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Los Altos United Methodist Church

Connection. Compassion. Courage. So All May Flourish.

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TWO WAYS TO GIVE TO THE CHURCH that might also provide tax benefits As we seek to close the shortfall in contributions heading into the end of the calendar year, here are two ways to give to the Church that might also have tax benefits. Advanced Giving: Advanced Giving involves making contributions to your church ahead of time, typically in advance of when you would normally do so. By doing this, you can potentially take advantage of tax benefits sooner and provide your church with a more predictable and stable source of income. Through the month of December, our LAUMC Donation portal has an Advanced Giving category that can be used for such donations. Contribution Directly your Required Minimum Distribution (IRA or 401K): By contributing directly the Required Minimum Distribution (RMD) of an IRA or 401K to the church or a charitable organization, the amount donated may be excluded from your taxable income, providing a significant tax benefit. Consult with your financial advisor to explore the tax benefits of contributing your RMD in this manner.

Giving to LAUMC: Tax Benefits

Category: All Church Give

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