| Gifts to Consider to Good Shepherd Ministries |
| For most of us, financial security is a primary concern, both now and in later years. It has been said a person who fails to plan plans
to fail- a statement as true for long range planning as for anything else.
Your will offers many opportunities to exercise philanthropy. After providing for your loved ones, a charitable gift is used to meet your goals as a thoughtful expression
of caring through sharing with a non profit agency.
There are so many benefits to planning, not the least of which is the satisfaction of knowing you have thoughtfully provided for your loved ones and furthered other important
charitable goals as well. The giving of financial gifts while living has advantages:
- To mark important events in your life
- To pass on to others what you learned from your family or personal experience
- To express something for which you are grateful
- To give your hopes and dreams for the future
- To influence others in a positive way
- A statement of your commitment to others
- A way to encourage people to support a ministry you believe in>
- A way to more than just pass on your wealth, but to also express your values
- To do something meaningful to others before and after you pass
Good Shepherd Ministries is a charitable agency we
trust you will choose. This is good stewardship of your resources with a
reputable charity you can believe in.
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| Gifts of Cash |
|
These
gifts permit you to have an immediate tax deduction for the tax year when
within the proper guidelines. |
| Gifts of Securities |
|
The best stocks to donate are those that have
increased greatly in value, particularly these producing a low yield. In order
to preserve tax advantages, it is critical that you transfer the physical
securities rather than the proceeds from a sale. |
| Capital Gains |
|
Taxes can be greatly reduced when you use
appreciated stocks, bonds or other assets to finance your pledge.
Tremendous income tax deductions are usually possible with this method of
payment. Contact Good Shepherd Ministries for more information. |
| Memorial Gifts |
|
These are a wonderful way to remember
someone, both living or deceased. Giving in a loved one’s name allows
their legacy to be remembered and lived through the changed lives of
people. Contact us to make the memorial |
| Gifts of Life Insurance or an IRA |
|
You can contribute a life insurance or an
IRA policy to us by naming us as either the owner of the policy or simply
as the beneficiary. If you name us as the owner and beneficiary, you will
be entitled to an income tax deduction limited to the lower value of the
policy or your cost basis in the contract. In addition, if you continue to
pay premiums on a policy that we own, you can deduct the premium payments.
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| Gifts of Real Estate |
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If you own property, this is not subject to
a mortgage and has appreciated in value; a charitable gift may be an
attractive option. You can claim an income tax deduction based upon fair
market value of the property, may avoid capital gain taxes and remove that
asset from your taxable estate. Or, you can transfer your home now and
continue to use the property for life. Or you may also specify a financial
percentage from the sale of your home to be designated to Good Shepherd
Ministries. Please notify us of your plans so that we can property
document your intentions. |
| Donor Managed Investment Account |
|
In a strategy offered by Good Shepherd
Ministries, investment-savvy donors give money to Good Shepherd but can
still manage the asset themselves for a period of time. |
| Charitable Remainder Trust |
|
You transfer assts to an irrevocable trust
and receive a regular payment stream. At the end of the trust’s term,
what’s left is gifted to Good Shepherd. You receive an income-tax
deduction for the amount estimated to end up with the charity, although
the payments to you are generally taxable. |
| Charitable Lead Trust |
|
Essentially the reverse of a charitable
remainder trust. You transfer assts to a trust and Good Shepherd receives
a payment stream. At the end of the trust’s term, what is left goes to the
heirs. |
| Charitable Gift Annuity |
|
You give money to Good Shepherd Ministries,
which promises to pay you a fixed amount regularly for life. Although part
of the annuity payments is taxable, you’ll also receive an upfront income
tax deduction for the amount estimated to end up with Good Shepherd.
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| Pooled Income Fund |
|
You give money to Good Shepherd which
invests the money in a special fund and pays you your share of the fund’s
earnings. When you die, whatever’s left of your investment goes to the
charitable work of Good Shepherd Ministries. |
