Gifts Anyone Can Make

These gifts often do not affect cash flow during lifetime.

Whether You Have Five “Talents” or One, You Can Make a Big Difference in Our Ministry. These kinds of gifts often don’t affect your cash flow.

Gift Through Your Will or Estate

Bequest

Details:
A bequest is a gift made through your will or living trust and can be the easiest gift to make to St. Andrew's Episcopal Church because it costs you nothing during your lifetime. Plus, it’s “revocable,” so you can update or change it if circumstances change. If you already have a will or living trust, you can amend it to include a bequest to  St. Andrew's with a simple codicil. (We can provide you with sample bequest and codicil language.)

Donor Profile: 
Bequests are one of the easiest and most popular gift plans and can fit any prospect: single, married, with or without children, multi-generational, wealthy, or not so much. Often a bequest is simply a set amount or percentage of an estate set aside to make a gift to St. Andrew's. Do you already have a will and don’t want to pay your attorney to change it? In most states a donor can execute a simple codicil (“will addition”) to make the gift in a cost-effective manner.

Buy Low. Give High.

Appreciate Securities

Details:
You transfer publicly traded securities that you have owned for more than one year to St. Andrew's. We sell the securities and apply the proceeds to the charitable purpose(s) that you designate. You claim an income tax charitable deduction based on the fair market value of the securities, and also avoid capital gains tax on the securities’ appreciation. 

Donor Profile:
Donors who hold highly appreciated securities for a number of years. This is also for donors who do not plan on selling the stock.

Large Gift. Little Cost.

Life Insurance

Details:
You designate St. Andrew's Episcopal Church as a beneficiary of your life insurance policy. When the time comes, we receive the proceeds. Thus, you can provide a large gift to benefit our mission for relatively little cost. The proceeds distributed to St. Andrew's will be exempt from estate tax.

Donor Profile:
Donors who hold a paid-up life insurance policy, and no one needs the proceeds. This is great for those who do not want to affect current cash flow. The donor will have the flexibility to change his/her beneficiary designation later if his/her circumstances change.

Tired of Maintaining It?

Gifts of Real Estate

Details:
Real estate makes a real great gift. When you deed property to St. Andrew's Episcopal Church, you receive an income tax charitable deduction for the value of the contribution. Plus, you can elect to make an outright donation, or use the value to fund a gift that pays you income. Either way, you make a generous gift to St. Andrew's and those we serve.

Donor Profile:
Donors whose property will face significant capital gains tax and who do not need (or want) to pass their property on to an heir are the best prospects for a real estate gift. This is also perfect for tough-to-maintain properties or vacation homes one no longer wants.

Paintings? Antiques?

Personal Property

Details:
You can make a significant gift by transferring paintings, antiques, collectibles – any “appreciated stuff” – to St. Andrew's Episcopal Church. In return, you receive an immediate income tax deduction, and pay no capital gains on the appreciation. The church/ministry can either hold the property, display it, or sell it and apply the proceeds for the purpose you specify at St. Andrew's.

Donor Profile:
Donors who have appreciated property and no heirs, or no interested heirs, are the best match for this type of gift. In some cases, prospects have heirs but  own a piece of appreciated personal property  their heirs do not want or cannot use.

Avoid heavily-taxed assets to heirs.

Retirement Plans

Details:
A donor names St. Andrew's as the beneficiary of a portion, or all of, his/her IRA, 401(k), or other retirement account. When the time comes, the amount designated passes St. Andrew's income- and estate-tax free.

Donor Profile:
Someone who holds a 401(k), IRA, or other retirement plan and does not need the additional income, who wants to give the most heavily-taxed assets in his/her estate to the church/ministry and leave more favorably-taxed property to his/her heirs.

A “Tax Free” Gift?

Charitable IRA Rollover

Details:
The IRA charitable rollover allows taxpayers age 73 or older to make tax-free charitable gifts of up to $105,000 per year directly from their Individual Retirement Accounts to St. Andrew's. The funds should be directly transferred to St. Andrew's and not withdrawn first.

Donor Profile:
A donor who does not need the additional income and wants to avoid “double taxation” on the minimum required distribution (MRD).