Want to make a big gift to Galatians 6:2 without touching your bank account? Consider giving us real estate. Such a generous gift fortifies the fight against hunger and homelessness for years to come. And a gift of real estate also helps you. You no longer have to deal with that property's maintenance costs, property taxes or insurance.
Another benefit: You don't have to hassle with selling the real estate. You can deed the property directly to Galatians 6:2 or ask your attorney to add a few sentences in your will or trust agreement.
When you make a gift today of real estate you have owned longer than one year, you qualify for a federal income tax charitable deduction equal to the property's full fair market value. This deduction lets you reduce the cost of making the gift and frees cash that otherwise would have been used to pay taxes. By donating the property to us, you also eliminate capital gains tax on its appreciation.
A gift in your will is a meaningful way to support Galatians 6:2. It is also a simple, flexible and affordable way to help families struggling with hunger and homelessness in your community.
You can complete your gift by including just one sentence in your will. And because your gift is not realized until after your lifetime, it costs you nothing today. Finally, if your life or financial circumstances change, you can amend your gift or change your mind at any time.
No matter the size, a gift in your will to Galatians 6:2 gets us closer to a hunger and homeless-free America.
Are you tired of the hassles of maintaining your property such as paying taxes, utilities and repair bills? Consider donating the property to Galatians 6:2 in exchange for reliable payments for life for you (and someone else, if you choose). When you arrange a charitable gift annuity, you receive a federal income tax charitable deduction in the year you set up the gift annuity when you itemize on your taxes. If you use appreciated real estate to make a gift, you can usually eliminate capital gains tax on a portion of the gift and spread the rest of the gain over your life expectancy. A gift of unmortgaged property to fund a deferred gift annuity is preferable and generates the greatest tax benefit.
A donor advised fund, which is like a charitable savings account, gives you the flexibility to recommend how much and how often money is granted to Feeding America and other qualified charities. You can recommend a grant or recurring grants now to make an immediate impact or use your fund as a tool for future charitable gifts.
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No gift is to big or to small! Help us to be a blessing to others!
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