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Ways to Make a Current Gift

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Whether you support Bethany through the unrestricted Annual Fund, or through restricted or endowment giving, there are a number of ways you can give. Opportunities for making a current gift are outlined below. If you want to explore deferred gifts or other special giving strategies, we will have a new expanded website for you to peruse by the end of June. Check back here in a few days.

 

By Check

Write your check to "Bethany Theological Seminary," and mail to:
      Institutional Advancement
      Bethany Theological Seminary
      615 National Road West
      Richmond, IN 47374

 

By Periodic Bank Withdrawal

To make regular gifts without writing a monthly check, have your bank automatically send your gift to Bethany. If you wish to explore this method of giving, contact Monica Rice (ricemo@bethanyseminary.edu or (800) 287-8822, Ext.1823) for the forms needed to initiate this process.

 

By Credit Card OnlineDonate Now!

You may support the Bethany Annual Fund anytime with a credit card using our secure online donation page!

 

By Transfer of Appreciated Property

If you hold property that has appreciated well since you acquired it -- perhaps stocks, perhaps real estate -- there may be a significant income tax advantage in using those assets to make a gift. In most instances you are able to take a full income tax deduction for the market value of the asset, but not need to recognize the capital gain as you would if you sold it.

If you have interest in exploring this kind of gift, please contact us (see e-mail and phone below).  If your interest is in donating appreciated stock, contact us for specific DTC instructions for your broker to expedite this process. Any time you give stock, please give us advance notice of the transfer, including approximate date, stock name or symbol, and approximate number of shares. 

 

By Transfer from IRA

Since 2006 Congress has periodically authorized charitable giving by direct transfer from the donor's IRA. In common parlance it has somewhat imprecisely been referred to as a "rollover," but technically is a Qualified Charitable Distribution, or "QCD." From year to year there have been minor variations in procedures and criteria, and as of January 2015, the provision has lapsed.

It is increasingly evident that the rollover is not likely to be permanently instated this year through comprehensive tax reform or in free standing legislation. There may still be a chance through "tax extender" legislation that it might be reinstated. (On a bipartisan vote of 23-3 on July 21 the Senate Finance Committee recommended extenders that would reinstate the QCD retroactively from January 2015 through December 2016. However, the provision still has a long way to go before it would become law.) If you are in the category of people to whom this can apply (in the past, age 70½) check with us periodically for the status of Congressional action. The QCD is not for everyone even if they meet the age criterion, but if certain circumstances present themselves on your tax return, it may be quite useful. Write to advancement@bethanyseminary.edu or call us for a conversation about whether your tax situation could benefit from use of the QCD. 

If you would ever utilize this way of giving, please let us know the name and company of your IRA administrator. 

 


For more information, please contact:

Mark LancasterMark Lancaster, Executive Director of Institutional Advancement
     lancama@bethanyseminary.edu       765-983-1805  or  (800) 287-8822  x1805

Todd Peterson
(Certificate of Achievement in Theological Studies [CATS] Connections)

Tood Peterson
"The 'later' I've been looking for"

Like many people who recognize God is calling them to follow, I was adept at listing reasons why it couldn't work right now. Money, time, family, commitments to my local congregation--the list went on and on, and I was able to rest comfortably in the fact that it wasn't me, it was my situation. I would enter seminary when circumstances were right; it would happen "later."