As we approach another Christmas season, many of us are busy planning, wrapping presents, attending Christmas parties, and—of course—eating far too much candy. While much of our attention is rightly focused on family and close friends, we at the BBFI Mission Office invite you to consider adding one more name to your gift list this year: the missionary.

Below are some practical and creative ways to give a year-end gift to the missionaries you support. In many cases, if these gifts are processed through the BBFI Mission Office, they may qualify for a tax benefit. Feel free to share these ideas with anyone who may be interested.

Ways to Give

>Cash Donations

You can give a cash gift to a missionary by check or by using our online giving platform. See instructions below.

>Personal Property

These types of gifts include, but are not limited to:

• Vehicles
• Jewelry
• Boats or motor homes
• Works of art
• Physical silver or gold

>Stocks and Appreciated Securities

By transferring appreciated stocks, bonds, or mutual funds held for one year or more, the giver may avoid recognizing capital gains tax on the gift.

>Mineral Rights

Oil and gas interests, including royalties can be gifted tax-free as long as the rights have been held for more than one year.

>Real Estate

Residential, commercial, agricultural, or undeveloped real estate may be given on a tax-advantaged basis.

>Required Minimum Distribution (RMD)

If you are age 73 or older and have an IRA, you must take a yearly Required Minimum Distribution. The good news is that you can give all or part of this distribution to a nonprofit organization on a tax-free basis.

>Qualified Charitable Distribution (QCD)

If you are age 70½ or older, you can direct your IRA custodian to send a check to the BBFI Mission Office and designate it for a specific missionary. You may transfer up to $100,000 per year from your IRA without recognizing it as income, and the amount counts toward your Required Minimum Distribution.

Contact Us

If you would like to discuss these or other ideas for giving to missionaries, please contact us:
Email: bgarrison@bbfimissions.com
Phone: 417-862-5001 (ask for Brian Garrison)

Directions for Online Giving

Visit www.bbfimissions.com
Click on the “Give” tab to explore the various giving options: Missionaries, Projects, Planned Giving, Building Projects, and more.

Please note: These are recommendations only and should not be considered professional financial advice. For help with specific situations or to determine whether a particular gift fits your financial circumstances and planning, please consult an attorney or other qualified professional advisor.