There are a number of different ways you can financially support Fellowship. These include, but are not limited to cash, checks, credit or debit card, securities, land, homes, items of value including automobiles, jewelry, collectables and other items of value. Click on the gift options below to read more. If you need additional information about making an unusual gift, please contact Greg Seay in the Generosity office at 479-659-3642 or at email@example.com.
Click the topic below for more details.
Cash and checks are the most common way donations are received by the church. Fellowship sends out yearly statements to ensure we are properly recording any gifts you have given. You may check your giving records at anytime by signing in to your myFellowship account or by emailing the Finance Department or call 479-659-3642. If you find an error, we will correct it in a timely manner.
If you are interested in giving a one-time gift or setting up reoccurring offerings (weekly, monthly, etc.), sign in to your myFellowship account. If you have any questions about electronic or on-line giving, please contact our Finance Department or call 479-659-3642.
Some individuals like to make special year-end gifts. Because all gifts to Fellowship are subject to I.R.S. deadlines, please remember that all year-end gifts must be received in the church office before midnight on December 31, or must be postmarked before the end of December to be deducted in the present tax year. Any gifts received after December 31 and not postmarked in December will be included in the next tax year.
The date written on a check will not determine in which tax year a gift is included. Only the actual date of receipt by the church or the postmark will establish the correct tax year for the I.R.S. (Special rules apply to credit cards and electronic fund transfers at year-end.)
It is possible to transfer stocks and mutual funds directly to Fellowship. If this is done with securities that have been held for more than one year, the donor will be able to deduct the full fair market value of the securities and avoid paying any capital gain tax. If, however, the securities are sold first and then the proceeds are given to the church, the donor will still have to pay capital gain taxes to the I.R.S. Planning in this area can help you take full advantage of the tax benefits allowed by the government. Please contact Greg Seay at 479-659-3642 or firstname.lastname@example.org to discuss how to easily transfer stocks and mutual funds from your account to Fellowship's account for the best tax advantage.
Click here for instructions on making broker held stock gifts to Fellowship.
Over the years, Fellowship has been given automobiles, computers, office furniture, furniture/furnishings, and more. We gratefully accept all gifts-in-kind that we can truly use, or we try to direct donors to other ministries that have specific needs. Gifts-in-kind can be a little more complicated due to I.R.S. regulations, but we will be happy to help you with the process. Please email the Finance Department or call Greg at 479-659-3642 to discuss any possible gift-in-kind donations. We will determine if and how we can use the items and how we will get the items.
In general, gifts of real estate have the same tax benefits as giving appreciated securities. If the property has been held for more than one year, the donor can typically take an income tax deduction for the full fair market value and avoid capital gain tax on the appreciated portion of the property. It is also possible that other benefits can include savings in estate taxes and avoiding probate. Please contact Greg Seay at 479-659-3642 or email@example.com on how to transfer real estate from your account to the church's account for the best tax advantage.
Churches can benefit from life insurance policies. If the original purpose for a life insurance policy no longer exists, a donor can make Fellowship the beneficiary of the policy or a donor can give the premium to Fellowship for a tax deduction on a policy that the church would own and be the beneficiary. The deduction can be taken immediately and the amount of the contribution is typically the replacement value or cost basis of the policy. Please contact Greg Seay at 479-659-3642 or firstname.lastname@example.org to discuss this giving option.
Charitable gift annuities can be set up where the donor receives an immediate tax deduction on irrevocable gifts to Fellowship, but will also receive fixed income payments from their gift for the rest of their life. Please contact Greg Seay at 479-659-3642 or email@example.com to discuss this giving option.
A charitable gift can be given to Fellowship through your will or other estate plans. Such a gift can be used to honor the Lord from the financial increase He has given you during your lifetime (Proverbs 3:9,10) and to benefit Fellowship in wonderful ways. This type of gift can also be helpful to appropriately avoid estate taxes. If you choose to include the church in your will or estate plan, please let your attorney know the Fellowship's name and address. Further, please communicate to your attorney that the church is a 50(c )(3) organization incorporated in the state of Arkansas, and that our tax identification number is 71-065274. If you have already included Fellowship in your will, please let us know so that we can say "thank you." Don't forget that qualified retirement plans will be considered part of your estate at death, but if handled correctly, they can also be deductible from the estate as charitable gifts. If you would like assistance with your estate planning, please contact Greg Seay at (479-659-3642 or firstname.lastname@example.org.
Many businesses allow their employees to make donations to charitable organizations through payroll deductions, and they will often match the gift dollar for dollar. Inquire with your company's Human Resources, Matching Gift, or payroll department to see if this is possible. Fellowship is recognized by the I.R.S. as a tax-exempt organization under section 501 (c )(3). Our identification number is 71-0605274.
Many of the ways to give mentioned above can be very effective if utilized correctly. If you do not know a qualified Christian CPA, financial planner, tax attorney or estate planner, to help you assess your financial plans and charitable giving goals, please contact Greg Seay at 479-659-3642 or email@example.com. He can help you locate an expert in estate planning.