Saint Luke’s Foundation Charitable Gift Options

Aug 22, 2022 | St Luke's Foundation

The St. Luke’s Foundation

Building the future of mission and ministry!

With the end of 2022 right around the corner, there are charitable gift options which may be especially helpful in your year-end tax planning.

  1. Qualified charitable distributions (QCD) from IRAs.   If you are 70½ or older, you can distribute up to $100,000 per year from traditional IRAs to Saint Luke’s and The St. Luke’s Foundation.  It will be excluded from your federal taxable income and count for your required minimum distribution (RMD) for the year.
  2. Gifts of appreciated securities.  If you own long term securities with significant capital gains, use these to make an end-of-year gift to the Church and Foundation.  You can claim an income tax deduction for the stock’s fair market value and avoid capital gains tax entirely. 

With both of these strategies, you are helping the build the future of Saint Luke’s.  For more information, contact the Rev. David Hall at (205) 802-6203 or