You can always give by check (made payable to Cary Alliance Church) or cash. We have a time of giving during each weekend gathering, or you can mail your gift to:
Cary Alliance Church
4108 Ten Ten Road
Apex, NC 27539
If you choose to give cash, please consider placing it in an envelope with your name and mailing address so we can properly account for it and ensure you are eligible to deduct it on your taxes.
You may designate Cary Alliance Church, Inc. to receive all or a portion of your estate after your lifetime. This type of giving may be accomplished through:
Will or Trust
You can name Cary Alliance Church, Inc. in your will or trust as a beneficiary, and your estate may receive an income tax deduction for the value of your bequest. Consult with your estate planning attorney and your financial and/or tax advisor to analyze your particular situation and confirm benefits.
Retirement Accounts
You can name Cary Alliance Church, Inc. as a beneficiary of your IRA, 401(k), or other qualified retirement plans. Any amounts remaining in your plan, free of income and estate tax, will transfer to Cary Alliance. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.
Life Insurance
You can simply name Cary Alliance Church, Inc. as beneficiary of part or all of your life insurance policy. You can also choose to make Cary Alliance Church the owner of a life insurance policy that is no longer needed. When Cary Alliance Church is made owner, you may receive a tax deduction for the amount of premiums you continue paying each year. If the policy is whole life, you may receive an immediate tax deduction for the cash value amount. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.
When you give appreciated stocks and mutual funds, you receive an immediate income tax deduction for the full fair market value of securities you transfer that you’ve held for at least one year. In addition, you pay no capital gains tax on the difference between your cost and the fair market value. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits. If you are interested in giving securities, stock options, or matching gifts from your employer, please contact Paul Amos, paul@caryalliance.org.
IRA Qualified Charitable Distributions
If you are over 70-1/2 years old, then you may distribute directly from your IRA to Cary Alliance Church up to $100,000 and exclude the contributed amount from your gross income for tax purposes. This amount can be counted towards the IRA’s annual required minimum distribution. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.
If you’d like to discuss a possible gift of real estate, a trust or retirement account, credit card rewards points or airline miles, or another unique gift, please contact, treasurer@caryalliance.org or Pastor Becker for more information.
