Pledges and Giving
Each of you should give what you have decided in your heart to give, not reluctantly or under compulsion, for God loves a cheerful giver. And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work. -2 Corinthians 9:7-8 NIV
Financial stewardship is but a portion of our responsibility to steward all that God has blessed us with. When we join the church we pledge a commitment of our time, our talent, our gifts and our service. Each is offered, not out of fear, or of slavish obligation, but as a representation of our heart and our worship to God who has blessed us with every good gift. Your heartfelt stewardship of your financial blessings is an essential element of GSUMC’s ability to release hope and healing in Jesus’ name.
Here are ways in which you can contribute in addition to tithes and offerings given through the offering plate.
Annual Financial Pledge
Make an annual commitment to the church with a pledge. You can change your pledge in CCB, or contact any person on the Endowment and Stewardship Team. Log in to CCB and near your picture in the top right corner, click “go to my profile” then click on the Financial tab to see your pledge and giving to date. You can also print your own statements for tax purposes. You must be logged in with your own log-in and password.
Electronic Funds Transfer (EFT)
EFT allows consistent amounts to be drawn directly from your banking account, is possible, but must be set up manually by talking to the The Chairperson of the Finance Committee, the Financial Secretary or the Treasurer. – allows consistent amounts to be drawn directly from your banking account. This option allows you to give as a regular priority and it also reduces the processing expense for the church. By mail, you can send donations directly to: 19624 Homestead Road, Cupertino, CA 95014.
Stocks and Mutual Funds: Individuals should check with their financial advisor before initiating this, but if you do, you will receive a tax deduction for the fair market value of your securities at the time of donation and will pay no capital gains tax on the difference between your cost and the fair market value.
IRA Contributions: Individuals 70.5 years old or older and who are required to take distributions from their IRA or other qualified plan are urged to consider making a gift to their church from those proceeds. The IRS allows the RMD to be directed to a charitable organization without tax liability for amounts up to $100k per year
Other: Other giving options include life insurance, retirement assets, bequests, personal property, appreciated Real Estate, and charitable lead trusts.
Substantial gifts from your will can be a mighty way to provide ongoing income for special ministries. Talk to anyone on the Endowments and Stewardship Committee to help you with any questions.