Welcome

The fact that you are exploring our website indicates that you, your church, or related agencies of the California-Nevada United Methodist Annual Conference are forward looking people, planning for the future. We are pleased that you have chosen to look at what we have to offer in assisting you in empowering your congregation and developing joyful givers through the services we can offer to you. We welcome the opportunity to assist in your annual stewardship drives as well as endowment and planned giving development for your agency, church, or individual members. We will provide you with socially responsible professional financial management. As you browse through our website, do not hesitate to call if you would like further information regarding partnering with the California-Nevada United Methodist Foundation or if there is a service you need that you do not find here. Blessings to you for the work you are doing in Christ’s name.

Breaking News!

IMPORTANT NEWS ABOUT CHARITABLE IRA’s

Charitable IRA Rollover Extended

As part of the $700 billion economic bailout bill (H.R. 1424) which was signed by the President on Friday, October 3, 2008, Congress included a two-year extension of the IRA Rollover provision. This provision is retroactive to January 1, 2008, and will apply to gifts made from that date through December 31, 2009.

Specifically, the IRA Rollover allows donors to donate up to $100,000 annually from their traditional or Roth IRAs tax free to charitable causes. Rather than showing the gift as a tax deductible event, the entire gift is excluded from taxable income; however, such gifts do count toward any Required Minimum Distributions.

Some highlights of the IRA Rollover provision are:
• Only donors age 70 ½ or older can take advantage of the provision.
• The maximum amount that can be rolled over tax-free each year is $100,000.
• The provision only allows for direct gifts to charitable organizations and churches.
• To qualify, the distribution must be made directly from the Trustee of an IRA to the charitable recipient. Donors should not take the distribution themselves and subsequently write a check to charity.