Mike and Mary Terry

Mary and Mike Terry have been selected as the 32nd Catholic Foundation Award honorees in recognition of their philanthropic leadership and commitment to the Catholic community. The Terrys will be honored during The Catholic Foundation Award Dinner on Friday, Feb.7, 2014 at the Hilton Anatole.

Each year, The Catholic Foundation honors a deserving individual or couple for their distinguished service and support of the Dallas-area Catholic community. The Catholic Foundation Award Dinner also brings the community together to honor the spirit of Catholic philanthropy.

Invitations have been mailed or you can register online. For more information about the 2014 Catholic Foundation Award Dinner contact Linda Scheets at 972-661-9792.

Planned giving is a way to integrate your charitable, financial and estate planning goals, and may provide you with tax and income benefits while helping The Catholic Foundation further its mission.

Here are some of the most common planned gifts you can make:

BEQUEST: Your Will may include a gift of a specific asset, a dollar amount or a percentage of your estate to charity.

CHARITABLE GIFT ANNUITIES AND CHARITABLE REMAINDER TRUSTS: These plans can provide you with lifetime income, a charitable income tax deduction and leave a nice gift to charity. If you own appreciated assets such as stock or real estate, we can help you sell those assets tax free.

LIFE ESTATE: You can make a tax deductible gift of your home and remain living in it for your lifetime. There are additional real estate sale strategies that can provide you with cash, a charitable deduction and even income.