Financial Contributions

How should I make a contribution by check?

How should I make a contribution in cash?

Are my contributions tax deductible?

How should I make a payment on my pledge?

How should I make a contribution to one of the organizations supported by the Social Action Committee?

How should I make a donation to the Fellowship, even though I didn’t complete a pledge form this year?

Can I make a tax-deductible donation of goods?

How should I pay for books?

Can I make a bequest to UUFS in my will?

Can I use my IRA to benefit UUFS?

I would like to support Unitarian Universalism in a way that also achieves other financial objectives, such as maximum tax advantage or a secure income for life.  How can I do this?

How can I support Unitarian Universalism at the regional or national level?

How should I make a contribution by check?

Please write all checks to UUFS. Indicate in the memo field the fund to which you are contributing:

“Stewardship” for a payment on your annual pledge, or for any contribution not restricted to one of the specific purposes below

“Social Action” for the announced humanitarian purpose of a Sunday collection

“Ministry” for a contribution to the fund to support ministerial compensation

Put your check in the collection plate, or mail it to UUFS, 2812 Old Ocean City Rd., Salisbury MD 21804.

How should I make a contribution in cash?

If you do not need your contribution to be credited to you as a pledge payment or a tax-deductible donation, just put it in the collection plate. (We generally prefer currency to coins because it’s easier to count and handle.) On most Sundays, cash contributions go to support a humanitarian cause designated by the Social Action Committee. On one Sunday each month, they go into the Ministry Fund to support ministerial compensation.

If you wish to make a pledge payment or other tax-deductible contribution in cash, put it in an envelope marked with your name and the fund to which you are contributing. See the previous section for the list of funds.

Are my contributions tax deductible?

All contributions are tax deductible as long as these conditions are met: We can identify you as the donor, and you don’t receive any tangible goods or services in return, such as coffee or other items sold by the church.  At the end of the calendar year, we will itemize and acknowledge all deductible contributions.

How should I make a payment on my pledge?

UUFS members are currently pledging to two different funds, so we need to be able to distinguish the two. Write a check to UUFS and indicate “Stewardship Pledge” (for your annual pledge) or “ITF Pledge” (for the Into the Future capital campaign) in the memo field.  Either mail the payment or put it in the collection plate. Note that the Fellowship relies on members to fulfill their pledges to the funds to which they have pledged, so contributions for other purposes (Social Action Fund or Ministry Fund) are not counted as pledge payments.

How should I make a contribution to one of the organizations supported by the Social Action Committee?

Each Sunday we announce the organization to be supported with that day’s collection.  Put cash into the collection plate or write a check to UUFS with “Social Action” in the memo field.  (Please do not make the check to the charity itself.) Channeling your charitable contributions through the UUFS in this fashion not only supports the charities, but also helps establish our Fellowship as a positive influence in our community. We do not count such donations as pledge payments, since they go to another organization.

How should I make a donation to the Fellowship, even though I didn’t complete a pledge form this year?

Write a check to UUFS and indicate “Stewardship” in the memo field. (Please do not indicate “Pledge” if you didn’t make a pledge.) Checks so designated are not given to charity, but go into unrestricted funds to defray the Fellowship’s operating expenses.

Can I make a tax-deductible donation of goods?

Yes, under certain conditions.  Please check to make sure that your donation is something that the Fellowship can use and has space for.  Also note that we do not wish to receive donations of goods in lieu of pledge payments, since we need the full amount pledged for the budget items approved by the congregation.  As an alternative to donating goods, you can get reimbursed for purchases you make on our behalf, as long as you are acting with budgetary authority, such as a committee chair using that committee’s allocation.  If your expenditure is ineligible for reimbursement or you waive reimbursement, it will be considered a donation.

 

How should I pay for books?

Take whatever you would like to read from the book alcove.  Make a small payment by cash or check in the box in that room.  Make checks to UUFS and indicate “Library” in the memo field.

Can I make a bequest to UUFS in my will?

Yes.  We encourage such bequests because they enable us to support capital improvements and other expensive projects that cannot be funded from annual operating income.

Can I use my IRA to benefit UUFS?

Yes. You can name UUFS a beneficiary of your IRA.  This is one way of avoiding the potentially high taxation of an inherited IRA, although it is not the only way.  Also, if you are subject to larger required minimum distributions from your IRA than you need, you can make those distributions directly to UUFS, avoiding taxes on them.

I would like to support Unitarian Universalism in a way that also achieves other financial objectives, such as maximum tax advantage or a secure income for life.  How can I do this?

The Unitarian Universalist Association supports many different forms of planned giving, either to your local fellowship or to the national organization.  For example, if you are considering purchasing a lifetime annuity, you might want to consider a charitable gift annuity, which benefits the religious organization instead of a private insurance company.  Another possibility is a charitable remainder trust, which can provide both an income for life and tax deduction for assets transferred to the trust.  The Finance Committee can discuss the possibilities with you and help you obtain the necessary information.  Some of the alternatives are fairly simple, while others would require legal advice, especially those involving trusts.

How can I support Unitarian Universalism at the regional or national level?

One way is to join the Chalice Lighters, Unitarian Universalists who support the growth and development of other UU congregations in our region.  Once you enroll, you will be asked to contribute at least $20 three times a year to fund Chalice Lighter grants to congregations.  You can enroll online at the Joseph Priestley District website.  JPD will contact you directly for your payments.  Do not make checks to UUFS for this purpose.

The website of the Unitarian Universalist Association provides information on a number of ways of contributing to the national organization.  See the giving section of the UUA website.