Non-cash Giving

Through National Christian Foundation (NCF), we can help you evaluate the potential of making a gift of this type, and assist in the transfer, management and/or sale of the gifted business asset – allowing you to avoid capital gains tax, remove it from your estate and receive a charitable deduction for the appraised fair market value of the gift. NCF will work with you to accomplish your charitable goals in the most tax-efficient, cost-efficient and timely way.

For more information, including testimonies and charts that explain how this works, go to NCF’s Business Interests web page.

Here’s how it works:

1. As you and your advisor decide that a gift of a business interest is appropriate in your financial and philanthropic planning, GFA will work with the National Christian Foundation (NCF) to administer the gift to the GFA’s Harvest Foundation.
2. NCF will request some information about your business in order to understand the business asset and answer relevant questions, such as, “Is it transferable?” and “What is the wisest method of transfer?”
3. NCF reviews the potential gift and, if it’s acceptable, submits a gift offer letter to you as owner.
4. If you decide to proceed, a transfer document is drawn up, either by NCF or your legal counsel.
5. When the transfer document is executed, the gift date is established, and NCF will work towards the sale or the ongoing management of the asset as appropriate.
6. When the business asset is sold, or as income is received from the management of the asset, approximately 95% of the net value will be placed in the GFA’s Harvest Foundation for distribution according to your preferences within the ministry of GFA.

For more information:

If you have any questions or wish to start the process for your gift, please fill out our contact form, or call GFA's Harvest Foundation at 800-946-2742.

All gifts are subject to GFA World's Gift Acceptance Policy.

DISCLAIMER:   This web page is designed to provide information and illustration of the subject matters covered. It is not intended, nor should it be used as legal, accounting or other professional advice. It is always a good idea to seek legal and tax advice from your professional advisor(s).