Giving

We hope you’ll consider including a gift to Stonebriar Community Church in your will or living trust. Called a charitable bequest, this type of gift offers these main benefits:

• Simplicity. You just need to add a few sentences in your will or trust. The official legal bequest language for Stonebriar Community Church is: “I, [name], of [city, state, ZIP], give, devise, and bequeath to Stonebriar Community Church in Frisco, Texas, whose location on the date of the drafting of this will is 4801 Legendary Drive, Frisco, Texas 75034, [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”
• Flexibility. Because you are not actually making a gift until after your lifetime, you can change your mind at any time.
• Versatility. You can structure the bequest to leave a specific item or amount of money, make the gift contingent on certain events, or leave a percentage of your estate to us.
• Tax Relief. If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift’s full value.

Should you choose to give, please call 469-252-5394 or email giving@stonebriar.org to contact us.

Want to get the most value from your nest egg, protect your heirs from heavy taxes and make your mark at our organization? Consider leaving a portion of your retirement plan assets to Stonebriar Community Church.

How It Works:

If you die with retirement plan assets in your estate, those assets are subject to income taxes. This can reduce the amount that normally would be passed to heirs by up to 39.6 percent. In contrast, as a nonprofit organization, we are tax-exempt and eligible to receive the full amount and bypass any federal taxes. Income taxes can be eliminated or reduced through a carefully planned charitable gift.

Consider these gift options:

• Designate Stonebriar Community Church as the primary beneficiary for a percentage (1 to 100 percent) of your retirement plan assets.
• Designate a specific amount to be paid to us before the remainder is divided among family beneficiaries.
• Make us the contingent beneficiary to receive the balance only if your loved one, as the primary beneficiary, doesn’t survive you.

Please contact your financial advisor, CPA, or estate planning attorney to discuss whether this strategy may be beneficial. For questions, clarifications or if you should choose to give, please call 469-252-5394 or email giving@stonebriar.org to contact us.

The donor advised fund (DAF) is often used by cost conscious donors or by donors who wish to maximize their current income tax deductions. It is a gifting vehicle created with a “parent organization” such as a community foundation or another qualified 501(c) (3) non-profit organization. The parent organization provides a document, normally free of charge, in exchange for an irrevocable relationship. While you may choose what charity to support, you have few responsibilities beyond donating funds and suggesting how they are used. The parent organization will provide the investment component (with limited or no input from you), as well as the complete administration of the fund. So you enjoy some of the benefits of a private foundation without the paperwork and startup expenses.

Please contact your financial advisor, CPA, or estate planning attorney to discuss whether this strategy may be beneficial. For questions, clarifications or if you should choose to give, please call 469-252-5394 or email giving@stonebriar.org to contact us.

For many people, the increased standard deduction in 2018 could greatly impact the tax advantage gained from charitable giving. If you are at least 70 ½ years of age, you may be able to reduce your taxable income by making your Stonebriar gifts directly from your IRA as a qualified charitable distribution (QCD).

Please consult your tax advisor to see if this might be a good option for you.