Ways to Make a Planned Gift

Cash

How:  Simply write a check, give online, or work through your Donor Advised Fund.

Benefit:  Income tax deduction (consult with your tax advisor) and witness the benefits of your generosity.

 

POD (Payable on Death) Bank Account

How:  List First Presbyterian Church of Delray Beach as the beneficiary on a regular bank account.

Benefit:  Provide support to the church (consult your tax advisor).

 

Stock/Gifts of Securities

How:  Contribute long-term appreciated stock or other securities.

Benefit:  Immediate charitable deduction of full fair market value and elimination of capital gains taxes (consult with your tax advisor).

 

Bequests

How:  Name First Presbyterian Church of Delray Beach  in your will (designate a specific amount, a percentage, or the residual value of your estate).

Benefit:  Gift exempt from federal estate tax and control of the asset for your lifetime (consult with your tax advisor).

 

Life Insurance

How:  Contribute a life insurance policy you no longer need.

Benefit:  Current income tax deduction and possible future deductions through gifts to pay policy premiums (consult with your tax advisor).

 

Real Estate

How:  Donate property to First Presbyterian Church of Delray Beach (subject to gift acceptance policy).

Benefit:  Immediate tax deduction and elimination of capital gains tax (consult with your tax advisor).

 

Retirement Assets

How:  Name First Presbyterian Church of Delray Beach as the beneficiary of the balance left after your lifetime using the plan’s beneficiary form.

Benefit:  Make the gift from the most highly taxed assets, leaving more for family and eliminates income and estate taxes (consult with your tax advisor).

 

IRA Charitable Trust Rollover

How:  Anyone who is 70 ½ or older can transfer IRA assets, up to a total of $100,000.

Benefit:  Make the gift from the most highly taxed assets, leaving more for family and provide significant support for the church (consult with your tax advisor).

 

Charitable Gift Annuity

How:  Enter a charitable gift annuity contract that pays a set amount for one or two lives.

Benefit:  Current savings on income taxes and tax-forward fixed payments for estimated life expectancy of income beneficiary(ies) (consult your tax advisor).

 

Charitable Remainder Trust

How:  Create a charitable trust that pays you a set income annually.

Benefit:  Fixed payments for life, often at a higher rate of return and immediate income tax deduction (consult with your tax advisor).

 

Charitable Lead Trust

How:  Create a charitable trust that pays fixed or variable income to the church for a specific time of years, thereafter the balance is given to loved ones.

Benefit:  Reduce your taxable estate and property eventually given back to your family, often   with reduced gift taxes (consult with your tax advisor).


If you are interested in receiving more information about our Legacy Partner program, please complete the Legacy Partner Inquiry Form.





















 

First Presbyterian Church of Delray Beach

33 Gleason Street 

Delray Beach, Florida  33483

561-276-6338