Easy Ways You Can Give & Donate
The Lord provides us with all we need. One of the ways God provides for Spirit of Life is by moving people to make a monetary gift or donation to keep the church operating.
Spirit of Life provides two convenient ways to give to the church:
Did you know there are non-cash ways to give?
*Important Note: This material has been prepared for informational purposes only. Before making any non-cash gifts, you should consult your own tax, legal and/or accounting advisor.
Under extended charitable individual retirement accounts (IRA) legislation, you can make charitable gifts to nonprofit organizations using funds from your individual retirement accounts (IRAs) without negative tax effects. This applies to you only if you’re 70½ years old or older.
Stock that has increased in value is one of the most popular assets used for charitable giving, once it’s been held for more than one year. Giving this kind of gift not only helps nonprofits; you as the giver receive significant benefits.
There’s more than one way to turn your savings bonds into charitable donations while reducing the tax liability generated by these secure investments.
Your property opens the door to a unique giving opportunity to help nonprofits. You’ll be helping a good cause, enjoying tax benefits, and potentially setting up a lifetime stream of income.
Closely Held Stock
A donation of your closely held stock can be a great way for you to make a sizable charitable contribution while realizing valuable tax benefits.
Most of us think of life insurance only as protection, especially for our loved ones. But it can also be a powerful tool you can use to assist nonprofits.