What is Planned Giving?

What is “planned” giving?

“Planned giving” commonly refers to donations made to charities/ministries other than a direct cash gift.  These gifts may include assets such as investments, real estate or physical property.  Planned gifts may also include future cash donation, but require some planning to achieve the desired outcome.  For example, a ministry is named as a beneficiary in an individual’s will.

Who can make a planned gift?

Anyone can make a planned gift.  It is especially appealing to donors wishing to maximize the after-tax value of gifts during their lifetime, make gifts from their non-cash assets, or direct gifts to be made from their estate after their death.

Why should I make a planned gift?

Someone considering a planned gift might say one or more of the following:

–   I’d like part of my estate to go to the ministry upon my death.

–   I have appreciated assets (stocks, mutual funds, a rental property, etc.) I’d like to give directly to the ministry and avoid taxes being withheld from the sale.

–   I’m over 70.5 years of age with an IRA and I’d like to donate all or part of my annual Required Minimum Distribution (RMD) to the ministry and avoid paying extra taxes on the gift.

–   My estate may be facing Federal estate taxes and I’d like to maximize its benefit to ministries and my family.

How does it work?

Please contact Alongside Ministries International and let us know your intent and/or questions.  

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