Year End Giving
Thank you! We want you to know that through your connection to us, you’ve been a part of something truly amazing this past year. Miracles of healing. Salvation. Deliverances. Over and over we’ve seen God show up and demonstrate His power, glory, and love.
We know this ministry has much more to accomplish and we will be able to do just that with your help. With only a few weeks left in the year, don’t forget that this is a perfect time to give generously and benefit from the tax incentives. Sowing more seed into the kingdom is always more of a blessing than paying unnecessary taxes. The following are some examples of how you can give.
Charitable Annuity. Many donors find themselves in a position of holding cash or other assets that would make a nice gift at some time in the future but currently are needed to provide for present needs. You can contribute this property in exchange for a fixed amount of money to be paid to one or two individuals for their lifetime. You can receive a current year charitable deduction for the difference between the current fair market value of the donated property and the present value of the future income stream.
Gift of Securities. Stocks or other investments that have grown in value and that you have held for more than one year can become a substantial gift, made to us at a low net cost to you.
a. You get a charitable deduction for the full current value of these assets
b. You avoid all federal capital gains tax that would otherwise be due on a sale of the assets
Gifts of Life Insurance. As you review your year-end financial status, remember that a no-longer-needed life insurance policy is a viable gift. Policies that are paid up may be deductible as gifts for their replacement value (unless that value is greater than the tax or cost basis). Policies that still require premiums to be paid can be given, and the future premiums are deducted from annual income tax. You may qualify for income tax deductions when you name us as the “owner” and “beneficiary”. A new policy on your life naming us as beneficiary guarantees us a future gift as well.
As you contemplate the kind of year it has been and your charitable plans for the future, please feel free to call on us at 303-729-1260. We can provide you with additional information on the variety of gift options and tax saving strategies that are especially suited to end-of-the-year giving, or about other gift planning options. Together with your tax advisor, we can help you plan and implement a year-end charitable gift to us that takes advantage of available tax benefits and reflects your generous spirit.
For your gift of $50 or more, we want to send you our Lift Up Your Eyes CD which will encourage you to focus on the Great Maker of Heaven and earth and not on your circumstances. We will also send you the Seeing Jesus Bible Encounter Study Guide. Recognize Jesus in every book of the Bible and see His hand at work in your life.
Thank you for being a part of every life touched through your gifts and prayers.