How Can I Give?
Many in our church family have expressed the need to better understand the concept of giving to the work of the Lord. Toward this end, the Stewardship Committee designed a short series of questions and answers that address this issue.
In Romans 12:1 Paul writes . . .
I appeal to you therefore, brothers, by the mercies of God, to present your bodies as a living sacrifice, holy and acceptable to God, which is your spiritual worship.
All that we are and have is belongs to our Lord. This is summarized sometimes as our time, our talents and our money.
1. Bring your offering to church
This is the way many give. You can write a check or give cash. It is helpful if you use offering envelopes. If you do not have them and would like some call Pattie Lee 215-735-7688 or firstname.lastname@example.org and request them.
Please remember to designate your gift to:
- Church Ministry (salaries, utilities, insurance, etc.)
- Outreach (supporting our partners in the US and overseas)
- Building Improvement (major repairs and improvements)
- Deacons' Fund
- 2016 Capital Campiagn
- Easter Sacrificial Offering (ESO)
The budgeted proportions are:
- Church Ministry 64%
- Outreach 30%
- Building Improvement 6%
You can drop your gift in the offering plate or deposit it in one of the oak boxes near the doors of the sanctuary. Gifts deposited in the oak boxes will go to the Project of the Month unless otherwise designated.
2. Mail or deliver your check to the church
There may be times when it is more convenient for you to mail or deliver your gift to Tenth. Gifts are normally processed at the beginning of the week. At the end of the year, the envelope postmark will be used to date gifts. Mailing address: Attention: Phoebe Wu, Tenth Presbyterian Church, 1701 Delancey Street, Philadelphia, PA 19103-6714.
3. On-line giving
Secure on-line giving is available through Tenth.org. Follow the “GIVING” link at the top of the home page. Recurring and one time giving is available with the funds transferred directly from your bank account.
4. On-line bill payment
Your bill payment service, usually available through your bank, can process regular weekly or monthly gifts to Tenth in addition to one-time gifts. They will mail checks directly to: Attention: Phoebe Wu, Tenth Presbyterian Church, 1701 Delancey Street, Philadelphia, PA 19103-6714.
5. Employer matching gifts
Speak to your Human Resource Department and ask if matching gifts are available and how they work.
6. Gifts of stocks, bonds and mutual funds
You can save capital gains taxes and receive a charitable deduction for the full fair market value for gifts of stocks, bonds and mutual funds that have been held for more than twelve months and have appreciated in value. Please ask Patrick Canavan, Church Administrator, for details. 215-735-7688 Ext. 231 or email@example.com.
7. Charitable IRA rollover
The charitable IRA rollover is a special provision allowing certain donors to exclude from taxable income -- and count toward their required minimum distribution -- certain transfers of Individual Retirement Account (IRA) assets that are made directly to charities, including Tenth Presbyterian Church. Congress has been waiting until close to the end of the year to renew this option and, as of this writing, has passed no legislation to renew this option for tax year 2015.
8. Gift of appreciated real estate
Consider donating real estate that has appreciated in value or placing it in a trust and retaining the use of the property for life. There can be significant capital gains tax savings as well as a charitable deduction for the full fair market value of the property if it has been held for more than twelve months.
9. Gift of insurance
You can donate an existing insurance policy or name Tenth Presbyterian Church as a beneficiary to a new or existing policy.
10. Gifts in kind
Your gifts of building materials or supplies can be valuable toward specific projects. Please contact Patrick Canavan 215-735-7688 Ext. 231 for information.
11. Charitable gift annuity
A Charitable Gift Annuity is a gift vehicle that falls in the category of Planned Giving. A contract between a donor and Tenth Presbyterian Church whereby the donor transfers cash or property in exchange for a partial tax deduction and a lifetime stream of annual income. When the donor dies, Tenth keeps the gift. For more information email firstname.lastname@example.org.