More Ways to Lay Up Treasure in Heaven (cont’d.)
by David Warnock
Yes, you will be enriched in every way so that you can always be generous. And when we take your gifts to those who need them, they will thank God (2 Cor. 9:11 NLT).
Last month, I highlighted five very strategic ways to lay up treasure in heaven that many believers have never realized. They included estate planning, charitable gift annuities, retirement plans, life insurance and real estate. Below are seven additional giving options with brief explanations.
Employer Gift Matching – It is quite possible that the company for which you work has an employee gift-matching program that can double or even triple your contribution to Heaven’s Family. Some company programs will even match the contributions of their retirees or spouses of employees.
Stocks/Mutual Funds – It’s easy to contribute stocks and mutual funds through Heaven’s Family for “the least of these” around the world. When you contribute appreciated securities, you (1) receive an immediate tax deduction for the full amount of the securities’ value on the transfer date if the securities were held for more than one year, (2) pay no capital gains tax, and (3) can designate your gift to a specific fund just like a cash contribution.
Restricted Securities – Through our partnership with National Christian Foundation we can accept publicly-traded securities that may have sale restrictions.
Loan Notes – Money owed to you through loan notes can be contributed to the Heaven’s Family Strategic Stewardship Fund.
Personal Assets – From vehicles to time-shares, put your personal assets to work for the Kingdom of God. Other items that can be accepted and put to use for God’s kingdom include, but are not limited to: boats, RVs, artwork, jewelry, precious metal, royalties, copyrights, and collectibles.
Corporate Inventory – Inventory including, but not limited to: food (canned or dried), beverages, books, electronics, industrial equipment, specialty vehicles, toys, new clothing (large volumes), consumer merchandise, lost and damaged freight or building materials can be accepted. Check with us to see if your inventory can be converted into blessings.
Business Interests – If you have ownership in a closely-held business, Limited Partnership, Limited Liability Company, or Sub-chapter S corporation, you can contribute part or all of your interest to the Heaven’s Family Strategic Stewardship Fund. Contributing part of your appreciated business to Heaven’s Family can be a strategic means of passing the business on to your successors while avoiding placing an unbearable tax burden upon them.
David Warnock is happy to assist you with your questions regarding strategic stewardship. You can reach him at (412) 833-5826 or email him at DavidW [at] HeavensFamily [dot] org.