FCHUM offers a wide variety of methods that companies, churches and individuals may take advantage of to provide donations for ministry services. Follow this link to review a complete list of donation venues. The Fern Creek Highview United Ministries is recognized by the IRS as a 501(c)3 non-profit organization. As such, your donation may be tax deductible. Please consult with your financial advisor for details. All donations to FCHUM are receipted for tax purposes. To view FCHUM’s IRS Form 990 please follow this link to open a new window to GuideStar.
ADC Wish List IFAC Wish List Legacy Campaign
Check donations may be made by postal mail to the following address:
Fern Creek Highview United Ministries
9300 Beulah Church Rd.
Louisville, KY 40291
Online Donations are processed safely and securely through our online donation provider Network for Good. Click the ‘Donate Now’ image below to open a new window to process your online donation. You will be receipted directly from Network for Good for your donation.
Donations may also be designated to any of the follow SPECIAL PROJECTS. Please click the project name to submit an online donation to the project.
- Legacy of Caring
- Adult Day Center
- Gala Sponsorship
- HELP Program
- Individual & Family Assistance Center
We are happy that you are interested in supporting Fern Creek Highview United Ministries. There are a variety of ways to make a significant gift. This page illustrates some of the ways one can increase and advance personal and estate planning interests while providing support for our ministry.
FCHUM will be pleased to work with prospective donors in determining how they may wish to make a gift. This page is intended to provide simple examples of complicated transactions, but FCHUM is not in the business of giving tax advice. Donors should consult with their own financial and tax advisors before finalizing a gift.
For more information, contact our offices by clicking here.
To view FCHUM’s IRS Form 990 please follow this link to open a new window to GuideStar.
Cash Gifts: Currency, Coin, Personal Check, Money Order, Major Credit Cards Easiest gift to make is a gift of cash. These gifts are deductible for income tax purposes, subject to certain limitations. Please consider using the convenient and secure website of Network for Good for your donation.
Pledges: You may spread your gift out over a three to five year period. Gifts are deductible in the year a payment is made. Many Circle of Friends make and regularly renew pledges.
Matching Gifts: A matching gift leverages donor’s gift to a higher level. To take advantage of matching programs offered by many employers, check with your employer. A partial list of companies providing matching gifts may be found here.
Marketable Securities: A gift of marketable securities which are otherwise subject to long-term capital gains is often advantageous. Avoid payment of capital gains tax on the increase in the value of the stock. Receive deduction for full fair market value of the stock at the time of the gift, subject to limitations.
Stamp Collections, Art Collections, Jewelry: You receive a deduction for your basis in the gift. FCHUM then converts the property to cash.
Life Income Trusts: Place assets in Trust and retain right to Trust income. At the end of the Trust, remainder goes to FCHUM. Tax deduction will depend upon value passing to FCHUM. The advantages of life income trusts, is that there is flexibility in type of property that can be donated and it can provide a fixed amount of income or a variable level of income.
Charitable Lead Trusts: Assets are placed in Trust and FCHUM receives income for a period of time and then the assets return to donor or other beneficiary at end of designated period. With a charitable lead trust, a donor can fulfill a gift pledge while reducing estate and gift taxes which might otherwise be due on assets passing to heirs.
Life Insurance: If you have life insurance that your heirs don’t need, make FCHUM the beneficiary of the policy. The policy proceeds are then deductible for your estate tax purposes. You may also receive a current income tax deduction by making FCHUM the owner of a policy.
Bequest in a Will: Outright bequests, as well as certain bequests in trust are not subject to estate taxes. Bequest can take any of the following forms:
- Bequest of a dollar amount, particular securities or other property.
- Residual bequest of all or portion of estate after payment of specific amounts to other beneficiaries.
- Contingent bequest to take effect if beneficiaries die before the testator.
A bequest can often be arranged simply with the addition of a codicil amending an existing will.
Qualified Benefit Plans (including individual retirement accounts and 401K plans): Consider naming FCHUM the beneficiary of your qualified benefit plan, thereby avoiding both the income and estate tax which would otherwise be payable on these benefit plans.
Reminder – If you are giving a small donation less than $250, a receipt for the IRS is not required. However, it is always a good idea to get a receipt for all types of donations and keep a good record.
In order for a tax deduction to be valid, a charitable organization must be classified as a 501(c) organization by the IRS.
If you are making larger donations for property, such as expensive automobiles or property, you will need a certified appraisal.
You will need to itemize your tax deductions on the 1040 form, and need to separate your cash donations from your property. The IRS expects you to file for the tax deduction in the same year as the donation.
Remember, donors should consult with their own financial and tax advisors before finalizing gifts.