2011 Charitable Contribution Deadline
All 2011 contributions must be received in the office by Saturday, December 31, in order to be reflected in your 2011 offering statement.  All offering received after December 31 will be recorded in 2012, no exceptions.  Questions please contact Terri Schulken, Joy's accountant.

Stewardship

The LORD is my strength and my shield; my heart trusts in him, and I am helped. My heart leaps for joy and I will give thanks to him in song. Psalm 28.7

God strengthens us in many ways in our life: through word and sacrament, prayer, and the fellowship of the faithful. In fact, God has given us each other that we might joyfully join together to worship and serve Him in the community of the church.

The Simply Giving Program

Automatic withdrawal and credit/debit cards are options for fulfilling your financial commitment to Joy.  To learn more about these options or to sign up, contact Terri Schulken, Joy's Accountant, at 303-841-3739.  Or you may download the Simply Giving Authorization Form and send the completed form to Terri Schulken in the Church Office.

Financial ID Numbers


All members are assigned a financial ID number to use when making a financial contribution to Joy.  Including the financial ID number on the memo line of your check will allow us to credit your contribution accurately to your account.  We request that offerings be placed directly in the plate or in generic envelopes found on the table in the Narthex.

 Colorado Tax Credit Available for those who contributed to the Building/Mortgage Fund

A 50% Colorado State income tax credit is available to donors who make a financial contribution to the Joy Lutheran Building/Mortgage Fund.  This credit is available due to the building renovation in 2002 that helped to expand the Preschool as well as expand the Church. This tax credit was created under the provisions of the Colorado Child Care Contribution Credit to promote child care in the state.  The effect is that half of your donation to the Building Fund is offset by a reduction to your Colorado income taxes.  In addition, you will still be able to claim your full contribution as a charitable deduction on your federal and state income tax returns if you itemize deductions.  This credit is available to all that gave to the building fund and does not require you to have children in the preschool.

This credit was available beginning in 2002 and therefore if you did not take the credit in prior years, you may want to consider filing amended state tax returns, please consult a tax advisor.  This credit continued to be available in 2010, however due to state tax law changes, we will not know until approximately March 2011 if it is available in 2011.  If you would like additional information or the required contribution form, please feel free to contact Joy’s accountant, Terri Schulken as well as your tax advisor.

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Sample Email Format:

Dear IRA Custodian,

 

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, effective from Jan. 1, 2010 to Dec. 31, 2011, permits a rollover directly from an IRA to a qualified public charity. As the owner of IRA account #_________________ that is in the custody of your organization, I request that you transfer from that account the sum of $_______ directly to Joy Lutheran Church, 7051 E Parker Hills Ct, Parker, Colorado 80138 (303-841-3739). The Treasury Tax ID Number for Joy Lutheran is _________.

 

It is my intention to make a Qualified Charitable Distribution (QCD) to Joy Lutheran Church from my IRA, which may fulfill part or all of my IRA required minimum distribution for this year. This letter is sufficient authorization for you to make this QCD gift. However, if you require any further documents, please promptly e-mail those to me.

 

Cordially yours,

 

 

IRA Owner

 

This article has been provided as a general information service of Joy Lutheran Church. It is not intended to provide income tax advice for any specific individual or circumstance. Readers are directed to seek their own income tax counsel before taking action on anything mentioned in this article. IRS Circular 230 Notice: Pursuant to requirements related to practice before the Internal Revenue Service, any tax advice contained in this communication is not intended to be used, and cannot be used, for purposes of (i) avoiding penalties imposed under the United States Internal Revenue code or (ii) promoting, marketing or recommending to another person any tax-related matter.