Donations

Ways to Give

Below are a variety of giving options for donors who are considering a financial investment into the ministry of Peoria Christian School. Assisting our donors in choosing a gift option that best matches their goals is a high priority. Please contact our Advancement Department at 309-686-4500 x16 with any further questions regarding donations.

IMMEDIATE GIFTS
Gift Option	How to make the gift	Donor’s Goals and Benefits
Gift of Cash	Donate through cash, check, or major credit card (MC, Visa, or Discover)	Immediate income tax deduction and possible estate tax savings in a quick and easy transaction
Gift of Personal Property	Donate tangible personal property either to be used by Peoria Christian School or sold for liquid assets	Charitable deduction to share personal property no longer desired based on the fair market value of the item at gifting
Securities	Give long-term appreciated stock or other securities	Avoid capital gains tax and enjoy an immediate charitable deduction for the fair market value
Gift of Real Estate	Donate property to Peoria Christian School, or sell it to us at a lower than market price	Immediate income tax deduction and reduction or eliminating of capital gains tax

ESTATE PLANNING GIFTS
Gift Option	How to make the gift	Donor’s Goals and Benefits
Bequest	Contact your attorney to name Peoria Christian as a beneficiary in your will	Donation is exempt from federal estate tax and the gift will be deferred
Revocable Living Trust	Name Peoria Christian School as the beneficiary of assets in a living trust fund	Avoids probate and donor maintains control of the conditional gift during their lifetime
Gift of Life Insurance	Contact your life insurance agent to name Peoria Christian as a beneficiary on your life insurance policy	If policy ownership is transferred on an existing policy, gift qualifies for income tax deduction. Future premium payments may qualify, also.
Gift of Retirement Assets	Contact your financial advisor to name Peoria Christian School as beneficiary of retirement assets	Avoid taxation on IRAs or other employee benefit plans

PLANNED GIFTS WITH LIFETIME INCOMES
Gift Option	How to make the gift	Donor’s Goals and Benefits
Charitable Gift Annuity	Give cash or assets in exchange for lifetime income payouts	Immediate income tax deduction
Charitable Remainder Trust	Create a trust which is reviewed annually that pays a fixed percentage of the assets	Receive a variable income for life, and immediate income tax deduction while creating a hedge against inflation over the long term
Charitable Remainder Annuity Trust	Create a charitable trust that pays a set income annually	Immediate income tax deduction and a fixed income for life that is often at a higher rate of return

OTHER PLANNED GIFTS
Gift Option	How to make the gift	Donor’s Goals and Benefits
Retained Life Estate	Contact your attorney to designate ownership of your home while retaining occupancy	Charitable income tax deduction while continuing to live in the residence
Charitable Lead Trust	Create a charitable trust that pays fixed or variable income to Peoria Christian School for a set period of time	Reduces taxable estate while your family keeps the property often with reduced gift taxes