My Account
Sign up, and CougarBoard will remember which categories you want to view.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Dec 23, 2024
3:33
:57
pm
ledfoot
Starter
Donor advised funds as a means of paying tithing. Does the church recognize it?
Will it show up on church records of the donor so that it is credited to him or does it show up as a donation from the charitable fund used as the vehicle for donation?
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
ledfoot
Bio page
ledfoot
Joined
Oct 27, 2004
Last login
Dec 25, 2024
Total posts
973 (1 FO)
Report problem with this ad
Messages
Author
Time
Donor advised funds as a means of paying tithing. Does the church recognize it?
ledfoot
Dec 23, 3:33pm
If you have already made a donation to a charity, you already got the tax
Plato
Dec 23, 3:36pm
Does it matter who gets credit? The Church gets the money, you get the
Nikomedes
Dec 23, 3:37pm
Are you able to fund a DAF with a credit card? How do you do that?
elmerfudd
Dec 23, 4:02pm
Yes. I've done it several times.
Zenoch
Dec 23, 5:01pm
The tax deduction would come from when he placed money in the DAF
JamieTartt
Dec 23, 3:40pm
The church has its own donor advised fund. But you can use others
cougarfann888
Dec 23, 3:43pm
Through fidelity, you put a memo and mark your name, membership number and
Bin01015
Dec 23, 3:45pm
Oh, interesting. I'll have to try this. Nothing shows when I use DAF
txblue
Dec 23, 4:04pm
Thanks all
ledfoot
Dec 23, 3:49pm
It works really well but it doesn’t show up on the ward level. I typically
RevolutionDeathsquad
Dec 23, 3:51pm
Yup. I do it every year
TADOW
Dec 23, 4:12pm
Why are you donating to the DAF if only to donate to church later?
Plato
Dec 23, 4:18pm
Likely to bunch contributions - take std deduction yr 1, larger deduction yr 2
tiloman
Dec 23, 4:47pm
Exactamundo
Frank Drebin
Dec 23, 4:56pm
Hmm. So for mid/low income ppl to save a few bucks on already low tax rates
Plato
Dec 23, 4:58pm
It's easier to time donations. I donate company stock which requires pre-approval and can only be done
txblue
Dec 23, 4:48pm
What do you do with it other than pay tithing?
Plato
Dec 23, 4:59pm
That's it. Rest of our donations go to 2 local places.
txblue
Dec 24, 8:56am
I do it bc it’s easier to donate appreciated stock this way. I just slide stocks
RevolutionDeathsquad
Dec 23, 5:32pm
Yup! We use a DAF to pay tithing
justAnotherCoug
Dec 23, 5:52pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad