1. GIFTS OF CASH. Online Giving
2. WILLS AND ESTATE PLANS. A charitable gift in your will or estate plan can tremendously benefit you and those you love. Gifts through your will or living trust can provide considerable future tax benefits, allowing more of your assets to pass to your loved ones.
3. STOCKS, BONDS, MUTUAL FUNDS AND PUBLICLY TRADED SECURITIES hold hidden gift potential. Gifts of appreciated assests allow a deduction of the full fair market value of the securities as a charitable contribution. You can avoid all capital gains tax on the gift. To ensure proper credit on these gifts, see a professional advisor.
4. PERSONAL PROPERTY ITEMS that can be used by IGO may be deducted at the fair market value. Examples of gifts-in-kinds needed by IGO include automobiles, vans, office equipment (fax machines, copiers, etc.), furniture, medical supplies, books etc.
5. REAL ESTATE GIFTS are transferred the same way as appreciated securities and allow deductions at the full fair market value of the property. In most instances, you can avoid capital gains tax, but you will need an appraisal to fully deduct the transfer of your gift.
* Check your country's tax laws to see what kinds of charitable gifts are allowed to ministries like India Gospel Outreach. In the United States, tax codes allow charitable gifts to approved causes as an added advantage of tax deductions. Listed below are ways approved by the U.S. tax codes to provide charitable gifts to help India Gospel Outreach reach ALL peoples in India. Please consult your financial planner, tax advisor, attorney, CPA or CA
for more professional counsel and guidance.
Members of the Evangelical Council for Financial Accountability since November 1989.
