Other Ways to Give

Other Ways to Give

Scheduled Automatic Payment Directed IRA RMDs
By Mail Wills and Revocable Trusts
Endowments Named Beneficiary
Donating Appreciated Stock

Scheduled Automatic Payment

Most local banks offer automatic payment services, which allow you to schedule payments to the Church from your checking or savings account.  Contact the Treasurer’s Office for the Church’s account information.

By Mail

You can mail checks with your gifts or pledges to:

First Congregational Church of Blue Hill
Attn: Treasurer’s Office
PO Box 444
Blue Hill, ME 04614

Endowments

You may wish to add to the Church’s existing endowment which supports its annual operating expenses.  Alternatively, you may wish to create your own named endowment for general or specific purposes.  You might stipulate that a portion of the income be used for certain purposes during your lifetime so you can see your investment at work.  You and other family members could add to your named endowment fund over the years and even donate additional funds through your wills.

Donating Appreciated Stock

When selling stock, typically you will have to pay a capital gains tax, which could be significant depending on the amount of appreciation. But if you donate the stocks directly to the Church, you avoid the capital gains tax.  Plus, you can take the fair market value of the stocks as a charitable contribution on your income tax return.

Directed IRA RMDs

If you are 70 ½ years or older, you can transfer your IRA Required Minimum Distribution directly to the church tax-free.  Distributed amounts may be excluded from your income, resulting in lower taxable income.

Wills & Revocable Trusts

You may wish to name the Church as a beneficiary in your will or revocable trust.  There are many possible ways to structure this: You might designate a particular sum of money or asset, or leave the Church a percentage of your residuary estate after payment of debts and specific gifts.

Named Beneficiary

You might consider naming the Church as the beneficiary of an IRA, investment account, or insurance policy.

We would be very happy to meet with you to review which of these gifting strategies might be most suitable for you.  You should ultimately consult with your estate planning attorney and/or financial advisor when contemplating any significant charitable gift.