Time, Talent & Treasure 2010 - 2011
Beginning this year, our annual Time, Talent and Treasure sign-ups will be moved to the Fall. The Stewardship Commission has recommended this change which will interlace our parish stewardship renewal with the season of Thanksgiving.
New ministries and pledges will then begin with the new year. Thank you for embracing this change and making any necessary adjustments within each parish ministry.
Tithing makes our ministries possible...
Each week Nativity parishioners present their tithes as an expression of faith. As we look to our parish goals and budgets for the fiscal year, 2009-2010, we can look at the amazing things God has accomplished with our financial gifts this year. We anticipate that, even in times of economic uncertainty, when we make a commitment to invest in God’s work through our parish and ministries, God will use our gifts to change lives in our parish, our community and our world.
Take a look at where the gifts we return to God go...
How our parish operates...
Consider your personal housing expenses and you can get an idea of what it takes to keep the doors of Nativity open. Our financial resources not only keep the lights burning, the grass mowed and the buildings secure, but more importantly make possible:
*More than 900 Masses last year
*More than 25 weddings, 40 funerals and 52 Baptisms last year
*More than 100 sick calls
*Instruction for 340 religious education students and 485 Nativity School students
*Confirmation of 130 children
*Countless spiritual formation opportunities through various Bible studies and Nativity organizations and ministries
How can I serve and support?
Nativity parishioners spend thousands of hours volunteering at our parish and in the community. You can assist our mission by:
*
Volunteering - Volunteers served 4,622 meals at St. Mary’s Food Kitchen in 2008
*Contributing - Parishioners donated 2,297 bags of food during our Fair Share Food Drives in 2008
*Participating in a ministry - Nativity offers more than 60 ministries and groups for you to get involved with
How can I give?
*Tithe 5% of your income
*Complete and return your pledge card.
*In-kind gifts
Offering of services, office equipment, etc. are always welcome and appreciated...
*IRA transfers
Tax-free distributions
Must be 70.5 years old
All charitable distributions count toward required minimum distributions
*Stocks
Publicly traded or closely-held stocks owned for more than one year are appreciated
assets
You can receive an immediate income tax deduction for current market value
You may avoid paying capital gains tax on the gift
Remember Nativity in your will
Gifts of Appreciated Stock
There are many advantages to donating closely-held stocks and mutual funds as a method of tithing to the Church of Nativity. If you have owned publicly traded or closely-held stocks for “more than one year,” they are considered appreciated assets and can be transferred directly to the Church of Nativity. In return, you as the donor can receive an immediate income tax deduction for the current fair market value of the stock no matter what you originally paid for it. In addition, you avoid paying capital gains tax on the gift.
The maximum deduction you may take within a given tax year is 30 percent of your adjusted gross income. If you are unable to take the entire deduction in one year, you may carry the excess deduction forward for five additional years.
To complete the transfer of a gift of stock to the Church, the stock must be transferred (not sold) to Nativity’s brokerage account. To insure proper posting and crediting of the stock transfer gift, it is very important for donors to contact the parish office at 913.491.5017 in advance.
Individual Retirement Accounts
Under law effective January 1, 2010, the IRS no longer offers IRA owners the opportunity to make charitable contributions tax-free directly from your IRA. But IRA owners can still make charitable contributions directly from their IRA account – with the exception donors must first count the distribution from your IRA as income, and then account for the charitable contribution among your Schedule A itemized deductions.
For more information on making a contribution to the Church of Nativity directly from you IRA, please contact the parish office at 913.491.5017.
Stewardship pledges will run from July 1, 2009 through June 30, 2010. We ask that all parishioners consider tithing five (5) percent of your gross income.
Annual Report 2009 - 2010
If you have any questions, please contact the Parish Office, 491.5017. |
