Cash
How: Simply write a check, give online, or work through your Donor Advised Fund.
Benefit: Potential 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).
Stocks/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).