“You will be enriched in every way to be generous in every way, which through us will produce thanksgiving to God”
—2 Corinthians 9:11
There are many ways to donate that not only support God’s work at St. Laurence but may also provide tax benefits for you.
Make a Grant from Your Donor Advised Fund
You can make a grant from your existing donor advised fund to St. Laurence Church. A donor advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting charitable organizations such as St. Laurence Church. When you contribute cash, securities, or other assets to a donor advised fund, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth, and you can recommend grants to virtually any IRS-qualified public charity, including St. Laurence.
Speak with your tax advisor to find out more.
Qualified Charitable Distributions from your IRA
A Qualified Charitable Distribution (QCD) is a tax-efficient way for individuals who are age 70 ½ or older to make gifts directly from their Individual Retirement Account (IRA). QCDs can count toward satisfying an individual’s Required Minimum Distribution (RMD) for the year, which is the minimum amount that an individual must withdraw from their IRA each year once they reach age 73.
Contact your financial advisor or IRA custodian to find out more.
Stock and Mutual Fund Giving
Did you know appreciated stocks, mutual funds, and bonds in a taxable investment portfolio can be transferred as gifts to support St. Laurence Church? Giving stocks (that you have held for more than one year) may provide a significant opportunity to avoid capital gains tax, receive a deduction at the full-market value of the securities, and simplify your giving.
Speak with your tax advisor to find out more.
Download our transfer instructions to make this simple but tax-wise gift.
Wills, Trusts and Annuities
Consider including us in your will, trust or estate plan. By including a bequest to St. Laurence Church in your estate plan, you can leave a lasting legacy that will help sustain our ministries for years to come. Common gifted assets are: Financial accounts, Real estate, Vehicles, Brokerage accounts, Crypto and NFTs, and Personal property.
Speak with your estate planner to find out more.