Types of Planned Gifts

Gifts made by way of a simple will and testament or a trust provide you with the opportunity to continue partnering with Every Home for Christ beyond your lifetime.

You may give a set amount or a percentage of the value of your estate to Every Home through a will or trust. Your attorney or estate planner may choose to adapt the following text to suit your wishes:

“I hereby give, devise and bequeath (__ dollars/ __ percentage or all of the residue of my estate), determined as of the date of my death, to Every Home for Christ, a nonprofit organization located at 640 Chapel Hills Drive, Colorado Springs, CO, 80920-1035, Federal Tax ID #23-7093281, for Every Home for Christ’s general use and purpose.”

Designating Every Home for Christ as a beneficiary of your checking, savings, securities investments or other accounts, instructs your account administrator to send a percentage of your account to EHC upon your death.

Your account administrator will provide a form to you to complete, often online. As with a bequest, it is important for you to have our proper name, contact information, and tax ID number if you wish to make us a beneficiary of the account. You can do this for almost any type of financial account, including retirement accounts.

Establishing a Legacy of Proclamation is relatively easy to accomplish through a beneficiary designation. It is humbling to consider that the assets you worked a lifetime to accumulate would be used to proclaim the words of eternal life!

A Qualified Charitable Distribution (QCD) is a gift from your Individual Retirement Account (IRA) to a qualified charitable organization like Every Home for Christ. A QCD is a tax-effective way to give charitably with many advantages, especially:

• Distributions are not included in your adjusted gross income, so you can benefit whether or not you itemize deductions on your tax return.
• It can satisfy your Required Minimum Distribution (RMD) for the year.

You must be 70.5 or older to make a QCD, and you can give up to $108,000 each year via QCDs. The QCD must come directly from your account to Every Home for Christ, so please give your retirement plan administrator the following information:

Legal Name: Every Home for Christ
Permanent Address: 640 Chapel Hills Dr., Colorado Springs, CO 80920
Outreach Designation: (Include the designation of your choice or “Where Needed Most”)
Taxpayer ID: 23-7093281

Appreciated assets such as stocks or mutual funds allow you to partner with Every Home for Christ without negatively impacting your current cash flow. In addition, you won’t pay any capital gains taxes on the securities given, giving you a welcome tax break.

You may make an outright gift of securities directly to Every Home for Christ. Contact us and we will provide you with the DTC instructions when you are ready to make a gift. Once your shares are in our account, they may be sold tax free and the proceeds will begin supporting Gospel outreach around the world.

You may also transfer shares to us to fund a number of charitable gift methods that will provide you with income and tax advantages, with the residual of the gift arrangements transferring to EHC at a later date. A few such examples include:

• A Charitable Remainder Trust pays you at a rate you choose.
• A Charitable Gift Annuity gives you payments for life at a fixed rate.

A Charitable Remainder Trust or a Charitable Gift Annuity are two ways you can make a gift to us and receive income for your lifetime from the assets you give.

Charitable Remainder Trust

CRTs are tax-free trusts that allow a donor to select whether they wish to receive annual income from the principal of the trust (unitrust) or a fixed percentage of the initial amount gifted to EHC (annuity trust).

After your lifetime, the “remainder” of the trust’s assets are endowed by EHC to fund global outreach in perpetuity.

Charitable Gift Annuity

A charitable gift annuity is a gift made to our organization that can provide you (or another person you designate) with a secure source of fixed payments for life. You’ll receive an income tax deduction for the charitable gift portion of the annuity, and payments to you annually may be partially tax-free.

You can donate property outright for tax savings or create a life estate, which gives you a tax deduction today while you retain the right to live in it for life. A gift of real estate opens the door for you to make a significant impact on the outreach of Every Home for Christ.

What Types of Real Estate Can You Give?

There are several types of real estate that can make an excellent gift to support our cause:

• Personal residence or vacation home
• Income-producing properties such as a rental home, vacation property, or commercial real estate
• Undeveloped land, farm or ranch land
• Land with natural resource significance, gifting oil, gas, or timber rights from the property

A blended gift is simply a current donation combined with a gift designed to be given sometime in the future.

A few common combinations of current and deferred giving:

• A gift from your IRA (current) and a beneficiary designation from the same retirement plan (deferred)
• An annual gift of stock or mutual fund (current) and a provision in your estate plan to give similar assets upon your death to be endowed at Every Home for Christ
• An annual cash gift (current) and a gift of real estate after your life (deferred)

The impact of a blended gift is that it will establish your Legacy of Proclamation — now and in the future.