Planned Giving at Flushing Christian School
Planned gifts can greatly benefit Flushing Christian School while helping you to save taxes, increase your income and pass more on to your heirs. We are deeply grateful for your partnership with us.
Wills and Trusts
Include a bequest to Flushing Christian School in your will or trust. Make your bequest unrestricted or direct it to a specific purpose. Indicate a specific amount, or a percentage of the balance remaining in your estate or trust.
Benefits
Your assets remain in your control during your lifetime. You can modify your gift to address changing circumstances. You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended). Under current tax law there is no upper limit on the estate tax deduction for your charitable bequests. If you have already included Flushing Christian School in your estate plan or if your are considering doing so, please call the Development Officer at 718-445-3533.
Gifts of Stock and Appreciated Assets
How It Works: You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Flushing Christian School. Flushing Christian School sells your securities and uses the proceeds for its programs. You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the transfer when the stock is sold. Giving appreciated stock could be more beneficial than giving cash.
Benefits
You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the transfer when the stock is sold. Giving appreciated stock could be more beneficial than giving cash.