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Learn More:
The links below will bring you a wealth of information. You may want to begin by looking at our "What is the best way to ...?" chart for an explanation of how different gift vehicles help meet certain needs. Wills and BequestsGlossary of Charitable Giving Terms
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What is the best way to . . .
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If your goal is to: |
Then you can: |
And your benefits may include: |
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Make a quick and easy gift. |
Simply write a
check now, or give through our secure online process.
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An income tax deduction and immediate impact on us. |
| Learn More about Charitable Giving Ideas | Read our Gift Planning Options Fact-Sheet. | Helps you focus on which type of gift could benefit you the most. |
| Leave a Legacy of Your Support |
Name the Mission as a beneficiary in your Estate Plan. |
Continues your
investment in the Ministry after you are gone.
Your gifts are exempt from federal estate tax. |
| Make a revocable gift during your lifetime. | Name us as the beneficiary of assets in a living trust. | Full control of the trust terms for your lifetime. |
| Avoid tax on capital gains. | Contribute long-term appreciated Property such as stock, real estate or other securities. | A charitable deduction with no capital gains tax. |
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Receive guaranteed fixed income that is partially tax-free. |
Create a charitable gift annuity. |
Current and future savings on income taxes, plus fixed, stable payments. |
| Avoid the double taxation on IRA, 401k or other Retirement plans. | Name us as the beneficiary of the remainder of the retirement assets after your lifetime. | It lets you leave your family other assets that carry less tax liability. |
| Make a large gift with little cost to you. | Contribute a life insurance policy you no longer need. | Current and possibly future income tax deductions. |
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Turn an Appreciated Asset into a Lifetime Income, then leave it to the organizations you care about. |
Create a charitable remainder trust. |
It gives you tax benefits and often boosts your rate of return. Fixed payments for life while avoiding market risks. (Annuity Trust) Hedge against inflation over the long term. (Unitrust)
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| Give your personal residence or farm, but retain life use. | Create a charitable gift of future interest, called a retained life estate. | It gives you tax advantages plus use of the property. |
| Give income from an asset for a period of years but retain the asset for yourself or your heirs. | Create a charitable lead trust. | Asset is returned
to the donor or heirs with federal estate tax savings and income tax
deductions for income donated.
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| Avoid capital gains tax on the sale of a home or other real estate. | Donate the real estate to us, or sell it to us at a bargain price. | An income tax reduction plus reduction or elimination of capital gains tax. |
Return to the contact page or to the Ministry Support home page.
Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in this Ministry Support section has been developed for Panama City Rescue Mission by John R Frank Consulting Group, Inc. Please report any problems to webmaster.
Revised: 05/29/2008
