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Gifts of Retirement Assets

A gift of part or all of your retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a gift to the Evangelical Free Church of America.

If you are like most people, you probably will not use all of your retirement assets during your lifetime. Make a gift and help further our mission.

Consider the benefits

Did you know that 50%-60% of your retirement assets may be taxed if you leave them to your family at your death? Savvy financial planners and attorneys agree that it may be best to select certain assets for individuals and other assets for charities. If you wish to provide for both your family and ministry, it is taxwise to leave your heirs assets that receive a step up in basis (such as real estate and stock) and give some or all of your retirement assets to the ministries you love. As a charity, we are not taxed upon receiving IRA or other retirement plan assets.

How to transfer your retirement assets

Your retirement assets may be transferred to the Evangelical Free Church of America by completing a beneficiary designation form provided by your plan custodian. If you designate The Evangelical Free Church of America as beneficiary, we will benefit from the full value of your gift because retirement assets will not be taxed at your death. Your estate will benefit from an estate tax charitable deduction for the gift.

Contact us

If you have any questions about gifts of retirement assets, please contact us. We would be happy to assist you and answer any questions that you have.

Please let us know if you have already included the EFCA Foundation, a ministry of the Evangelical Free Church of America, as a beneficiary of your retirement assets. We would like to thank you and recognize you for your gift.