Gifts of Appreciated Property

        Charitable gifts of appreciated property  (real estate or capital gain
securities) can provide even greater tax benefits than a cash gift of equal value.
You may take a charitable deduction for the full fair market value of the property,
while avoiding capital gains taxes.  The IRS currently allows you to deduct the
full fair market value of the property up to 30% of your adjusted gross income for
the year of the gift.  Any amount over that ceiling can be carried forward for
future deduction, for up to five years, subject to the same percentage limitations.

        A gift of appreciated property is considered made on the day the transfer is
completed.  Please contact the Office of Resource Development at the
Archdiocese (Phone:  503-233-8336) for specific instructions.

 Advantages:
* Opportunity to make a substantial gift to the Church
* Charitable income tax deduction
* The Church can make immediate use of your gift
* Avoid capital gains tax
* Estate tax and probate savings