Stocks, Wire Transfers and Mutual Funds

Donating shares of stocks or mutual funds is a great way to assist with our mission.

Guarding God’s Provisions for the Dying Poor: The Heart of Mary House Endowment Fund.

It truly takes a community to support our mission of providing a home and 24/7 to the dying poor. Our guests not only receive impeccable care, but they are also treated with such dignity and love that they begin to flourish and by the end of their time at the Heart of Mary House, they have come to know God and have surrendered to His perfect love for them! With your gift, you are playing an integral role in this great work!

Together, we can ensure that Heart of Mary House will always be a home filled with compassion, dignity, and peace.

For a little over 3 years, Heart of Mary House has opened its doors to those with nowhere else to go at the end of life. We provide comfort, dignity, and love — at no cost to those we serve. 

On average, we serve 15-20 individuals each year.

Our residents come from all walks of life. A few have been living on the streets prior to admission. Many were living alone in their own home. Some were living in tragic circumstances of abuse and neglect. No matter where they were before, once they cross the threshold into HOMH, they are embraced with compassion, dignity and most of all, love! 

If there is family involved, sometimes they are hesitant to have their loved one being cared for at the HOMH. It is the fear of the unknown and what kind of ‘care’ is actually free? But once they arrive, each and every one of them are overwhelmed with gratitude and voice sincere appreciation for the gift of HOMH. They often return after their loved one has passed with small tokens of appreciation or write with words that describe their sentiments.

The Heart of Mary House Endowment Fund ensures that our mission of compassionate care continues for generations. Gifts to the endowment are invested — only the income is used to sustain our work, while the principal remains untouched.

The Heart of Mary House Endowment Fund is held in a dedicated account managed by Fidelity. It is invested responsibly, balancing security and growth.

We view all resources as gifts entrusted to our care by God. Our investment philosophy is rooted in faith, prudence, and moral responsibility. Guided by Catholic social teaching, we seek to steward these resources in a way that honors human dignity, upholds life, and serves the poor and dying with compassion and integrity.

Every financial decision is discerned through prayer, ethical consideration, and a commitment to the mission entrusted to us.

Our aim is not only to preserve and grow funds, but to safeguard the sacred trust that supports the dying poor — ensuring that the Heart of Mary House continues to be a place of mercy, peace, and dignity for generations to come.

Endowment earnings are used for our operating expenses, which by and large is providing our employees the ability to earn a just wage.

Ways to Give:

  • Outright gifts (check, stock, IRA rollover, etc.)
  • Legacy giving (in wills or trusts)
  • Named funds (for donors over a threshold amount)
  • Matching or memorial gifts

A gift to the HOMH Endowment is not just a donation, it is you answering the call from the Lord to help us as we “care for the least of these.” (Matt 25)

The gift of our faithful supporters who choose to remember Heart of Mary House in their will leave behind a legacy of love and compassion for years to come. We have sincere gratitude for such gifts!

We are deeply grateful for gifts made through wills and estate plans. They build a foundation for our future, but a gift made today does something equally powerful — it helps us serve those in need today, while allowing you to experience the immediate blessings and potential tax advantages of charitable giving.

We invite you to consider the joy and peace that come from giving during your lifetime. Your gift of today allows you to see your generosity in action and strengthens our mission now, while building the foundation for the future. 

It is quite possible that your donations are tax deductible in the year that you give. This reduces your taxable income and opens the door for you to increase your philanthropy rather than taxes. 

When you donate appreciated assets, such as stocks, mutual funds, or real estate, you can avoid paying capital gains tax on the increase in value while still receiving a charitable deduction for the full market value of the gift. 

You will reduce the size of your taxable estate when you give during your lifetime. More of your generosity goes towards the mission to build the Kingdom of God instead of towards taxes. 

Utilizing the virtue of wisdom through philanthropy is an act of stewardship! It demands that we use the gifts that God has entrusted to us in specific ways to serve our neighbor in need and glorify the Lord!

Fidelity

DTC Number: 0226
ACCT Name: Catholic Comfort Care Homes

(Tax ID# 88-4022245)
ACCT Number: Z40364593

Give + Wisdom:

When it is ‘tax-wise’ to donate stock to a 501c3 non-profit.

Thank you for considering making a gift of appreciated stock to HOMH! You have arrived at the right location to learn about how making a charitable donation to HOMH can bring you double the tax benefits and additional savings! 

Did you know that a gift of stock may provide more benefits than a cash gift? When a gift of stock is made to HOMH it eliminates the capital gains tax that would be due upon selling the stock. There are also tangible tax-savings and benefits while also supporting a most worthy mission in solidarity for the common good!

Steps to discern if a gift of stock is right for you: 

1. Do you hold stocks that have risen in value?  If your stocks are highly appreciated, you may find yourself with a major tax bill when you go  to sell. You can avoid the capital gains tax on any paper profit when you use these securities as a gift.

2. Do you want to maximize your deduction while not affecting your liquidity? You can retain your cash assets while also receiving a charitable tax deduction for the full fair market value of the stock that you’ve owned for more than one year. 

Through Faithful Stewardship – All donations made to the Heart of Mary House are made in recognition that our charitable donors work alongside us as caretakers, not owners, of God’s gifts. As caretakers of God’s provisions, we also understand the specific mission of loving our neighbor and building up the Kingdom of the Lord!