Discover Ways to Give to CSD’s Mission

WISDOM | SUPPORT | GIVING

Giving Options

We are so grateful for every gift we receive that helps us fulfill our calling here at CSD! In addition to tithes and offerings, there are other strategic giving options to help you make the most of your generosity with regard to asset and portfolio management. Please prayerfully explore the information on this page and as always let us know if you need assistance. The business office department at CSD is here to serve you.

Need Help? Reach Out

Please click the button below to be taken to our contact page where there is an online form available. Alternatively, you can give us a call during regular business hours.

Jon Geraci

Generosity increases capacity. Planning increases your impact.

Plan Your Strategy
There are distinct advantages to planning ahead. You may benefit from maximizing gifts in a single tax year rather than spreading gifts out equally every year.
Give From Your IRA
If you are 70½ or over, you can make a tax-free transfer directly to CSD that counts toward your required distribution if one is due.

Know the Tax Rules
If you do not itemize, you may still take up to a $300 above-the-line deduction for cash donations in 2022 ($600 for married couples).
Avoid Capital Gains Tax
Gifting appreciated stock, bonds or real estate held for more than one year can avoid capital gains tax.

Ways to Support the CSD Mission Retirement Assets Stocks, Bonds & Mutual Funds Real Estate Insurance Policies

Click a tab for more information about giving options.

Gifts of Retirement Assets

Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension, or other tax-deferred plans, is an excellent way to make a gift to Calvary South Denver.

If you are like most people, you probably will not use all your retirement assets during your lifetime. You can make a gift of your unused retirement assets to help further our mission.

Benefits of gifts of retirement assets

· Avoid potential estate tax on retirement assets

· Your heirs would avoid income tax on any retirement assets funded on a pre-tax basis

· Receive potential estate tax savings from an estate tax deduction

How to make a gift of retirement assets

To leave your retirement assets to Calvary South Denver, you will need to complete a beneficiary designation form provided by your retirement plan custodian. If you designate Calvary South Denver as the beneficiary, we will benefit from the full value of your gift because your IRA assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

More on gifts of retirement assets

Did you know that 60%-70% of your retirement assets may be taxed if you leave them to your heirs at your death? Another option is to leave your heirs’ assets that receive a step up in basis, such as real estate and stock, and give the retirement assets to Calvary South Denver. As a charity, we are not taxed upon receiving an IRA or other retirement plan assets.

Gifts of Stocks, Bonds and Mutual Funds

Donating appreciated securities, including stocks, bonds, or mutual funds is an easy and tax-effective way for you to make a gift to Calvary South Denver.

Benefits of gifts of stocks, bonds, and mutual funds

· Avoid paying capital gains tax on the sale of appreciated stock

· Receive a charitable income tax deduction

· Further our mission today

How to make a gift of stocks and bonds

By electronic transfer – To make a gift of securities via electronic delivery, you will need the following information.

DTC: 0188

Account #: 2554331057

Account Name: Calvary Chapel South Denver, Inc.

Calvary Tax ID: 84-1219976

Calvary’s Broker Information: TD Ameritrade Clearing, Inc.

200 South 108th Avenue

Omaha, NE 68154-2631

1-800-669-3900 (24-hour service)

By certified mail – If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.

More on gifts of stocks, bonds and mutual funds

There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.

Gifts of Real Estate

Donating appreciated real estate, such as a home, vacation property, undeveloped land, farmland, ranch or commercial property can make a great gift to Calvary South Denver.

Benefits of gifts of real estate

· Avoid paying capital gains tax on the sale of the real estate

· Receive a charitable income tax deduction based on the value of the gift

· Leave a lasting legacy to Calvary South Denver

How to make a gift of real estate

Your real property may be given to Calvary South Denver by executing or signing a deed transferring ownership. You may deed part or all your real property to Calvary South Denver. Your gift will generally be based on the property’s fair market value, which must be established by an independent appraisal.

Gifts of Insurance Policies

A gift of your life insurance policy is an excellent way to make a gift to Calvary South Denver. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Calvary South Denver. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Benefits of gifts of life insurance

· Receive a charitable income tax deduction

· If Calvary South Denver retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums

· If Calvary South Denver cashes in the policy, you will be able to see firsthand how your gift supports our charitable work

· If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work

How to make a gift of life insurance

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Calvary South Denver as the beneficiary of your policy.

You can also designate Calvary South Denver as a partial, full, or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction.

Your deduction for the gift of life insurance will depend on whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made.

If you have any questions about any of the giving options presented here, please contact us via the online contact form or give us a call. We would be happy to answer any questions that you have.

Please let us know if you have already named us as a beneficiary on a retirement asset or insurance policy. We would like to thank you and recognize you for your gift.