Smart and Powerful Giving
Increase Your Impact Through Planned Gifts
Your gifts help Reformed Mission Services demonstrate Christ's compassion through local churches for the advancement of the GOSPEL! But did you know… Planned gifts offer you smart and creative ways to increase your impact — often while benefiting your family, too. By understanding the available options, you can multiply the end results of your generosity in ways that are simple, flexible, cost-effective and extraordinarily powerful.
THERE ARE THREE MAIN WAYS TO INCREASE YOUR IMPACT THROUGH PLANNED GIFTS
Gifts That Reduce Taxes | Gifts That Pay You Income | Gifts in a Will
GIFTS THAT REDUCE TAXES
Most charitable gifts are in the form of cash because this is so familiar, but this is probably not the most cost-effective way for you to give. You may be able to increase your potential impact — and experience significant tax benefits — by giving stock, real estate or other non-cash assets.
EXAMPLES OF NON-CASH ASSETS:
- Stock or marketable securities
- Real estate
- Business interests
- Farm commodities
- Life insurance
- Retirement accounts
- Tangible personal property
GIFTS THAT PAY YOUR INCOME
Lifetime income gifts are wonderful solutions for Christians who wish to give in a substantial way, but are concerned about retirement income. You can gift cash or other property, and receive steady income for the rest of your life (or a designated number of years). The remainder will go to benefit RMS.
KEY BENEFITS:
- Secure income payments for life.
- Give property you no longer need or care to manage (such as rental property or vacation homes) to benefit God’s Kingdom.
- Receive an income tax deduction at the time of your gift.
- Reduce capital gains tax when funding your gift with appreciated assets.
GIFTS IN A WILL
Your will (or trust) is your final act of stewardship and care, a means to purposefully allocate your resources to support the people and causes you hold dear. By including charitable giving in your will, you model a legacy of generosity to your loved ones, and you help ensure that RMS continues to have an impact, well beyond your lifetime.
PERCENTAGE OR TITHE
Many individuals choose to allocate a certain percentage of their estate toward charity, sometimes dividing this amount among multiple organizations. Some designate 10 percent of their estate toward Kingdom causes, wishing to reinforce to their families the biblical concept of tithing.
CHILD NAMED CHARITY
Some families choose to add a “child named Charity” to their will or trust. For example, if a couple had four children, each of the four children would receive 1/5 of their estate, and the remaining 1/5 would go toward the couple’s favorite ministries.
INCREASE YOUR IMPACT
Through our membership with Barnabas Foundation, you have complimentary access to trusted, biblically-based conversations with a Christian planner.
A planner will help you...
- Understand the options available to you, in a way that is clear and easy to comprehend.
- Ensure your will reflects your family and charitable goals.
- Give stock, real estate, or other non-cash gifts while reducing your taxes.
- Make gifts that provide your family with income for life.
- Establish a Stewards Fund (donor-advised fund) account to streamline and simplify your giving.
Learn more by contacting our Promotions Coordinator at jim@rms.org or by calling 712.541.4150
