Friday, September 13, 2013

Foundation Creates Flood Relief Fund

Please give to Colorado Flood Disaster Relief

The Rocky Mountain United Methodist Foundation will ensure that 100% of your donations go to help the victims of the September 2013 Colorado floods.

The Rocky Mountain United Methodist Foundation is accepting donations for the Colorado Flood Disaster Relief Fund to directly benefit those affected by the floods this September 2013.

Donations are being accepted online and by mail.

Donation Link:  www.rmumf.org
You may also send checks to:
Rocky Mountain United Methodist Foundation, Inc.
7350 E. Progress Pl., Suite 205
Greenwood Village, CO 80111

If you have questions, you may call the Foundation office at 303-778-6370.

In the past 48 hours, Colorado communities have experienced flooding that has resulted in thousands of evacuations, power outages and infrastructure damage, including roads and drainage systems. Many mountain towns have been evacuated or are isolated, inaccessible by road, and without power. Mudslides of up to 400 feet in Boulder County have made roads impassable and a broken dam in Larimer County has washed away some homes. It is reported that three people have lost their lives, and at least one person is missing.

“Our prayers continue to be with families and communities affected by the floods. Please join in the efforts to help those affected by donating to the fund. We will ensure that all funds raised will stay in Colorado and will be used in the communities for which they are designated,” said Kristi Kinnison, Executive Director of the Rocky Mountain United Methodist Foundation.

The Foundation is asking the public to support all rescue, recovery and relief efforts with financial donations.  Funds will be distributed without administrative fees and will serve immediate, intermediate and long-term care needs.

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The Rocky Mountain United Methodist Foundation, Inc. is an IRS 501(c)(3) non-profit organization. The Foundation is organized to support United Methodist churches and related ministries with financial services.



Thursday, September 12, 2013

How to Give More WITHOUT Giving More

Many pastors don’t like to ask their congregations to give more money and if warned ahead of time, some members will use that excuse to take the Sunday off. Why not? Many of us have already given so much. Although we may or may not want to increase our giving, we just don’t know how to get more from the proverbial turnip.

Congress and the IRS have made it possible for us to increase giving without opening up our wallets more. Two programs exist right now that allow us to avoid paying income tax on certain types of income that can directly benefit charitable giving:  1. The IRA Charitable Rollover, and 2. Donation of appreciated stocks or securities.

1.  The IRA Charitable Rollover is a law that will expire at the end of 2013. If you are 70 ½ years old (or older), and you have an IRA – you call “rollover” up to $100,000 directly to charity without claiming it as income. That saves you taxes, especially if you don’t itemize any more. AND whatever you decide to “rollover” will count towards the Required Minimum Distribution (RMD). Click here to learn more. 

Here is an example:    Without IRA Rollover                    Using the IRA Rollover

     Withdraw:                           $10,000                                                       $10,000
     Tax*:                                        $2,500                                                        $         0
     Your Church Receives:      $7,500                                                       $10,000

This program expires December 31st, 2013 (unless Congress acts again).

2.  Donations of appreciated securities have long been available for increasing generosity and simultaneously saving on the tax bill. The Foundation has a brokerage account in place to serve you and your favorite United Methodist Charity or Church. Last year, we processed more than $35,000 of these gifts! Click here to learn more. 

Here is an example:   Sell security first                         Direct donation
                                            then donate cash                              of security

    Original Cost:                  $1,000                                                       $1,000
    Today it is worth:        $20,000                                                     $20,000
    Taxable Income           $19,000                                                               $0
    Tax*:                                  $4,750                                                               $0(You may even save more!)
    Your Church Receives:   $15,250                                                $20,000

This program has no expiration date.


*The tax savings was based on a 25% income tax rate. This is not intended to be tax or financial planning advice. For details about how these tools can help you, please consult your own CPA, Tax Professional or Financial Planner.

I wanted to share this exciting news with you so that you can take advantage of these opportunities to help grow God’s kingdom in your own church and communities of faith.
                                  In God’s Service,  Kristi Kinnison

Wednesday, July 3, 2013

WEBINAR REGISTRATION - July 24th, 11:30 a.m.

Investment YTD Review and Endowment Trends
Join us for a Webinar on July 24
Space is limited.
Reserve your Webinar seat now at:
https://www3.gotomeeting.com/register/987897326
Join the Foundation's Investment Committee and Investment Manager (Wespath) for a YTD Investment Performance Review. We will also discuss national trends in endowment investing and endowment spending policies.

Title:
Investment YTD Review and Endowment Trends
Date:
Wednesday, July 24, 2013
Time:
11:30 AM - 12:30 PM MDT

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server
Mac®-based attendees
Required: Mac OS® X 10.6 or newer
Mobile attendees
Required: iPhone®, iPad®, Android™ phone or Android tablet

Thursday, May 16, 2013

Is a Substantial Gift to Your Church Just Waiting to Happen?



Members of your congregation may have the power to make a substantial gift in 2013 to your church. This gift could be for general operations or could add to or begin your Endowment Fund.

All that is needed is for someone to share the good news with them!

Congress in the opening days of 2013 made it possible for a person who is over age 70 ½ to rollover up to $100,000 from an IRA to your church without increasing their taxable income or paying any additional tax.

These tax-free gifts could be $1,000, $10,000 or any amount up to $100,000, and can satisfy the required minimum distribution (RMD). This kind of gift is called a qualified charitable distribution (QCD) and is possible now through December 31, 2013.

The IRA rollover gift is a simple and easy way for your members to give to your church or favorite United Methodist ministry while not increasing their taxable income.

To participate in the IRA charitable rollover, your church member can contact his/her IRA custodian and request an amount be transferred to your church or to the Rocky Mountain United Methodist Foundation for the benefit of your church.

If you have any questions about this great opportunity, please contact the United Methodist Foundation, 303-778-6370. The Foundation has emailed and will soon email to each church a packet of materials that are designed to help communicate this information to church members.  

Monday, January 21, 2013

Webinar - January 24th - Register NOW!


Investment Performance: 2012 Summary and Recap



Join us for a Webinar on January 24



Foundation Directors and its investment managers will review the 2012 investment portfolio available to churches and individuals. Participants will be able to ask questions and receive feedback as part of the one hour, informational experience.

Title:
Investment Performance: 2012 Summary and Recap
Date:
Thursday, January 24, 2013
Time:
11:30 AM - 12:30 PM MST

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server
Mac®-based attendees
Required: Mac OS® X 10.5 or newer
Mobile attendees
Required: iPhone®, iPad®, Android™ phone or Android tablet

Space is limited.
Reserve your Webinar seat now at:
https://www3.gotomeeting.com/register/760152542