The Internal Revenue Service requires that, in order to be tax deductible in 2022, cash, check or credit card contributions to St. Martin’s Episcopal Church must be received by the Church or postmarked by the United States Postal Service no later than Friday, Dec. 30, 2022; this includes any payments to your 2022 pledge, prepayment of your 2023 pledge and payment of your Building for the Ages pledge. The Finance staff is required to check the postal cancellation dates on all receipts in early January to ensure our legal compliance to this rule.
Year-End Gifts of Stock or Other Securities
Gifts of stock or other securities must be posted to our brokerage account by the close of business on Friday, Dec. 30, 2022, in order to be tax deductible in 2022. We strongly suggest that stock transfers be initiated by mid-December and that you advise the Finance Office of the pending transaction.
St. Martin’s is required to comply with these IRS guidelines in order to maintain our charitable tax status as delineated under the IRS Code section (501)(c)(3). Online payments via credit card can be made here.
Becky WerllaCPA, Comptroller