We know that as the calendar year comes to a close, many of you continue your generosity through year-end giving contributions.
Please review the below information and for questions regarding charitable contributions, directly contact Tracy Burket at email@example.com or 330.494.1860 ext. 121.
The RiverTree finance office will be open December 28, 29 & 30 from 9AM-5PM and December 31 from 9AM-12PM to accept final contributions in person. Mailed contributions must be postmarked by December 31. Online or RiverTree app gifts must be made by December 31. The IRS stipulates any donations received on January 1, regardless of check date, must appear on your 2021 statement.
In response to the COVID-19 pandemic, The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) contains provisions that affect individuals, charities, and businesses. We are providing the below info for your consideration and educational purposes only as many of you consider your charitable contributions at the end of this calendar year.
To ensure the deductibility of your church contributions, please do not file your 2020 income tax return until you have received a written acknowledgment of your contributions from the church. We will mail RiverTree Contribution Statements before January 31, 2021.
Gifts of stock are a great way to make church donations. Donors may be able to claim a charitable contribution deduction in the amount of the current market value of the donated stock while avoiding taxes on the appreciated value of the donated stock. The church pays no capital gains tax when it sells the donated stock so the entire amount of the gift furthers the church’s mission.
We will be conveniently mailing 2021 offering envelopes to your home each quarter. If you are not receiving offering envelopes and would like to, email your request to firstname.lastname@example.org.