Season of Generosity!
This month Robert Stein, Trinity Baptist Church’s Finance Manager, has written an excellent column on generosity. Please feel free to contact Robert or myself throughout the year to answer any questions.
The holidays are a time that we receive and give generously! We are shown generosity through our family, friends, church, and most importantly by the grace and hope our heavenly father has provided for us. Everything we own, everything we have comes from God. When we give, we simply offer him a very small portion of all the abundance he has already given to us. Giving is an expression of our thankfulness and praise to God! It comes from a heart of worship. For everything we give already belongs to him!
What better way to celebrate the birth of Jesus Christ than to give to the Church so that we can continue to share the word of God with our community! Through your gift, the word of the Lord is preached, people’s lives are touched, people are fed, shelters for orphans are built, new churches are planted and we are able to fulfill our goals we adopted during our annual meeting when we approved our Ministry Plan for 2015 and 2016.
The church offers many different ways we can give, below are the most popular:
• Cash & Checks given during service and/or mailed directly to the church.
• ACH and/or Credit Card Payments made through online giving at www.trinitybaptist.org.
• Stock Gifts:
Stocks or other investments that have grown in value and that you have held for more than one year can become a substantial gift made at a low net cost to you. You receive a charitable deduction for the donation of these assets, and it’s based on their fair market value on the date of the gift. But there’s a bonus– you avoid all federal capital gains tax that would otherwise be due on a sale of the assets.
If you are like most of us, you own securities worth less now than when you purchased them, sell them and contribute the proceeds. Then you can take a capital loss on your tax return, subject to certain limitations, and a charitable deduction for the gift of the proceeds.
The church has its own brokerage account and all transactions can be accommodated electronically, without actual stock certificates changing hands.
• Estate Planning
• Real Estate
Because all gifts to the church are subject to IRS deadlines, please remember that all year-end gifts must be received in the church office before midnight on December 31, 2015, or must be postmarked before the end of December to be deducted in the present tax year. Any gifts received after December 31 and not postmarked in December will be included in the next tax year. The date written on a check will not determine which tax year a gift is included. Only the actual date of receipt by the church or the postmark will establish the correct tax year for the IRS.
The offices will be closed for the holidays from December 24th to January 1st. If you wish to drop off a gift during this time, please use the mail slot outside of the reception area.
God Bless Everyone and I hope you have a Very Merry Christmas!