(For one time gifts or recurring tithes and offerings!)
All of us can give our tithes and offerings online now. There are a few different ways we’re able to give. First, you can give through the church website. It’s easy to sign up and doesn’t take much time. You can also give through our mobile giving app, available for both Apple and Android devices. We’re also going to be offering text giving. We will be publishing the number to text in the bulletin.
We know a lot of us are stuck in our ways, but by being able to give online now, we can set up how often we want to give, how much we want to give, and where we want to give to. I encourage all of you to pray about how God is calling you to give and be a faithful and obedient steward in our mission of making disciples.
In 2 Corinthians Paul gives us a great reminder of the call of stewardship to the Church. He says these words: “The person who sows sparingly will also reap sparingly, and the person who sows generously will also reap generously. Each person should do as he has decided in his heart—not out of regret or out of necessity, for God loves a cheerful giver. And God is able to make every grace overflow in you, so that in every way, always having everything you need, you may excel in every good work.” -2 Corinthians 9:6-8 (HCSB)
For more information, you can go to the church website, or ask one of our staff members.
* There is a small fee of $3 per transaction for this convenience!
Cash & Checks
Cash and checks are the most common way donations are received by the church. Our church sends out giving statements to ensure we are properly recording any gifts you have given. We also normally include flyers or a “Faith & Finances Newsletter” with helpful information about church finances and financial ministries
Electronic Funds Transfer
You can give electronically to our church or if you would like, set up your checking or savings account to give your regular tithes and/or offerings through a regularly scheduled electronic funds transfer. Contact the office or your financial institution for information on how to do this.
Some individuals like to make special year-end gifts to support our ministry. Because all gifts to the church are subject to IRS deadlines, please remember that all year-end gifts must be received in the church office before midnight on December 31st, or must be postmarked before the end of December to be deducted in the present tax year. Any gifts received after December 31st and not postmarked in December will be included in the next tax year. The date written on a check will not determine in which tax year a gift is included. Only the actual date of receipt by the church or the postmark will establish the correct tax year for the IRS.
The church provides giving envelopes in the Sunday School Classes. Any gifts received by the church in these giving envelopes will be tracked and sent out in an annual statement.
Stock & Mutual Funds
It is possible to transfer stocks and mutual funds directly to the church. If this is done with securities that have been held for more than one year, the giver will be able to deduct the full fair market value of the securities and avoid paying any capital gain tax. If, however, the securities are sold first and then the proceeds are given to the church, the giver will still have to pay capital gain taxes to the I.R.S. A little planning in this area can help you take full advantage of the tax benefits allowed by the government. Please call the church office on how to EASILY transfer stocks and mutual funds from your account to the church’s account for the best tax advantage.
Personal Property (Gifts-in-kind)
Over the years, the church has been given automobiles, computers, office furniture, furniture/furnishings, and more. WE gratefully accept all gifts-in-kind that we can truly use, or we try to direct givers to other ministries that have specific needs. Gifts-in-kind can be a little more complicated due to I.R.S. regulations, but we will be happy to help you with the process. Please contact the church office to discuss any possible gift-in-kind donations. We will then determine if and how we can use the items and if you need assistance in having the items picked up or if you’ll drop them off yourself.
In general, gifts of real estate have the same tax benefits as giving appreciated securities. If the property has been held for more than one year, the giver can typically take an income tax deduction for the full fair market value and avoid capital gain tax on the appreciated portion of the property. It is also possible that other benefits can include savings in estate taxes and avoiding probate. Please call the church office on how to transfer real estate from your account to the church’s account for the best tax advantage.
Churches can benefit from life insurance policies. If the original purpose for a life insurance policy no longer exists, you can make the church the owner and beneficiary of the policy and receive a tax deduction. The deduction can be taken immediately and the amount of the contribution is typically the replacement value or cost basis of the policy.
Charitable gift annuities can be set up where the giver receives an immediate tax deduction on irrevocable gifts to the church, but will also receive fixed income payments from their gift for the rest of their life. Please call the church office at (903)849-6042 for more details or assistance.
Wills, Bequests & Estate Planning
A charitable gift can be given to the church through your will or other estate plans. Such a gift can be used to honor the Lord from the financial increase He has given you during your lifetime (Prov 3:9, 10) and can benefit your church in wonderful ways. This type of gift can also be helpful to appropriately avoid estate taxes. If you choose to include the church in your will or estate plan, please let your attorney know the church’s name and address. Further, Please communicate to your attorney that the church is a 501(c) (3) organization incorporated in the state of Texas, Please contact the office for the tax ID and our FED ID.
If you have already included the church in your will, please let us know so that we can say “thank you.” Don’t forget that qualified retirement plans will be considered part of your estate at death, but if handled correctly they can also be deductible from the estate as charitable gifts. If you would like assistance from our church or denomination with estate planning, call the church.
Many of the ways to give mentioned above can be very effective if utilized correctly. If you don not know a qualified Christian CPA, financial planner, tax attorney or estate planner, to help with your financial plans & charitable giving goals, please contact the church office at (903) 849-6042.
Information about our church’s finances
Our church is financially dependent on God’s provisions. These provisions primarily come through the generous and faithful gifts of the people who care about the ministry of this church.
Our church’s annual operating budget is approved by our congregation in our December church conference. We also have a list of pending special projects and future purchases that are planned. You can find information about them on the church webpage at www.wlbcc.com
A finance team of 7 church members oversees the proper use of our church’s finances. A report is given to the church in the monthly business conference.
11% of our annual budget goes to support Christian mission workin our community, country and world. In addition to that we have special Mission offerings throughout the year to support mission work through the Southern Baptist Convention.
Giving statements are sent out annually and monthly financial reports are made available to the church. If you ever have any questions about your giving records, please contact the financial secretary in our office at (903) 849-3421.
Designated gifts are welcome in our church. Special gifts can be designated for approved building projects, capital improvements, benevolence needs, missions and ministries within our church. We ask the designated giving be “over and above”people’s regular giving so as not to hurt our general giving that takes care of our staff, missionaries, ministries and facilities.
The church thrives on volunteer service. We believe each person has been gifted by God to serve in and through the church, and we want to help you get connected where you can find the joy of serving. Please check areas in which you are interested in helping and submit this form.
Thank you for your cooperation and faithful service!
We also required that you be over 13 years old to complete the form online. If you are a child you need to speak with the leadership to let them know you are interested in volunteer opportunities that are age appropriate.
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