The IRA charitable rollover is back for 2012 and 2013.
Donors age 70 1/2 or older are once again eligible to move up to $100,000 from their IRAs directly to qualified charities without having to pay income taxes on the money. Congress recognized the issues with a late extension and provided two special transition rules:
1) Qualified distributions made by February 1, 2013, may be counted retroactively for the 2012 tax year.
2) A taxpayer who took a distribution from an IRA in December 2012, may make a contribution to a qualified charity before February 1, 2013, and treat this as a direct transfer.
*please check with your tax preparer for more information.
As members of the community of All Saints, and as Christians, we give of our time, talents, and financial resources to enable the magnificent and life-changing offerings of our church. We are called to worship, to ministry, and to stewardship.
Through the annual financial support of our members, All Saints is able to present dynamic programs and activities that enrich and transform lives: a wide range of worship services, children and youth programs, adult education, spiritual guidance, small group activities, ministries, and personal interaction. Quite simply, there is no place on earth like All Saints Church for putting grace into action.
We steward these activities through purposeful decisions on how to best serve our community and the world to achieve peace and justice and spread our mission of love.
There are three dimensions of stewardship at All Saints.
Ordinary stewardship (which is anything but ordinary!): We believe that stewardship is a part of our spiritual journey and our relationship with God. We also believe strongly that our standard of giving should reflect our standard of living. We ask each parishioner to consider making a pledge that is both responsible and significant based on his or her financial situation. A Tithe (10% of your income) has long been held as the standard of Christian giving. For most it is a goal to be reached through incremental increased each year. At All Saints every pledge, no matter what amount makes a valued contribution to our mission and ministry.
Extraordinary stewardship involves special occasions that call us to give beyond our ordinary habit, such as a capital campaign.
Heritage stewardship is the opportunity to leave a planned gift that is both a legacy to generations to come and a witness to those whom we hold most dear.
PLEDGING: A pledge means “to offer or guarantee by a solemn binding promise.” Each year, we renew our commitment to one another and the ministry of All Saints Church by making a financial commitment. Each pledge makes a difference and works toward the building of our faith community. A pledge may be changed as needed throughout the year by calling the stewardship office. Fill out a pledge form.
Why is my annual pledge important? Annual pledges support everything we do and are at All Saints Church—from paying salaries to supporting our outreach ministries to making possible our liturgical and music offerings. In order to know what we can do each year, we need to receive pledge commitments on which to develop the budget.
How much should I give with an annual pledge? We ask each parishioner to consider making a pledge that is both responsible and significant based on his or her financial situation. At All Saints Church, the tithe (10%) is held up as the Christian standard of giving.
When should I pledge? We ask everyone to make a pledge on Pledge Sunday (usually in late October) by bringing a pledge card to church or mailing it, as this helps us establish our budget for the upcoming year. However, pledges are welcome throughout the year.
Do I have to pay when I pledge? A pledge is simply a promise to pay. You may fulfill your pledge in as many payments as you wish throughout the year. Pledges are to be fulfilled on a calendar year basis, beginning January 1.
How can I pledge when I don’t know what I can afford this year? A pledge can be adjusted during the year if your circumstances change. We suggest that you pledge responsibly, based on your best estimate of the year’s income.