Thank you to everyone who joined a Rebuilding Together luncheon and/or has been prayerfully considering how your household may be able to support this "generosity initiative."
Rebuilding Together is a pledge commitment covering two years. Every commitment matters, whatever its size. For some, the most important pledge is simply to pray: for our church, our leaders, and the work ahead. Please consider making a prayer pledge whether or not you also make a financial one.
Monetary pledges Pledge in whatever way works best for your household: weekly, monthly, quarterly,
annually, or as a one-time gift. If you are age 70½ or older, you can give directly from a traditional IRA to the church.
This is called a Qualified Charitable Distribution (QCD).
The gift is not counted as taxable income, even if you don’t itemize deductions.
If you must take a Required Minimum Distribution (RMD), a QCD counts toward your RMD for the year.
In 2026 you can give up to $111,000 per person this way.
The funds must go directly from your IRA custodian to the church.
Withdrawing them yourself first disqualifies the gift. If you are eligible for a QCD, contact your financial advisor or custodian of your IRA account and they can help set up the transfer, either weekly, monthly, quarterly, annually or as a one-time gift.
Gifts of stock or other investments (in-kind transfers)
At any age, you can transfer stocks, mutual funds, or other appreciated investments instead of selling them. If you’ve held them for more than a year, you generally avoid capital gains tax, and if you itemize, you may be able to deduct their full market value.
How non-cash gifts work
FM Financial handles these gifts together with your financial advisor, and the process is
usually simple:
1. Talk with your financial advisor for input on which funds or stock to give.
2. Complete the Securities Gift Information Form.
3. FM Financial and your advisor complete the transfer and credit the gift to
Edgewood’s Rebuilding Together initiative.
A new tax benefit for 2026
Starting with 2026 taxes, people who don't itemize can deduct cash gifts to charity
(checks, online giving, and text-to-give) of up to $1,000 for single filers or $2,000 for
married couples filing jointly. Stock and IRA gifts are not eligible toward this
deduction.
*We’re sharing this as general information, not tax or legal advice. Please talk with your
tax professional or financial advisor about your own situation.
Questions or ready to pledge?
All of us will have the opportunity to bring our commitment cards for Rebuilding Together during Sunday services on November 22nd.
For any questions or assistance, please reach out to Edgewood's Treasurer, Mike Deats, using the contact form below.
Thank you for your faithfulness and generosity as we rebuild together!
Mike Deats
Treasurer