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Notify us of your beneficiary designation gift
If you check the box in this area, a module will open where you can enter your name and email to notify us of your beneficiary designation gift.
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Thank you for considering a beneficiary designation gift to us. The website link will take you to your retirement plan custodian's website, where you may be able to log in and include Gospel for Asia as a designated beneficiary. Another option is to use the phone number to call your retirement plan custodian. They will assist you in updating your beneficiary designation. If you would like to notify us of your generous beneficiary designation, please complete the Notify us of your Beneficiary Designation section.
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| Thank you for considering a IRA gift to us. A sample letter is available to send to your DAF provider. You may save and print the PDF of your letter. If you have email contact information for your DAF provider, you may send a PDF copy of your DAF letter or you may copy and paste the text into an email. You will need to enter the amount of your recommended grant and your DAF account number on the letter before mailing. If you would like to notify us of your generous gift, please complete the Notify us of your DAF Gift section. | ||||||
A beneficiary designation gift is a quick and affordable way to support the work of Gospel for Asia. Simply contact the administrator of your retirement plan, investment or bank account or your life insurance policy to complete and sign their beneficiary form.
If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement plans, and continue to freely use your bank and investment accounts. You can also change your mind at any time in the future for any reason.
Of the assets listed above, retirement assets may be the most cost-effective assets to donate to charity. Retirement assets left to heirs other than your spouse could be heavily taxed, leaving only a portion of their value to those you love. If you plan to include charitable gifts in your estate plan, consider naming GFA as the beneficiary of your retirement assets while leaving cash and other investment assets to your heirs. Why? Charities are tax exempt and, unlike your heirs, are not required to pay taxes on IRAs and other pre-tax retirement plans. You may want to leave your heirs assets like your home or stocks that can step up in basis to fair market value when you pass away. This permits your heirs to sell these assets with little or no tax due and make use of their full inheritance. Providing more funding for heirs and the Lord's work, along with less taxes for heirs could be considered wise stewardship.
If you have any questions about leaving a beneficiary designation gift to us, please contact us. We would be happy to assist you.
If you have already designated us as a beneficiary of an asset or as part of your estate plan, please let us know. We would like to thank you.
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