The Cathedral Fund
Your parish family, your legacy
Since 1937, the Cathedral of Christ the King’s mission has called our parish family to inspire others to a deeper relationship with Christ. Our mission statement: “To know, love and serve as Jesus did” can be lived by our commitment to know others as Christ knows us; to love others as Christ loves us and to serve as Christ serves each one of us. It is this mission which brings all of us, as a community, to a deeper understanding and love for God and for our brothers and sisters. The sacraments we receive and our many and varied ministries enrich our lives enabling us to spread God’s message in the world.
To ensure the future of our mission, we must think beyond our yearly tithing and current stewardship which fund the operational needs of the parish. We must envision long-range projects, major improvements, and expanding our ministries. Legacy giving is a compelling way to accomplish this.
Planning and Giving for Tomorrow
In our earliest years, visionary parishioners utilized legacy giving as a way to fulfill their hopes and dreams for the Cathedral. For example, one of our founding parishioners asked a fellow parishioner to consider leaving something in her will to the Cathedral; she responded by establishing a charitable trust in her will, naming the Cathedral as a beneficiary. This gift was small at first but has grown significantly over the decades. It continues to bless the Cathedral even today. Just as this woman did with one small but timeless act of generosity, we also have the opportunity to impact our parish for generations to come. We invite you to join us in building on our heritage by considering a legacy gift to our Cathedral Fund.
The Cathedral Fund
Administered by our Pastor and a lay Advisory Board, this fund serves as a vehicle to receive and manage current and future legacy gifts for special projects, support of ministries, and other longer-term Cathedral needs. Your current or future legacy gift to this fund can be used for a specific purpose designated by you in support of a specific project or ministry or for other major needs of the Cathedral.
Your Legacy Giving Liaison
To receive more information or discuss any questions you may have, please contact:
Tara LaBouff
Director of Advancement
Phone: 404-267-3689
Email: tlabouff@ctking.com
Lifetime Gifts
Gifts of Cash
If you itemize your tax deductions, you can lower your income taxes by simply writing a check.
Gifts of Stock
If you own appreciated stock, it is sometimes tax-wise to contribute stock rather than cash.
Gifts of Real Estate
It is possible to make a gift of any quality property you own.
Gifts of Life Insurance
Giving a life insurance policy can provide a current tax deduction and, upon your passing, provide a benefit to the Cathedral.
Charitable Remainder Trusts
You can make a substantial gift yet continue to receive income during your lifetime from the trust assets. You receive a tax deduction for the year in which the trust was created and then, upon your death, the trust assets pass to The Cathedral Fund.
Gifts Through Your Will
Outright Bequests
A bequest in your will is a simple, popular method for remembering the Cathedral. You may specify that the Cathedral receive a specific dollar amount, a certain percentage of your estate, or a certain asset. If you have a valid, up-to-date will, your attorney can add the Cathedral Fund as a beneficiary through a simple amendment called a codicil. Bequests of any size are welcomed.
Contingent Bequests
A contingent bequest in your will means that the Cathedral Fund will receive certain assets only if a named individual beneficiary precedes you in death.
Testamentary Trusts
Created by the terms of your will and activated at your passing, these can provide income for one or more persons for life, with the trust assets ultimately passing to the Cathedral Fund.
Gifts of Retirement Assets
Another attractive option is to designate a portion or all of the funds in a qualified retirement plan to The Cathedral Fund. Such an arrangement can enable the funds to avoid otherwise applicable income and estate taxes.
Create your Own Legacy to the Cathedral
Your lifetime and/or future legacy gift to The Cathedral Fund will assure the accomplishment of the Cathedral’s mission for generations to come. It will nurture the vitality of your Cathedral family through which your life has been so spiritually enriched.
We are ready to work with you and your advisors every step of the way to develop a gift plan that best meets your goals and objectives.