What could your gift do?
Creative Gift Options that Can Benefit You and NBC
What if your next gift to Nazarene Bible College could do more than support the preparation of effective and Christlike ministers and leaders? Many donors are surprised to learn that there are creative ways to give that may provide tax advantages, generate income, or allow them to make a larger impact than they thought possible. Whether you are planning for retirement, managing investments, or considering your long-term legacy, these gift options can help you support NBC's mission while also benefiting your financial and estate planning goals.
1. Gifts of Appreciated Securities
Donating appreciated stocks, mutual funds, or exchange-traded funds (ETFs) that you have held for more than one year can be one of the most tax-efficient ways to give. By transferring the asset directly to NBC instead of selling it first, you may avoid paying capital gains tax on the appreciation and may also qualify for a charitable income tax deduction based on the asset's current fair market value. This often allows you to make a larger gift at a lower after-tax cost.
2. Qualified Charitable Distributions (QCDs) from an IRA
Individuals age 70½ and older can make gifts directly from their IRA to qualified charities such as NBC. A QCD can count toward satisfying all or part of your Required Minimum Distribution (RMD) while excluding the donated amount from your taxable income. This may help lower your overall tax liability and reduce the impact on other income-based tax calculations.
3. Donor-Advised Fund (DAF) Grants
A donor-advised fund allows you to make a charitable contribution, receive an immediate tax deduction, and then recommend grants to your favorite ministries and nonprofits over time. If you already have a DAF, recommending a grant to NBC is a simple and effective way to support biblical higher education while maximizing the charitable planning benefits you've already established.
4. Charitable Gift Annuities (CGAs)
A charitable gift annuity enables you to make a meaningful future gift to NBC while receiving fixed payments for life. Depending on your circumstances, you may also receive an immediate charitable income tax deduction, and a portion of your annuity payments may be tax-favored. This can make a CGA an attractive option for donors seeking both financial security and charitable impact.
5. Appreciated Real Estate
Gifts of residential, commercial, agricultural, or investment property can create a significant impact for NBC. By donating appreciated real estate directly, donors may avoid capital gains taxes that could result from a sale and may be eligible for a charitable deduction based on the property's fair market value. These benefits often make real estate one of the most impactful assets available for charitable giving.
6. Gifts of Non-Cash Assets
Beyond stocks and real estate, donors may be able to contribute assets such as closely held business interests, cryptocurrency, certain collectibles, or other appreciated property. In many cases, donating these assets directly can reduce or eliminate capital gains taxes while providing a charitable deduction and allowing more of the asset's value to support NBC's mission.
As you consider the many ways God has blessed you, we invite you to explore whether one of these creative giving opportunities may be a good fit for your financial and charitable goals. These strategies can often provide meaningful tax advantages while helping advance the mission of Nazarene Bible College. Most importantly, each gift helps equip students for lives of Christian service and ministry around the world.
Together, we have the privilege of investing in the next generation of ministry leaders — and creating an eternal impact that extends far beyond today. If you would like to learn more about any of these giving options, we would be honored to visit with you and help you explore the possibilities. Feel free to contact our Development Office at giving@mnu.edu for assistance.
Disclaimer: Because every donor's financial situation is unique, Nazarene Bible College encourages donors to consult with their tax, legal, and financial advisors to determine the charitable giving strategies that best meet their personal and philanthropic goals.