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Year-end Financial Information / Donations

As the end of 2018 approaches, here are a few things you should be aware of regarding your St. Francis Borgia charitable donations. These guidelines correspond to IRS regulations which stipulate that there is no donor “election” as to which calendar year the donation applies.

  • Any donations physically received at the parish office before noon on Monday, Dec. 31, 2018 will be credited to your 2018 contributions.
  • All donations received by US Mail after Monday, Dec. 31, but postmarked Dec. 31 or earlier, will also be credited to your 2018 contributions. The only exception to this would be if the check is dated for 2019.
  • In the case of stock transfers, the donation date is the date you (donor) relinquish control of the stock, not the date that St. Francis (organization) receives it.

If you are planning a donation that you wish to be credited for 2018, the sooner you can accomplish this, the less stress you’ll have those last few days of the year. Please note, the parish office will be closing at noon on Monday, Dec. 24 and will be closed Tuesday, Dec. 25; Wednesday, Dec. 26 and Tuesday, Jan. 1.

Year-end contribution statements reflecting your 2018 donation will be sent no later than Jan. 31, 2019. Should you have any questions about your donations, please contact Jennifer Justman, parish accountant, at the parish office at 262-377-1070.