Types of Gifts
The First-Plymouth Congregational Church Foundation is able to receive a wide variety of charitable contributions including:
• Cash and Securities
• Wills
• Retirement Plan Assets
• Savings Bonds
• Real Estate
• Life Insurance
• Charitable Lead Trusts
All gifts are greatly appreciated in any amount. Gifts are charitable contributions and tax deductible in accordance with federal and state tax laws. Donors are urged to consult an attorney or financial advisor before completing arrangements for gifts to the Foundation.
What to Give
CASH
Making a donation of cash is as simple as writing a check. From your standpoint, it's no fuss, no bother.
WILLS
The official language to donate money to the First-Plymouth Congregational Church Foundation in your will is:
"I, [name], of [city, state, ZIP], give, devise and bequeath to First-Plymouth Congregational Church Foundation [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
Please check with your attorney to make sure your will is legal by having the proper signatures and witnesses.
SECURITIES
Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for a minimum of a year. Making a gift of securities to us offers you the chance to help our organization while realizing many important benefits for yourself.
RETIREMENT PLAN ASSETS
If you're like many Americans, your financial future will likely revolve around your retirement plan assets. To maximize the value of a retirement account, consider making a lifetime gift of its after-tax values to a tax-exempt deferred giving plan.
SAVINGS BONDS
Savings bonds—likely the nation's most widely held appreciated asset—represent major assets that may have stopped growing and are now collecting dust, just waiting to be put to use. A tax-wise use for your appreciated savings bonds is to support a cause you care about.
REAL ESTATE
Using real estate, such as your house, farm or commercial property, to fund a gift allows you to preserve your cash assets, receive significant tax and income advantages, and make a larger charitable gift than anticipated.
LIFE INSURANCE
Donating your life insurance by making First-Plymouth Congregational Church Foundation the beneficiary, could be a wonderful way to fulfill your desire to support our work. You can donate the entire policy or designated portion.
CHARITABLE LEAD TRUST
When people think about providing an inheritance to children and making a significant charitable gift through their estates, a vehicle known as the "charitable lead trust" is an excellent method to accomplish both objectives.
