The Florida Baptist Foundation is the backbone of our organization. Incorporated in 1947, it is THE Foundation belonging to Florida Baptists. The Foundation has served as counselor and trustee for more than 1300 trusts and management agreements. Those financial arrangements have benefited individuals, churches, and the missions and ministry efforts of Florida Baptist institutions and agencies.
The Florida Baptist Foundation offers church financing through Church Growth Investment Fund. To date, we have funded over $200,000,000 in church loans.
The Florida Baptist Foundation offers church financing through Church Growth Investment Fund. To date, we have funded over $200,000,000 in church loans.
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The Florida Baptist Foundation was started in 1947, as a tax-exempt charitable foundation to enable people like you to more easily and effectively support the causes and ministries of Baptist Churches, Convention Agencies and missions programs that they care about. The Florida Baptist Foundation is an agency of the Florida Baptist State Convention.
Do you want to make an immediate impact on ministry today and maximize your charitable deduction? Then you probably like to give cash because it's simple and straightforward. A gift by check is one of the most common methods for making an outright charitable contribution.
For gifts by check of $250 and more, donors must have written confirmation from the ministry, as IRS rules have changed and canceled checks are no longer sufficient proof of a deductible gift at this level.Cancelled checks are acceptable for checks of less than $250. True cash gifts (not checks), regardless of the amount, must be evidenced by a receipt from the charitable organization.
For gifts by check of $250 and more, donors must have written confirmation from the ministry, as IRS rules have changed and canceled checks are no longer sufficient proof of a deductible gift at this level.Cancelled checks are acceptable for checks of less than $250. True cash gifts (not checks), regardless of the amount, must be evidenced by a receipt from the charitable organization.
The Foundation offers many attractive options to help individuals accomplish specific charitable and personal giving objectives. These options include charitable gift annuities, charitable remainder trusts, charitable annuity trusts and donor advised funds. Gifts through your Last Will and Testament and gifts through your IRA, 401k, or 403b.
Perhaps you are the beneficiary of a trust. You have been receiving income from the trust on a regular basis, and you pay income tax on the amount you receive. Maybe you are giving part of the income each year to charity, but this does not reduce the tax burden very much. You decide how much of this annual income you want to give to ministry each year.
A living trust, also known as a Revocable Living Trust or a Family Trust is a legal document that holds title or ownership to your assets and real property. When you create a Revocable Living Trust you transfer ownership of your assets to the trust. Transferring assets is typically called "funding."
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