to our parish and the entire value of your gift will be transferred to us free from federal estate and income tax. It costs nothing to change the beneficiary on your retirement plan and will mean everything to our future parish community.

You can contact your IRA administrator and request a change-of-beneficiary form to include St. Paul of the Cross Parish as a recipient of your good stewardship. Please consult with your account administrator for more information, or contact Deacon Greg Vogt, Philanthropy Officer, Archdiocese of Chicago at 312-995-0686 or
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A Tax-Savvy Way to Support St. Paul of the Cross

August is National Make-A-Will Month. Please Remember St Paul of the Cross in Your Will or Trust

When considering which charities to include in your will or trust, we hope you will remember St. Paul of the Cross. A bequest can be made to our parish using the following language:

“I give [insert specific dollar amount, or percentage of net or residuary] to The Catholic Bishop of Chicago, Tax ID #36-2170826, a corporation sole located in Chicago, Illinois, to be used for the benefit of St. Paul of the Cross Parish located in Park Ridge, Illinois. However, if St. Paul of the Cross Parish ceases to exist in its current form, then to the new parish or parishes erected in its stead.”

Please consult an attorney and financial advisor when drafting your will or trust. For more information, please visit giving.archchicago.org/bequest or contact Deacon Greg Vogt, Philanthropy Officer, Archdiocese of Chicago at 312-995-0686 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

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..

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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