Ways to Give to AMF
There are a number of ways to financially help AMF minister to people in the United States. These methods include the following:
- Sending a check to the AMF Home Office in Villanova, Pennsylvania.
- Making a gift of stock or other securities
- Setting up an automated giving plan to automatically deduct gifts from a bank account on a monthly basis.
- Honoring a loved one through AMF’s memorial gift program (gifts may be given in combination with any of the above giving methods)
A brief overview of the variety AMF giving programs is presented below:
Outright Gift
- Description - Cash or property given to AMF now or in the future
- Examples – Cash, securities, real estate, personal property, life insurance, and retirement benefits
- Tax Planning – A current gift provides an income tax deduction in the year it is given. A future gift will provide an estate tax reduction in the year it is given.
- Minimum Amount – No minimum
Gift Annuity
- Description –A formal agreement between the mission and the donor, in which the donor transfers cash or property to AMF, and AMF pays the donor a percentage of the property’s value for his or her lifetime – a donor can name a beneficiary to continue to receive the annuity payment.
- Examples – Single-life annuities, two-life annuities, current annuities, and deferred annuities
- Tax Planning – A gift annuity has two income tax benefits: The donor receives a charitable gift deduction in the year that he or she gives property to AMF, and a portion of the donor’s annual income is tax free.
- Minimum Amount – $2,500 to start an annuity
Revocable Charitable Trust
- Description – A Revocable Charitable Trust is established when a donor gives a gift to be held in trust by AMF. Income generated by the trust is paid to the donor throughout his or her lifetime. The donor may also include a beneficiary to receive the income and may add or subtract from the balance in the trust at any time. When the donor and the beneficiary pass on, any balance in the trust is used by AMF for ministry.
- Tax Planning – The donor does not receive a charitable gift deduction because the trust can be revoked, but the donor’s heirs could benefit because the assets in the trust will not be included in the calculation of estate taxes.
- For specifics in setting up a Revocable Charitable Trust, please contact the AMF Home Office.
Charitable Lead Trust
- Description – A Charitable Lead Trust is established when someone donates assets to AMF to be held in trust. The donor receives the income generated by the trust, which is established for a specified number of years and cannot be revoked. When the specified number of years passes, or the donor and his or her beneficiary pass on, any balance in the trust is used by AMF for ministry.
- Examples – Charitable Remainder Annuity Trusts, which are established for a specified fixed amount of annual income; Charitable Remainder Unitrusts, which generate income based on the market value of the assets each year
- Tax Planning – The donor receives a charitable gift deduction in the year that he or she gives the property to AMF and may also avoid capital gains tax if the trust is funded with appreciated assets.
- For specifics in setting up a Charitable Lead Trust, please contact the AMF Home Office.
If you would like to have more information about ways you can help financially support the ministry of AMF missionaries, please contact Linda Mays at:
PO Box 370 Villanova, PA 19085
610-527-4439 x108