Giving to Gospel for Asia can be done either directly or through various means which can provide tax benefits or even income. Click on a title below to learn more.
In 2015, Congress enacted a permanent extension of the IRA charitable rollover. As a result, individuals age 70½ or older can make gifts directly from their IRA to charity which can qualify as their Required Minimum Distributions.
Charitable Gift Annuity
You transfer your cash or appreciated property to Gospel for Asia in exchange for our promise to pay you fixed income (with rates based on your age) for the rest of your life.
Charitable Annuity Trust
You transfer your cash or appreciated property to fund a charitable trust. The trust sells your property tax free and provides you with fixed income for life or a term of years.
Charitable Lead Trust
You transfer your cash or property to fund a lead trust that makes gifts to Gospel for Asia for a number of years. You receive a charitable deduction for the gift. Your family receives the remainder at substantial tax savings.
Give It Twice Trust
You may be looking for a way to provide income for your children while making a gift to Gospel for Asia. The Give It Twice Trust is a popular option that allows you to transfer your IRA at death to a term-of-years unitrust.