Types of Giving

There are multiple ways for you to give at Point of Grace Church. Each method allows for God's work to be done as you are faithful to his calling to give back. For more information about each giving option, please click on the boxes below.

Cash
Cash is the easiest method of giving, and the option that provides the most immediate benefit. Cash may be given as a one-time gift online via electronic check or credit card, or you can establish automatic electronic payments through your bank account or credit card.

There are also several alternative forms of giving, as described below. If you are interested in any of these options or would like more information, please contact us at finance@Point of Grace Church .

Appreciated Marketable Securities
Appreciated Marketable Securities are a great way to maximize your giving, because you receive an immediate income tax deduction for the full fair market value of your securities. In addition, you pay no capital gains tax on the difference between your cost and the fair market value.?Learn More…

Life Insurance
A current life insurance policy can be transferred to Point of Grace Church, for which you receive an immediate income tax deduction for the cash surrender value. Point of Grace Church will elect one of two options: cash in the policy for immediate ministry needs, or keep it and utilize the death benefit later.

Planned Gifts
If you have planned in advance to give a gift as part of your overall personal financial strategy, either now or in the future, we recommend that you discuss your strategy with your tax and/or financial advisor.
•    There are several types of gifts that may fall under this category, many of which are very simple to make and do not require any formal communication to us. These include:Life Insurance. You can simply name a Point of Grace Church as a beneficiary
•    Retirement Assets. You can name Point of Grace Church as a beneficiary of your IRA, 401(k) or other qualified retirement plan. Any amounts left in your plan will transfer to Point of Grace Church free of income and estate tax.
•    Bequests. You can name Point of Grace Church in your will as a beneficiary, and your estate will receive an income tax deduction for the value of the bequest. A bequest written in a will can be made for either a percentage or an amount.
Other types of planned giving include gifts that may be more long-term in nature. For example:
•    Charitable Gift Annuity. Cash or marketable securities are transferred to a charitable organization in exchange for a current income tax deduction and the organization’s promise to make fixed annual payments to you for life.
•    Charitable Lead Trust: Cash or marketable securities are transferred to a trust, which makes fixed payments to the charitable organization over a specified period of time, then transfers the remaining assets to your heirs.

Other Methods
Other options that provide you with immediate tax benefits and allow immediate use for Point of Grace Church ministries are giving business interests and personal assets. We will consider gifts of business interests (closely-held non-marketable securities, oil and gas or mineral royalty interests) or personal property (cars, furniture, works of art, etc.) on a case-by-case basis.

Year End Giving
The End of the Year is Almost Here, and we’re thankful for your financial partnership in reaching the world for Christ! Here’s a little more info on how to make the most of your year-end giving opportunities in 2008….