A Reminder About Year-End Giving
First, we would like to thank you for your generosity in 2019. Through your gifts, we support annual operations and enrich ministry programs such as missions, youth, music, discipleship and community outreach. We ask that you prayerfully and faithfully continue to give and meet your 2019 pledge which helps the church meet its 2019 budgetary needs.
Please also remember that you can make a gift (stock, mutual funds, etc.) to SGUMC and
- avoid all broker commissions/fees;
- avoid all capital gains taxes;
- take the full market value of the security as a 2019 tax donation (regardless of what you may have originally paid for it);
- benefit SGUMC with the full market value of the security(s).
- possibly satisfy your 2019 Required Minimum Distribution (RMD) if you are over age 70½. Direct transfers of RMDs up to $100,000 are not reported as income.
- fulfill some/all of your 2020 pledge and record it as a 2019 deduction.
As this year quickly comes to a close, please be sure to submit your contributions for the calendar year to the church office by December 31, 2019. All contributions must be received or postmarked by December 31 to be tax deductible as a charitable contribution in the tax year 2019.
Also to ensure the deductibility of your church contribution, please do not file your 2019 income tax return until you have received your 2019 contribution statement from the church in January 2020. If you file your tax return before receiving your contribution statement from the church, you may risk losing the deduction for your contributions. Questions? Contact Pam Sweeney at 360-2600, ext. 123 or EMAIL.
Monthly Finance Committee Report
Do you shop at Amazon? Did you know that Amazon has a program that gives 0.5% of eligible purchases back to non-profits in the form of a rebate?
To take advantage of this program, simply start your shopping at Amazon Smile. Log in to your Amazon account as you normally do.
Search for the Amazon Smile account labeled, Shady Grove United Methodist Church. You’ll see other churches with the same name, so be sure to select the option in Glen Allen , VA. Once selected, this setting remains with your account. You won’t need to go through this setup process again. For all future Amazon shopping, just be sure to start by going to Amazon Smile to login to your account
This is not an endorsement of Amazon by the finance committee. This is a means for those interested to provide additional support to the general fund and ministries at SGUMC.