Your tax-deductible financial contribution supports our mission: to nurture love of God and love of neighbor in the world.
Ways to Give
Cleveland Park Congregational UCC is a 501(c)(3) charitable religious organization. Our tax ID is 53-0208369.
Other Ways to Give
There are a variety of ways you can financially support the mission of Cleveland Park Congregational UCC, and many provide tax advantages. Please talk with your financial advisor to see if one of the following options is right for you.
Give Stock or Real Estate
You will avoid paying capital gains taxes and can typically take a tax deduction for the full fair market value. Our 501 C tax exemption allows us to sell the stock or real estate without paying taxes, so more of your donation goes to supporting our mission.
Make an IRA Distribution
A Qualified Charitable Distribution (QCD) is a direct transfer of funds from your IRA custodian, payable to a qualified charity. Unlike regular IRA withdrawals, those done through a QCD are excluded from your taxable income. Additionally, QCDs can be counted toward satisfying your required minimum distributions (RMDs) for the year, as long as certain rules are met.
Include CPC-UCC in Your Will
Your bequest can be for a specific amount, a percentage of your estate, or for the residuary after other expenses and beneficiaries are covered.
If you would like a portion of your estate to eventually go to CPC-UCC but also want to provide income to surviving family members, you can establish a charitable remainder trust through your will. The trust will pay income to your family beneficiaries for the duration of their lives or for a period of years. At the termination of the trust, the remaining principal is distributed to the church and used as you direct.
Make CPC-UCC a Life Insurance Beneficiary
If CPC-UCC is designated as a beneficiary of a life insurance policy, we will receive the coverage amount upon the death of the insured. With the church as the named beneficiary, premium payments are effectively a donation and are likely to be tax deductible.
Use a Donor Advised Fund
A donor advised fund is like an investment account (e.g., managed by Fidelity, Schwab, or another brokerage), for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities, or other assets to the fund, you are generally eligible to take an immediate tax deduction. Those funds can then be invested for tax free growth and you can recommend grants to CPC-UCC or virtually any other IRS qualified public charity.