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Gifts of Cash
If you want to make a gift today and maximize your charitable deduction, you will surely want to consider a cash gift. Cash is the simplest donation and provides immediate benefits. Your gift can be made outright or fund many life income arrangements. Gifts of cash include currency, personal checks, money orders, credit cards and wire transfers.
Are there benefits to using cash to fund a charitable gift?
There are. First, you are entitled to a charitable income tax deduction for your gift. However, an added bonus is that gifts of cash can be deducted against a larger portion of your taxable income than can gifts of appreciated assets. Here is why: The IRS allows you to claim charitable deductions for gifts of cash up to 50% of your adjusted gross income but only up to only 30% for gifts of appreciated assets.
What if I like the security of having cash on hand?
We have good news for you. Your gift can be made outright, or it can be used to fund a life income arrangement. Life income arrangements are charitable gifts in which you receive an income in return for a gift, either for your lifetime or for a period of time (depending upon the vehicle you choose).
Make a contribution now
Making a cash contribution is an easy and efficient way to support the ministries of Samaritan's Purse and allows us to put your gift to work immediately. Click here to go to our online giving page or you can call us at (800) 528-1980 to make a contribution by credit card. You can also mail your check to our office at the following address:
Samaritan's Purse
Donor Ministries
P.O. Box 3000
Boone, NC 28607
Thank you in advance for supporting the ministries of Samaritan's Purse.
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