Ways you can give | Blue Valley Baptist Church

Ways You Can Give To BVBC

Giving back to God does not have to be a stressful process. Listed here are several easy ways to make giving fit your time and resources. Some may require assistance from our Finance Office. If you need further help, contact David Neely, our Pastor of Administration and Outreach at 913.897.9669.

Bring Your Offering To Church

This one is pretty self-explanatory. If you would like to write a check or give cash, you may bring it with you to a weekend service, place it in the offering envelope provided in a Sanctuary pew rack, and drop it in an offering plate as they are passed.

Mail Your Check To The Church Office

Sometimes it is easier to simply mail in your gift, especially if you know you are not going to be able to make it to church. Many choose this option by sending their offering in an envelope to:

Finance Office
Blue Valley Baptist Church
8925 W. 151st Street
Overland Park, KS 66221

Your envelope will be immediately forwarded to the Finance Office to be processed and counted toward the following week's offering (no other staff member will open your envelope).

Payroll Deduction

Many aren't aware that the same process that allows employers to make automatic payroll deductions for things such as child support and charitable contributions, like the United Way, can also be used to give directly to the church. By requesting a Payroll Deduction Form and submitting it to your company's Human Resources Department, you can make contributions to the church automatically.

Gifts Of Stocks And Bonds (and avoid capital gains taxes!)

Stocks, bonds, and mutual funds are great ways to give without incurring capital gains on appreciated assets. You can transfer your stock gift from your account directly to the church's account. We will sell the asset and apply the amount of the sale to your annual contribution statement. If you have a stock certificate on hand and want to discuss how to make the transfer, contact our Finance Office at 9913.897.9669.

Donation Of Valuables

Did you know that instead of using your car for a trade-in, you could donate that car to the church and receive a tax write-off? This is not only limited to cars, but also includes boats, land, jewelry, and any other items of value. You donate the item to the church and the church in turn secures an estimate of value and issues you a tax-deductible receipt.

Leave A Gift In Your Will

Under current tax laws, unnecessary estate taxes are often paid by the estates of those who have died. By leaving a portion of your assets to the church in your will, you not only avoid losing a large part of your estate to death taxes, but you continue making a difference in the lives of people long after you have departed.

Current Legislation Enables Tax-Advantaged Charitable Contributions from IRAs

The "Pension Protection Act of 2006" became law in August 2006. Of potential interest to qualifying Blue Valley Baptist Church donors is one of the charitable giving incentives included in the bill: For individuals who have reached the age of 70.5 and who have Individual Retirement Accounts, tax-free distributions to non-profit organizations are now possible for a limited time.

Previously, distributions from IRAs for charitable gifts were fully taxable at the federal level (except for Roth IRAs and IRAs funded with nondeductible contributions). Now, in addition to being tax-free, charitable distributions also count toward the IRA holder’s annual Required Minimum Distribution. And since there is no tax deduction involved—the distribution is simply excluded from gross income—even those who do not itemize deductions may participate. Can you take advantage of the "IRA charitable rollover"? To find out, continue reading...

1. I'm interested. What else do I need to know?
The key points of the legislation are as follows:

You must be at least 70.5 years old.
Gifts must be from your traditional or rollover IRA.
Tax-free charitable gifts from IRAs are allowed for a limited time. Talk with your tax professional for more information.
Charitable distributions from your IRA may not exceed $100,000 per year.
Distributions must be made directly from the IRA custodian to Blue Valley Baptist Church.
Distributions must be outright charitable gifts (vs. contributions to fund gift annuities and other planned giving arrangements, which do not qualify).

2. Who is most likely to be motivated to make a charitable gift from an IRA?
Generally speaking, individuals 70.5 and older who are required to take IRA distributions, but who do not need or want the taxable income from that source, may find the IRA gift opportunity attractive.

Disclaimer: Please note that we are not giving tax advice and strongly recommend that each individual seek counsel from their tax preparer for further clarification.