Other Ways to Give

How you can honor God with your assets and stored resources

ALTERNATIVE GIVING METHODS

While gifting cash is by far the most common method of giving, other methods of giving may be more tax-efficient, allowing the donor to make a larger impact on the ministries of Crossroads. Here are some ways you can honor God with the resources He has entrusted to you. We suggest you consult your tax advisor to ensure you are following all applicable rules to maximize your gifts.

Appreciated Assets

Appreciated assets such as stocks and mutual funds can be given directly to Crossroads thereby avoiding capital gains tax. Securities can be transferred directly to Crossroads’ brokerage account at which point they will be sold and the church will receive the proceeds. The donor will be eligible to receive a tax deduction equal to the value of the assets upon transfer of ownership. Please notify the Crossroads Finance Office of your intention to make a donation so that we can see that the transfer is handled correctly and your gift is correctly attributed to you.

ways you can honor God with the resources He has entrusted to you


Real Estate

Real estate can be donated to Crossroads. However, real estate donations must be approved by Crossroads and may require proof of clear ownership and an environmental study. The donor will save capital gains tax if the property has gone up on value. The church will then use the property to fulfill its mission or sell the property and receive the proceeds.

In-Kind Gifts and Services

If you own a business and have access to products, supplies or services that are necessary for the ongoing work of Crossroads, you may donate them directly to Crossroads. Please contact the Crossroads Finance Office prior to donating. You will be issued an in-kind gift receipt to be used for tax purposes. Unfortunately, services are not tax-deductible but are very useful and welcomed.

Grain and Livestock

Those who produce commodities can donate them to the church, which will then sell them and receive the proceeds. The donor will not receive a tax deduction, but will not realize taxable income on those commodities, thereby potentially saving federal and state income taxes as well as self-employment tax. It is important to note that the church must have control of the sale of the commodities. The simplest way to achieve this is to deliver the unpriced commodity to the elevator in the name of Crossroads and get a warehouse receipt. Then, notify the Crossroads Finance Office of the gift so they can take appropriate steps to sell the commodity.

IRA Charitable Rollover

If you are 70 1⁄2 or older, you may transfer up to $100,000 annually from your IRA accounts directly to Crossroads without having to recognize the distribution as income. Please contact the Crossroads Finance Office for brokerage information.

Estate Planning

There are many ways to include Crossroads in your estate plans that range from simple to complex. Perhaps you have a life insurance policy that is no longer needed for its originally intended purpose. Maybe you have an asset such as a house that you need while you are on this earth, but would like to donate at your passing to make an impact beyond your life. You can include Crossroads by naming it as a beneficiary or bequeathing assets in your will. If this interests you, please consult with your estate plan advisor to choose a method that works best for you and your situation.

 

For more information about any of the giving opportunities above or to discuss any other ways you can honor God and bless the ministries of Crossroads, please contact the Crossroads Finance Office at (765) 453-4626 or email us today!:

ALTERNATIVE GIVING METHODS

While gifting cash is by far the most common method of giving, other methods of giving may be more tax-efficient, allowing the donor to make a larger impact on the ministries of Crossroads.


(We suggest you consult your tax advisor to ensure you are following all applicable rules to maximize your gifts.)


Here are some ways you can honor God with the resources He has entrusted to you.


Appreciated Assets

Appreciated assets such as stocks and mutual funds can be given directly to Crossroads thereby avoiding capital gains tax.

Real Estate

You may donate real estate to Crossroads and know you are furthering the mission of "reaching people where they are and helping them take their next step with Christ."

In-Kind Gifts & Services

If you own a business and have access to products, supplies or services that are necessary for the ongoing work of Crossroads, you may donate them directly to Crossroads.

Grain and Livestock

Those who produce commodities can donate them to the church, which will then sell them and receive the proceeds.

IRA Charitable Rollover

If you are 70 1⁄2 or older, you may transfer up to $100,000 annually from your IRA accounts.

Estate Planning

There are many ways to include Crossroads in your estate plans that range from simple to complex.

For more information about any of the giving opportunities above or to discuss any other ways you can honor God and bless the ministries of Crossroads, please contact the Crossroads Finance Office at (765) 453-4626 or email us today!