Category Archives: Giving
Donation procedure charitable giving
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Can I give appreciated stock to FCCW to pay all or some of a pledge?
Posted on October 13, 2020 by Sarah Marino in GivingYes! Again, consult your tax advisor regarding the benefits, but in general, using appreciated securities to make a charitable donation can have favorable tax benefits to the donor (in addition to serving important charitable purposes!). For assistance with the logistics, please contact treasurer Bruce Lauterwasser.
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Can I pay my 2021 pledge in 2020?
Posted on October 13, 2020 by Sarah Marino in GivingYes. We routinely have a number of members who pay their new pledges before the end of the calendar year. For tax purposes, any donation to the church paid before December 31, 2020 is considered a charitable contribution for tax year 2020. For church record keeping purposes, pre-paid pledges are credited toward the appropriate pledge […]
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Are there particular tax benefits I might receive from making a charitable contribution in 2020?
Posted on October 13, 2020 by Sarah Marino in GivingAlso under the CARES Act, Congress passed some provisions intended to promote additional charitable giving in 2020. Check with your own tax advisor, but in general, the legislation increased the amount of charitable deductions that can be claimed (for itemizers) by lifting the ceiling to 100% of AGI. For non-itemizers, there is a new deduction […]
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Did the FCCW receive a federal loan under Congress’s Payroll Protection Funds? How did the funds help our church?
Posted on October 13, 2020 by Sarah Marino in GivingAfter considerable discussion within both the Financial Resources Ministry and the Leadership Team, FCCW applied for and received a forgivable loan from the Small Business Administration as part of the Paycheck Protection Program established by Congress as part of the 2020 CARES Act. We felt that it made sense to apply for such a loan […]
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How much of the payroll and other operating expenses does the proceeds of the annual stewardship campaign cover?
Posted on October 13, 2020 by Sarah Marino in Giving[This has usually been covered in the longer FAQ we’ve used in recent years — but maybe we have this more concise, 2020-2021 focused FAQ for this year and pull a few critical questions out of the other? Thoughts?]
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What is FCCW doing to help those who are experiencing particular need (financially) in this environment?
Posted on October 13, 2020 by Sarah Marino in GivingCovid19 Fund: Established with the proceeds of the 2020 Easter Offering and added to by additional donations, the fund has aided members of the congregation and the wider community in the areas of food and housing insecurity as well as providing support for essential workers with protective equipment. Provide financial continuity to employees and […]
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What is different about FCCW’s financial needs in the pandemic and as we approach 2021? Where have we saved money, and where have we found we needed more money?
Posted on October 13, 2020 by Sarah Marino in GivingWe have been extremely fortunate that the generosity of our congregation has not ebbed during the current pandemic. Pledge payments have remained strong, and non-pledge giving has actually increased, no doubt encouraged by the wonderful on-line worship services that our ministry team continues to produce. On the other hand, with our building effectively closed for […]
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Fall 2020 Stewardship FAQs
Posted on October 13, 2020 by Sarah Marino in GivingFCCW’ers! Coming into the fall financial stewardship campaign, we are as “rooted in love, grounded by love” as we have ever been! Behind the themes of love, caring and gratitude that make us want to support our church, are the nuts and bolts words like “stewardship,” “pledging,” “endowment draw” and “fiscal year” — which can […]
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Just Peace Offering
Posted on October 8, 2020 by Sarah Marino in Giving, Latest News, Ministries/Task Force News, Outreach, WorshipDear Friends and Members of First Congregational Church: October is a time in our church family life when we collect a special offering specifically focused on areas of justice and peace. Our denomination calls this our ‘Just Peace’ Offering. This always resonates deeply with the lived values of our faith, and 2020 has certainly brought […]
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Warm Up America! Made With Love
Posted on September 17, 2020 by Sarah Marino in Community, Environment, Giving, Health and Wellness, Latest News, Ministries/Task Force News, Outreach, Volunteer OpportunitiesWe are planning to “yarn bomb” a homeless neighborhood this January with handmade hats, gloves and scarves. You can help! We need knitters and/or crocheters to make adult-size hats, scarves and mittens which we will hang from trees and fences. You can use any pattern you like, and the only rule is that the yarn […]
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