New Creations Chapel, Inc.

6400 National Road East Richmond, Indiana 47374

Postal donations

Please fill in the boxes below, then print out the pages and send them by post to New Creations Chapel Inc, 6400 National Road East, Richmond, IN 47374, USA, knowing that 100% of your gift will go towards helping at-risk teens. This method allows you to send us checks or money orders to partner with us financially.

Your gift is tax deductible and you will receive a tax receipt.

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Planned Giving

Bequests, Retirement Plans, and Gifts of Real Estate

The most significant way our alumni and friends can support New Creations Chapel is through their estate planning. These gifts serve as the foundation and building blocks on which we can continue to grow in our efforts to reach America’s hurting youth through our boarding school, academics, summer camps, and special youth events as they arise. Through your planning and generosity we can assure that the mission of New Creations Chapel will continue well into the future.

Gifts by will

Retirement plans

Gifts of real estate

Gifts of securities or mutual funds

Charitable gift annuities

Annuity rates

Gifts by Will

The following illustrations will assist you should you choose to include New Creations in your will. Please consult your attorney for exact wording to meet your specific needs and requirements.

Once you have completed your will, we would appreciate it if you would  share a copy of the section of your will that pertains to New Creations. We appreciate your thoughtful planning and generosity. This is a wonderful way to support the continued growth of the ministry well into the future.

"I give, devise, and bequeath to New Creations Chapel, a nonprofit corporation existing under the laws of the State of Indiana and located in Richmond, Indiana,                % of my estate."

"I give, devise, and bequeath to New Creations Chapel, a nonprofit corporation existing under the laws of the State of Indiana and located in Richmond, Indiana, $               ."

Specific Property:

"I give, devise, and bequeath to New Creations Chapel, a nonprofit corporation existing under the laws of the State of Indiana and located in Richmond, Indiana, (description of property), located at (exact location)."

"All the residue of my estate, including real and personal property, I give, devise, and bequeath to New Creations Chapel, a nonprofit corporation existing under the laws of the State of Indiana and located in Richmond, Indiana."

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Future Gifts Through Retirement Plans

Retirement plans like 401(k)s, 403(b)s, IRAs, and other qualified retirement plans provide significant income during the lifetimes of most retirees. Many retirees, however, are unaware how severely their retirement plans will be taxed when their residual estate is given to a child, friend or relative after their death. In some instances, heirs can receive as little as 30% of the plan after taxes. As a consequence of these severe tax liabilities, a retirement plan can be a very good gift to leave to New Creations - as well as an easy gift to make.

If you have a traditional IRA or pension plan, you can designate the ministry as the beneficiary of any remaining funds that you do not use. By making this charitable gift, you ensure that your estate will also receive a charitable deduction for the full value of the remaining assets. For more information on gifts through retirement plans, please contact Jeff Raatz in the Operations Department at New Creations by phone at 765-935-2790 or by email at

info@newcreationschapel.org

When considering ways to make charitable gifts more effectively, many have discovered that gifts of real estate can have special benefits for both the donor and the recipient.

Make a gift...yet retain use of the property:

As the creator of a retained life estate, you irrevocably deed to New Creations your home or farm, but retain the right to live in it for the rest of your life, a term of years, or a combination of the two. You may also use a vacation home to create this kind of gift.

When your retained life estate ends, New Creations can then use your property or the proceeds from the sale of your property for the purpose you designate.

Using Real Estate to fund a Life Income Arrangement:

Regardless of the type of gift chosen, it is possible to avoid capital gains tax on the increase value of the property at the time the gift is made, turn a non-income producing asset into income, as well as enjoy a current income tax deduction for the value of the gift (as determined by government tables).

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A Tax Wise Gift!

More and more alumni and friends donate securities to New Creations each year. Securities such as stocks, bonds and mutual funds make a wonderful gift, and the procedure for donating them is simple. Best of all, the tax savings to the donor can be significant. Here's why:

Selling securities or mutual funds that have appreciated in value generally results in long-term capital gains tax if the securities have been owned for more than twelve months.

Making a gift of long-term appreciated securities or mutual funds to New Creations AVOIDS THE CAPITAL GAINS TAX. Consequently, if you held the securities or mutual funds more than 12 months, your gift to New Creations will avoid a 20 percent capital gains tax.

In addition, the gift allows the donor who itemizes deductions to take an INCOME TAX CHARITABLE DEDUCTION for the full fair market value of the securities.

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A gift annuity is a contract under which the Foundation, in return for a transfer of cash or securities, agrees to pay a fixed sum of money for a period measured by one or two lives.  You receive an attractive rate of return and have the pleasure of making a meaningful charitable gift to the Foundation.