You can help continue
the
mission
Have you considered: Appreciated assets — Major tax savings Increase your giving power by gifting appreciated securities. Have stock that has appreciated over the past market run-up? Gift the stock, take a deduction for the full current value, and avoid all capital gains. And if you still like the stock, repurchase it with cash and raise your cost basis. This is a great, tax-wise way to give, and multiplies your giving in ways cash can’t. Charitable Gift Annuity — Guaranteed income for life Tired of low CD rates or the variations in the stock market? A CGA can give a steady income (much of it income tax-free) for one or two individuals as long as they live at very attractive rates, and then give again to God’s work. It can be funded with appreciated assets, saving capital gains as well. A perfect way to give while benefitting for the rest of your life. This can also be done for a non-spousal family member or other individual for whom you wish to provide regular support. Personal Property — Give a gift you no longer need or want to maintain Gift artwork, collectibles, valuable coins, equipment or vehicles with significant value. If it is a gift that we can use, rather than sell, you may receive an even higher deduction for it, while saving you the challenge of selling it. What a perfect way to transform an asset you’ve enjoyed and been blessed by into a gift for the kingdom.
Contact our trust and stewardship office at (509) 242-0472
Upper Columbia Conference of Seventh- Adventis
Photo by Timo Stern on Unsplash
