Non-Cash Ways to Give 

• Marketable Securities - Transfer ownership of stocks, bonds, or mutual fund shares
  You may qualify for a year end deduction of “up to” the full market value of the gift as of the end of the day the gift is given. Additionally, you should be able to avoid being taxed on any short-term or long-term capital gains, which would have been in effect if, instead, you sold the security. Please be mindful to consult with your accountant or financial advisor as to the effect such a gift will have on you.
  There are two steps needed to give marketable securities to Grace Church Perrysburg:

  • Step 1: Initiate the Transfer 
    You and your broker can electronically initiate the transfer of shares to the Grace Church Perrysburg brokerage account. Use the following information to deliver your securities: 

    • Brokerage: Raymond James / attn: Karen Irwin 
      Address: 213 Louisiana Ave, Perrysburg, OH 43551 
      Phone: 419-873- 1400 
      Church Account Name: Grace Church Perrysburg Inc. 
      DTC #: 0725 
      Fund Account #: 347DP468 
       

  • Step 2: Notify Grace Church 
    In order for your contribution to be attributed to the correct fund, notify Corinne Allison in the office of this information to help us serve you better. Please provide the following information by email, mail, or phone: 
    • Donor’s full name and address 
    • Name and number of securities transferred 
    • Date of Transfer 
    • Name of Fund that the securities will be designated to (i.e. General Fund) 
     

• Planned Gifts - Giving retirement assets, bequests, trusts, etc.
  There are several types of gifts that may fall under this category, many of which are very simple to make. We again highly recommend that you consult an appropriate financial, tax or legal advisor when making these changes.
  
  Planned gifts include: 

  • Life Insurance: you can simply name Grace Church Perrysburg as a beneficiary. 

  • Retirement Assets: you can name Grace Church Perrysburg as a beneficiary of your IRA, 401(k), or other qualified retirement plan. 

  • Bequests: you can name Grace Church Perrysburg in your will as a beneficiary, and your estate will receive an income tax deduction for the value of your bequest. A bequest written in a will can be made for either a percentage or an amount. 

• If you interested in any of these ways to give, please contact either Corinne Allison or Pastors Dan or Grace at office@gracechurchperrysburg.com 
   

• QCD (Qualified Charitable Donations) 
  QCDs only apply to IRA owners and beneficiaries (it applies to inherited IRAs as well) who are 72 years old or older. The provision doesn’t apply to distributions from company plans like 401(k)’s or 403(b)’s. 
  
  If you have an IRA (or inherited IRA), are 70½ years old or older and subject to required minimum distributions (RMDs), you can make their donations directly from your IRA to the church. It must be a direct transfer to the church, but a check from the IRA made out to the church will also qualify. You can make up to $100,000 in annual IRA donations. 
  
  What’s the benefit? QCD gifts save on taxes. How? The transfer from the IRA to the church is excluded from income and also qualifies as part of your annual IRA Required Minimum Distribution, up to the amount transferred. There is no charitable deduction because that would be double-dipping, but the exclusion from income lowers AGI. That can trigger tax savings in many other income-based areas, such as itemized deductions, personal exemptions and even cutting Medicare premiums and the tax on Social Security benefits. This isn’t about giving more money to the church to get a better tax deduction. This is about paying less tax when giving the same amount to church. Please talk to your financial advisor for assistance.