GIVING
Ways to Give
Give Online
Online giving through our website is a safe and easy way to support the ministries of Tiki Island Chapel and invest in helping people know and follow Jesus.
Some of our members schedule a reoccurring gift by using the online bill pay service through their financial institution.
Mail a Check
Tiki Island Chapel
835 Tiki Drive,
Tiki Island, TX 77554
Be sure to include your name and address on the check or envelope so that donation credit may be provided for tax purposes.
Give In-Person
Simply place cash or checks in the offering basket at any weekend service. Be sure to include your name and address on the check or envelope so that donation credit may be provided for tax purposes.
SPECIAL GIVING OPTIONS
Please consider one of the following ways to give and support the Chapel. You may also want to consult your financial advisor or C.P.A.
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This is a great way to give. You pay no capital gains on the stock transaction and you can deduct the full market value of the stock on the day you transfer it.
Example: You own stock in IBM which you purchased for $50 a share and is currently priced at $135 per share. You transfer 100 shares to the Chapel. The Chapel will receive the stock valued at $13,500 and you get an itemized deduction for your income taxes of $13,500. You also pay 0 (zero) capital gains tax.
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Are you age 70 ½ or older? If so, you can reduce your tax burden by taking a distribution from your IRA as a designated charitable distribution to the Chapel. By doing this you pay no income taxes on the distribution, and you can take the gift value as an itemized deduction on your income taxes.
Fidelity explanation: In order to donate retirement plan assets during your lifetime you would need to take a distribution from the retirement account, include the distribution in your income for that year, account for any taxes associated with the distribution, and then contribute cash to the charity—with one exception. People who are age 70 ½ or older can contribute up to $100,000 from their IRA directly to a charity and avoid paying income taxes on the distribution. This is known as a qualified charitable distribution. It is limited to IRAs, and there are other exclusions and considerations as well.