Foundations and nonprofit organizations have been engaging in impact investing since the 1960s. Only in the last decade has the nonprofit sector started adopting a more strategic approach to incorporating impact investing into fundraising. By aligning endowments, investment portfolios, and cash management tools with mission-centered work, organizations are putting mission related social impact ahead of traditional rates of return on investments.

The world has changed drastically in the past three years. Read more.

Giving appreciated assets such as publicly traded stocks, mutual funds, or bonds held more than one year is a great, tax-effective way to support your church. Please reach out if you would like the Georgia United Methodist Foundation to assist you with directing appreciated securities to your church, which eliminates potential capital gains taxes to the donor. The tax code is very generous toward this form of giving. This strategy also results in a more significant gift to the church. Here are some tips to ensure your transaction goes as planned. Read more.

You may be looking for a way to make a big difference to help further the mission of your church or ministry. If you are 70½ or older, you may also be interested in a way to lower the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can help continue their work and benefit this year. Read more.

Another great read:
What is an IRA Rollover?

Roth IRAs do not require withdrawals until after the death of the owner. Designated Roth accounts in a 401(k) or 403(b) plan are subject to the RMD rules for 2022 and 2023. However, for 2024 and later years, RMDs are no longer required from designated Roth accounts. You must still take RMDs from designated Roth accounts for 2023, including those with a required beginning date of April 1, 2024.

You can withdraw more than the minimum required amount.

Your withdrawals are included in taxable income except for any part that was already taxed (your basis) or that can be received tax-free (such as qualified distributions from designated Roth accounts). Read more.