Deferred Giving: WAYS TO GIVE
What type of gift would you like to make?
I want to make a gift now.
You may give cash, stock, real estate, personal property or other assets. An
outright gift accomplishes three important tax objectives: 1) a charitable income
tax deduction in the year of your gift, 2) the reduction of your gross estate for
future estate tax purposes and 3) the elimination of capital gains taxes for gifts of
appreciated property.
I want to give through my will.
A bequest is a simple way for you to make significant, lasting gifts to the Baptist
Student Foundation, while possibly reducing the federal estate tax and
inheritance tax due at the end of your lifetime. Consider leaving a percentage of
your estate to the Baptist Student Foundation in your will.
I want to receive income now as well as help Baptist Student
Foundation causes.
A charitable gift annuity can be established now and you will receive income for
the remainder of your life. You will receive a partial tax deduction in the year of
the gift. The residual of the annuity will benefit the Baptist Student
Foundation.
I want to donate my Individual Retirement Account (IRA)/
Retirement Plan or Life Insurance Policy.
You can simply name the Baptist Student Foundation as the beneficiary of
your IRA or other retirement plan. Advise the Baptist Student Foundation of
your decision, stating by letter your charitable distribution wishes. In like
manner, you can designate the Baptist Student Foundation as your life
insurance policy's beneficiary, and your gift will be distributed according to your
written intentions.
You have many tax-advantaged options for giving that can reflect your unique situation and particular wishes.
For more information on these and other ways to give, and their tax
advantages, contact the Baptist Student Foundation director to schedule a
meeting:
Baptist Student Foundation Executive Director
Phone: (217) 344-0484
The services of the Foundation are offered without cost or obligation.