Gifts From a Charitable Savings Account

Simplify Tax Benefits

A Donor Advised Fund (DAF) is a tax advantaged charitable savings account, allowing you to make a charitable contribution, receive an immediate tax benefit, and then recommend grants from the fund over time to Time of Grace.

BENEFITS

• Immediate Tax Benefits: Contributions are tax-deductible in the year they are made.
• Flexibility: You can recommend how much and how often money is granted to us.
• Simplicity: It simplifies your recordkeeping, as you consolidate multiple gifts into one fund.

Let’s talk. 
We’re here to help.

Navigating the many options for planned giving can be complex, but we’re here to help. Our team has many resources available to help you navigate through your options. If you’re interested in further conversation and need some general guidance, please fill out this form. You will be contacted by Dave Burleton, Time of Grace’s Chief Advancement Officer.

GIFTS FROM A CHARITABLE 
SAVINGS ACCOUNT

TESTIMONIAL

Tim and Polly established a Family Legacy Fund as one of the ways to support their philanthropic goals. The fund was established as a donor advised fund through a foundation (these are sometimes referred to as charitable funds).

They can make gifts to the fund at the time of their choosing; the typical gift is appreciated stock. Upon transferring the asset to the fund, they receive a charitable tax deduction. Then they can request grants from the fund to support their favorite charities. It is a simple, flexible, and convenient way to meet some of their goals.

One of the other benefits for Tim and Polly is the opportunity to get their two daughters, along with their sons-in-law, involved in the process. It is a way of showing them how to use the blessings God has poured out on them to help others. In 2015 their Family Legacy Fund made a lead gift to start Grace Talks.

“I’m so thankful you’re interested in pointing people to Jesus beyond your lifetime through Time of Grace. I’m here to help you with your planned giving to our ministry.”

Dave Burleton

Chief Advancement Officer at Time of Grace