NON-CASH GIFTS

Marketable securities are a great way to maximize your giving because you receive an immediate income tax deduction for the full fair market value of your securities. In addition, you pay no capital gains tax on the difference between your cost and the fair market value.

For information on how to transfer securities to FBA, please click here.

You can transfer funds from your IRA directly to First Baptist Atlanta. This is an effective way to have an immediate impact and ensure our work continues to spread the gospel around the world.

• You must be 70 ½ or older.
• An individual may transfer up to a total of $100,000 per year and a married couple may give up to $200,000 to all organizations.
• Your gift must be transferred directly from your IRA account to First Baptist Atlanta.
• Your gift is a transfer of funds from your IRA to First Baptist Atlanta, so it does not count as income for the year.
• If you are 73 and older, the transfer of funds counts towards your annual Required Minimum Distribution from your IRA.

You can download a sample letter for your IRA administrator here to start the distribution process. You may also be able to request a qualified charitable distribution through your online account portal.

When you give a memorial or tribute gift to First Baptist Atlanta to honor someone special, you’re expressing your love, admiration, and gratitude in one of the most meaningful ways to create a lasting tribute and continuing to spread the message of Jesus Christ.

Over 90% of the world’s wealth is held in assets, not cash, meaning most of your giving capacity is tied up in your possessions. To learn more about donating non-cash gifts, please contact us today.

• Transfer ownership of an existing paid life insurance policy to First Baptist Atlanta.
• Purchase a new life insurance policy and name First Baptist Atlanta as the owner and beneficiary.
• Designate First Baptist Atlanta as the sole beneficiary of a paid life insurance policy you continue to own.
• Designate First Baptist Atlanta as a co-beneficiary of a paid life insurance policy.

Your legacy can impact future generations and your estate gift can take many forms such as including First Baptist Atlanta in your will or trust, establishing gifts that return income during your lifetime and more.

• Retirement Assets | You can name First Baptist Atlanta as a beneficiary of your IRA, 401(k), or other qualified retirement. Any amounts will transfer to First Baptist Atlanta free of income and estate tax.
• Final Will or Trust | You can name First Baptist Atlanta as a beneficiary in your will or trust and your estate will receive an income tax deduction for the value of your gift. A bequest written in a will or trust can be made for either a percentage or an amount.

If you are interested in any of these ways to give, please contact us at 770-234-8206 or finance@fba.org.

PLEASE NOTE | It is not the intent of this document to provide tax advice. You are encouraged to consult a qualified professional.