Options for Year-End Giving from Georgia United Methodist Foundation
From the Georgia United Methodist Foundation
And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.
|Options for Year-End Giving
As you prepare for Thanksgiving, it's the perfect time to reflect on how God has blessed you to be a blessing. God's word in 2 Corinthians 9:11-12 promises that you will be enriched in every way so that you can be generous on every occasion...and that this service you perform is not only supplying the needs of the Lord's people but is also overflowing in many expressions of thanks to God.
If you are like many of us, you may already be thinking about ways you can make end-of-year gifts that will benefit your United Methodist church or favorite charity. There are many ways to make a year-end gift, other than a cash gift, and still enjoy valuable tax benefits. Here are just a few of the options you might want to consider for your end-of-year planning. You may also click here to view this article on our website at www.gumf.org.
|Gift of Your Property
Do you have CDs, stocks or bonds that are producing little or no return? Why not make a gift of these low-performing assets to the Georgia United Methodist Foundation on behalf of your United Methodist church or favorite charity and receive a charitable deduction? You can also give your real estate, art or other property, and benefit from a deduction.
|Gift of Your Property for Income
If you are looking for income in the future, why not make a gift of property to fund a charitable gift annuity or charitable remainder trust through the Georgia United Methodist Foundation? Your property can be sold tax-free, and you may receive income for the rest of your life. With a charitable gift annuity, this income is fixed so there is the possibility that some of your payment will be tax-free.
|Future Property Gift
Did you know there are gifts everyone can make to benefit from charitable giving? If you don't want to give your stock or real estate today, you can still enjoy your property during your lifetime while making a gift to the Georgia United Methodist Foundation for the benefit of your United Methodist church or favorite charity through your will or trust. A bequest of your property will provide your estate with an estate tax charitable deduction, which means the money saved can go to your loved ones.
|Charitable Gift through IRA Rollover
If you are 70-1/2 years old or older, the Federal government permits you to rollover up to $100,000 from your IRA to your United Methodist church or qualifying charity without increasing your taxable income or paying any additional tax. These tax-free rollover gifts could be $1,000, $10,000 or any amount up to $100,000 this year and will satisfy your annual required minimum distribution. The Pension Protection Act of 2006 is set to expire onDecember 31, 2013, so if this is of interest to you, you must act soon.
|Contact the Foundation
To learn more about these options for end-of-year gifts, or to view an illustration of the benefits of making a gift of your property, please contact the Georgia United Methodist Foundation at 770-449-6726, 877-220-5664 or firstname.lastname@example.org or visit www.gumf.org. We look forward to helping you meet your year-end goals!