IRA distributions
If you’re over 70 1/2 years old and have to satisfy a required minimum distributions (RMD) from your IRA each year, consider giving to St. Peter’s and enjoying the extra tax benefit. By authorizing a distribution from one’s IRA, paid directly to St. Peter’s, several St. Peter’s members have found this satisfies the requirements of a “qualified charitable distribution,” earning tax-free treatment. This provision applies to traditional IRAs only, not 401(k)s. If you’d like to give to St. Peter’s from your IRA, please have your distribution made payable to St. Peter’s Lutheran Church and sent to St. Peter’s mail address (1803 Highway 1431, Marble Falls, TX 78654), Attn: Coiece Pyle. Please contact our Treasurer, Coiece Pyle (treasurer@splcmf.org), if you have questions about giving via stocks or IRAs distributions.
Endowment Fund
Nothing is better than a gift that keeps on giving. The Endowment Fund enables St. Peter’s to support and extend the mission of this congregation through wills, life insurance, gift of monies, securities and real estate, and trusts. Through a yearly discernment process, a portion of the Endowment Fund is given away to support the work and ministry of those in our community and around the world. For 2023, the St. Peter’s Endowment Fund dispersed a total of $2,861, split between the Boys & Girls Club and the Southwestern Texas Synod mission. For more information contact Treasurer and Endowment Committee Member, Coiece Pyle (treasurer@splcmf.org).
