Posts

Resources for Processing IRA Charitable Distributions – Encouraging Word – July 2018

Resources for Processing IRA Charitable Distributions

WELS members looking to authorize a gift to the Lord’s work through their IRAs, and congregations needing a template to acknowledge an IRA qualified charitable distribution, can find these resources at wels.net/qcd. The page also shares articles for promoting this giving opportunity.

Anybody 70.5 years or older can transfer up to $100,000 per year to charity free from federal and potentially state income tax. Those who don’t need the required minimum distributions from their IRA might consider directing those to ministry to save on taxes, then using the cash that would have gone to charity for other needs.

Contact your local WELS Christian giving counselor for free assistance.

Helpful Hint – Encouraging Word – July 2017

Practical Ways to Encourage Giving

“If you want to counter the trend of donors giving less, do two things when your donor gives:

  1. Thank them, and thank them again and again.
  2. Provide proof that their gift made a difference.

Believe me, donors who are appreciated and shown that they are making a difference will be around for a long time. And that is good for them, for you, and the organization you serve.”

Perry, Richard. “Why Donors Are Giving Less.” Passionate Giving Blog. Veritus Group. March 1, 2017.