Support time of grace ministry in a Meaningful Way
- Keep us thriving with your planned gift
- Take advantage of numerous tax and financial benefits
- Leave a legacy to be remembered by future generations
a. created the organization
b. previously contributed a substantial part of its support or endowment
c. stood in a position of authority with respect to the organization, such as a foundation manager within the meaning of section 4946(b)
d. directly or indirectly exercised control over the organization, or
e. was in a relationship described in Internal Revenue Code section 4946(a)(1)(C) through 4946(a)(1)(G) with someone listed in bullets a, b, c, or d above.
A contribution made by a person described in a. - e. is ordinarily given less favorable consideration than a contribution made by others not described above.
a) The grant was not made by a person who created you or who previously contributed a substantial amount of your support. The grantor also does not stand in a position of authority with respect to you and does not exercise control over you.In addition, no material restrictions or conditions within the meaning of Treasury Regulations section 1.507-2(a)(7) have been imposed by the transferor upon the transferee in connection with such transfer.
b) The grant is a bequest and is in the form of cash or investments.
c) You have carried on an actual program of public solicitation, have exempt activities, and have attracted a significant amount of public support over the years.
d) You have met the public support test in past years.
e) Because you have relied on public support in the past, it can be assumed that you will be able to maintain that level of public support in the future.
f) You have a large representative governing body.