The Perfect Example

“Do not store up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal.

But store up for yourselves treasures in heaven, where moth and rust do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also.” Matthew 6:19-21

When we truly and deeply understand that everything we have is a gift from God, generosity will overflow from us. At Towne South we believe that everything we have belongs to God and He has entrusted us to be good stewards. Whether it is in the form of finances, resources, service or time, it is a believer’s responsibility to give back to the Lord. Hopefully, you’ll find the answers you need concerning giving at TSCOC on this site.

Online Giving

Towne South Church of Christ offers online giving to make the process a little easier for you.

We are switching to a new online giving provider. If you currently have reoccurring donations set up you will need to follow the link below and create a new account and it will allow you to continue to make reoccurring donations. You will still be able to access your giving history in this new system by logging in, however, you will not be able to access past history after the next couple of weeks since we will no longer be using Easytithe. We will totally make the switch in two weeks. That should give everyone a chance to create their account. The purpose of this switch is to save the church money with fee associated with online giving.

If you have never considered giving online and making regular contributions, then this is a great opportunity to set up an account and begin to give to the Kingdom work being done here in Elizabeth City. It is quick and easy to start.

One recommendation that I would give to you is to set up your donation from your bank account rather than using a Visa, etc. This was not an option before when we used Easytithe, but it is an option now. Using an ACH rather than a card saves the church on fees associated with online giving. It takes a few more steps, but well worth it.

Thank you all for your continued support of Towne South’s mission and I’m glad to serve alongside each of you as we serve the King together in this community!

“…The borrower is servant to the lender.” Proverbs 22:7 Thank you for your faithfulness and may God bless you.

Giving can be made either by one-time donations or be made as a recurring payment. 

Estate Planning

It makes sense to write a will or revocable living trust. Planning your estate allows your desires to be carried out when this life ends.

It is one of those things that must be done to have your “house in order”. (2 Kings 20:1) Planning is not just for the terminally ill or the elderly because life and health are unpredictable.

Consider a generous gift that will recognize the importance of Christian stewardship and provide funds for the Kingdom of God. Your will or trust can be a final statement and testimony of faith. A legacy of generosity truly recognizes “every good and perfect gift is from above, coming down from the Father of the heavenly lights.” James 1:17

Two Estate Planning Options

Life Insurance

Life insurance policies that are no longer needed sometimes make excellent charitable gifts. It is relatively simple and usually only requires signing a few forms your insurance agent can provide. By signing these forms you make Towne South Church of Christ the owner and/or beneficiary for the policy.

If Towne South is made owner, and if you continue to pay premiums for the policy, you may be able to deduct the amount of premiums paid each year. Further, if the policy is whole life, meaning it has cash value, your tax deduction may be the amount of this value on the date of the gift.

Naming the church as beneficiary for part or all of a life insurance policy is a relatively easy way to make a gift as part of your estate plan.

IRA or 401(k) Accounts

Qualified retirement plans, such as traditional IRA accounts or 401(k) plans, are “pre-tax” dollars and this means the individual who receives them upon your death may have to pay income taxes when the money is withdrawn. There are IRS rules about minimum required distributions. However, you have the option of naming Towne South Church of Christ or other qualified organizations as beneficiary of all or a portion of these accounts. Your estate will avoid paying income taxes (called “income in respect of decedent”), and possibly estate (death) taxes.

If this estate planning strategy fits in your overall goals for stewardship, it may be an excellent choice. Your tax advisor will be able to help you decide.