Planned Giving Ministry

Question: What is Planned Giving?

Answer: Planned Giving is simply "people (givers) doing what they want to do with their assets and gift planners helping them do it" in a way that is most beneficial to the donor and the charity. -(quote by Robert F. Sharpe, Sr.)

Estate planning may be the single most important act of stewardship that most of us as Christians will ever perform. Appropriate estate planning is beneficial to almost everyone. Whether we are nearing the end of our lives, contemplating retirement, or younger with a growing family, estate planning boils down to determining how, when, and to whom we will transfer the stewardship of what God has entrusted to us when we can no longer serve as stewards ourselves." (quote by Hank Hanagraaff of Christian Research Institute)

Are you interested in

• leaving a legacy of love?
• Make a meaningful difference in what you do?
• Leaving a lasting impact on ministry?
• Providing for heirs, grand children, and others?
• Continuing to give after your life on earth has ended?
• Reducing your tax liability?
• Passing along more to your heirs and charity instead of taxes?
• Giving a gift and receiving an income for life?

There are some amazing tools approved by our government and used by attorneys and other professional advisors to assist in:

• Preserving more of your estate
• Enabling you to “give it twice”
• Avoid capital gains on donation of appreciated assets

Whether you have a modest estate or more, it definitely pays to do some advance planning now with your professional advisors and your attorney.

Types of gifts to consider for lowering your taxes and blessing minstry :

Cash

• Supports ministry now ; provides income tax charitable deduction

Stock

Two-fold tax savings : when held for more than one year. . .

• avoid capital gains tax on increase in value
• receive tax deduction for full fair market value of stock on date of gift
• See example (click on link)

Real Estate

Make it work for you and bless ministry: give the appreciated property to NHCC

• Homes, vacation homes, farm, acreage, vacant lot
• Avoid capital gains tax
• Realize charitable deduction for full fair market value
• Potential for life estate: continue to live on personal residence or farm property for life, receive an income tax deduction for portion of fair market value
• See example (click on link)

Life insurance

A good policy for giving: If no longer needed, name NHCC as owner and beneficiary

• Take charitable deduction for cash value
• If premiums are still being paid, premiums are tax deductible annually
• Easily done with forms provided by your agent
• See example (click on link)

Life Income Gifts

Increase your income for life: Allows you to transfer assets to NHCC now, and yet continue to receive an income from unencumbered asset contributed. A life income gift can allow you to:

• Receive generous charitable contribution deduction for year in which given
• Avoid capital gains on appreciation
• See example (click on link)

Bequests

Please remember to include New Hope Community Church in your estate plan documents. Leaving a specified sum or percentage of your estate for God's great commission will continue to be fruitful long after your estate matures.

Advance Directive

Including a completed Advance Directive in your estate documents is an important step in directing your health care if you become unable to make decisions in the future and is a vital component of your estate plan. 

To access a copy of Oregon’s Advance Directive Law and very helpful instructions on how to complete a Directive, click here.  The form is available for a small fee of $5.00.

You may also click here for a free version of the Advance Directive form with limited instructions.

Need More Information?

For additional information on how Planned Giving can be a win-win for you, your heirs, and New Hope Community Church , please contact Pastor Jerry Schmidt at 503-659-5683, x3041.