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TYPES OF GIFTS
(Illustrated above, description below.)
1
$5M Current Gifts
Current gifts are those given and received now by the Advancing the Next Generation Campaign. Examples of current gifts include cash or checks, stocks or bonds, real estate, and personal property. An outright charitable lead trust would qualify as a current gift.
2
$5M Deferred Gifts
Deferred gifts are given now but received later, often at the end of the donor’s (and the donor’s spouse’s) lifetime. The most common deferred gift is a bequest. The donor makes a provision in his or her Will to benefit the Advancing the Next Generation Campaign, but the gift is not received until the donor’s death. Similarly, a donor may leave a life insurance policy to the Campaign, either as a beneficiary, or as both the owner and the beneficiary of the policy for tax-savings results for the donors.
3
$75M Charity of Choice Granting Program
Church Organizers Foundation’s Charity of Choice Granting Program enables customers to participate in directing COF grants to their favorite “Charity of Choice,” in this case to the Black Clergy Caucus Advancing the Next Generation Campaign. Participation is at no cost to COF customers.
TO PARTICIPATE in the Granting Program, please open an investment account at Church Organizers Foundation. Assets are held in custody at Charles Schwab.
PHASE ONE
GIVING TRACKER
(click slides below)
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