Non-Cash Gift Options
Are you looking for opportunities and ideas of how to make the most of your giving before year’s end? Consider these:
Give appreciated stock that you have owned for 12 months or more. You can give away your capital gain taxes with the stock, and receive a charitable tax deduction for the full value of the stock – and have the joy of benefiting global missions through ABWE.
Appreciated Real Estate
Give appreciated real estate that you have held for 12 months or more. Just like stock, you can give away the tax on capital gain with the property and receive a tax deduction for the appraised value of the gift. ABWE enjoys the benefit of the full value of the property.
Give appreciated stock or real estate to fund a charitable trust which will provide you an income for life, a current tax deduction, and a future gift to global missions.
Charitable Gift Annuity
Give appreciated stock or cash to fund a charitable gift annuity that will provide an income for life, a current tax deduction, and a future gift to global missions.
Individual Retirement Account
If you are over 70 ½, give from your Individual Retirement Account and avoid bringing in additional income that may increase your taxes. For many, this is an efficient way to support missions.
Provide for global missions with a future gift through thoughtful estate planning. This might be through a will, a trust, or by way of beneficiary designation on life insurance or retirement plans.