Endowment - Gift Options
You will receive immediate tax benefits for gifts of cash, stock, real estate of personal property. Celebrate your birthday with a gift to the Fund’s Birthday Club. Honor a relative or friend with a gift in their name. Remember a loved one with a memorial gift.
This option allows you to make a gift while retaining income. Many deferred gifts offer immediate tax deductions.
… Annuities: Charitable gift annuities offer an income based on the ages of those who will receive payments. A portion is non-taxable. Deferred payout gift annuities delay income payments until a future date (such as retirement) and produce a higher income rate.
… Appreciated stock: Giving stock allows you to receive a charitable income tax deduction for the full market value of the stock and avoid paying capital gains tax on the appreciated value.
… Life Insurance: You can designate the Church as your policy beneficiary. If you no longer need the policy, taking this step allows future premiums to be tax deductible.
… Real Estate: A gift of real estate qualifies you for a charitable income tax deduction for the full value of the property and exclusion from capital gains tax on the transfer. You may also retain use of the property during your life, receiving a tax deduction for the value of the eventual gift.
… Trusts: Trusts produce a fixed amount or percentage of income. You can designate how funds are used and by whom. You can set up a trust now or establish one in a will.
… Wills and Bequests: You can use your will to make a contribution to the church.