Charitable Gift Annuities
CGAs are a simple arrangement that involves a charitable gift and an annuity. You simply make a gift (part of which is tax deductible), and receive fixed annuity payments each year for the remainder of your life. At the end of your life, the charitable gift goes to support our work.
Did you know appreciated stocks, bonds, and mutual funds in a taxable investment portfolio can be transferred as gifts to support Kingdom work? Giving stocks provides a significant opportunity to avoid capital gain tax, receive a deduction and simplify your giving.
A charitable trust allows you to bless a ministry you care about while still providing an income for you or your heirs. With a charitable lead trust, money is paid first to the ministry of your choice for a specified amount of time. Then at the end of the trust period, the balance goes to a designated beneficiary. A charitable remainder trust reverses that order, paying your heir first.
Retirement Assets and IRA Giving
Designating a ministry as the beneficiary of your retirement account offers a number of tax advantages. Unlike individual beneficiaries, ministries are not required to pay income tax on withdrawals from these accounts, plus the sum you give will not be included in your adjusted gross income.
Gifts In Kind
Gifts in Kind refer to the practice of giving actual goods or services to a ministry versus donating the money to buy them. These types of gifts can be as creative as the person giving them!
Real Estate Gifts
Properties that can be given to us include personal residences, vacation homes, commercial property or land. Many people like to give gifts of real estate because the inherent value of the property far exceeds that of any other single asset. It’s very popular because even individuals with modest estates typically own real estate.
Point of Death Transfers
POD Transfers are a way of designating beneficiaries to receive your assets automatically at the time of your death, without having to go through probate court. They also allow you to specify the percentage of assets each person or entity will receive.
Donor Advised Funds
One of the simplest ways to give real estate, stocks, mutual funds or commodities is through a Donor Advised Fund. This is an account you create directly with us for setting aside money or assets, receiving immediate tax benefits and allowing you the flexibility to distribute gifts over time. It’s like having your own charitable giving account.