Please prayerfully consider the following strategies for sacrificial giving. This guide may help you find additional sources for giving through the Five D’s:

• Donate
• Do Away
• Delay
• Do More
• Deny

“Lord, what do You want to do through me to realize Your vision for Village?”  What is God calling you to do? What is God calling you to do without?  How might God provide as you step out in faith to give generously as an act of worship, joining with God in His work?

“He will always make you rich enough to be generous at all times, so that many will thank God for your gifts which they receive from us.”

II Corinthians 9:11

Donate: Give income, assets, or future revenue.

Gifts-In-Kind: Transferring ownership of an asset, rather than selling it and then giving the cash, can eliminate potential capital gains taxes and allow Village to realize the full market value of the asset. [FAQs / More details]

Cash Flow Gifts: Weekly, semi-monthly, or monthly giving allows large gifts to be reached in small steps.

Income-Producing Assets: Interest income, payments from rental properties or monies from other income-producing assets provide a source for increased giving.

Sales of Assets: Sales of major assets, such as a house, car, land, or business provide income for giving.

Raises/Bonuses: Dedicating forthcoming raises and bonuses is a creative way to increase giving.

Savings and Annuities:  Savings for special projects, retirement, or a “rainy day” may be a resource for increased giving. Often we realize that a portion of our savings may safely be given to the work of God’s kingdom through our church.

Corporate Gifts:  Those who have used their business as a source for giving have made significant donations.

Charitable Giving Resources:  Reviewing all charitable donations for their impact on God’s kingdom affords a resource for significant giving.

Here’s a starter list …

Do Away: Reduce spending to free up resources.

Diverted Funds: Lifestyle adjustments allow you to increase giving to God’s work. Diverting funds from entertainment, dining out, dues, subscriptions, gifts, allowances, utilities, or transportation, can impact your giving.

Freedom from Debt: As you look ahead into the next three years, you may discover that debt obligations will be fulfilled. This frees up revenue for additional giving.  Village periodically offers workshops to help Villagers eliminate debt. [LINK???]

Here’s a starter list …

Delay: Hold off on major purchases like big vacations, new cars, etc.

Delayed Expenditures: Delaying purchases allows a person to significantly increase giving.  Postponing the acquisition of major items such as automobiles, or trips provides substantial giving opportunities.

Here’s a starter list …

Do More: Find creative ways to increase your savings through thrifty shopping or finding new ways to earn money.

Unique Skills Income: Some people have marketable hobbies or skills, which enable them to give from those new profits.

Additional Work Income:  Taking a second job, part-time job, or coming out of retirement are strategies people have used to increase giving.

Here’s a starter list …

Deny: Sacrificially cut something out of your life as a reminder to pray and give.

Consider giving up something special to you, for the a given period of time. This not only generates additional funds you can give to the ministry, it also serves as a reminder to pray and seek God’s will for Village.

Here’s a starter list …

Note:      Any discussion of tax treatment is not intended and should not be considered as tax advice. Consult your personal tax professional for advice on your tax position.

Gifts in Kind

What Kind of Assets Should I Give?

Appreciated investment property held more than one year, such as stock, mutual funds, bonds, real estate, collectibles, and other such property have tremendous tax advantages.

Village offers estate planning help through Gene K. Christian at no charge to Villagers.  For an appointment with Gene, please contact Pastor Jim McGuire.

Personal property (automobiles, jewelry, etc.) may also be given. There may be no capital gains tax benefits, but the financial and spiritual benefits can be tremendous.

Why Give Gifts-In-Kind?

The tax code is very generous toward this form of giving.

Giving the asset to the church and letting the church sell it can eliminate potential capital gains taxes and can increase after tax proceeds.

How Does The Tax Benefit Work?

Itemized Deduction: The individual or business may include 100% of the market value of most such assets as charitable contributions for tax purposes if held more than one year.

Capital Gains: The transfer of property does not generate a capital gains tax.

The church, as a tax exempt entity, will realize full market value, less transaction costs, at the time of sale without paying capital gains taxes.

What If I Sell First Then Give The Cash?

You may be subject to capital gains taxes thus reducing after tax proceeds from the sale.

Sell First G-I-K
Market Value        20,000             20,000
Cost Basis            -10,000 -10,000
Gain                    10,000             10,000
Tax (assuming 15%)                      1,500            -0-
After Tax Proceeds                       18,500          20,000

How Do I Give Gifts-In-Kind?

For stocks, mutual fund shares, and bonds:

Transfer Instructions (if held in “Street Name”)

Contact your broker, requesting the transfer, and provide the following:

Firm: Ameritrade– 503-644-8872
9600 SW Barnes Rd #190
Portland, OR 97225
DTC #: 1088
Acct #: 875020380
Acct Name: Village Baptist Church

You will be provided with stock powers or transfer papers to complete the transfer.

For shares in your possession, you will need to endorse the certificates and have the signature “guaranteed” by a financial institution in the “Medallion Stamp Program.”

For more information regarding gifts-in-kind, or giving other types of assets contact Pastor Jim McGuire at 503-643-6511.