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Looking Back: God’s Faithfulness.  Looking Ahead: God’s Provision

Spencer Jackson, Director of Planned Giving

Being eighty years old causes an organization to look back. From the Christian perspective, God’s faithfulness always emerges as a predominant theme.

This is also true in the lives of individuals. Bill and Mary Richardson were in their retirement years and they wanted to make a significant gift to world missions. God had blessed them through the years, and they were good stewards of what He had given them. They had some stock that had grown considerably in value, but selling the stocks would have imposed a lot of tax on the gains. This was their dilemma: they wanted to make a significant gift to missions, but would have to pay a lot of tax in order to do so.

The answer for anyone in this situation is a Charitable Remainder Trust. By giving appreciated stock to ABWE and allowing us to sell it, there is no tax on the gains. In this way, more of the gift is available. In the case of Bill and Mary Richardson, they were counting on the sale of the stock to supplement Bill’s retirement plan and their Social Security income. When ABWE receives appreciated stock, we sell it and use the proceeds to fund a Charitable Remainder Trust. In addition to providing lifetime income to the donor from the trust, the donor also receives a charitable deduction for the gift. While the income and the tax deduction are helpful to the donor, it is also a tremendous benefit to world missions through ABWE. The remainder of the Charitable Remainder Trust comes to the mission after the donor dies.

Has God faithfully supplied your needs and blessed you through the years? Would you prayerfully consider providing for world missions in a different way at this time of your life? Consider using appreciated stocks and real estate to set up a Charitable Remainder Trust.