What shall we do with the treasure we’ve received in life? We believe that every household is called to give a faithful portion of their money to the Church. Here are two main reasons:
First, For the sake of our own souls. We are made in the image of God, and God is a giver. We see this most clearly in that God “gave his only Son, that whoever believes in him should not perish but have eternal life” (John 3:16). Giving is good for us, because by it we become like the One in whose image we were created and who gave Himself for our eternal life. Second, for the sake of the Christian community and cause. Giving to the Church directly supports and advances our Christian values and mission in a way that no other giving does, for uniquely in all the world, the one mission of the Church is to know and share the love of God in Jesus Christ.
*If you have any questions about the budget, please email Kim Banks or Father Ted
First, For the sake of our own souls. We are made in the image of God, and God is a giver. We see this most clearly in that God “gave his only Son, that whoever believes in him should not perish but have eternal life” (John 3:16). Giving is good for us, because by it we become like the One in whose image we were created and who gave Himself for our eternal life. Second, for the sake of the Christian community and cause. Giving to the Church directly supports and advances our Christian values and mission in a way that no other giving does, for uniquely in all the world, the one mission of the Church is to know and share the love of God in Jesus Christ.
*If you have any questions about the budget, please email Kim Banks or Father Ted
Giving at Christ Church
In addition to making an annual written pledge, there are various ways to support your church, including but not limited to:
Appreciated Stock – One way to make charitable contributions is to give shares of appreciated stock instead of cash. You can deduct the shares’ fair market value and avoid income tax on the capital gain, if held one year or more. The church then sells the shares and has money to use in their efforts. Most brokerage firms are equipped to handle this conveniently.
Charitable Contributions From Your IRA – If you are 70 1/2, you may make a distribution directly from your IRA to Christ Church and pay no taxes on the distribution. Be sure to ask your CPA to guide you through this process so that it is properly done.
Bequests – Bequests are the transfers of wealth that occur upon a donor’s death and that include transfers by means of a will or a trust. Bequest can take many different forms and I would be happy to talk to anyone that needs more information.
Glenn Gibbons, CPA
843.544.5600
Appreciated Stock – One way to make charitable contributions is to give shares of appreciated stock instead of cash. You can deduct the shares’ fair market value and avoid income tax on the capital gain, if held one year or more. The church then sells the shares and has money to use in their efforts. Most brokerage firms are equipped to handle this conveniently.
Charitable Contributions From Your IRA – If you are 70 1/2, you may make a distribution directly from your IRA to Christ Church and pay no taxes on the distribution. Be sure to ask your CPA to guide you through this process so that it is properly done.
Bequests – Bequests are the transfers of wealth that occur upon a donor’s death and that include transfers by means of a will or a trust. Bequest can take many different forms and I would be happy to talk to anyone that needs more information.
Glenn Gibbons, CPA
843.544.5600