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How Generous Christians Save Taxes

Savvy Giving Options You Should Know!

Want to know a secret?

Generous Christians like you are giving to The Beacon Hill Foundation in savvy ways that have tremendous impact AND reduce their taxes!

If you own stock, real estate or other non-cash assets, you, too, can get in on the tax-saving action!

When you give non-cash assets to The Beacon Hill Foundation, you will receive a fair market value deduction at the time of your gift. You’ll also avoid capital gains on the sale of appreciated assets.

 It’s more cost-effective than giving cash!

What’s more, many supporters give non-cash assets to establish what’s called a “life income gift.” By doing so, you can eliminate taxes, give assets you no longer need or want to manage (such as real estate or business interests) and receive steady income payments for a lifetime. It’s a great way to support The Beacon Hill Foundation while caring for your family’s needs.

Ready to learn more? Call Andi Allen, Foundation Director, at 616-608-8285 or email andi.allen@beaconhillgr.org.

 

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Beacon Hill at Eastgate is a distinctive, not-for-profit retirement community located in Grand Rapids’ desirable Eastgate neighborhood.

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