LEAVING A LEGACY
God has blessed many of us with financial security and even abundance. And while we are to be responsible stewards of His gifts while we are here on earth, it’s a well-known statement that “You can’t take your treasure with you.”
Leaving a legacy gift provides you with an extraordinary opportunity to support the work of Holland Rescue Mission both now and for generations to come. Your gift will create a lasting legacy of support to reach hurting and homeless people in our community, and share with them God’s love and mercy.
There are several ways you can support Holland Rescue Mission through a legacy gift:
Wills and Estate Planning
Do you have a will or revocable living trust? Have you included Holland Rescue Mission in your estate plan? Due to recent federal estate tax changes, it’s advisable to review your existing estate plan to ensure your current plan reflects your wishes. It’s easy to include the Holland Rescue Mission as a beneficiary in your will or living trust.
Donor Advised Funds
Have you ever wished there was a way to give wisely and nimbly to numerous charitable organizations from one account?
A personal giving fund, known as a Donor Advised Fund (DAF), is the country’s fastest growing charitable vehicle and may be just what you’re looking for. Donor Advised Funds are an excellent choice for anyone who wants to simplify their giving and have the versatility to give whenever their heart feels inclined.
Charitable Gift Annuity
When you make a gift to Holland Rescue Mission in exchange for a Charitable Gift Annuity, you’ll receive many benefits:
- An immediate tax deduction on a large portion of the gift;
- Capital gains tax deferral;
- If you donate appreciated securities, you won’t owe capital gains tax when you make the transfer either;
- And increased income stream for life.
Do you own stock that has increased in value since you purchased it? Have you had it for more than one year? By transferring the shares directly to Holland Rescue Mission, you’ll receive a valuable income tax deduction and reduce or even avoid the capital gains tax you would have paid if you sold the shares yourself.
For more information about how you can leave a legacy and make an eternal impact, contact Rachael Neal, Development Director at 616-396-2200.