The IRA Gift (QCD)
Welcome to St Paul's United Methodist Church, a beacon of hope and a pillar of our community. We believe in the power of faith and the impact it can have on society. Through our various programs and initiatives, we strive to make a positive difference in the lives of those around us. One way you can support our mission is through an IRA gift using the Qualified Charitable Distribution (QCD) option.
What is an IRA Gift (QCD)?
An IRA gift, also known as a Qualified Charitable Distribution (QCD), is a powerful philanthropic tool that allows you to donate funds from your Individual Retirement Account (IRA) directly to St Paul's United Methodist Church. By utilizing this option, you can make a significant impact while also enjoying potential tax advantages.
The Benefits of an IRA Gift (QCD)
There are several key benefits to consider when making an IRA gift (QCD) to St Paul's United Methodist Church:
- Tax Efficiency: When you make an IRA gift (QCD), the distribution directly benefits our church and is excluded from your taxable income. This can result in potential tax savings, allowing you to maximize the impact of your donation.
- Supporting Our Mission: Your IRA gift (QCD) helps us further our mission of spreading love, hope, and compassion within our community. By supporting St Paul's United Methodist Church, you join us in making a tangible difference towards building a better society.
- Honoring Your Faith: As a faith-based organization, St Paul's United Methodist Church believes in the power of giving. An IRA gift (QCD) allows you to align your financial resources with your deeply held beliefs, making a spiritual impact alongside the practical benefits.
How to Make an IRA Gift (QCD)
Making an IRA gift (QCD) to St Paul's United Methodist Church is a straightforward process:
- Consult with Your Financial Advisor: Before making any financial decisions, it is recommended to consult with your financial advisor or tax professional. They can provide personalized guidance based on your specific circumstances.
- Confirm Eligibility: Ensure that you meet the eligibility requirements for making an IRA gift (QCD). Individuals who are 70 ½ years old or older can take advantage of this option.
- Contact Your IRA Provider: Reach out to your IRA provider to initiate the process of making a QCD. They will guide you through the necessary steps and provide the required forms.
- Designate St Paul's United Methodist Church: When completing the paperwork, be sure to designate St Paul's United Methodist Church as the recipient of your IRA gift (QCD). Include our official name and address to ensure the funds are properly directed to our organization.
- Notify Us: We appreciate your generosity and would love the opportunity to express our gratitude. Please let us know about your IRA gift (QCD) so that we can acknowledge your support and keep you updated on the impact of your donation.
Your Impact Matters
By choosing to support St Paul's United Methodist Church through an IRA gift (QCD), you play an integral role in strengthening our community's fabric. Your contribution enables us to continue providing essential services, outreach programs, and support to those in need.
We are grateful for your partnership and commitment to our shared values. Together, we can make a lasting difference in the lives of individuals and families who benefit from the work we do.
Join Us Today!
Are you ready to make a difference through an IRA gift (QCD)? Contact your financial advisor and IRA provider to explore this impactful giving option. Together, we can create a brighter future for our community and society as a whole.
Thank you for considering St Paul's United Methodist Church as your trusted partner in philanthropy. Your support means the world to us, and we look forward to collaborating with you on this remarkable journey.
