John P. McGonagle was a beloved long-time volunteer who named St. Francis House as a beneficiary of his IRA, to ensure that we can continue to provide life-changing services to Boston’s homeless and poor populations in the future.
When donors choose to leave a charitable bequest to St. Francis House – usually a fixed amount or percentage of their estate – they become members of our growing John P. McGonagle Legacy Society, a critical source of funding to meet immediate needs for our guests and secure our long-term sustainability as an organization.
Learn more about the Legacy Society through this fact sheet.
Making a planned gift or charitable bequest is not just for those who have wealth or financial expertise but for anyone who wishes to include St. Francis House in their personal legacy.
In addition to providing critical financial support for our work, your charitable bequest may also provide you financial benefits including tax savings, reduced capital gains and estate taxes, and release from financial management.
Your legacy gift may include:
- Cash or appreciated securities/stock
- Retirement accounts (IRA, 401K, 403B)
- Life Insurance
To learn more about how you can become a vital member of our Legacy Society, or to let us know if you have already made a provision for St. Francis House in your estate plans, please contact Senior Development Officer Claudia Haydon at firstname.lastname@example.org or 617-457-1060. We also encourage you to work closely with a financial advisor or estate attorney in determining your plans.
Most planned gifts are designated “for the general purposes of the organization at the discretion of its board”. This enables a charity to meet its most pressing needs, which can change over time. Since your request may not be realized for a number of years, we ask that you allow St. Francis House maximum flexibility for the use of your funds.
Our formal name is Saint Francis House, Inc. and our 501(c)(3) tax exempt number is 22-2519129.