Would you like to support Martin Luther Chapel? Here are some ways you can help.
Support this ministry through a one time or recurring automatic gift. With the Electronic Fund Transfer (EFT) program, your gifts are made through a pre-authorized withdrawal from your bank account or credit card. You can choose from weekly, semi-monthly, or monthly gifts. Gifts of this type help to sustain Martin Luther Chapel throughout the year.
Click here, then follow the prompts.
Thrivent Choice Dollars
Eligible benefit members of Thrivent Financial for Lutherans can now help choose where Thrivent Financial distributes a portion of its charitable funds through “Choice Dollars,” part of the organization’s Thrivent Choice charitable grant program. Potential amounts range from $25 to $500 for each eligible benefit member.
Choice Dollars can be directed to thousands of Lutheran churches and organizations nationwide, including Martin Luther Chapel, by visiting the Thrivent Choice website or by calling 800-THRIVENT (800-847-4836) and saying, “Thrivent Choice.”
Other Tools for Giving
Cash Gift – You can make an outright gift of cash by mailing a personal check made payable to Martin Luther Chapel.
Qualified Charitable Distribution – If you are 70 1/2 or older, you can give a direct gift from your IRA to Martin Luther Chapel, and this direct transfer can qualify as your RMD in full or in part, thus reducing your taxable income.
Gifts of Securities – A gift of stocks, bonds, real estate, or other assets may be made to Martin Luther Chapel. An outright gift of appreciated stock eliminates any capital gains tax and allows you to claim an income-tax deduction based on the full market value of long-term securities, regardless of their original cost.
Bequest by Will – You can designate a gift or portion of your estate to Martin Luther Chapel and, in some cases, receive a substantial reduction in federal gift and estate taxes. You may fund such a gift with cash, marketable securities, real estate, tangible property, or closely held stock. IRA’s, 401(k) or 403(b) or other Retirement Plans – Naming Martin Luther Chapel as beneficiary of these plans will benefit our ministry and may also result in significant tax benefits.
Life Insurance – There are a variety of ways life insurance can be utilized as a gift. They include: 1) giving a paid up policy; 2) assigning the annual dividends of a policy; 3) designating the Chapel as the beneficiary of an existing policy; and 4) purchasing a new policy and designating the Chapel as the owner and beneficiary of the policy.
Charitable Remainder Trust – You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, remaining assets transfer to Martin Luther Chapel. You receive income tax benefits the year you establish your trust. Charitable Lead Trust – You can place cash or property into a trust that pays a fixed amount to Martin Luther Chapel for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal gift and estate taxes. Other assets may also be given to the Chapel with possible tax benefits, such as, collectibles, real property, etc. For more information please contact Martin Luther Chapel.