Gifts That Reduce Your Taxes
Gift of Cash

A donation of cash is the most direct way to create your legacy of discipleship with The Navigators. You benefit from a charitable tax credit while you have an immediate impact on the present and future of The Navigators’ ministry. You can make your gift online with our secure online giving page or by sending a check or money order by mail to:

The Navigators
PO Box 6079
Albert Lea, MN 56007-6679
Navigators Donor Care Team: (866) 568-7827

If you are sending a check or money order, please let us know if you would like your gift to be used for a specific purpose.

Stocks & Securities

When you give stock or securities (stock, bonds, mutual funds), you may be eligible for a double tax benefit:

  • You receive an income tax deduction for the full, present, fair market value of the assets.
  • You may completely avoid capital gains tax on the appreciation of the assets. 

This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. For more information, click here.

Savings Bonds

When you redeem savings bonds, you or the person you leave your bonds to will owe income tax on the appreciation. You can eliminate the income tax on bonds you own that have stopped earning interest and that you plan to redeem. Because The Navigators is tax exempt, 100 percent of your gift of savings bonds will support our ministry.

Benefits:

  • Reduce income tax.
  • Reduce income tax and estate taxes for your loved ones.
  • Create your legacy of discipleship with The Navigators.
    Retirement plans

    This option is becoming more and more popular, and here’s why. When you designate The Navigators as a beneficiary of your retirement plan, you give the gift that reduces your taxes, costs you nothing now, and strengthens our ministry to bring people to Christ and to make Him known to others.

    Benefits to you:

    • Reduce or eliminate taxes to your beneficiaries/heirs on retirement assets.
    • Remove highly taxable assets from your estate by direct beneficiary designation.
    • Reduce or avoid probate fees.
    • No cost to you now to give.
    • Creates your legacy of discipleship with The Navigators.

    To name The Navigators as a beneficiary of your retirement plan, contact your financial institution or insurance company to see how to complete a change of beneficiary.

    Life Insurance policies

    Transfer ownership now:

    To make an impact on our mission today, irrevocably designate The Navigators as owner and beneficiary of an existing life insurance policy. If your policy is paid up, you will receive an immediate income tax deduction based on the policy value.

    If your policy is not yet paid up, you will make contributions of cash to The Navigators to cover future premium payments. For any continuing premium payments you make, you will receive a charitable deduction in the year of the payment.

     

    Name us as a beneficiary:

    You can name The Navigators as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, The Navigators will receive the proceeds of your policy when you pass away. You can change your beneficiary at any time and may reduce your estate taxes.

    This gift is easy to arrange — simply request a beneficiary designation form from your plan administrator.

    Personal Property

    A gift of artwork, coins, antiques, or other personal property can be an excellent way to support The Navigators. The tax benefits of the gift depend on whether The Navigators can use the property in a way that is related to its mission. Contact us to learn more about this type of gift — we would be happy to help you find the option that best fits your philanthropic goals.

    Complimentary Gift Planning Resources are Just a Click Away!

    Creative Ways to Establish a Legacy