Endowment

YOUR GOAL – Avoid tax on capital gains

HOW TO GIVE – Contribute long-term appreciated stocks or other securities

POTENTIAL BENEFITS – Immediate charitable deduction, avoid capital gains tax

YOUR GOAL – Avoid the twofold taxation, make a donation from IRAs or other employee benefit plans

HOW TO GIVE – Name First Church Endowment as the beneficiary of the remainder of the assets after your lifetime

POTENTIAL BENEFITS – Allows you to make the gift from the most highly taxed assets, leaving better assets for the family

YOUR GOAL –  Use your account funds while you need it

HOW TO GIVE – Name First Church Endowment as the beneficiary of POD (payable on death) of your account

POTENTIAL BENEFITS – No hassle transfer

YOUR GOAL – Make a large gift with little cost to yourself

HOW TO GIVE – Change ownership of a life insurance policy you no longer need.

POTENTIAL BENEFITS – Current income tax deduction, possible future deductions through gifts to pay policy premium

YOUR GOAL – Use your home or other rental property to benefit First Church Endowment Fund

HOW TO GIVE – Give First Church the property outright or give First Church a remainder while retaining a Life Estate for yourself

POTENTIAL BENEFITS – Your tax benefits vary, depending on the method you choose

YOUR GOAL – Supplement income with steady payments that are partially tax free

HOW TO GIVE – Establish a charitable gift annuity contract with First Church Endowment that pays a set amount for life

POTENTIAL BENEFITS –  Current and future savings on income taxes, fixed payments for life for one or two individuals

YOUR GOAL – Pass part of your family assets to your family while reducing or eliminating gift tax/estate tax or capital gains tax

HOW TO GIVE –  Transfer assets into a trust, either a Charitable Remainder Trust or a Charitable Lead Trust

POTENTIAL BENEFITS – Depending – reduction of gift and estate taxes, protection of the asset for your heirs, removes the asset from your estate