Planned Giving

What is Planned Giving?

A future gift that is thoughtfully planned allows you to combine your personal stewardship objectives with your charitable giving goals. We invite you to learn more about Exodus’s planned giving options by reading below or contacting us directly. Please consider filling out the Planned Giving Information Request Form below. All information you share will be kept confidential.

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Best Assets for Outright Gifts

Cash – When you give a gift of cash, the results are immediate. If you itemize your deductions on your personal federal income tax return, you can make a charitable gift deduction for the amount of your cash gift. You can also give online today with your credit or debit card.

Friends of Exodus – monthly gifts

Our monthly giving program allows Friends of Exodus to give automatically with an credit or debit card. There are many advantages to giving monthly through this program. Learn more about the Friends of Exodus program.

Real Estate & Personal Property - For most Americans, one of the most significant assets we own is real estate. Within guidelines, Exodus gladly accepts gifts of all or a part of readily marketable, appreciated, unencumbered real estate that you own.

Outright gifts of real estate often result in an income tax deduction equal to the fair market value of the property, as determined by appraisal, but in some situations this may be reduced.

Securities: Stocks & Mutual Funds

Stocks: If you own stocks that have increased in value since their purchase, you can benefit by using them to make a charitable gift to Exodus. You can deduct the fair market value of the securities (held for at least one year and a day) and pay no capital gains tax.

If you own stock that has decreased in value since you purchased it, you can sell the stock and claim it as a “loss” for income tax purposes. By giving the cash proceeds to Exodus, you receive an income tax deduction.

Mutual Funds: The transfer of mutual fund assets is usually done electronically, and most mutual fund companies have their own guidelines for transferring their funds. Upon your instructions, your mutual fund’s agent will transfer the shares to Exodus.

For tax purposes, a mutual fund is not considered a gift until it has been transferred out of your name and into the name of Exodus. This is important, as the actual date of the transfer into Exodus’s account determines the completion, value, and deduction of the gift for tax reporting purposes.

Important: Whether you are electronically transferring stock or giving a mutual fund gift, please let us know. Knowledge of your gift allows us to track its progress, disburse your gift correctly and provide you with an acknowledgement letter for your tax records.

Please contact our Finance Manager at the Exodus office for the address to send your stock or mutual fund gift.

Gifts Beyond Your Lifetime

Bequests

Creating a Will is an expression of love for those you leave behind — family, friends, and charities whose work you support.

When you include Exodus in a bequest in your Will, you are transferring the values you hold dear. No other planned gift is as simple to implement and as easy to change. You maintain the use, benefit, enjoyment, and control of your assets for as long as you need them — for as long as you live.

There are several ways to include Exodus in your Will

A general bequest can be a dollar amount or percentage of your estate.

A specific bequest describes the exact property you want a particular beneficiary to receive. It can include personal belongings, shares of stock or real estate.

A residuary bequest distributes the remainder of your estate after all other bequests, debts, expenses, and taxes have been satisfied.

A contingent bequest takes effect when certain conditions are met.

If you already have a Will, it can be modified with the simple addition of a document known as a codicil. And, it’s a good idea to review your Will periodically to make sure it continues to reflect your personal, financial, and estate-planning objectives.

We hope you will let us know if you have named Exodus in your Will.

If you have included Exodus in your estate planning, please complete our Planned Giving Notification Form and send it to our office at: PO Box 540119, Orlando, FL 32854.

Life Insurance Policy

When you name Exodus as the beneficiary of a life insurance policy, you are providing a substantial gift at a minimum cost to you. If you own a paid-up policy you no longer need, you can transfer beneficiary status and ownership to Exodus and, in most cases, receive a charitable tax deduction. Or you may purchase a new policy and name Exodus as the owner and/or beneficiary.

It’s an easy way to give a gift to help so many find hope and freedom. Simply contact your life insurance company, and ask for the appropriate forms.

Retirement Assets

You may be surprised to learn that your retirement plan — 401 (k), IRA, Keough, or other such accounts — is among the most tax-burdened asset you can own. Since undistributed assets remaining in your retirement plan were not taxed during your life, they are subject to both income and estate taxes if they are directed to someone other than your spouse. This means that a child or other loved one would have to pay the income tax that has been deferred.

There is a sensible charitable solution—you can name Exodus as the beneficiary of your retirement plan and use other assets (not subject to income tax) to make gifts to your heirs. By naming Exodus as the beneficiary, you avoid the income tax and also provide a charitable estate tax deduction for the full value of the gift.

To get started, advise your retirement plan administrator of your wishes and sign the appropriate beneficiary designation form.

Exodus contact and beneficiary information

Beneficiary:Exodus International North America, Inc.
Your relationship to Exodus:Charity
Federal Tax ID:52-1413470
Legal Name:Exodus International North America, Inc.
Legal Address:PO Box 540119
Orlando, FL 32854
Contact:Janine Holmes, Director of Business Affairs
Toll free:888-264-0877
E-mail:Janine Holmes

Exodus is a member in good standing with the Evangelical Council for Financial Accountability (ECFA), a Christian financial monitoring organization which has strict guidelines for membership. For example, Exodus undergoes an annual independent audit; a copy of the last audit is available upon request by contacting our office.

If you want to learn more about planned giving, please give us a call or fill out the Planned Giving Information Request Form below:

Planned Giving – Information Request

All information you share will be kept strictly confidential.

I am interested in exploring gifts that provide income to me and/or another beneficiary. (Please select all gift plans that you are interested in below.)

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