What is a bequest:
A bequest is written in a will or trust and directs a gift to be made to a qualified exemptcharity such as Kids Across America, when you pass away. Whether it is a gift of cash, real estate, or the residual of your estate, a bequest allows KAA to use your assets to continue encouraging, equipping, and empowering urban youth and their mentors while benefiting your family and loved ones. Benefits of from giving through your will:

•  Receive an estate tax charitable deduction
•  Reduce the burden of taxes on your family
• Allows you to retain assets during your lifetime
• Flexible and can be modified at any time
• Peace of mind—knowing your wishes are clearly expressed
• Encourages you to know that, even after you go home to be with the Lord, you will still be a vital part of equipping more kids and teens to live for Jesus.

If you would like more information, fill out the form below or call Marsha at 417-266-3129 or email her at [email protected]

APPRECIATED ASSETS
Appreciated Assets includes items such as publicly traded stock, closely held stock, bonds, mutual fund shares and real estate.

WHY GIVE APPRECIATED ASSETS?
Giving appreciated assets such as stocks, bonds, mutual funds, and real estate that you have held for 12 months or more provides double tax benefits not available when giving cash. You not only receive a charitable deduction for the fair market value of your gift, but you also avoid capital gains tax.

THE POSSIBILITIES ARE NUMEROUS
You can give appreciated assets such as:

•  Publicly traded stock
• Mutual funds
• Bonds
• Real Estate (land, rentals, vacation homes and condominiums, etc.)
• Business Interests
• Mineral rights
• Gold and Silver
• Cryptocurrency

APPRECIATED GIFT EXAMPLES
If you are not able to give the entire appreciated asset, there are many other possibilities available to you. Below are a couple of examples.

PART GIFT – PART SALE
Let’s say, for instance, you have 300 acres of appreciated vacant land you want to sell. Prior to entering into a sale agreement, you could gift 150 acres to ministry. Then you and the ministry would sell the property together. You would receive a tax deduction for the fair market value of your gift and avoid 50% of your capital gains tax upon sale. These tax savings could then be used to help offset, or possibly eliminate, the capital gains tax on the portion of the property you kept for yourself.

GIFT AND INCOME STREAM
Using the scenario above, you could also gift all or part of the land into a charitable trust and sell the land in the tax-free environment of the trust. The trust would be designed to pay you income for life or a term of years. When the trust terminates, the funds remaining in it become a gift to your favorite ministries. Through this gifting option, you also avoid the capital gains tax and receive a charitable deduction for your generous gift.

If you would like more information, fill out the form below or call Marsha at 417-266-3129 or email her at [email protected]

CHARITABLE GIVING TOOLS
Keeping the process simple for you

WHAT TOOLS CAN I USE TO GIVE?
Sometimes cash is not always the best plan of stewardship for the giver. For example, did you now that you can receive a double tax benefit when giving appreciated assets such as stock or
real estate?

As stewards in God’s kingdom, we should take advantage of tax incentives available in order to harness as many resources as possible for the Lord’s work and our families. To accomplish this, we provide a comprehensive, biblically based stewardship ministry to assist you in making a variety of non-cash gifts. This ministry is a gift to you as our faithful partner.

Giving Appreciated Stock

• By giving appreciated stock directly to ministry, you receive a charitable deduction for the fair market value and avoid capital gains tax. Click here to access the Security Gift Form

Giving From Your IRA

• Seniors who are 70 ½ years of age and older can give up to $100,000 a year directly to ministry. This can provide a tax benefit by reducing your adjusted gross income.

Giving Appreciated Real Estate

• By giving appreciated real estate directly to ministry, you get a charitable deduction, avoid capital gains tax, and can even receive an income stream for life. It is also possible to give just a portion of the property.

Giving From Donor Advised Funds (DAFs)

• DAFs provide an immediate charitable deduction and a great way for you to give over time during your lifetime or after death. DAFs are a simple and inexpensive alternative to a family foundation.

Giving When Selling a Business

• There are many giving options available when selling a business that can significantly reduce taxes and allow you to give back to the Lord.

Charitable Remainder Trusts (CRT)

• A CRT can be a great tool for those who want to make a large gift of appreciated assets (typically in excess of $250,000). Appreciated real estate and stock are common assets used to fund a CRT. The asset is placed into the CRT and sold in the tax-free environment of the trust. The giver then receives an income for a term of years or his/her lifetime. The payout percentage is determined by the giver and the percentage then determines the amount of charitable tax deduction. At the end of the trust term, the remaining balance goes to support the ministry. Charitable Remainder Trusts can also be created through a will or living trust and designed to pay income to friends or family for a term of years of lifetime.

Giving When You Pass On

• It’s simple to name your favorite ministries as beneficiaries of your financial accounts, as well as your will or trust, when you pass on. Naming a ministry, like Kids Across America, as the beneficiary of your tax-deferred retirement accounts is often the best way to make a bequest because the ministry can receive the funds in a tax-free environment.

Giving Life Insurance

• Life insurance policies can be gifted during life, and you will receive a charitable deduction for the fair market value of the policy.

Cryptocurrency

• Cryptocurrency gifts require specific care to qualify for a charitable deduction. 

If you would like more information, fill out the form below or call Marsha at 417-266-3129 or email her at [email protected]