A common misconception is that planned gifts are only for the very wealthy. In fact, individual of all levels of wealth can engage in strategic planned giving, creating a lasting legacy for people receiving the benefits of our mission. We would like to encourage you to consider Interfaith Housing Services in this process.
Sadly, we can’t live forever, but being prepared with an estate plan now can ease the burden on our loved ones when the unfortunate happens. It also assures that your estate goes to the people and/or organizations you want. By making a planned gift, you ensure Interfaith Housing Services can continue it’s important work for years into the future.
Interfaith Housing Services encourages donors to consider other unique giving opportunities beyond cash donations.
Some examples include:
Cash – Quick and easy, but only one of the many giving strategies.
Bequests – It pays to plan in advance with your tax advisors or your attorney. Remember, federal income tax can still take up to 50% of your estate at the time of death. Plan ahead for a wise use of your estate funds.
Stock – Stockowners can be tax-wise and contribute stock. Use this charitable donation for the full fair market value of the stock on the date of the donation. By donating stocks you avoid paying capital gains taxes, on the increase of the value of the stock!
Life Insurance – Leverage a larger gift to IHS and deduct the premium payment.
Real Estate – Similar to stock donations, real state offers a double tax benefit. As you receive a charitable deduction for the full fair market value of the property!
Vehicles and other property – Donate anything with a steering wheel or handlebars, art, antiques, coins and jewelry
More Ways to Give:
Charitable Bequest by Will or Estate Plan – Leave a percentage of your estate to Interfaith Housing Services.
Charitable Gift Annuity – Provide a gift of cash or stock and create a lifetime income.
Living Trust – The provisions are fully revocable and amendable at any time. You name the beneficiary of the income of the trust and the remainder goes to those you have named.
Charitable Remainder Trust – Provide a gift of real estate, stock or business and let the interest create an income for you.
Charitable Lead Trust – Provide income to IHS and the original value then returns to you.
Donor Advised Fund – Establish your own family foundation
Endowed Fund – Your contribution is invested with and becomes part of our endowment. An annual distribution is made to HIS, but because the principal remains intact, the fund will generate support in perpetuity.
Some methods of giving occur now, some after your death and some even allow you to draw income. There are many good stewardship opportunities that could allow you to earn income on certain assets, achieve tax benefits and make a difference in the lives of others by advancing the work or Interfaith Housing’s mission.
Director of Development
Interfaith Housing Services
1326 East Avenue A
PO Box 1987, Hutchinson, KS 67504-1987
620.662.8370 ext. 717