WAYS TO GIVE GENEROUSLY
PRIORITY BUDGETING
You may choose to rearrange your priorities and give up something in your current budget in order to give more to the RISE campaign. Priority budgeting may mean postponing a planned expenditure such as a new car, vacation, remodeling, or other major purchase.
REDIRECT PRESENT EXPENDITURES
Often families have significant short-term expenditures for specific needs. Cash flow changes when a loan is paid or a child graduates. If a present expenditure will cease during the two-year initiative, would you consider using those funds toward your commitment?
INCREASES IN INCOME
You may receive periodic increases in salary or bonuses from your employer or business. The temptation is to increase your lifestyle to fit the higher income. Perhaps God has provided the increase, so you may give more into His kingdom.
PERSONAL PROPERTY
Automobiles, motorcycles, art, jewelry, coin collections, and other valuable assets can be sold, with the proceeds given toward your commitment.
APPRECIATED ASSETS
Many people own assets that have achieved tremendous unrealized gains in value over the years. This is good news. The bad news is if these assets were sold, some portion of the gain could be lost to taxation. Gifts of appreciated assets—typically investment securities or real estate—can be advantageous to both the donor and the church. Unlike gifts of cash that have already incurred an income tax, gifts of appreciated assets avoid the incurrence of capital gains tax. In addition, the donor receives a deduction for the full market value of the asset.
ESTATE PLANNING
As you consider your financial commitment to God and His work, you may want to think about estate planning. Many sincere and committed Christians have not made provision for God in their wills and estate plans. This would be a good time to make a provision in your will that ten percent of the value of your estate be donated to Trinity at the time of your passing. It can also involve a planned giving method such as a Charitable Remainder Trust or a Qualified Charitable Distribution. While such gifts may not give immediate financial benefits to the RISE campaign, they are still wonderful commitments to the ministry of Trinity Presbyterian Church for future generations.