Alternative Ways to Give
Planned gifts offer you smart and creative ways to support Manteno Church of the Nazarene – often while benefiting your family, too.
By understanding the available options, you can multiply the results of your generosity in ways that are simple, flexible, and cost-effective.
Giving Stock, Real Estate or Other Assets
You may be able to increase your potential impact –and reduce your taxes – by giving non-cash assets.
Examples of non-cash assets:
• Stock or marketable securities
• Real estate
• Business interests
• Farm commodities
• Tangible personal property
Benefits of Giving Non-Cash Assets
• Tax-wise. Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.
• Eliminate hassles. Give assets you no longer need or want to manage (such as rental properties or vacation homes) for the benefit of Manteno Church of the Nazarene.
Gifts From Your IRA
Individuals ages 70 ½ and older can make a sizable gift from an individual retirement account (IRA) to Manteno Church of the Nazarene and receive significant tax benefits in return.
Benefits of Giving From Your IRA
- Convenient. An easy way to give to Manteno Church of the Nazarene.
- Tax-wise. Distributions made directly to charity are not treated as taxable income. This is advantageous even if you don’t itemize deductions on your tax returns!
- Promises kept. Gifts from your IRA can be used to fulfill any charitable giving pledges previously made.
- Impactful. Gifts are tax-free to Manteno Church of the Nazarene. The entirety of your gift will go toward ministry!
Requirements of a Qualified Charitable Distribution
You can give from your IRA to ministry without any federal tax liability, as long as the gifts are qualified charitable distributions (QCDs). Distributions qualify for all or part of your required minimum distribution (RMD).
- IRA holders must be age 70 ½ or older at the time of the gift.
- Gifts must be outright gifts made directly to a charitable organization.
- Distributions to donor-advised funds, charitable trusts or charitable gift annuities are not permissible.
- Distributions may only be made from traditional IRAs or Roth IRAs; other retirement accounts are not eligible.
Gifts in a Will
By including charitable giving in your will, you model to your loved ones a legacy of generosity. You also help ensure Manteno Church of the Nazarene continues to make a difference well beyond your lifetime.
Benefits of Gifts in a Will
- Legacy. Extend the impact of your generosity well beyond your lifetime.
- Availability. Retain access to your God-given resources for the remainder of your lifetime, or for as long as you need them.
- Capacity. You can potentially make the largest gift you’ll ever have the ability to give