Regardless of how you give, we are so thankful for you being on mission with us here at Traders Point. We are only able to do what we do because of your generosity. As God leads us into 2025, we want to give Him our first and best as we choose to put Him above all else. We believe God wants to do more in us and through us than ever before.
We realize these year-end giving tips aren't applicable to everyone at Traders Point. However, we hope informing you of these tax benefits will help you make the most of your giving as we advance the kingdom through the Awaken initiative.
- Make sure all checks are postmarked by December 31 and that they are mailed to Traders Point Christian Church, P.O. Box 5100, Zionsville, Indiana 46077. (Please note, the office will be closed December 25th – January 2nd.)
- An alternative method to enhance your giving while optimizing tax efficiency is by donating stocks or other marketable securities. This approach allows you to leverage your investments, providing both an opportunity to maximize your charitable impact and benefit from a tax advantage by avoiding the capital gains tax on your long-term investment while receiving a full charitable deduction! If you are interested in the option of making a stock donation, click here.
- Are you 70 ½ or older? If so, you may want to consider giving through a QCD (qualified charitable distribution). A QCD is a direct transfer of funds from your IRA custodian, payable to the charitable organization of your choice. QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met. In addition to the benefits of giving charitably, a QCD excludes the amount donated from taxable income, which is unlike regular withdrawals from an IRA. If you want to learn more about how to make a gift through a QCD, please e-mail our Finance Team at giving@tpcc.org.
All of this is merely for informational purposes and is not to be considered financial advice. For more specific insight on your particular situation, we encourage you to consult your tax or financial advisor.
As the year comes to an end, we are thankful for what God has done in 2024 and are expectant of what's to come in 2025.