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You
Can Help Keep The Light Shining!
“Let them do good, that they
be rich in good works, ready to give, willing to share, storing
up for themselves a good foundation for the time to come, that
they may lay hold on eternal life.” I Timothy 6:18-19 (NKJV)
You may use any one or all of the following
Gift Options to help support the ministries of the City Rescue Mission.
Your gifts help feed the hungry, shelter the homeless, and prepare
the less fortunate for meaningful and productive lifestyles. Subject
to your personal tax circumstances, IRS Tax Regulations, and State
Tax Regulations, your gifts should qualify for the Michigan Homeless
Tax Credit and Federal Charitable Tax Deduction.
Annual Christmas Needs
Staff and volunteers
are busily preparing for the annual Christmas celebration. Each Mission
client will receive a Christmas gift package. Please drop off your
unwrapped donation as soon as possible.
Men
Dress &
Sports Socks - size 10-13
Cologne
Gloves/Hats/Scarves
Handkerchiefs
Wallets
Women &
Children
Sweaters - M, L & XL
Perfume/Bubble Bath/Powder
Children's Toys & Books
Gloves/Hats/Scarves
Wallets/Purses
Blankets
Creative Gift Options
Check or Cash Gifts
Money Market, Regular Checking Account,
Savings Account, or other funds may be given or combined with other
Gift Options.
Appreciated Assets
Stocks, Mutual Funds, Time Saving Certificates,
Valuable Collections, other types of securities, land, crops, and
livestock that have appreciated in value offer very economical, yet
productive ways of giving. Regardless of the purchase price, the
current full value establishes the gift amount. In addition, you
avoid Capital Gain Taxes.
Depreciated Assets
This option enables you to turn a no
longer needed or wanted item into a tax-deductible gift. Examples
are automobiles, boats, motorcycles, motor homes, trailer, and land
or water sport vehicles. If you would like to use this avenue of
giving, please contact our Director of Development.
Insurance Policies
Policies that are paid-up and / or no
longer needed for their original intended purpose can be assigned
to the Mission. The cash value as well as accumulated dividends are
tax-deductible. If you have a policy or policies you do not wish
to assign, you may give the current cash value and / or dividend
accumulations. Another option is that you can also assign future
cash value increases and dividends to the Mission.
Proceeds from a Sale of Personal
Property
You may have several items of value
that you no longer need or want. You can put their value to work
for the Lord by selling them and giving the proceeds of their sale
to the City Rescue Mission. It is possible that proceeds of the sale
may not be taxable. However, the cash gift would be tax-deductible.
Personal Gift-Liquidated Loans
These loans make funds immediately available
for ministry needs. They are non- collateralized loans that are satisfied
by a series of gift liquidation payments over a one, two, three,
or five-year period. At your option, the loans can be interest bearing
or non-interest bearing. Each liquidation payment is a tax-deductible
gift at the time of the payment
Other Creative Gift Options
You may have another way you would like
to give that is not listed above. Some examples are including the
Mission in your Will, a Living Trust, a Gift Annuity, or a special
Trust. If you would like to discuss your desired way of giving, please
contact our Director of Development.
Memorial and Honorial Gifts
Any of the Gift Options may be given
in memory or honor of another. A Memorial Gift is one that cherishes
the memory of a departed loved one or friend. An Honorial Gift is
a gift given in tribute to a living person who has a meaningful part
in your life.
Your gift today makes it possible for
those who are less fortunate than you to receive immediate help and
encouragement for today, and hope for tomorrow.
Make a Contribution Today!
Information
Request
The above information regarding taxes
is of a general nature only. Please contact your CPA or tax counselor
for advice and guidance regarding your specific situation.
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City Rescue
Mission of Saginaw
P.O. Box 548
Saginaw, MI 48606
(989) 752-6051
info@rescuesaginaw.org
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