You can make your greatest impact for the gospel this year — and enjoy some benefits on your 2022 taxes!
Avoid hassles later by planning ahead — here are key dates for tax-smart giving strategies you don’t want to miss …
Did you know our Great Commission Donor Advised Fund (GCDAF) has ZERO administrative fees and lower-cost investment options?
A donor-advised fund is a convenient hub for all your charitable giving. You can transfer assets now — like cash, stock, real estate and even crypto-currency — to meet tax deadlines. And then recommend grants to your church, Cru or other charities at a time convenient for you. You can get your account up and running quickly here. Then fund your account with a check postmarked by December 31 or a gift of stock (see below).
To get started, fill out an application or find more information here.
—> Have a donor-advised fund with another provider and looking to make a switch? The process is relatively simple! Contact us for more information.
Donating publicly traded securities to Cru is as simple as processing a wire. By giving appreciated securities before selling, tax dollars are redirected toward kingdom work and you receive a charitable tax deduction for the full value of the appreciated stock (if stock is held for more than one year)! We recommend initiating transfers with your broker by November 28.*
Use our Stock Directive to ensure a smooth transfer.
*Mutual funds may take additional time for your broker to process. Please contact us for more details.
A charitable gift annuity is a simple and reliable way to receive quarterly fixed payments for life and help share the love of Jesus. It’s a win-win! Find more information here or contact our office by December 1.
IRA Qualified Charitable Distribution (also known as a charitable rollover)
A QCD is a direct transfer from your traditional IRA to Cru that doesn’t add a penny to your taxable income. Beginning at age 70½, you may transfer up to $100,000 annually. At age 72, the amount you give may count toward your required minimum distribution.*
We recommend you contact your IRA custodian by December 1 to initiate the gift. Find contact information for popular IRA custodians and other helpful information here.
Use our QCD Directive to put your gift to work quickly.
*Check with your professional advisor for how much of your QCD will qualify for your RMD.
End-of-Year Tax Deductions
With the end of the year just around the corner, now is the time to be more strategic than ever to make a significant impact for Christ and capture important tax benefits in 2022!
Cru Foundation wants to help you support your favorite Cru ministries and missionaries in tax-strategic ways. We can help you leverage your resources to share the gospel with more people and see more lives transformed.
Contact us by email at firstname.lastname@example.org or by phone at 800-449-5454. We are here to answer your questions!