132 E JOHN ST • BEDFORD, PA
BEDFORD UNITED METHODIST DAYCARE Closing Statement -3/16/2020
After many years of prayer and pursuing every option to keep the Daycare in operation, the board of the Bedford United Methodist Church believes the time has come to close the Daycare, effective May 29, 2020.
The decision comes after difficulty in securing qualified Daycare personnel at an affordable compensation, numerous state regulations and years of significant financial losses.
We are sorry for the inconvenience to parents and children in this decision. We pray and believe the Lord will make a way for all involved to find other avenues of daycare and positions.
A $500.00 scholarship is available
to a female member of the church
who is beginning postsecondary education. Due date - May 4th
Lorraine Beeman Scholarship Program
If you are over age 72, have a traditional IRA, support the local church and don't want to pay
unnecessary federal income tax, this article is for you. In 2018, the Tax Cuts and Jobs Act almost
doubled the standard deductions amounts for 2018-2025. As a result, you only get a tax benefit from a charitable donation if your total itemizable deductions exceed the standard deduction. Making a Qualified Charitable Donation (QCD) has potential tax-savings advantages. A QCD is a donation that is given directly from your IRA to the church. The main benefit to handling your tithe in this manner is that the QCD will not be included in your adjusted gross income. It will reduce the amount of taxable income, while still allowing you to take the standard deduction. If you don't plan to itemize deductions, your donation to the church will not deliver any tax savings, but a QCD will. If you replace some of your required minimum distribution for 2020 with a QCD to BUMC you will realize a reduction in federal taxes. Your financial advisor will be able to confirm if this is a good option for you. Please reach out to me if you think that this method of giving may benefit you and I will be happy to explain it further.