There are a variety of ways you can make a gift to the Queens Federation of Churches

The Queens Federation of Churches enables effective ministry among all of God's people through emergency services, pastoral care and training of church leaders. Here are some of the ways you can support Ecumenical Ministry in Queens.

Cash — Every dollar you give is tax deductible up to 50 percent of your adjusted gross income. (Gifts in excess of this limit may be carried over and deducted for up to five years.) Thus a $1,000 gift actually costs you only $690 if you are in a 31% tax bracket! You can even make your gift via the web if you wish...right now!

Automatic Monthly Gift — You can pre-authorize a contribution of a fixed amount to be made monthly via a debit or credit card. The transaction will be processed each month on the day of your choice. You have the ability to change or cancel the arrangement at any time simply by notifying the Queens Federation of Churches.

Appreciated Assets — Appreciated securities can be given at a remarkably low after-tax cost. It is possible that a gift of $100,000 could cost as little as $32,400.

Will or Living Trust — A bequest is the traditional way to make a major investment in a cause you love, while retaining full use of your property during your life. Your bequest can be a specified amount, a percent of your estate or the "residue" after other bequests are satisfied.

Tax Benefits — Bequests are fully deductible for federal estate tax purposes and generally not subject to state taxes. In a large estate, the savings can be more than half the value of the bequest.

How to Make a Bequest — A bequest to the Queens Federation of Churches can be made by creating a new will, adding a codicil to your present will, or including the QFC in your revocable trust.

Gift Annuities — A charitable annuity is part gift and part investment. When you establish an annuity, you are entitled to an immediate federal income tax charitable deduction based on the size of your contribution and the ages of the income beneficiaries.

Deferred Payment Gift Annuity — Supplementing Your Retirement Income — A deferred payment gift annuity resembles a charitable gift annuity except that your income payments do not begin until a specified date in the future. Thanks to the deferral of payment, you may receive higher income payments and a higher immediate income tax deduction.


 
Queens Federation of Churches http://www.QueensChurches.org/ Last Updated February 15, 2004