Before the Ball Drops - Invest in LUM
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Tax Deductible Gift for 2019 - Last Chance
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While preparing for joyous celebrations with your friends and family, it’s important to stop and reflect on the joy and blessings in your own life while also being aware that not everyone in your community is so fortunate.
As you gathering with loved ones, exchanging gifts and enjoying a meal, please consider setting aside part of your budget to support the work of
Lafayette Urban Ministry with a
tax-deductible charitable donation.
If you review the list on the right, you will see that LUM provides a number of essential services to needy families and children in our community. LUM appreciates your support of our mission, services and programs.
Explore our
website to see how you can make your donation to LUM more meaningful to you.
The donation process has been simplified allowing supporters to donate online, by phone, in person or by mail.
Donate Online by clicking the button below -or-
Call us at 765-423-2691.
Mail or Drop off your donation to the LUM Office, 420 N 4th Street, Lafayette, Indiana 47901.
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During the past year, the Lafayette Urban Ministry served
4,723 families
through one or another of our 22 programs.
- 221 at-risk youth learned and grew because of LUM’s 5th Quarter, LUM Camp and enhanced After School Programs
- LUM’s Overnight Shelter continues to compassionately serve the chronically homeless in our community. LUM’s shelter and overnight winter warming station will serve more than 930 homeless individuals during 2019.
- LUM’s Tax Preparation Program served 399 low-income workers, returning to them more than $906,000 in tax credits and refunds
- LUM’s Good Samaritan Program serves up to twelve families each day – families that are in the throes of eviction, utility disconnects, health care or transportation emergencies. LUM has aided more than 1,136 such families so far this year.
- More than, 1,291 individuals received emergency food from our LUM Protein Food Pantry.
- The Community Thanksgiving Celebration Celebration served 900 meals
- LUM’s ID Clinic served more than 200 clients
- Our Legal Immigration Program served 122 individuals
- And of course Jubilee Christmas –1,828 children!
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Plan Ahead for 2020 - Consider a Legacy Gift
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What better goal for the upcoming
NEW year than to create your own personal legacy by continuing your support of the mission of
Lafayette Urban Ministry beyond your own lifetime? During our lifetimes, we support the families in our community with our gifts to LUM, but creating a legacy through
Planned Giving means our ministry will continue for all perpetuity.
Giving to Lafayette Urban Ministry is a win-win Estate Planning strategy for you (the donor) and LUM. In addition to the altruistic benefits, your charitable gift to Lafayette Urban Ministry brings tax relief — and also allows you to make a larger gift to LUM than you could make from your income alone. Whether you use
cash, appreciated securities/stock, real estate, artwork, partnership interests, personal property, life insurance or a
retirement plan, the benefits of Estate Planned Gifts can make this type of donation attractive to you as a well as LUM.
The kind of help provided by Lafayette Urban Ministry to this community doesn’t happen automatically and won’t happen without your support.
Jesus said, “Come to me, all you who are weary and burdened, and I will give you rest.” At the Lafayette Urban Ministry we take those words seriously.
We know that offering homeless people food and shelter and lightening their load is the first step to helping them build better lives. But we also know it’s only the first step. That’s why
LUM offers dozens of innovative programs of service, assistance, self-help, education and
social justice advocacy. There will always be the poor, the sick and the disenfranchised in our world. We will always need to help provide these vital services to the families in our community. We hope you’ll help this important work to continue by giving generously.
Meet with your professional advisor to learn how informed estate planning can increase the overall value of your estate with a gift of tax-burdened assets (like IRAs, 401(k), or savings bonds) to Lafayette Urban Ministry.
We hope you would consider a legacy gift that would support Lafayette Urban Ministry in your plans. Create your legacy this new year to support the mission of LUM now and beyond your lifetime.
We are ready and willing to help you leave a legacy and fulfill your philanthropic goals of supporting LUM. If you are interested in beginning the conversation, please email or call Joe Micon, LUM executive director, who is eager to meet with you (
jmicon@lumserve.org | 765-423-2691). To give to LUM online, click the button below.
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Consider an IRA Charitable Rollover to LUM
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Satisfy Your Required IRA Distribution & Pay No Tax
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DID YOU KNOW?
If you are 70½ or older, you are required by the IRS to take required minimum distributions from your IRA(s) each year. When planning your IRA withdrawal strategy, you might consider making charitable donations to Lafayette Urban Ministry through a Qualified Charitable Distribution, also known as an IRA charitable rollover. Since LUM is a qualified 501(c)(3) charity, your gift can be made directly from your IRA to LUM. The ADVANTAGES are as follows:
- It’s an easy way to make an investment in LUM from one of your major assets.
- It satisfies all or part of your annual mandatory distribution requirement at age 70½ and older.
- It is excluded from income so you pay no federal tax on this amount, and avoid potentially being moved into a higher tax bracket.
To calculate your mandatory minimum withdrawal use the IRA Required Minimum Distribution Worksheet, click
HERE
. Once you’re ready, direct the administrator of your IRA(s) to make the charitable distribution(s) directly from your IRA(s) to Lafayette Urban Ministry, Inc. For a sample letter to your IRA administrator, click
HERE
. For more information, you may email or call the LUM executive director, Joe Micon (
lum@lumserve.org
| 765-423-2691).
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