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Annual Giving Campaign 2008-2009

SAOPCS's goal is to continue a strong, competitive, Christ-centered Catholic educational program. To do this, we must keep this level of excellence affordable. The most significant contribution any of us can make to SAOPCS is to the Annual Fund. A healthy Annual Fund provides for the needs of our students in basic, yet essential, ways: state-of-the-art facilities designed to enhance learning, electronic teaching aids and other educational tools, and perhaps most importantly, highly qualified and skilled classroom instructors.

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Catholic School Plan

"We are actively discerning a vibrant vision for Catholic schools in the Archdiocese of Galveston-Houston. Our desired roadmap will ensure that Catholic elementary and secondary schools in our archdiocese are available, accessible and affordable

to parents who desire a Catholic education for their children." - Daniel Cardinal DiNardo

North Houston Catholic High School - A committee to form a North Catholic High School has been hard at work. They have recently received the approval from Cardinal DiNardo to purchase the land to begin building the school. The committee is hosting a free dinner on November 12 from 7-9pm at St. Edward Catholic School to discuss next steps and look for pledges and commitment from the local Catholic community.

Now You Can Make a Charitable Donation to Your Parish or to the Archdiocese of Galveston-Houston from Your IRA!!!
Congress has approved and the President signed legislation that includes the immediate and retroactive extension of the popular Pension Protection Act of 2006. The Pension Protection Act allows taxpayers over 70½ to make tax-free distributions from their traditional and Roth IRAs (Individual Retirement Accounts) directly to charity in 2008 and 2009.

Under the law, you can make a lifetime gift using funds from your individual retirement account (IRA) without undesirable tax effects. The legislation allows a maximum $100,000 gift in both the 2008 and 2009 tax years.

For more information or a copy of the brochure on “How to Make Charitable Gifts from your IRA” contact Michael Schillaci of the Archdiocese Development Department at 713-652-4418 or email him at mschillaci@archgh.org.

This information is not intended as legal, tax or investment advice. For such advice, please consult an attorney, tax professional or investment professional.

Gifts from 401K – the November 28, 2008 The Houston Chronicle carried a story of interest concerning record keeping of item donations to non-profits, i.e. clothing, furniture, vehicles, etc. The article states that good record keeping is important to verify value placed on gifts. Go to http://www.chron.com/disp/story.mpl/headline/metro/6136201.html to read more about this requirement. Or read the IRS Publication 526 on their website: http://www.irs.gov/pub/irs-pdf/p526.pdf.