Listed below are many ways that you can support the ministry of The Master's Seminary. Because TMS is a non-profit organization, most gifts qualify for a federal and state income-tax charitable deduction. As with all financial considerations, we encourage you to discuss potential tax advantages and other aspects of charitable giving with your attorney, tax advisor, or financial consultant.
You can donate stock to TMS today by contacting our stock broker, click for further details.
Corporate Matching Gifts
Many corporations have demonstrated their support for TMS by matching, or multiplying, their employees' gifts to the Seminary, up to a set amount. Before you make a gift, you may want to ask whether your employer participates in such a program. Certain restrictions apply to matching gifts; please consult your company's personnel office for further information.
Gifts of cash, securities, or other property provide the Seminary with much-needed financial assistance. Outright gifts have an immediate impact on TMS ministry because they can be used to support a variety of current needs.
A pledge is a formal statement of intention to make a gift to TMS. It may be followed by an immediate gift, or it may simply confirm your intention to make a gift in the future. Many donors choose to complete their gift pledge by making regular payments over a period of time. This method often allows donors to give more generously than they may have originally considered.
Gifts with Retained Interest
Your gift to TMS can allow you to hold an interest in that gift for your lifetime or for a specified term of years. After that time, the funds become available to the Seminary. For example, you can set up a charitable trust which allows you to receive income from that trust for a specified period, or for life. When you make your gift, you have the satisfaction of knowing that plans you make today will help support the Seminary for decades to come.
Gifts of Endowment
A gift for endowment demonstrates your farsighted commitment to the Seminary. An endowment is a fund that is maintained in perpetuity, and only a portion of the annual investment return is used for the purposes specified by the donor. The rest of the investment yield is returned to principal. Thus, over the years, the fund can grow and hopefully keep pace with inflation. Such endowments, which typically are directed toward a particular aspect of the ministry (i.e. endowing faculty salaries or student scholarships), reflect your interests and serve as an enduring testament to your generosity.
A gift of long-term appreciated marketable securities helps you save taxes twice. Such a gift will provide an income-tax charitable deduction and capital gains tax savings.
Closely Held Securities
Securities in a company that is not publicly traded are known as closely held securities. When a donor makes a gift of these securities to TMS, the donor may enjoy tax savings and can even increase his or her income from the donated stock.
Gifts of Real Estate
When you give a gift of your home or real property to TMS, you may claim an income-tax charitable deduction based on the full market value of the gift, avoid capital gains taxes, and eliminate certain costs associated with the transfer of real property. Gifts of real estate can also provide income to you.
You may wish to give TMS a personal possession of special interest. The Seminary receives a wide variety of such gifts, including rare books and manuscripts, works of art, equipment and other items. To determine the Seminary's interest in the object you would like to give, please contact our Development Office.
Making a Planned Gift
Planned gifts are gift arrangements that have specific tax advantages and often include lifetime income to a beneficiary or beneficiaries named by the donor. Many TMS donors have utilized planned giving methods and are enjoying the benefits today: capital gains tax savings, increased income and income-tax savings, to name a few. A planned gift maximizes your giving potential and can even allow you to ensure your future financial security or that of a loved one. For further information about making a planned gift or bequest to TMS, contact our Development Office.