Thank you for caring about the cause of God and wanting to give back to Him, as He has given to you. When all Israel donated their gifts to build God a temple, David prayed, "Who am I, and who are my people, that we should be able to offer so willingly as this: For all things come from You, And of Your own we have given You." 1 Chron. 29:14.
All we can give to God, is what He has already given us. Through your gifts and donations Amazing Discoveries is able to tell the world about the soon return of Jesus. Thank you for partnering with Amazing Discoveries to spread the 3 Angels' Message around the globe. We have been in this sin-sick world long enough and it's time to go home.
Some of these options are deferred and will benefit AD after your lifetime. Others will go to work during your lifetime. Each one delivers its own unique kind of tax advantage and can be a powerful tool to save money in your Estate or for your present needs while at the same time benefiting the cause of God.
Wills or Living Trusts
The most common type of charitable gift is a bequest in a will or trust. A will is simply a letter of instructions to a judge, telling him who you want to receive your assets when you pass away. A trust is like a will, except it is private and avoids probate. When naming Amazing Discoveries in your will or trust, please make sure the name is accurate to avoid problems or delays. Please consider contacting the AD Planned Giving Coordinator to talk about the correct wording for your will or trust.
Gifts of Retirement Accounts
Do you have an IRA, 401k, or other retirement account? If you don't use all the money in your retirement account, the money goes to the beneficiary you named on the account. But this can have serious tax implications for the individual. However, naming a charity like Amazing Discoveries as the beneficiary can help save on both estate tax and income tax. And it's free to do!
Gifts of Life Insurance
Do you have a life insurance policy? Will your family not need that money to support them when you are gone? If yes, naming Amazing Discoveries as your life insurance beneficiary will save estate taxes and won’t cost you a thing. Giving your life insurance policy to charity is a quick and easy way to satisfy your philanthropic desires.
Gifts of Stocks, Bonds, Art and Other Assets
Don't have cash but still would like to help the ministry? If you have assets such as stocks, bonds, vehicles, boats, planes, art, collectibles, etc you can donate them to AD. But before you rush to sell that asset, consider the value of your asset. Your asset's appreciation or depreciation will have an effect on how you should proceed.
Gifts of Real Estate
You may want to give your home, land, or rental property to a charity/ministry. Many times donors do this when they have unused land, more than one home, or they are downsizing. You can donate all or only part of your real estate to Amazing Discoveries. There are tax advantages to both options.
Charitable Gift Annuity
Do you need retirement income? Do you have assets that aren’t producing income? A charitable gift annuity is an excellent way to ensure an income stream for life, while supporting Amazing Discoveries. The donation also gives you a current charitable tax deduction on your tax return. After you pass away, the remainder of your donation goes to Amazing Discoveries.
Charitable Remainder Trusts
If you want retirement income, you might consider a Charitable Remainder Trust (CRT). A CRT pays an income stream for life at a payout rate you choose. The remainder goes to charity. A CRT allows you to increase your retirement income, decrease taxes, and still make a lasting contribution to the cause of God. You will need the services of a lawyer and a financial advisor. This trust is useful for people who have money or property valued over $100,000 that they want to turn into an income stream.
Charitable Lead Trusts
Do you want to benefit Amazing Discoveries, but would like to leave your estate to your family, a Charitable Lead Trust might be the answer. A Charitable Lead Trust is basically the reverse of a Charitable Remainder Trust. In a Lead Trust, the charity receives the income payments, but your beneficiaries receive what remains. This allows you to support the ministry while still leaving an inheritance for your family members.