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CONTACT

 360-624-7271
info@missioncatalyst.org
PO Box 873520
Vancouver WA 98687

© 2017 MISSION CATALYST NETWORK

GIVE

Thank you for helping us create healthy churches that live out the ways and teachings of Jesus. Here are several ways you can partner with us in building the kingdom. 

You will have the option to donate by credit card or PayPal account (lower left side where it says, “Don’t have a PayPal account?”). You also will have the option to make your gift monthly.

The information you submit on this page is sent over a secure connection between your computer and this server.

To ask questions or donate by phone, call 360-624-7271.

 

One Time Gift

Recurring Gift

Charitable Gift Annuity

 

The charitable gift annuity pays you fixed payments based on your age. The older you are the greater your annuity rate. In fact, of all the gifts that pay you back, the gift annuity may be the simplest and most affordable.

Benefits

  • You receive an immediate income tax deduction for a portion of your gift.

  • Your annuity payments are guaranteed for life, backed by a reserve and the assets of Mission Catalyst.

  • Your annuity payments may be treated as part ordinary income, part capital gains income (15%), and part tax-free income, depending on the assets used to fund the annuity.

  • You can have the satisfaction of making a significant gift that benefits you now and Mission Catalyst later.

How It Works

  • You transfer cash or securities to Mission Catalyst. A gift annuity may be funded with a gift of $5,000 or more.

  • Mission Catalyst pays you (or up to two annuitants you name) fixed payments for life.

  • The principal passes to Mission Catalyst when the contract ends.

A charitable gift annuity is easy to create. The gift agreement is a simple contract between you and Mission Catalyst. Your payments become one of our general obligations, backed by the ministry’s assets.

 
 

Charitable Remainder Annuity Trust

The charitable remainder annuity trust allows you to combine flexible management of your gift with a predictable fixed income payout. The annuity trust is individually managed and can pay fixed income either for life or a term of years to multiple beneficiaries.

Benefits

  • You receive an immediate income tax deduction for a portion of your contribution to the trust.

  • As long as you are one of the beneficiaries, you pay no immediate capital gains tax on any appreciated assets you donate. A portion of the capital gains tax is spread over your life expectancy.

  • You or your designated income beneficiaries receive stable, predictable payments for life or a term of years.

  • You can have the satisfaction of making a significant gift that benefits you now and Mission Catalyst later.

How It Works

  • You transfer cash, securities, or other appreciated property into a trust.

  • The trust makes fixed annual payments to you or to anyone you name.

  • When the trust ends, the principal passes to Mission Catalyst.​

 

Example

Mr. Jones, age 62, transfers $100,000 in appreciated securities, for which he paid $60,000, to establish a charitable remainder annuity trust and elects to receive $6,000 annual payments (six percent) for his life and for the life of his 60-year-old wife. By doing so he eliminates the capital gains tax on the $40,000 of appreciation and also realizes a charitable income tax deduction of approximately $45,621. The beneficiaries will receive $6,000 per year, regardless of fluctuations in the value of the trust assets or actual income realized by the trust.

IRA Qualified Charitable Contribution 

 

IRA owners who are age 70½ or older can make a “qualified charitable distribution” of up to $100,000 directly from an IRA to a qualified charity. These qualified charitable distributions are free from federal income tax, can be used to count toward satisfying the minimum distribution requirement for that year, and must be sent directly to the charity from the IRA.

 
 

Real Estate

 

Gifts of real estate frequently save you thousands of dollars in income or estate taxes. We accept gifts of residential, commercial, or undeveloped real estate.

Benefits

Gifts of real estate secure a charitable income tax deduction for you (based on the fair market value of the property) with no capital gains liability for the transfer. If the property is a long-term asset (held for over one year), you receive a charitable income tax deduction based on the appraised value. You may apply the deduction for up to 30 percent of your adjusted gross income and carry it forward for up to five additional years. Furthermore, you are freed from paying real estate taxes, maintenance costs, insurance, and capital gains taxes on the property’s appreciation. You also avoid capital gains taxes on the transfer and remove the asset from your taxable estate.

How It Works

  • The most suitable method of making a gift of property to Mission Catalyst depends on the donor’s individual situation and on his goals. The methods of making real estate gifts offer great flexibility in financial planning. The most common options include:

    • Outright gift of real estate

    • Gift of real estate using a bequest

    • The right to retain tax use of real estate

    • Bargain sale of real estate

Securities

 

Gifts of appreciated securities often provide more advantages to the contributor than outright cash gifts. The IRS allows one of its most significant tax breaks for these gifts.

Benefits

  • You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.

  • You pay no capital gains tax on the securities you donate.

  • You can direct your gift to a specific fund or purpose.

  • You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits Mission Catalyst later.

 

How It Works

  • You transfer securities to Mission Catalyst.

  • Mission Catalyst sells your securities and uses the proceeds for its programs.

 

Considerations

  • Don’t sell the stock first! Even though you give us the proceeds as a gift, the IRS will impose capital gains tax on your sale, wiping out the benefits of this arrangement.

  • Don’t contribute stock that has declined in value! First, the fair-market deduction rule works against you: if you bought stock for $50,000 and it’s now worth $30,000, your charitable deduction will be limited to $30,000. Second, you won’t earn a capital loss by making the transfer to us, either. It is better to sell depreciated stock, claim the resulting tax loss as one deduction, then make a deductible cash gift to Mission Catalyst with the proceeds.

 

Example

Mrs. Jones gave 100 shares of long-term appreciated stock for which she paid $10 per share 15 years ago. The stock had an average market value of $50 per share on the gift date, for a total gift to Mission Catalyst of $5,000. Because her cost was $1,000 ($10/share x 100), the capital gain, had she sold the stock, would have been $40 per share, or $4,000. A gift is not a sale. There is no capital gains tax, and the charitable deduction is the average fair market value of the gift of $50 per share — or $5,000.

The deduction also increases Mrs. Jones’ spendable income, because her income tax is less in the gift year and in any year to which the deduction is carried over.

Mrs. Jones’ adjusted gross income in the year of the gift was $21,000. She could apply the entire $5,000 deduction in the gift year, because she could deduct up to $6,300 ($21,000 x 30%). If her adjusted gross income was only $15,000 in the gift year, she could apply $4,500 ($15,000 x 30%) in the gift year and carry over $500 to the following tax year.

 

Wills

 

A will can be a means of making a substantial gift to Mission Catalyst without diminishing the contributers’ assets during their lifetimes. Important estate tax savings can result from such contributions, since bequests to Mission Catalyst may be deducted entirely from the taxable estate in determining estate taxes. Often such bequests will place the estate in a lower tax bracket.

While we welcome large bequests, such gifts do not need to be large to have a worthwhile impact. For example, a $20,000 bequest will provide a perpetual gift of $1,100 per year to Mission Catalyst in the name of the contributor (at a 5.5 percent yield, with any excess income returned to the principal of the fund to encourage further growth and keep pace with inflation).

Of the numerous ways to give through a will, a bequest of a fixed amount of dollars or specific property is perhaps the simplest. It is the most logical form when the individual has in mind a particular project to benefit Mission Catalyst.

 

Benefits

  • Your assets remain in your control during your lifetime.

  • You can modify your bequest if your circumstances change.

  • You can direct your bequest to a particular purpose (be sure to check with Mission Catalyst to make sure your gift can be used as intended).

  • There is no upper limit on the estate tax deductions that can be taken for charitable bequests.

  • You can have the satisfaction now of knowing that your bequest will support Mission Catalyst in the way you intended when you are gone.

 

How It Works

  • You can provide now for a future gift to Mission Catalyst by including a bequest provision in your will.

  • Your will directs assets to your heirs.

  • Your will directs a bequest to Mission Catalyst for the purpose(s) you specify.

 

How to Prepare Your Will

Your attorney should prepare your will. It is a legal document custom-made for your situation. While some people use a blank will form or draw their own will, we advise the use of an attorney to assure that your will is properly drawn, signed, and witnessed.

If you already have a will, it may be amended to make a gift without rewriting the entire document. Your attorney can prepare the simple statement (called a codicil) that adds a bequest to Mission Catalyst.