Tax guidance
Main Street Presbyterian Church is a 501(c)(3) tax-exempt organization. Contributions to Revitalization 2029 are deductible to the extent permitted by law.
- Recipient
- Main Street Presbyterian Church
701 Main Street, P.O. Box 26
Columbus, MS 39703-0026 - Tax identification number
- EIN 64-0350400
- Tax years addressed
- 2026 · 2027 · 2028
Before you read further
This page summarizes general charitable tax considerations prepared as part of the Revitalization 2029 campaign communications. It is not tax advice, and it does not account for your circumstances. Please consult your own financial or tax advisor before making a gift, and rely on their guidance rather than on this summary.
A gift can be both an act of faith and a sound financial decision
A multi-year pledge to Revitalization 2029 allows a household or business to support the campaign across the 2026, 2027, and 2028 tax years, so that the gift is planned rather than improvised. The considerations below are particularly relevant to residents and entities in Mississippi and Alabama, and they apply differently depending on how you earn, hold, and give.
Nothing here changes the reason for the campaign. It simply means that generosity, structured well, can go further than generosity structured carelessly.
Individuals and families
Contributions may qualify for a federal charitable deduction and may reduce state income tax liability. A pledge paid over the 2026–2028 tax years lets a household give more in total than it could comfortably give at once.
Business owners
A charitable contribution can reduce taxable income while placing the business’s name behind a renewal that its own community will use for decades.
Retirees
Donating appreciated stocks or bonds rather than cash can avoid capital gains tax while allowing a deduction at fair market value — often the most efficient way for a retiree to make a substantial gift.
Institutions, foundations, and endowments
Revitalization 2029 is a defined, architect-priced capital project with a published line-item estimate, which makes it suitable for a strategic philanthropic investment in a nearly two-hundred-year-old institution.
Active and retired military
Gifts from active-duty and retired service members and their families are fully deductible under the same federal and state provisions that apply to other donors.
Non-cash and deferred gifts
Gifts of stock, gifts from a donor-advised fund, and other non-cash contributions are accepted. The church arranges these directly; ask for Henry Pilkinton or Danny Williams.
Structuring a client’s gift
Advisors working with clients in Mississippi and Alabama may find Revitalization 2029 a useful vehicle for charitable planning across the 2026, 2027, and 2028 tax years. Three approaches recur most often.
Adjusted gross income
A charitable contribution to the campaign reduces the client’s adjusted gross income within applicable limits, which can matter well beyond the deduction itself.
Appreciated assets
Gifts of appreciated stocks, bonds, or real estate may be deducted at fair market value while bypassing long-term capital gains tax — frequently the difference between a gift a client can make and one they cannot.
Qualified charitable distributions
For clients aged 70½ and older, a qualified charitable distribution can satisfy required minimum distributions without increasing taxable income.
Each client’s facts govern. Applicable limits, carryforwards, substantiation requirements, and state treatment should be confirmed against current law for the year of the gift.
Advisor inquiries
Advisors may contact the campaign communications office for documentation, the line-item estimate, or the printed tax materials.
Douglas USA LLC Fundraising
+1 (662) 889-3255
clarity@douglasusa.com
For gift acceptance itself — stock transfers, donor-advised fund grants, and other non-cash gifts — the church’s own contacts are Henry Pilkinton and Danny Williams at Main Street Presbyterian Church.
Douglas USA LLC Fundraising prepared the campaign’s communications. It does not provide tax, legal, or investment advice, and does not receive or administer contributions.
The campaign’s tax documents
Two documents were produced for the campaign: one written for donors, one written for the accountants, attorneys, and financial advisors who counsel them. Both are reproduced here as issued.
Donor tax advantages
Charitable tax advantages of supporting Revitalization 2029, written for individuals, business owners, retirees, institutions, and military households.
Advisor tax planning
Charitable tax planning notes for accountants, attorneys, and financial advisors, covering AGI reduction, appreciated assets, and qualified charitable distributions.
When the structure is settled, the pledge is simple.
Record a pledge online, or download the printed pledge card and return it to the church. The card also offers an annual pledge of up to four years, which may extend a commitment beyond the 2026–2028 tax years addressed above.