A bequest, insurance policy, personal property, or income gift You can create a lasting legacy of Mercy where you live and in communities throughout New Jersey by considering a unique gifting opportunity: the transfer of one or more assets. This is an excellent way to support our ministries. An asset transfer is a significant gift because it allows our sisters to continue our long-range planning while providing you with attractive tax and financial benefits. The Sisters of Mercy of New Jersey offer a variety of opportunities for the transfer of assets, depending on your circumstance. Your tax advisor can help you decide which type of asset transfer is best for you. Stocks and Securities An outright gift of stocks and securities usually avoids capital gains tax. For details, speak with your investment or tax advisor, or contact Linda Cavallo, Assistant Director of Development, Sisters of Mercy Regional Community of New Jersey, 908-756-0994, ext. 4006. Real Estate Current tax law allows you to make an outright gift of real estate which usually qualifies the donor for a tax deduction equal to the property’s fair market value as well as the avoidance of capital gains tax. Your investment or tax advisor is the best source of guidance. Or you can speak with Linda Cavallo, Assistant of Development, Sisters of Mercy Regional Community of New Jersey 908-756-0994, ext. 4006. Other Gifting Opportunities Consider these additional ways of supporting the day-to-day needs of our sisters in education, healthcare, social services, and spiritual direction as well as the retirement and healthcare needs of our older sisters. Naming opportunities An ideal way to memorialize someone in Mercy. Charitable Remainder Trust Provides lifetime income for you (or whomever you choose), income and estate tax advantages, and the avoidance of capital gains taxes on highly appreciated property. Charitable Lead Trust Allows you to protect a family business or other valuable assets from heavy estate taxes. An Endowment Fund Lets you memorialize a loved one; or you can identify yourself in perpetuity with a Mercy program or project. Life Insurance Enables you to make a substantial future gift at a moderate cost, whether you hold a new policy or one that is obsolete and no longer needed for its original purpose. Pooled Income Fund Allows you to pool gifts of $0,000 or more with others for investment by the Sisters of Mercy. Using proceeds from the Fund, the Sisters then pay you and/or someone that you designate with lifetime income. Once lifetime payments are satisfied, the principal of your gift will be used by the Sisters of Mercy of New Jersey to fulfill our mission of service.