![]() Gifts of tangible assets of any kind are welcome. Real Estate, Motor Homes, Autos, Trucks, Boats, Equipment, Computers, Clothing, Jewelry, Stocks/Bonds, Dividends, Royalties, Promissory Notes, etc. may be gifted. Used may be designated for general operations or for specific programs or assets may be resold to fund general operations or capital accounts.
Examples of Legacy Giving and Possible Tax Advantages Gift of Real Estate A gift of land, primary residence, or vacation home is an alternative to selling. You will receive a tax deduction for the full fair market value, avoid all capital gains tax and remove this asset from future estate taxes. Alternatively you may give real estate while retaining a life tenancy. This provides a substantial income tax deduction by giving (deeding) your real property to charity now. You continue to live there, maintain the property as usual, and even receive any income it generates. At your death the property will be sold by this organization and the proceeds will support the programs of the not-for-profit organization. Bequest Through Your Will One way to make a gift that will live after you is to give through your will. A gift bequest to benefit one or more charitable not-for-profit organizations by providing a dollar amount, specific property, percentage of your estate, or the remainder (what's left). A designation of this type can reduce your estate taxes. A simple change to your will can add this bequest and does not require rewriting your most recent will in many instances. Gift of Appreciated Stock Appreciated Stock can make an excellent charitable gift. When an appreciated asset (such as stock) is sold, a capital gains tax is due. Making a charitable gift of the appreciated stock, can result in no capital gains tax or delay the capital gains tax. An immediate income tax deduction for the current fair market value of the stock, is allowed the donor, no matter what was originally paid for it. To qualify, a deduction for gifts of appreciated stock at their current value, you must have owned the stock for more than 12 months. Gifts of this nature are deductible up to 30 percent of your adjusted gross income (AGI) in the year of the gift. Any unused deduction amounts may carry over for up to five subsequent tax years. Charitable Remainder Trust Donors and spouses can benefit from lifelong payments from a remainder trust. The donor selects the rate of return and also chooses a fixed or fluctuating annual payment made to the designated parties as long as they live. Capital gains tax may be completely bypassed and a tax deduction allowed, based on the age of the income recipient and the rate of return chosen. Charitable Lead Trust In a charitable lead trust, assets (generally cash or securities) are transferred to a trust paying income from the fund to the charity or charities for the number of years selected. At the end of the designated time period, the trust terminates and the assets are given back to the person you name. This trust helps to lower estate and gift taxes that would otherwise be due on the assets. This option is especially attractive if you want to leave your children or grandchildren assets in the future, but not immediately. Gift Annuity In exchange for a gift of cash, stock or securities, the charity pays you, you and your survivor, or another person named by you, a guaranteed income for life. You also receive a substantial income tax deduction in the year of the gift and part of the annual payment is non-taxable. The annuity payment and tax deduction are based on the age and income of the recipient. Deferred Gift Annuity Deferred gift annuity is similar to a gift annuity except that payments begin to you at a future date of your choice, such as your retirement. Your tax deduction and the annual rate of return on your annuity increase the longer you wait to start payments. This is an excellent retirement planning method to implement during prime income producing years that will benefit you later. Life Insurance Insurance is another simple way to make a substantial future gift at a level that would not be possible at the same level in cash. Name the charity, the owner and beneficiary to receive the proceeds of an existing life insurance policy. A tax deduction is allowed for approximately the cash surrender value, thereby reducing your tax liability in the year of the gift. Alternatively, purchase a new life insurance policy naming this organization as owner and beneficiary. With this option, you receive an income tax deduction for each premium made and make possible a major gift to the charity with a modest annual payment (or one-time premium payment). Retirement Accounts for Gift Opportunities Account funds (IRAs or company plans) beyond the comfortable support of yourself or loved one may be given (like life insurance proceeds) to a charitable organization by proper beneficiary designation. Large pension plan assets can be subject to double or triple taxation (federal estate, federal income, and state death and state income tax) that virtually eliminates the benefits to heirs if tax-wise alternative planning is not arranged. Please consult your professional financial advisor to see how these ideas and perhaps other planned giving opportunities may apply to you. To determine the specific tax benefit for you, please consult your professional financial advisor, your accountant or your attorney. Charitable Contribution IRS RULES - Direct Quotes form IRS Rules and Regulations, on line sites. CONTRIBUTION BY MAIL: COTC · P. O. Box 157 · Ashland, OR 97520 Cash CC Contributions Contact Form |
|
Disclaimer: Contributors are advised to
seek expert advice on all tax, legal or other matters they
deem material, or that may require licensed professionals. Each individuals'
circumstances are unique and being on the receiving end of gifts is
entirely different from the benefits that may accrue to the donor. This organization
is legally organized and recognized as set forth below, however, we cannot
give expert advise and should not be considered as tax or legal experts
relative to, or representing anyone making contributions. |
|
Support History - Giving From Within - Current Needs A large majority of financial support for this organization from 1974 - 2001, has come primarily from a small number of individuals. Those few have met the requirements of total commitment that is necessary and always found when a few people, in balance and synchronicity to a greater plan anchor a quantum leap to new ways for everyone. A great example of that reality was the inspired act of a few people, having crossed the Atlantic Ocean, the November 11, 1620, hand written two paragraphs including the statement: "couenant, & combine our selues togeather into a ciuill body politick;..." The "Mayflower Compact" a couple of hundred years later was the roof in consciousness of the Declaration of Independence and Constitution of the United States of America. Often the first unified efforts of a few ordinary people are not of record, forgotten, even though they are the solid foundation of major change that become common place and common law. "This Church, TE-TA-MA, recognizes itself to be the Foundation Stone of the Spiritual Renaissance now occurring on this Mansion World, Church Of The Creator®," Those words recognize and anchor the Greater Plan, the Spiritual Renaissance now surfacing in every walk of life, every nation, every human being, unmistakably an urging of the heart to find new and better ways based in faith, truth, trust and compassion. Within this organization, those who planted the seeds are still with us, standing side by side, recognizing equality and uniqueness of all God's Children. Anchored and Established as living principles are the ideas and inspirations expressed in the documents available online for your review and upon which we are all building. One principle applied, lived, is demonstration by example. Having made that pact with the Creator, Sacred Mandate, those establishing this working organization as a legal entity, have been held accountable to their pledge to "dedicate our physical embodiments." The process has tempered wisdom, the ability to distinguish between wants and needs, and included some very profound lessons in accomplishing what must be done with what is available. We believe that the individuals, Council & Board Members, who make collective unanimous decisions, those responsible for the stewarding of the financial assets of this corporation and Church may be trusted to practice what they preach. Organization goals are exactly as stated, "The Family Unification Of Mankind In All Aspects Of The Whole," nothing less. The balance of financial funding necessary to accomplish that goal is shifting, from the few to the many. Individuals relatively new in legally anchored association with this organization arrive with the conscious understanding that support must first come from within, from their personal volunteer free will contributions. That understanding becoming action, is attracting interest and support from the public. Stewards interested in placing assets within their control, through charitable contribution, with an organization that operates in the paradigms of the future, causal programs for change, is appreciated. Humanity has been gifted conscious knowledge of principles that can make every individual effort, in every day living, amplified in results. One can represent the whole, Divine Right Order® does bring positive, constructive change perfectly synchronized to programs and timings beyond our life, our planet and its systems. Our effort is focused on the causal level of co-creating our reality. Collective amplification through the Office Of The Christ is precipitating current expression of world events, the ongoing purification and refinement. The new heavens and the unified paradigms of living on the new earth are already in operation. The old is crumbling as the new is being built in the midst of the seeming chaos of recreation. Many are thirsting for understanding and for the fulfillment of inner most desires of the heart, to live in a world of Peace, Harmony and Justice. The Divine Inheritance of each and All God's Children is ready for delivery. Your support in infusing that awakening and making the delivery is appreciated. The relatively new tool of the Internet has enabled us to reach around the planet in an instant. The costs go up when moving the physical bodies. Transport, providing the lodging, feeding the belly are still necessary and expensive. Demand for services is exceeding our ability and personal assets and ability to fund expenses. Cost of publishing, office supplies, seminars, healing circles, hands on one on one, or one to many distribution of the understanding and application of Divine Law in daily living and the paradigms of collective service is expanding exponentially. If your heart responds to the principles expressed by this organization your financial contribution by one the of the previous avenues, or by any other means you may so desire, is gratefully appreciated. Cash CC Contributions Contact Form Your Support is Recognized and Appreciated! |
|
Grant Writing your Specialty? If the answer to this question is yes, and the expressions of this organization resonate with your heart, you can help manifest the services and specific programs or capital purchases necessary for the next expansions of COTC. For more information use the Contact COTC Form. Fund Raising Events - Concerts - Benefits - your Specialty? Ditto the above - your help is needed! |
|
LEGAL STRUCTURE · NON-PROFIT STATUS RECOGNITIONS · CHARITABLE CONTRIBUTION Church Of The Creator® is a subsidiary, the public ministry expression of TE-TA-MA Truth Foundation - Family Of URI, Inc, EIN 94-2385796 Recognized by the US Department of The Treasury, Internal Revenue Service, as a 501(c)(3) tax exempt organization, a Church, by letter of determination dated March 30, 1978. Further recognized by Issue of a Group Exemption Identification Number, GEN #4134, by letter dated July 9, 1985, the corporation is the umbrella, parent organization, of which Church Of The Creator, EIN 93-0885180 and its Auxiliary Chartered organizations are subordinates. Cash and Asset Contributions, with compliance to IRS rules, may be itemized as Charitable Contributions and are therefore tax deductible. |
|
Church
Of The Creator®, Divine Right Order® Human Software For Being® and URI® are registered trademarks |