Introducing Insights,
an e-newsletter from the ELCA Foundation |
Welcome to the first edition of Insights, a quarterly newsletter from the ELCA Foundation. In this newsletter you’ll find tips, tools and information to achieve your charitable-giving goals while supporting the people, ministries and causes you love.
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Charitable giving tip:
Support ministry through your retirement account |
If you are 70 ½ and have an Individual Retirement Account (IRA), you are required by law to withdraw a certain amount of money from the account each year — this is known as your required minimum distribution (RMD). Many people find that they don’t need the extra income, but they’re required by law to take it. With the recent tax code changes, not everyone can itemize deductions, which means the RMD will be taxed as income. Making a gift to charities directly from your retirement account in the form of a qualified charitable distribution (QCD) may allow you to meet your RMD requirement without increasing your taxable income.
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What is the ELCA Foundation?
Watch the video. |
When you want to give back to this church and the ministries that mean so much to you, the ELCA Foundation is here to help. Through its nationwide network of regional gift planners, the Foundation can help you make a plan that achieves your unique financial and estate-planning goals.
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Ministry spotlight:
ELCA Good Gifts |
Shopping for someone who has everything they need? Shop ELCA Good Gifts and choose from 50 charitable gifts to give in honor of friends or loved ones this Christmas. From goats to water wells, there’s something for everyone on your list. Each gift makes a difference in the world and shares the love of Christ with our neighbors in need.
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Third-quarter market summary:
Endowment Fund Pooled Trust —
Fund A |
The investing environment remains challenging as a number of crosscurrents present conflicting signals of the direction of markets and the economy. The chief areas of investor focus for the quarter were Federal Reserve policy and the ongoing trade dispute between the United States and China. Fund A remained similarly aligned to the performance and risk weighting of the static benchmark and delivered positive absolute performance despite a quarter marked with volatility.
ABOUT THE ENDOWMENT FUND POOLED TRUST
— FUND A:
Designed specifically for congregations, synods, seminaries and other affiliates of the ELCA, Fund A provides a socially responsible, collective, long-term investment option for endowments that support your ministry. |
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| Meet your regional gift planner |
Your regional gift planner is here to partner with you as you explore a variety of ways to love and serve our neighbors with your charitable giving. Regional gift planners provide expertise and guidance for individuals and congregations without cost or obligation. It is our ministry to be of service. Schedule a free meeting now.
Name:
Email:
Phone:
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© Evangelical Lutheran Church in America, 8765 W. Higgins Rd., Chicago, IL. 60631-4101
800-638-3522 |
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