Beyond a gift in your will

I want to simplify my giving.

Already Have a Donor Advised Fund (DAF)?

Your DAF gift to Haven of Rest Ministries helps us continue to provide Christ-centered care to homeless and hungry men, women, and children in Northeast Ohio. You  can make a designation by clicking on the link of your Fund below:

Fidelity Charitable Login

DAFgiving360 | Donor-Advised Fund | Charles Schwab

Giving with Vanguard Charitable | Vanguard 

Donor-Advised Funds | Akron Community Foundation

Donor-Advised Funds | NPT | National Philanthropic Trust

National Christian Foundation – Christian Giving | Donor-Advised Funds

Your Donor Advised Fund Account | American Endowment Foundation

 

What Is a DAF?

A DAF is a personal giving fund that offers a simple and tax-smart way to give cash, real estate, stocks, mutual funds, or commodities. Your gift is tax-deductible, and your invested assets grow tax-free. You have the flexibility to distribute gifts over time to charities of your choosing, including Haven of Rest Ministries.

I want to make a significant gift and earn income at the same time.

A Charitable Gift Annuity (CGA) may be a good fit for you. CGAs are a simple arrangement that involves a charitable gift and ongoing income. You make a gift—part of which is tax deductible—and receive fixed payments each year for the rest of your life. At the end of your life, the remainder of your charitable gift goes to support our work.

I have assets like real estate, life insurance, stocks, mutual funds and property I’d like to give.

The majority of your wealth is most likely held in non-cash assets. You can use these resources to make a lasting difference in our work. Plus, giving non-cash assets can help you reduce or eliminate capital gains tax when you transfer part or all of your assets to a charitable organization before the sale. You’ll receive a tax deduction (and see significant savings on your income tax returns).

I’d like to use my retirement assets to support your work.

You have options when it comes to giving from your retirement assets.

Qualified Charitable Distributions (QCDs) from a retirement account (also known as Charitable IRA rollovers) are a great way to make a charitable gift and save on taxes. Donors aged 70.5 and older are eligible to make a distribution from their IRA directly to their favorite charities. Donors aged 73 (age is raised to 75 by 2033) are required to take a minimum distribution from their IRA each year. This required minimum distribution (RMD) can also be directed to a charity as a QCD. The QCD giving option is tax advantageous because you are not required to pay income tax on charitable withdrawals from these accounts, plus the sum you give will not be included in your adjusted gross income.

You can also designate Haven of Rest Ministries as a primary or secondary beneficiary of your 401k, 403b, or Individual Retirement Account (IRA). With this option, at your death all remaining assets will be transferred to your chosen beneficiaries.