Header Image

Ways to Give to New Covenant Church

Check

One of the most common ways is by check. Contribution envelopes are available in the pews. They can be dropped in the offering plate or mailed to the church office. Contributions by check are automatically credited to your giving record, and a statement is sent to you in January, listing each of the contributions made in the prior calendar year.

Cash

Sometimes cash is given, and if it is enclosed in a contribution envelope with your name on it, it will also be credited to your giving record.

Online

More and more individuals are choosing the electronic method of making contributions online, just like they are paying more of their bills online. With the security of your information of highest importance, you can rely upon our online giving site to set up a one-time, or recurring gift of whatever amount you choose, and however often you choose. You are in complete control of the amount and timing of your donations. If you give with an electronic check, the church receives 100% of your donation. If you give through credit card, the church receives about 97% of your donation with the remainder paid as bank fees.

ACH

Giving through the automated clearing house means setting up a recurring gift at your bank. Your bank transfers a pre-arranged set amount of money at a pre-arranged time each month and sends it electronically or by paper check to New Covenant Church. The church receives 100% of your donation.

Stocks, Mutual Funds or Other Securities*

There are a number of reasons to donate securities (stocks or mutual funds) which have grown in value since the time you acquired them. You may donate them directly to New Covenant Church by transferring them from your broker to the church’s broker, which may give you a tax advantage because New Covenant Church is a 501(c)(3) non-profit organization. There may also be small numbers of shares you own that you would rather move out of your portfolio, but would prefer not to handle all of the paperwork involved. New Covenant Church is pleased to be able to expedite those transactions for you. Please contact Brad Dennison, Building & Finance Committee Chair for specific instructions.

Life Insurance*

You can include New Covenant Church as a partial or full beneficiary of life insurance that you own.

Individual Retirement Account (IRA)*

According to the tax law, distributions from an IRA to New Covenant Church are tax free. This is limited to IRAs for people 70 ½ years old and above, and is only for Traditional IRAs. Inherited IRAs, SEP IRAs, 401Ks, and 403Bs are not eligible. Since IRA distributions are taxed as ordinary income, and IRA owners are required to take distributions after turning 70 ½, this can save a considerable amount of tax. Each tax situation is different and NCC is not in the tax advice business, but it is something to consider.

Gifts through your Will*

Many people work with an estate attorney to write a Will and/or a Revocable Trust, citing what part of their estate they wish to be given at their death. New Covenant Church would count it a privilege for you to remember us as one of the beneficiaries of your estate. Monies given to New Covenant Church as a non-profit may save estate and inheritance taxes on the amount designated.

Memorial Gifts

You may request that gifts from others in memory of you at your death be made to New Covenant Church. Likewise, you may give to New Covenant Church gifts in honor of a loved one who has passed away, whether they attended the church or not. It is just one more way of making your gifts count toward Kingdom Work.


* This is general information. Please consult with your accountant or tax advisor for details for your personal situation.