Most charitable gifts to Everett Christian School are given in the form of cash because this is so familiar. However, this may not be the most cost-effective way for you to give.

You can increase your potential impact — and experience significant tax savings — by giving non-cash assets.

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Examples of Non-Cash Assets

• Stock or marketable securities

• Real estate

• Business interests

• Farm commodities

• Life insurance

• Retirement benefits, such as Gifts From Your IRA [Link to section]

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Benefits of Giving Non-Cash Assets

• Tax-wise. Receive a fair market value deduction at the time of your gift and avoid tax liability on the sale of appreciated assets.

• Eliminate hassles. Give assets you no longer need or want to manage (such as rental properties or vacation homes) for the benefit of Everett Christian School.

If you are 70 ½ or older, you can make a sizable gift from an individual retirement account (IRA) to Everett Christian School AND reduce your taxable income.

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Benefits of Giving From Your IRA

• Convenient. An easy way to give to ECS.

• Tax-wise. Distributions made directly to charity are not treated as taxable income. This is advantageous even if you don’t itemize deductions on your tax returns!

• Promises kept. Gifts from your IRA can be used to fulfill any charitable giving pledges previously made.

• Impactful. Gifts are tax-free to ECS. The entirety of your gift will go toward ministry!

 

Requirements of a Qualified Charitable Distribution

You can give from your IRA to ministry without any federal tax liability, as long as the gifts are qualified charitable distributions (QCDs). Distributions qualify for all or part of your required minimum distribution (RMD).

• IRA holders must be age 70 ½ or older at the time of the gift.

• Give up to $108,000* per year, per person.

• Gifts must be outright gifts made directly to a charitable organization.

• Distributions to donor-advised funds, charitable trusts or charitable gift annuities are not permissible.

• Distributions may only be made from traditional IRAs or Roth IRAs; other retirement accounts are not eligible.

• You can give a one-time qualified charitable distribution (or multiple QCDs within a single year) totaling no more than $54,000* to fund a life income gift.

 

*As of January 2025. Indexed for inflation annually.

When you give a gift (also known as a “bequest”) to Everett Christian School in your will or trust, you model to your loved ones a legacy of generosity. You also help ensure that Everett Christian School will continue to make a difference well beyond your lifetime.

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Benefits of Gifts in a Will 

• Legacy. Extend the impact of your generosity well beyond your lifetime.

• Availability. Retain access to your God-given resources for the remainder of your lifetime, or for as long as you need them.

• Capacity. You can potentially make the largest gift you’ll ever have the ability to give.

A lifetime income gift — such as a charitable gift annuity or charitable remainder trust — is a wonderful solution if you wish to give to Everett Christian School in a substantial way, but are concerned about having enough retirement income.

You can give cash or other property, and receive steady income for the rest of your life. The remainder will benefit ECS.

 

Benefits of Lifetime Income Gifts

• Win-win. Support Everett Christian School while securing income payments for life or a designated number of years.

• Eliminate hassles. Give assets you no longer need or care to manage (such as rental property or vacation homes) to benefit God’s Kingdom.

• Tax-wise. Receive an immediate income tax deduction at the time of your gift and reduce capital gains tax when funding your gift with appreciated assets.

Our Trusted Ministry Partner for Planned Giving

 

Everett Christian School partners with Barnabas Foundation to offer our supporters complimentary planning services and assistance with complex gifts.

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Since 1976, Barnabas Foundation has helped thousands of individuals and families give more effectively to the ministries close to their hearts.

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Barnabas Foundation will help you…

• Identify the best giving options available to you, in a way that is clear and easy to understand.

• Ensure your will reflects your personal and charitable goals.

• Give stock, real estate or other non-cash gifts while reducing your taxes.

• Make gifts that provide you and your family with income for life.

• Streamline and simplify the process of giving to multiple ministries.

Learn More

To learn more about the services available to you through Everett Christian School’s membership with Barnabas Foundation, call 425-259-3213 or visit BarnabasFoundation.org.

Donor-advised funds provide you with a simple, flexible and tax-efficient giving opportunity. Receive an immediate tax deduction when you deposit cash or proceeds from appreciated assets into a single charitable giving account. Then, recommend grants be made to Everett Christian School and your other favorite charities at a time that works best for you.

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Through Everett Christian School’s membership with Barnabas Foundation, you have complimentary access to the “Stewards Fund,” a donor-advised fund that reflects your biblical values.

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Benefits of Using the Stewards Fund 

• Timing. Receive an immediate tax deduction at the time you make a gift into the Stewards Fund. Then, at a time that works best for you, advise Barnabas Foundation how you wish your gifts to be distributed to Everett Christian School and other ministries close to your heart.

• Flexibility. Grants can be requested at any time of the day using Barnabas Foundation’s convenient online grant system. You may choose to give in one-time or recurring increments, and you may choose to designate your gift to meet specific organizational needs at Everett Christian School.

• Simplicity. Simplify your giving and record-keeping by making all gifts of cash, stocks or appreciated assets from a single account.

• Privacy. You can choose to make any or all grants to Everett Christian School anonymously.

• Expertise. Benefit from the knowledge and expertise of Barnabas Foundation staff who will manage and liquidate your non-cash asset gifts.

• Cost-effective. Many families choose to use their Stewards Fund account as a cost-effective alternative to establishing a private foundation.