Gifts of Cash
The most common way of supporting the Billy Graham Evangelistic Association (BGEA), an outright gift can come in the form of a cash gift, a pledge, or a planned gift that generates income. All outright gifts are tax deductible as provided by law.
Stocks, bonds, and mutual funds are the most common type of Securities in a person’s portfolio. If you are looking to give Securities, it’s important to know if they have increased or decreased in value since you purchased them. If your Securities have increased in value over time, giving the Securities directly will enable you to avoid capital gains taxes while potentially providing a charitable deduction for the fair-market value of your gift.
In circumstances where your Securities have depreciated, you will be better off selling them and donating the proceeds. This allows you to receive a deduction for your capital loss plus a charitable deduction for the amount given.
For assistance in making a gift of Securities or if you have additional questions, please call us at 1-877-243-2202 or contact us.
Any type of Real Estate you own can be donated to BGEA: house, farm, rental property, business property, land, vacation home, and more. By donating appreciated Real Estate, you gain a significant tax advantage because you may be able to avoid all capital gains tax. Your charitable contribution deduction is for the appraised value of your property.
If the value of your Real Estate has decreased, you can deduct long-term capital loss by first selling the property and then donating the proceeds. You can also use Real Estate to setup a Revocable Living Trust, an Irrevocable Deferred Gift, or a Deferred Life Estate Gift. For additional information and to request your free brochure explaining giving the gift of
Real Estate in further detail, please contact us today.
Asset-based/Non Liquid Gifts
At the Billy Graham Evangelistic Association, we want to help you be a good steward of the resources God has given you. Many people view cash as the only way to make a charitable gift. But through asset-based giving, you can save on taxes, further Kingdom work, and plan better for the needs of your family. Best of all, you’ll experience the joy of seeing the fruits of your giving now, while you’re living.
So how does it work? For additional information and to request your free brochure explaining asset-based giving in further detail, please contact us today.
Foundations/Donor Advised Funds
In addition to individuals, corporations, and churches, the Billy Graham Evangelistic
Association also serves the granting objectives of private and public Foundations.
Giving through your workplace has never been easier. CFC GivingFederal employers will distribute personal employee contributions to the organization of the employee’s choice through the Combined Federal Campaign (CFC). If you are a federal employee, simply elect the amount you want to contribute to BGEA per paycheck as you go through your employer’s allocation process. Be sure to indicate CFC # 11727.
Charitable Estate Planning Through Your Will
One of the most important aspects of financial stewardship is often one of the most overlooked elements: your Will. This legal document ensures that your estate is distributed and your family is cared for as you choose. With a Will, your wishes–your will–are carried out.
If you die without a Will, the state makes all major decisions, including who will be the guardian of your minor children and how the assets of your estate will be distributed. Legally, no charitable gifts can be made from your estate without a Will. If you don’t have a Will, it’s important to start the process today. It’s easy, and it can pay long-lasting dividends if you choose to give part of your estate to BGEA.
For additional information and to request your free brochure explaining how to setup a Will in further detail, please contact us today.
Revocable Living Trust
A Revocable Living Trust provides you with an arrangement for management and distribution of your assets, helping create a financial plan that can provide for your needs and make an eternal impact. These Trusts do not replace a Will, but they do help determine how your assets will be distributed upon death. Assets in a Trust do not go through probate, potentially saving time and money.
A Revocable Living Trust provides for investment management while you are living and allows for withdrawals or transfers from the trust. A Trust is a legal arrangement, and the trustee is responsible for holding and investing your assets, collecting income, paying normal
expenses, and distributing net income.
For additional information and to request your free brochure explaining Revocable Living Trusts in further detail, please contact us today.
Most people purchase Life Insurance to provide for their children, to protect their home mortgage, or to secure retirement funds. As people age, they often find that they no longer need financial protection in these areas. If that describes you, consider how your Life Insurance policy could help BGEA provide eternal assurance to people around the world.
There are a number of ways your Life Insurance policy can support the work of BGEA. For example, you can name the organization as the owner and beneficiary of your policy, you can name it as a secondary or co-beneficiary, or you could assign your annual dividends to BGEA. You will receive varying tax benefits depending on the method of giving you choose for your Life Insurance.
For additional information and to request your free brochure explaining in more detail how to use your Life Insurance to support the ministry of BGEA, please contact us today.
Retirement Assets are tax-deferred retirement savings accounts, including profit sharing, IRAs, 401(k), 403(b), and Keough and pension plans. You can give Retirement Assets now or in the future. While there are penalties for early withdrawals from these types of tax-deferred accounts, if you give the money to charity, there should be no withdrawal penalty (if you are older than 59 1/2). You would still be liable for income tax on the amount withdrawn.
Another option would be to give your Retirement Assets upon your death. This helps avoid both income and estate taxation.
For additional information and to request your free brochure explaining in more detail how to use your Retirement Assets to further the Kingdom, please contact us today.
Annuities & More
Charitable Gift Annuity
With a Gift Annuity, your donation of cash or securities not only supports BGEA, it provides you with regular payments over your lifetime. The size of these fixed payments is based on, among other factors, the size of your gift and your age at the time of the gift. Payments can be deferred, allowing for a larger charitable deduction and greater Annuity benefits.
Gift Annuities provide substantial tax advantages and flexibility. You receive a tax deduction the year your gift is made, and a portion of Annuity payments are nontaxable. Because Annuities cannot be legally changed, great care should be taken to ensure that you have other means to meet any emergency needs.
For additional information and to request your free brochure explaining Gift Annuities in further detail , please contact us today.
Charitable Remainder Unitrust
Often referred to as simply a Unitrust, a Charitable Remainder Unitrust is a customdesigned, individually managed trust. It enables you to retain a variable income for your life (or a fixed number of years), claim a current income tax deduction, and make a future gift to BGEA or another charitable organization.
The Unitrust can make payments to you and a spouse or a loved one in several ways. The most common is paying a fixed percentage, but there are other options.
The Unitrust is an irrevocable agreement. Once you enter a Unitrust, the terms cannot be altered by you or the trustee. For this reason, make sure you retain sufficient resources to meet your emergency needs.
For additional information and to request your free brochure explaining Charitable Remainder Unitrusts in further detail, please contact us today.
The Library Endowment
Can you think of a better legacy than lives transformed for all eternity?
No matter how much our culture changes, at the Billy Graham Library our message never will. For generations to come, visitors will hear “that Christ died for our sins according to the Scriptures, that He was raised on the third day according to the Scriptures.” – 1 Corinthians 15:3-4. And we have a promise from God. As His word is proclaimed, it will produce fruit.
If you are interested in finding out how you can help this ongoing ministry continue from generation to generation, we would love to talk with you. Please contact your local representative by calling 1-877-243-2202.
To request a speaker for your group to talk about making a legacy gift to the Library, please contact your local representative by calling 1-877-243-2202.