Why Give This Way?
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First and foremost, with a generous donation, you’ll be
building God’s kingdom by helping people in need
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Second, you’ll be helping yourself! Donating real estate
to a non-profit like our church can allow the owner to
receive charitable tax deductions based on the fair market
value of their property.*
* value determined by an independent appraisal
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Donors avoid paying capital gains taxes on the property
when donating to charity.
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Tax benefits are long-lasting, meaning it will cover the
donor for up to five years!
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Donors receive complete freedom from the tax previously
paid on the property.
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No longer obliged to pay maintenance or any other fees
the property incurred
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Freedom from liability and insurance
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Peace of mind knowing that your property is no longer a
drain or burden
How Planned Gifts Benefit the Donor
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With planned gifts, donors have more control over where
their money goes than with most annual gifts. Planned
gifts are generally part of a legal contract like a donor’s
will. This means the donor can include language that
allocates how or where they want their charitable
contribution to be spent.
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Tax savings are always the second biggest reward; (the
first will always be the people that you help). This is
especially beneficial when it comes to appreciated
properties and securities. A planned gift can help donors
reduce income tax and also benefit from a reduction of
capital gains tax.
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Through planned gifts, donors leave a legacy behind after
they pass. Whether leaving a bequest as a tribute to a
family member or to create a legacy for themselves,
donors benefit from planned gifts because they can make
a lasting impact on a cause that’s meaningful to them.
How Planned Gifts Benefit the Church
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A major benefit of planned giving for nonprofits is
providing a promise of future funding. There are plenty
of ways to give a planned gift; but, in general, a church
like ours will probably be put into a will.
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Planned giving programs offer nonprofit charitable
organizations, like our church, the highest return on
investment in comparison to other fundraising types. A
win for both our church and our donors - more principle
going to the meaningful cause of the donor; less going to
processing fees.
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Many people don’t have the means to make annual or
major contributions during their lifetime. However, that
doesn’t mean they wouldn’t do so in a heartbeat if
presented with the opportunity. Planned giving opens
doors to giving opportunities that fit well for a variety of
supporters.
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Those who participate in planned gifts would like to be
involved in the church’s activities long-term. This
wonderful data provides the church with financial support
and also a strong brain-trust!
Let our Planned Giving representative answer your questions.
Your generosity makes a
difference!
PHILLIPS FIRST PRESBYTERIAN CHURCH
A PRESBYTERIAN PCUSA CHURCH