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Give Online Through WeShare
The financial stress of no collections will put the physical and staffing needs of the parish in serious jeopardy. We urge all who can to please consider joining the online WeShare automated giving program. Click on this link to set up automatic giving to keep our staff, clergy, and buildings ready for us when this crisis ends, as it will. After the page opens, look around WeShare at the collection opportunities and click on the yellow button, "Make a Donation", and follow directions. God bless you for your continuing sacrifices.
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Dropping Off Donations
If you would like to drop off donations or envelopes to support our parish during this time instead of WeShare, there are many ways to do so.
- You can place them in the donation boxes located in the Main Aisle of both our churches when they are open.
- You can drop them off at the Rectory during our current office hours: Weekdays 8:30 AM - 3:00 PM.
- You can place them in the donation box located in the back porch of the rectory (where H.O.P.E. food donations are dropped off) which will always be open.
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Families and Friends of Immaculate Conception & Assumption of Our Lady Parish,
Recently, Congress passed, and President Trump signed into law, the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), a $2 trillion stimulus bill, "to blunt the impact of an economic downturn set in motion by the global coronavirus pandemic." This acknowledgement by Congress, that the work of nonprofit organizations such as hospitals and churches is essential, will benefit both the donor and the charitable organization as it helps to build back up the depressed economy. Part of the CARES Act refers to charitable donations made by individuals to qualified nonprofit organizations, such as churches.
For taxpayers who do not itemize their deductions and take the standard deduction, there will be an "above the line" additional deduction allowed based upon the donations actually made to a charitable organization between January 1, 2020 and December 31, 2020. For single filers, the deduction is limited to $300 and for married couples filing jointly, it is limited to $600. Again, the deduction is only allowed if the single filer actually makes a $300 or greater donation to a charitable organization and for married couples, a $600 or greater donation. This additional deduction will reduce a filer’s adjusted gross income thereby, reducing their taxable income.For taxpayers who itemize their deductions, the cap on the allowable deduction for charitable donations will be increased from 60% of adjusted gross income to 100%.
For both situations cited above it is important to understand that this deduction IS NOT A TAX CREDIT; in other words, it does not reduce your taxes directly, only your taxable income. The ultimate effect on the amount of taxes you pay for 2020 will be based upon your tax bracket.In view of this new information regarding charitable donations, please prayerfully consider supporting Immaculate Conception & Assumption of Our Lady during this difficult economic situation. Doing so will enable us to continue to minister to the spiritual needs of our community through our digital media efforts and by continuing to support our staff and facility needs. We recommend that you speak with a financial adviser before making any financial decisions regarding the CARES Act.
Sincerely In Christ,
Fr. Anthony Sorgie
& The Staff of ICA
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