Because Rocky Bayou Christian School is a 501(c)(3) organization, any gift received is tax deductible. Not only does your gift save you money, it has a lasting impact that will raise future Champions for Christ.
1. Gifts of Appreciated Securities
If an investor has held an appreciated stock or mutual fund for more than one year, they can donate those securities to a charity and receive a tax deduction for the fair market value of the securities, and eliminate any capital gains assessments on the future sale of the securities.
2. Retirement-Plan Benefits
You can withdraw money from your retirement fund such as an IRA, 401(k), or 403(b) and then gift it to a charity with little to no tax burden.
3. Life Insurance Policies
If you have a life insurance policy that you no longer need, it is possible to gift it to a charitable organization. Donating life insurance policies allow you to make larger gifts while taking advantage of the tax benefits.
4. Gifts in trust, inclusion in a will and charitable gift annuities are three more opportunities that bear consideration.
YOUR NEXT STEPS
Seek the advice of your financial or legal advisor.
Contact our Director of Development, Christy Rowney, at 850-279-3730 or firstname.lastname@example.org if you have questions.
If you include RBCS in your plans, please use our legal name and federal tax ID.
Northwest Florida Christian Education Association, Inc.
2101 Partin Drive North
Niceville, FL 32578-1501
Federal Tax ID Number