Another Creative Way to Give!
If you do a lot of shopping online, join umcmarket.org and choose "Williamson's Chapel Mooresville" as your church/organization. Then, shop one of the hundreds of stores through this gateway website to have a percentage of your purchases at participating stores automatically donated to our church. It is easy, free, and is a great way to donate to the church through online shopping.
How to Give
All giving is in response to God who is the greatest of all givers. Here at Williamson's Chapel, people can support the work of the church by giving in a variety of ways (see below). Many find that online giving meets their needs, while others prefer to place a check or cash in the offering plate on Sunday mornings. Setting up a recurring gift or automatic draft is today's way of giving the first fruits which we read about so often in the scriptures. No matter how you give, please remember that you do not give to the church. Instead, you give to God through the church to help accomplish God's purposes in our world today.
Ways to Give
• You can schedule weekly, monthly, quarterly, or annual contributions through your online financial institution Bill Pay option, and your check will be mailed directly to us based on the schedule you establish. Please use the following mailing address:
Williamson's Chapel UMC, 575 Brawley School Rd., Mooresville NC 28117
• You can also set up recurring donations through our CCB system, using your CCB Login, by authorizing a scheduled auto-draft from your bank account or credit card. If you wish to set up a login account in CCB, you can follow the CCB link on the website to request a login, or you can contact Libra Pitts for assistance.
• You can donate cash by placing it in the offering plate on Sunday. If you wish for your donation to be included on your giving statement, please place cash into an offering envelope, and be sure to include both your First and Last Name on the envelope. If you are new to Williamson's Chapel, please also include your mailing address on the envelope.
• You can donate by writing a check payable to WCUMC, and either place it in the offering plate on Sunday, drop it off at the Church Office, or mail it to us. Please use the following mailing address:
Williamson's Chapel UMC, 575 Brawley School Rd., Mooresville, NC 28117
Your IRA Required Minimum Distribution – How to Make the Most of It
If you are 70½ and older, and you are required to take a minimum distribution from your IRA, you may want to consider making a Qualified Charitable Distribution. The current tax laws allows individuals to make IRA distributions payable directly to a qualified charity, such as Williamsons Chapel, without treating the distribution as taxable income to the individual. If you must take a Required Minimum Distribution, but don’t need the entire amount, please consider gifting it to the Church as part of your annual support. This would potentially save you in taxes and would certainly benefit the church.
Please note that a Qualified Charitable Distribution is different than taking your Required Minimum Distribution, and then making a personal contribution to the church with the proceeds (this triggers an income taxable event for you). Under the Qualified Charitable Distribution rules, the distribution amount, up to $100,000, is not reported as income, which lowers your adjusted gross income, which has several possible tax advantages. To qualify for this income tax provision, you must have your IRA custodian send the distribution directly to Williamson’s Chapel; it cannot pass through your hands or it will trigger an income taxable event for you.
And it is important to note that the amount distributed to the charity is not limited to the Required Minimum Distribution amount for the year, nor does the entire Required Minimum Distribution need to be gifted under a Qualified Charitable Distribution. You are able to gift a portion of the Required Minimum Distribution, and then receive the remaining portion for your personal use.
If you have questions about how to execute this gift transaction, please contact Susan Cothern at the United Methodist Foundation of Western North Carolina at (888) 450-1956 ext. 1507 or email her at email@example.com and / or contact your personal income tax or financial advisor to help you through the process.
IMPORTANT TO REMEMBER: (1) it cannot pass through your hands or it will be treated as taxable income, and (2) when you gift it directly to the church, you cannot include the amount in your itemized deduction by claiming it as a charitable contribution (since you are not being taxed on the income).
• You can establish a Charitable Remainder Trust or a Donor Advised Fund (DAF). Please contact your financial advisor to determine how to do this.
• You may be able to initiate giving through your employer's payroll deduction program for charitable gifts. Please contact your employer's payroll department to determine how to do this.
• Your employer may also have a matching gift program where they may match part, or all of your gifts to Williamson's Chapel. Please contact your employer's payroll department and inquire about their matching gift program.
Donating assets such as stocks, certain bonds, or mutual funds are always welcomed. Please contact our financial administrator for more information about how to transfer these types of assets to WCUMC.
Giving in the future is also a wonderful way to ensure the ministries of the church have the resources needed by giving through wills, estates, and trusts. Please contact your estate planner for more information on how you can provide for future ministry needs through this type of gift.
Year-End Tax Deductible Contributions
As the end of the calendar year approaches, many of you will choose to make last minute contributions. Please note, if you wish to claim a contribution as a deduction in the current tax year, the IRS requires the contribution to be effectively received by December 31, by midnight. Effective receipt occurs either when a contribution is physically received at the church by that time, or when a contribution is dated, mailed, and post-marked in December, but received by the church in January.
For those who prefer to make cash contributions, to ensure your contribution is properly credited, please remember to put your full name (first & last name) on the offering envelope. We have many families with the same last name, so it is impossible to know which family the cash contribution should be credited to when only the last name is provided.
Mailing Address Update
To help us as we prepare for the mailing of giving statements (your tax record of giving), if you have moved during the year, please call the church office at 704-664-3680, or access your account on Church Community Builder (CCB), to update your mailing address.
If you have questions about a contribution, please contact our Financial Administrator, Linda Thyne at firstname.lastname@example.org, or 704-664-3680 x223.