Ways to Give
Most of us only think about giving to the church in very limited ways. We give each Sunday or we give to special projects, like missions or capital campaigns. There are, however, numerous ways to give that have enormous tax advantages and can benefit your church for years to come. The following list includes some of those. If you are interested in exploring any of these options please give us a call. We have experts at the Iowa United Methodist Foundation who will help you.
You designate an organization as the beneficiary of your asset by will, trust or beneficiary designation form.
- IRA Rollover
Congress has enacted a permanent IRA charitable rollover. As a result you can make an IRA rollover gift this year and in future years.
- Beneficiary Designation Gifts
You can designate a charitable organization as a beneficiary of a retirement, investment or bank account or your life insurance policy.
- Charitable Gift Annuity
You transfer your cash or appreciated property to an organization in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.
- Charitable Remainder Trust
You transfer your cash or appreciated property to fund a charitable remainder trust. The trust sells your property tax-free and provides you with fixed income for life or a term of years.
- Charitable Lead Trust
You fund a trust that makes gifts to us for a number of years. Your family receives the trust remainder at substantial tax savings.
- Sale and Unitrust
You give a portion of your property to us to fund a charitable remainder trust, when the property sells you receive cash and income for life.
- Bargain Sale
A charity purchases your property for less than fair market value. You receive cash and a charitable deduction for the difference between the market value and purchase price.
- Give It Twice Trust
You provide your children with a stream of income while making a gift to charity.
- Life Estate Reserved
You give your property to an organization but retain the right to use the property during your life.
LL Finance Committee
Robert Dagit, Chair