DID YOU KNOW? If you are turning 70 1/2 or older in 2023 you can give to Larchmont United Methodist Church (or other 401.C.3 organization) using a Qualified Charitable Distribution (commonly called a “QCD”) from your IRA? AND, you are not taxed on the QCD amount! Contact our Endowment Committee Chair, Gary Chiaverotti (chiaverotti@aol.com), to find out how a QCD works and how you can benefit while supporting LUMC Ministry, Mission, and Outreach activities and Endowment Program.
DID YOU KNOW? There is no minimum to open a Donor-Advised Fund?
A donor-advised fund, or DAF, is like a charitable investment account for the sole purpose of supporting charitable organizations you care about. Donor-advised funds are the fastest-growing charitable giving vehicle in the United States because: (1) they are easy to set up, (2) provide significant tax-advantages, and (3) enable you to give to charities you care about.