If you are already making recurring ACH donations through MCC’s Park Bank account we have your form on file and will update it with your pledge.

Giving appreciated stock is an easy way to make a gift to the church that can have significant tax benefits if you itemize.  To get the most benefit you will need to have owned the securities for at least one year.  A gift of appreciated stock allows you to avoid paying capital gains taxes on realized gains, and provides an income tax deduction for the full market value of the donated stock, with some limitations.  For specific information see Internal Revenue Code section 170(d), or speak with your financial advisor.

The enhanced tax benefit of stock gifts is obtained by transferring ownership of the shares rather than selling the stock and donating proceeds of the sale.  But this means that when the shares are transferred between your broker and our broker, Vanguard, the shares enter our account without a donor name.  For this reason we ask that you notify us in advance of a stock gift so we can immediately credit your gift, and sell the stock as soon as it arrives in the church account.  Contact the church office at mccucc@middletonucc.org or (608) 831-4694 for the MCC Vanguard account number and DTC number your broker will need to initiate a stock gift transfer.

If you are 70½ or older and have a traditional IRA, you may give up to $100,000 per year tax-free to charitable organization(s).  This is known as the IRA Charitable Rollover – or as the Qualified Charitable Distribution (QCD) on your tax return. A married couple can each give up to $100,000 from their respective IRAs each year. The gift can satisfy all or part of your annual Required Minimum Distribution (or RMD).   The transfer to charity does not qualify for an income tax deduction but instead it escapes the income tax that you would have otherwise owed on your RMD. This avoidance of income tax is as helpful as a deduction, especially if you do not itemize your deductions.   

 The transfer must be made to charity by check or wire transfer directly from the IRA.  If you accept your RMD before making the gift, you will owe the income tax.  It is wise to consult your IRA custodian or financial planner to assist you.  

We encourage you to consider an IRA Charitable Rollover (Qualified Charitable Distribution or QCD) to Middleton Community UCC. You may make a direct charitable gift to fund our church’s operating budget, fulfill a pledge, or fund a special project.

To make an IRA Charitable Rollover (or QCD), please contact your IRA administrator to request the appropriate form, which can often be filled out online.

Of course, you can always give by cash or check on Sunday mornings or by mailing a donation to:

Middleton Community UCC

645 Schewe Road

Middleton, WI 53562