PLANNED GIVING
Christ For The Nations offers common ways to give through planned giving. So, what is planned giving?
- A major gift made as part of an overall financial and/or estate plan.
- Gifts include equity, life insurance, real estate, personal property, or cash and can be invested in an endowment fund.
OUTRIGHT GIFTS
Outright Gifts use appreciated assets as a substitute for cash and provide you with charitable deductions.
WILLS AND BENEFICIARY DESIGNATIONS
Wills and Beneficiary Designations are payable upon your passing, or at a spouse’s passing, and are exempt from estate taxes.
CHARITABLE GIFT ANNUITIES AND CHARITABLE REMAINDER TRUSTS
Charitable Gift Annuities and Charitable Remainder Trusts return income or can provide other financial benefits to you in return for your contribution.
IRA DISTRIBUTIONS
If you are 70½ years or older, an IRA charitable rollover is a great way to advance the mission of Christ For The Nations while satisfying all or part of your required minimum distributions (RMD).
Why consider an IRA charitable rollover?
- Avoid taxes on transfers of up to $100,000 from your IRA to Christ For The Nations.
- You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions.
- Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the amount of Social Security that is subject to taxation.
How an IRA charitable rollover gift works
- Contact your IRA plan administrator.
- Seek the advice of your financial or legal advisor.
- To include Christ For The Nations in your plans, please use our legal name and federal tax ID. Please let us know of your gift so we can honor your intentions and goals (many retirement providers assume no responsibility in informing nonprofits).
Legal Name: Christ For The Nations, Inc.
Legal Address: P. O. Box 769000, Dallas, Texas 75376-9000
Federal Tax ID #: 75-0859667
*Please note that IRA charitable rollover gifts do not qualify for a charitable deduction.