Appreciated Assets

Gifts of appreciated assets enhance your giving! In addition to stocks and bonds, consider:

• Real Estate
• Business Interests
• Partnerships

Discover Other Great Giving Ideas . . .
Complete An Estate Inventory Review

Often, satisfying giving ideas emerge from the process of an estate inventory review. Our Gift and Estate Design services is available to help you think creatively about your giving plans. The list of non-cash gift ideas that can be identified is intriguing. For example, a Greater Europe Mission trustee gifted a beneficial interest in a town-home as part of his annual giving and accomplished goals within his estate plan at the same time.

Real Estate

Your gift of a home, vacation property, or rental or other commercial property can have significant Kingdom impact. You may transfer your gift to Greater Europe Mission in three primary ways:

• Outright Gift––You realize the benefits of bypassed capital gains and a current charitable deduction.
• Life Estate––Allows you to live in the residence for your lifetime.
• Life Income Trust––Provides lifetime income for one or more beneficiaries.

Gifts of real estate to Greater Europe Mission are deductible at their fair market value and often bypass capital gains tax. You are responsible for securing an appraisal to substantiate your deduction. We can assist you in following the IRS-required procedures and internal Greater Europe Mission policies to accomplish such a gift. Real property that is appreciating in value can be a useful estate-planning tool:

• Lead Trust––Gift appreciating income property to ministry for several years, allowing Greater Europe Mission to benefit from the income. Then pass it on to family at a discounted value, with none of the recent appreciation recognized for tax purposes.

Gifts of Business Interests

Greater Europe Mission can also facilitate gifts of business interests––C-Corporation or S-Corporation transactions––as part of an outright gift or estate plan strategy. S-Corporation transfers often involve asset sale strategies or conversion to C-Corporation status to accomplish the gift.

Partnership Gifts

Partnership interests can be used to fund outright gifts or, in certain cases, life-income arrangements such as Charitable Remainder Trusts. They can be given during your lifetime or at your death through your estate. Gifts of partnership interests qualify for a charitable deduction based on (but not necessarily equal to) the difference between your share of the fair market value of the partnership’s assets and your share of the partnership’s liabilities. Greater Europe Mission accepts gifts of general and limited partnership interests in real estate and business-based limited partnerships (i.e., real estate partnerships, oil and gas partnerships, general business partnerships, and Limited Liability Company interests). Gifts of partnership interests involve consideration of issues of valuation, suitability of Greater Europe Mission as partner, transfer restrictions, unrelated business income, and evaluation of tax consequences to the donor.

Gifts of Books and Artwork

Greater Europe Mission is receptive to gifts of books, artwork and collectibles that meet these requirements:
* The donated pieces must be related to Greater Europe Mission's Christian mission, and:
* The donor must secure an appraisal of the pieces, conducted by an independent appraiser who was not originally involved in selling the pieces to the donor.
Greater Europe Mission can assist the donor in following the IRS-required procedures for this appraisal.

For further information and assistance, please contact Steve Hoffman of our Gift and Estate Design services.

Phone: 1-800-436-4488
Email: shoffman@gemission.com

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