As people of God we are full of wonder.

We are not cynics, we are not critics, we are creators and contributors.
This is all because we have found hope in Jesus, and we want others to find that same hope we have found.

This year we are taking a step of faith through our wonderfull giving initiative. We believe God is calling us to show the wonder we have found by planting 3 campuses of BCN in the next 18 months. This special offering will help launch that vision into reality. Every dollar given will go towards our focus of “creating more appealing space” at BCN and the surrounding communities.

We invite you to participate in creating the future, and helping others find hope through this special end-of-the-year giving initiative.

FAQ’s

The assets you use to fund your gifts can have an important impact on the amount you decide to give.

Cash. When you itemize your tax deductions, gifts of cash may be used to eliminate federal income tax on up to 60 percent of your adjusted gross income. (1)

Noncash property. Giving assets that have increased in value- including stocks, bonds or mutual funds- can bring additional tax savings.
These gifts are generally deductible at their full value if they have been owned for more than one year and can be used to offset tax on up to 30 percent of your adjusted gross income. (1)
As an additional benefit, no tax is owed on the capital gain that would result from a sale of securities.
Also, because this is gift and not a sale, the 3.8 percent Medicare Contribution Tax on capital gains is not applicable.

If you give securities that have increased in value, you might then decide to repurchase the same or other securities at today’s market price. This results in a new, higher cost basis with less capital gain from a future sale.

(1) Excess contributions may be carried forward for up to five future years.

There are a number of ways to make gifts that can help you meet multiple personal and financial objectives:
Those over age 70 1/2 can make tax-free charitable gifts of up to $100,000 directly from a qualifying IRA. Gifts must be completed by December 31, 2018.
Deductions for charitable gifts might also be used to offset taxes on a bonus, Roth IRA conversion, capital gains, or other 2018 income.
Other gift plans allow you to arrange a fixed or variable income for yourself or others while also making a meaningful charitable gift.
Life insurance policies with cash value that are no longer needed for their original purpose can be an excellent way to fund gift commitments.
In some cases, a gift through a donor advised fund or private foundation can be particularly satisfying

Taking time to plan your charitable contributions for the rest of 2018 can provide the greatest benefits.

Remember that, as always, tax savings depend on completing your gifts by December 31.

We will be pleased to provide more information to you and your advisors as you consider the charitable dimension of your plans.

You can contact JC Slone @ 937-426.3926

LIFE IS NOT MEANT TO BE LIVED ALONE. YOU WERE CREATED TO EXPERIENCE LIFE WITH OTHER PEOPLE.