Giving gifts of stock, other assets, or IRA funds
Our giving is a part of our participation in the body of Christ and the work of God’s kingdom at Grace Lutheran Church and School.
Most gifts to churches are gifts made by cash, check, or electronic funds transfer. But there are other ways to support Grace Church which may be financially advantageous to you as well as to the congregation.
The end of the tax year on December 31 is a particular time for considering an extra gift to Grace. In addition to outright gifts of cash, you might also consider a gift of stock, other assets or funds from an IRA, all of which may carry tax benefits.
For example, you might consider a gift of appreciated assets. Gifts from IRAs of individuals 70½ or older may also be tax deductible. This can be helpful when taking your minimum distribution or greater for 2014.
To learn more about making a gift of assets to Grace Lutheran Church and School, please contact Lars Bostrom (708-366-6900; email@example.com). Contact your personal financial advisor for questions on tax and charitable implications of making a gift.