Ed and Donna were long-time donors to Wycliffe Bible Translators. The Lord entrusted to them a parcel of pristine and highly appreciated pasture land. In their younger days, they spent many a weekend riding horses and camping with their children. Now the children have grown and the horses are long gone. The land had been unused for several years. After learning that people can give not only from their checkbook, but also from assets, Ed and Donna felt led to gift this land outright to Wycliffe to help fund Bible translation for people who do not have God’s Word in their heart language.
Working with a Wycliffe Foundation gift planning advisor, Ed and Donna deeded the property to Wycliffe. They received an income tax deduction of the property’s appraised value, avoided capital gains taxes, and had the immense satisfaction of making a significant gift to the work of Bible translation!
Ed reflected on the donation, “We never thought we could make a gift of the size and magnitude that we did. God provided us with a beautiful asset from which we had many years of enjoyment. And now, He is using the proceeds from the gift of that asset to reach people for Christ. … We are so blessed!”
If the Lord has entrusted you with an appreciated asset such as securities, real estate, or business interest, prayerfully consider gifting all or a portion of it to Wycliffe to advance the work of Bible translation and impact God’s kingdom.
In addition to the outright gifts of assets, there are other charitable gifting strategies available, such as part-gift part-sale, donor advised funds, and charitable remainder trusts. The most appropriate option for you and your family depends on your particular situation and goals.
To explore options for the gifting of assets, or other giving strategies, please visit the Wycliffe Foundation website at www.wycliffefoundation.org or contact us by phone at 1-877-493-3600.