You can increase your potential impact – and experience significant tax savings – by giving non-cash assets. Most charitable gifts are given in the form of cash because this is so familiar. However, non-cash assets may be the most cost-effective way for you to give to Back to God Ministries International.
Examples of Non-Cash Assets
- Stock or marketable securities
- Real estate
- Business interests
- Farm commodities
- Life insurance
- Retirement benefits
Benefits of Giving Non-Cash Assets
- Tax-wise. Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.
- Eliminate hassles. Give assets that you no longer need or want to manage (such as rental properties of vacation homes) for the benefit of Back to God Ministries International.