Make EQUIP an ongoing part of your legacy
Perhaps you’ve never considered your legacy... what you will leave behind when Christ calls you home.
Your family and assets make up a part of that legacy — as does your ministry through EQUIP.
Because you share our passion for mobilizing Christian leaders to fulfill the Great Commission in every nation... we warmly invite you to consider making EQUIP an ongoing part of your legacy by giving:
Wills and Bequests Make Your Legacy a Never-Ending Story
A bequest is written in a will or trust and directs a gift to be made to a qualified, tax-exempt charity — like EQUIP — when you pass away.
Whether it’s a gift of cash, real estate, or the residual of your estate, a bequest allows EQUIP to use your assets to continue mobilizing Christian leaders to transform their world while also benefitting your family and loved ones.
Benefits:
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Allows you to retain assets during life
- Flexible and can be modified at any time
- Be part of fulfilling the Great Commission with EQUIP and reaching nations for Christ!
How It Works
You can make a bequest to EQUIP in several ways …
- Include a bequest to EQUIP in your will or revocable trust
- Designate EQUIP as a full, partial, or contingent beneficiary of your retirement account
- Name EQUIP as a beneficiary of your life insurance policy
Of course, in order to make your bequest, you should speak with your estate planning attorney. They can help you include language in your will or trust that specifies a bequest be made to EQUIP as well as to loved ones.
The sample language below may be of help to you and your attorney in deciding what type of gift to create.
Sample Bequest Language
- PERCENTAGE OF ESTATE
I give to EQUIP Leadership, Inc., a non-profit corporation (tax identification #33-0686464, located at 2050 Sugarloaf Circle, Duluth, GA 30097: ________ percent (%) of my residuary estate. - FIXED DOLLAR AMOUNT:
I give to EQUIP Leadership, Inc., a non-profit corporation (tax identification #33-0686464), located at 2050 Sugarloaf Circle, Duluth, GA 30097: the sum of ($). - CONTINGENT GIFT:
If any of the above named beneficiaries should predecease me, or in the case of failure or lapse of any legacy, I give his/her share to EQUIP Leadership, Inc., a non-profit corporation located at 2050 Sugarloaf Circle, Duluth, GA 30097.
- GIFT OF PROPERTY:
I give to EQUIP Leadership, Inc., a non-profit corporation (tax identification #33-0686464), located at 2050 Sugarloaf Circle, Duluth, GA 30097: the following described property {describe property such as: My house located at (provide address) and legally described as (provide legal description) or my land (provide description)}.
IRA Charitable Rollover Big Giving for the Gospel Comes with Big Tax Savings!
If you’re 70-1/2 or older, you can give a rollover gift of up to $100,000 from your IRA and not add a penny to taxable income. Plus, if you are age 72 or older, your gift will count toward your required minimum distributions.
Benefits:
- Avoid taxes on transfers up to $100K
- Not subject to the deduction limits on charitable gifts
- Further the world-transforming mission of EQUIP
How It Works
- Contact your IRA plan administrator to make a gift from your IRA to EQUIP.
- Your IRA funds will be directly transferred to our organization to help continue transforming the world by transforming one student at a time.
- Please Note: IRA charitable rollover gifts don’t qualify for a charitable deduction — but they allow you to avoid taxes you would have otherwise needed to pay.
Appreciated Assets and Stock Raise Up Christian Leaders — and Save on Taxes, Too!
When you donate appreciated assets you have held for a year or more, such as real estate or stocks, you receive a charitable giving deduction for the fair market value of the asset (up to 30% of your AGI) and normally avoid capital gains tax, too.
Benefits:
- Minimize your tax liability
- Receive a charitable income tax deduction
- Wisely benefit your heirs
- Advance God’s kingdom on earth!
How It Works
-
Example:
Stock purchased at $2,000 —
Valued today at $20,000 — Gain: $18,000 -
Donate stock through EQUIP = $20,000 for ministry
No capital gains tax on charitable donation of stock
VS.
Sell stock and donate proceeds = $17,300 for ministry
$20,000 - $2,700 in capital gains tax*
You also are eligible to receive a charitable giving tax deduction for the full value of the appreciated stock!
*If stock is held for more than one year and donor is in the 15% capital gains tax bracket
Our partners make it possible to extend the impact into countries and regions all across the world. The legacy of transformation is achieved through your generosity and time.
If you share our passion for mobilizing Christian leaders to fulfill the Great Commission in every nation ... we warmly invite you to consider making EQUIP an ongoing part of your legacy by giving