"For where your treasure is, there your heart will be also."
Simply stated, financial gifts help fund the many important ministries of Carmel Presbyterian Church. The Elders and Finance Committee are committed to managing contributions with compassion, skill, and wisdom. Any financial gifts are greatly appreciated. Continue reading for a variety of giving options.
3 Ways to Give
GIVE CASH or CHECK
OTHER (Stocks, RMD, etc.)
If you prefer to set up a one-time or recurring contribution using a credit card or debit card there are two electronic giving options,
Givelify and PayPal.
**These work best when using a laptop or desktop computer. Download the mobile versions if you prefer to use your smartphone.
OTHER (Stocks, RMD, etc.)
Please consult your financial and legal advisor to determine the benefits of giving long-term (more than 12 months) appreciated stock to the church. There may be a significant savings for the donor who avoids paying capital gains tax while still receiving the charitable income tax deduction for the full fair market value of appreciated assets (including the profit). Stock donated to the church will immediately be sold to fund ministry needs. If interested, please contact Bob Spencer (email@example.com or 831-624-3878) to obtain the necessary transfer information including account number and DTC routing number. Please allow 1-2 weeks to complete the transfer and be sure to let us know who is donating the stock so we can properly record your contribution. Thank you.
Retirement Account - Required Minimum Distribution (RMD)
For those who have reached age 70½, the IRS requires you to start withdrawing from - and paying taxes on - most types of tax-advantaged retirement accounts on an annual basis. If you are an eligible account holder you may be able to avoid paying taxes on the RMD by donating this mandatory withdrawal directly to CPC, an option known as a Qualified Charitable Distribution (QCD).
You will not receive a charitable contribution credit from the church, but in many cases, it is more advantageous than personally taking the withdrawal and then donating it because it satisfies your RMD, without incurring the taxes that normally accompany a withdrawal. If interested, please consult your financial and legal advisor to learn more about this strategy.
**Contact Bob Spencer at firstname.lastname@example.org for more detailed information.
LOCAL FIRE RELIEF
Join us in supporting Valley Bible Fellowship in Cachagua (a church plant of Sanctuary Bible) as they help their community rebuild. Send a check to:
8340 Carmel Valley Road
Carmel, CA 93923