Charitable Gift Strategies
Planned Giving
"A planned gift is one that requires substantial planning, prayer and counsel to complete. It usually is a gift that is carefully considered by a donor in light of overall estate and financial plans."

Over 80 Percent Of Individuals Do Not Name

The Right Perspective for Effective Giving

Charitable Gift Strategies

What Action Should You Take?

Common Barriers to Planned Giving
A. Lack of education

B. Dying and not being able to meet perceived obligations

1. Before providing for spouse

2. Before providing for parents

3. Before providing for children

4. Before providing for grandchildren

C. Living beyond resources set aside

1. The fear of outliving resources is a powerful motivator

2. People with abundant wealth are not immune to this fear

3. Includes catastrophic illnesses and other emergencies

Questions that Need to be Addressed in your Financial Decisions
1. How much would a wise steward leave to their children vs. ministry causes?

2. Should resources be saved until death?

3. Have you explored ways to benefit ministry and save significant tax dollars through planned giving?

Charitable Gift Strategies
The following is a discussion of charitable gift strategies that everyone can use no matter your net worth or level of income. These strategies are only briefly explained and for further information, please contact the personal finance ministry or your professional advisor.

Outright Gifts
Gifts of our current resources that are liquid and available. Examples would include checks, cash or other assets that are easily converted into cash (e.g. vehicle)

The main benefit is that 15 to 39 percent of the fair market value of the gift is returned to the individual through tax savings

Gifts of Appreciated Property
Gifts that are not cash or checks and would have a taxable consequence if sold at a profit and can be converted to cash by the ministry. Examples would include real estate, stocks and collectibles.

This is a great strategy because the individual not only gets a charitable contribution but also avoids capital gains on the sale of the asset.

Naming a Ministry a Beneficiary
The best strategy is to name a ministry as a beneficiary for your retirement plans, including IRAs and 401k plans. This is because these disbursements will be taxable to the beneficiaries when they receive these funds. In addition these funds are taxable for estate tax purposes. It is possible that 80 percent of these funds could be taxed. A great strategy is to make provision for your family through other sources (life insurance and non-retirement funds) and gift IRAs, 401k plans to a ministry.

A ministry could also benefit by being a beneficiary in a life insurance policy or your will.

Everyone should make a calculation on how much wealth will be available for beneficiaries and ministry at their death. Prayerfully consider what would be most beneficial for your beneficiaries' spiritual growth and would facilitate investment in eternal treasures. Top

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