Methods
of Giving
Donors may
make commitments to the Capital Building Campaign in the form of pledges, cash, property, securities, real estate, and planned
gifts. Pledges can be fulfilled over a five-year period, in whatever increments are most appropriate to you.
Gifts from Current Income
An individual can deduct a percentage of his/her adjusted gross income,
depending upon his or her circumstances. The higher the donor's income, the greater the tax savings. Gifts of
current income can be spread out over a number of years to take full advantage of tax deductions.
Gifts of Property
Deducting the full market value of your gift on your tax return reduces your personal tax cost. The
donor also avoids payment of capital gains tax on any appreciation in the value of the property.
Gifts in the Form of Stock, Securities or Real Estate
A gift of stock, securities or real estate that has increased in
value can be one of the most advantageous ways of giving. Gifts of this type allow the donor to make the following choices:
1. Make a significant gift without affecting
his or her standard of living.
2.
Avoid paying the sizable income tax on the appreciation of the stock, securities or real estate that would occur if the donor
sold them.
3.
Secure a Federal Income Tax Deduction
Gifts from Bequests
A
bequest, the act of giving by Will, to the church will result in a greater amount passing to the donor's heirs because of
the tax savings now, in addition to future inheritance tax savings.
Gifts of Life Insurance
A donor may make the church's Capital Building Campaign the beneficiary of a life insurance policy.
His or her premium payments then become deductible for income tax purposes. A new policy may be taken out in the name
of the church or an existing policy may be gifted to the church.
Corporate Matching Gifts
Contact your employer to see if there is a corporate matching gift program. If so, this could effectively
double your own gift.
