Planned Giving

Smart and Powerful Giving

Increase the Impact of Your Generosity Through Planned Gifts

Planned gifts offer you smart and powerful ways to increase the impact of your gifts to Life Network – often while benefiting your family, too.

By understanding the available options, you can multiply the results of your generosity in ways that are simple, flexible, cost-effective and powerful.

Benefits of Planned Giving

Tax-wise

Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.

Eliminate hassles

Give assets you no longer need or want to manage (such as rental properties of vacation homes) for the benefit of Life Network

Legacy

Extend the impact of your generosity well beyond your lifetime.

Expertise

Benefit from the knowledge and expertise of Barnabas Foundation staff who will manage your gifts (e.g., help you liquidate your non-cash asset gifts).

Ways to Give

Stock, Real Estate or Other Asset

You can increase your potential impact – and experience significant tax savings – by giving non-cash assets such as stock, real estate, farm commodities, business interests, or life insurance.

Gifts in a Will

When you give a gift (also known as a “bequest”) to Life Network in your will or trust, you model to your loved ones a legacy of generosity. You also help ensure that Life Network will continue to make a difference well beyond your lifetime.

Gifts From Your IRA

You can give from your IRA to ministry without any federal tax liability, as long as the gifts are qualified charitable distributions (QCDs). Distributions qualify for all or part of your required minimum distribution (RMD) as long as:

IRA holders must be age 70 ½ or older at the time of the gift.
Gifts do not exceed $100,000 per year (single person) or $200,000 per year (married couple).
Gifts are made directly to a charitable organization (and not to donor-advised funds, charitable trusts or for charitable gift annuities).
Gifts are only made from traditional IRAs or Roth IRAs.

Gifts That Pay You Income

A lifetime income gift – such as a charitable gift annuity or charitable remainder trust – is a wonderful solution if you wish to give to Life Network in a substantial way, but are concerned about having enough retirement income. You can give cash or other property, and receive steady income for the rest of your life (or a designated number of years). The remainder will benefit Life Network.

Donor - Advised Fund

Donor-advised funds provide you with a simple, flexible and tax-efficient giving opportunity. Receive an immediate tax deduction when you deposit cash or proceeds from appreciated assets into a single charitable giving account. Then, recommend grants be made to Life Network and your other favorite charities at a time that works best for you. Through Life Network’s membership with Barnabas Foundation, you have complimentary access to the “Stewards Fund,” a donor-advised fund that reflects your biblical values.

Life Network partners with Barnabas Foundation to offer our supporters complimentary planning services and assistance with complex gifts.

Since 1976, Barnabas Foundation has helped thousands of individuals and families give more effectively to the ministries close to their hearts. They’ll help you accomplish the greatest good with your generosity – for your family and for God’s Kingdom – through tax-wise charitable giving.

Learn More

Discover smart and powerful ways to increase the impact of your generosity.

Call Mike Hestermann at 719-355-1190 or email at mhestermann@elifenetwork.com.