Stewardship Ministry - Ways to Give - Round Rock Presbyterian Church

Cash & Checks - Cash and checks are the most common way donations are received by the church. Our church sends out giving statements to ensure we are properly recording any gifts you have given.

Stock & Mutual Funds - It is possible to transfer stocks and mutual funds directly to the church. If this is done with securities that have been held for more than one year, the giver will be able to deduct the full fair market value of the securities and avoid paying any capital gain tax. If, however, the securities are sold first and then the proceeds are given to the church, the giver will still have to pay capital gain taxes to the I.R.S. A little planning in this area can help you take full advantage of the tax benefits allowed by the government. Please call the church office at 244-2152 on how to EASILY transfer stocks and mutual funds from your account to the church's account for the best tax advantage.

Personal Property (Gifts-in-kind) - Over the years, the church has been given computers, office furniture, furniture/furnishings, and more. We gratefully accept all gifts-in-kind that we can truly use, or we try to direct givers to other ministries that have specific needs. Gifts-in-kind can be a little more complicated due to I.R.S. regulations, but we will be happy to help you with the process. Please contact the church office (244-2152) to discuss any possible gift-in-kind donations. We will then determine if and how we can use the items and if you need assistance in having the items picked up or if you'll drop them off yourself.

Real Estate - In general, gifts of real estate have the same tax benefits as giving appreciated securities. If the property has been held for more than one year, the giver can typically take an income tax deduction for the full fair market value and avoid capital gain tax on the appreciated portion of the property. It is also possible that other benefits can include savings in estate taxes and avoiding probate. Please call the church office at 244-2152 about how to transfer real estate from your account to the church's account for the best tax advantage.

Life Insurance - Churches can benefit from life insurance policies. If the original purpose for a life insurance policy no longer exists, you can make the church the owner and beneficiary of the policy and receive a tax deduction. The deduction can be taken immediately and the amount of the contribution is typically the replacement value or cost basis of the policy.

Gift Annuities - Charitable gift annuities can be set up where the giver receives an immediate tax deduction on irrevocable gifts to the church, but will also receive fixed income payments from their gift for the rest of their life. Please call the church office at 244-2152 for more details or assistance.

Wills, Bequests & Estate Planning - A charitable gift can be given to the church through your will or other estate plans. Such a gift can be used to honor the Lord from the financial increase He has given you during your lifetime (Prov 3:9,10) and can benefit your church in wonderful ways. This type of gift can also be helpful to appropriately avoid estate taxes. If you choose to include the church in your will or estate plan, please let your attorney know the church's name and address. Further, please communicate to your attorney that the church is a 501(c )(3) organization incorporated in the state of Texas, and that our tax identification number is 74-2348704. If you have already included the church in your will, please let us know so that we can say "thank you." Don't forget that qualified retirement plans will be considered part of your estate at death, but if handled correctly they can also be deductible from the estate as charitable gifts. If you would like assistance from our church or denomination with estate planning, call the church at 244-2152.

Many of the ways to give mentioned above can be very effective if utilized correctly. If you do not know a qualified Christian CPA, financial planner, tax attorney or estate planner, to help with your financial plans and charitable giving goals, please contact the church office at 244-2152 to see if we can help you locate someone who can help you.