Continue Your Legacy By Funding Our Mission
When considering a gift to FIA, most people think about cash in the bank. But cash is usually the smallest portion of our wealth. Assets such as investment portfolios, real estate, and business interest often add up to more than 75% of a person’s wealth. The obstacle to using these appreciated assets is that an outright sale of the asset is a tax-heavy event to be avoided.
With a little planning in advance, the tax burden when liquidating appreciated assets can usually be reduced or eliminated if you include charitable giving as part of the plan. An effective asset-based giving plan can capture tax dollars you would pay on the sale of the asset and channel those dollars to ministry. These gifts could be more than you ever thought possible, multiplying your Great Commission impacts!
Not Sure Where To Start?
If you have any questions about non-cash giving, would like to arrange your gift over the phone, or prefer to donate items directly to Friends In Action, please contact our Partnership Development Team. Our team will be happy to discuss how your items could support and help further our work around the globe in Jesus’ Name.
The content found on this site is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting, or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor, or another qualified professional. Friends in Action makes no representations or warranties as to the accuracy or timeliness of the information contained herein.