If you itemize on your tax return, you may deduct gifts of cash to Sacred Heart Southern Missions to offset as much as 100% of your income.
If you don't itemize your deductions, you can still reduce your taxable income by up to $300 (or $600 for married couples filing jointly) for contributions of cash to support our work.
By the way, qualified charitable distributions from your IRA are still a great way to make contributions if you are 70 1/2 or older. Please note that the 2020 CARES Act suspension of the required minimum distribution from most retirement plans does not appear to have been extended into 2021.
For more information about these ideas, contact our Director of Donor Relations Steve Koepke at 888.217.4829 or via email at firstname.lastname@example.org or visit our planned giving website: https://legacy.shsm.org/2021-Tax-Incentives