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Donor Advised Fund
You are a committed supporter of In Touch Ministries. In addition, you also want the flexibility of giving to other worthy Kingdom causes who are fulfilling your charitable objectives or who are experiencing particular challenges from time to time.
But – you are feeling the pressure of making multiple gifts to various
charities, especially at year-end, and of ensuring that each gift is received
and acknowledged. You have considered establishing a private foundation,
but are put off by the ongoing fees and administrative obligations.
There is a convenient alternative. In Touch’s
Donor Advised Fund allows you to manage your charitable giving simply and
efficiently. Our donor advised funds give
you and your family the flexibility to recommend disbursements to In
Touch programs as well as to other charitable organizations.
With a fully deductible gift of $25,000 or more in
cash, appreciated securities or property to In Touch,
you can create a fund in your name or in the name of a loved one. You then
recommend distributions from your fund both for In Touch programs
and to other charitable organizations, on your own timetable – no
more year-end rush. You can involve family members in the process or give
them the right to recommend distributions, encouraging them to become responsible
stewards themselves.
You incur none of the legal, administrative or reporting
requirements with a donor advised fund that you do with a private foundation.
Neither start-up nor ongoing administrative fees are charged, as long as
you meet certain giving criteria. Meanwhile, the assets in your fund are
growing tax-free. In Touch administers
the fund, writes the checks and makes the distributions in the fund’s
name or anonymously, if you'd like. You receive documentation of all distributions
made within each period, and statements on the balance of your fund.
We review your recommendations for distributions, and approve them unless
they would benefit you or your family, or an organization whose values
are in conflict with those of In Touch’s.
At least 5 percent of your fund must be distributed annually, and at least
20 percent of the annual distributions must support In Touch projects
of your choice. Similarly, should you or your heirs terminate the fund,
at least 20 percent of the principal balance must be directed to In Touch projects. You can make additional gifts of $1,000 or more to your fund
at any time.
If you are a hands-on donor, consider the flexibility and practicality
of a donor advised fund.
For more information
Email us,
complete the personal illustration form,
or call us at 800-967-2200 so
that we can assist you through every step of the process. Our services are a part of the ministry of In Touch and are without cost or obligation.
In Touch Foundation
3836 DeKalb Technology Parkway
Atlanta,GA 30340
800-967-2200 | Fax: 770-936-6396
Foundation@InTouch.org
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