Gifts to Sunset are valued highly and used effectively. With some simple planning and forethought, your gift can also fit in very nicely with your goals and financial strategies. Once you have decided to make a gift to Sunset, there are three questions that can help your gift to be as effective as possible:
- What do I want my gift to accomplish?
- What type of gift can I give?
- How can I structure my gift in a way that fits my personal financial plans?
With some of the estate plans available now, many people find that they have assets available to assist their charitable interests, even after taking care of their families. There is no one single method or strategy which is best for everyone. Choosing the proper asset, structure, and timing of your gift is critical to creating optimum advantages for you, your family, and Sunset International Bible Institute.
What Do I Want My Gift to Accomplish?
Gifts to Sunset can be given to a number of areas of need, depending on where you want to create the most impact:
- Annual Fund
- Named Gifts
What Type of Gift Can I Give?
Just as gifts can be made to Sunset for many purposes, your gifts may take many different forms. The form of gift you decide to make depends on your specific tax, income, or estate-planning needs. Generally, though, there are two primary gift forms: outright gifts and deferred gifts.
Outright Gifts include:
- Appreciated Securities
- Real Estate
- Personal Property
Deferred Gifts include:
- Qualified Retirement Plans
- Life Insurance
- Life Estate in Home, Farm, or Ranch
- Life Income Gifts
- Charitable Gift Annuities
- Charitable Remainder Trusts
- Charitable Remainder Annuity Trusts
- Charitable Remainder Unitrusts
- Charitable Lead Trusts
- Closely Held Business Interests
How Can I Best Structure My Gift?
You may structure your total gift to Sunset International Bible Institute over a number of years. Using methods of both outright and deferred giving can allow you to manage and preserve your own resources for you and your family and also allows you to make a larger contribution than might be otherwise possible with a single gift.
For more details about all of the above information, including financial and tax considerations for each type of gift listed above, please view our detailed guide, "Ways to Give."