Whether you support Bethany through the unrestricted Annual Fund or through restricted or endowment giving, there are a number of ways you can give. Bethany’s procedures for making current gifts are outlined below. If you want to explore deferred gifts or other special giving opportunities, we have a new expanded website on planned giving strategies. Click here for the introduction to that planned giving site and here for the specific page on ways to make a planned gift. That segment of our site also includes more in-depth analysis of types of assets with which you may want to make gifts, both current and deferred.
By Credit Card Online
You may support the Bethany Annual Fund any time with a credit card using our secure online donation page.
Make your check out to Bethany Theological Seminary and mail to
Bethany Theological Seminary
615 National Road West
Richmond, IN 47374
By Periodic Bank Withdrawal
To make regular gifts without writing a monthly check, have your bank automatically send your gift to Bethany. If you wish to explore this method of giving, please fill out the Letter of Agreement for electronic fund transfers and mail to the address above.
By Transfer of Appreciated Property
If you hold property that has appreciated well since you acquired it — perhaps stocks, perhaps real estate — there may be a significant income tax advantage in using those assets to make a gift. In most instances you are able to take a full income tax deduction for the market value of the asset, but not need to recognize the capital gain as you would if you sold it.
If you have interest in exploring this kind of gift, please contact us (see e-mail and phone below). If your interest is in donating appreciated stock, contact us for specific DTC instructions for your broker to expedite this process. Any time you give stock, please give us advance notice of the transfer, including approximate date, stock name or symbol, and approximate number of shares.
By Transfer from IRA
Since 2006 Congress has periodically authorized charitable giving by direct transfer from the donor’s IRA. In common parlance it has somewhat imprecisely been referred to as a rollover, but technically is a qualified charitable distribution (QCD).
From year to year there have been minor variations in procedures and criteria, and it always came with a termination date. In January 2015 the provision lapsed, and for most of 2015 there was no assurance it would be reinstated. However, on December 18 Congress finally passed and the president signed a tax extender bill that reinstates the QCD retroactively for 2015 and permanently into the future.
This process for charitable giving is available to donors age 70½ who have a traditional or a Roth individual retirement account. The QCD is not for everyone, even if they meet the age criterion, but if certain circumstances present themselves on your tax return, it can be very useful. Write to email@example.com or call us for a conversation about whether your tax situation could benefit from use of the QCD.
If you utilize this way of giving, please let us know the name and company of your IRA administrator.