Great Ideas for Year-End Generosity
As you plan year-end giving, consider these great ideas: 1) Appreciated stock makes an excellent gift because long-term gains are not taxed, and the gift is generally deductible from income tax. Learn more. 2) IRA giving: If you’re over 70 ½, give from your IRA without having to pay income tax on the contribution. This can help satisfy your Required Minimum Distribution. Note: Please consult with your financial adviser before you take action. 3) Checks or online contributions are easy and may be eligible for a federal tax deduction. Donate here. Contact Kienan Mick, Accounting Manager, at 612-332-3421, if you would like to make arrangements with Westminster.
Annual Pledge or Gift
Consistent with the philosophy that current members support current needs, annual pledge or gift income provides 75% of the revenue for the annual budget. Westminster invites all members to make regular commitments to the church by pledging each year, allowing the church to plan and manage most effectively. You are invited to consider taking steps toward the biblical tithe (10% of income) and/or, to begin a regular ‘generosity practice’ by automating your monthly pledge payments. Make a pledge OR an online contribution.
Major gifts are usually made in response to a special project or campaign, for example, the 150th Anniversary Campaign (which expanded mission, restored the chapel and other spaces, and strengthened the endowment), and the current the Open Doors Open Futures Capital Campaign.
The Paccard Bell Foundry, in Annecy, France, will forge a six-bell peal for Westminster. The bells will be installed in early 2020. For churches, bells evoke the divine, summon people to worship, and send them forth. Bells speak to individuals, churches and communities; they endure through time and speak to resilience and permanence. By adding bells to its tower, Westminster will make a significant liturgical and civic contribution, and extend its Telling Presence. Learn more and donate here.
Many members and friends of Westminster extend their financial support in perpetuity to future generations through a Legacy Gift in their wills, trusts, or estate plans, or with other types of life income or outright gifts. Because of Legacy Gifts, Westminster’s ability to fulfill its mission is greatly enhanced. Learn more.