Including Sunshine Ministries in your estate planning is an excellent way to leave a legacy of healing, help and hope for the homeless and needy of St. Louis.
Benefits of Planned Giving for Donors
In addition to helping Sunshine Ministries and those we serve, Planned Giving has the potential to significantly benefit donors. Potential benefits include:
Tax Benefits – Planned gifts can reduce estate tax liability if you have
a taxable estate, or, in certain cases, qualify as an income tax deduction.
Greater Flexibility – Few of us are able to give as much as we
would like to our favorite charities during our lifetime.
A planned gift, however, can include real estate or investments
that are currently producing needed income.
Increased Impact – Planned gifts often play a big part in helping a
charitable organization make improvements or capital expenditures that
enlarge the scope of the organization’s work for many years to come.
Planned Giving Options
There are many different ways to make a planned gift to Sunshine Ministries. Three of the most popular options are listed below. Of course, you should always consult your attorney or tax advisor before you finalize or change your estate plans.
Bequest in Will – An arrangement in which a donor establishes
a dollar amount or a percentage of his or her estate or trust
which will go to Sunshine Ministries upon their death.
Gift Of Appreciated Securities – A donor may stipulate in his
or her will that certain securities shall be donated to
Sunshine Ministries at their death. Donors who do this avoid
capital gains tax and receive the deduction of the full value
of the securities donated.
Gift of Life Insurance – As with gifts of appreciated
securities, a donor may make a gift of life insurance
benefits and receive substantial income tax savings.
For more information
Click here to contact us for more information about these or other Planned Giving options.