Outright Gifts

Cash Gifts

The simplest and most common method of giving to the Falls Creek, For the Sake of the Call Campaign is through cash gifts.

To make your gift of cash, simply make your check out to "Baptist General Convention of Oklahoma" indicating on the lower left of the check, "for Falls Creek Campaign". Mail your check to:

Falls Creek Campaign
BGCO
3800 N. May Ave.
Oklahoma City, OK 73112

If you itemize deductions on your federal tax return, you may deduct up to an amount equal to 50% of your adjusted gross income. Any unused deduction can be carried over for up to five additional years or until it is completely used whichever is first.

Pledges

Most donors to the Falls Creek Campaign could usually give more significantly by committing to a specific amount over a period of time rather than a single one-time gift.

The Campaign plan calls for a three-year (36 month) pledge opportunity, although any length up to five years is acceptable. Pledges will be counted toward the campaign at the full face value of the pledge. The donor determines the frequency of the pledge payments, which best fits, his or her particular situation.

All pledges must be documented in writing by the donor either in the form of a pledge card or written letter of intent. Unfortunately, verbal pledges cannot be counted toward the campaign goal.

The Baptist General Convention of Oklahoma considers a signed pledge to be a "good faith" commitment on the part of the donor. If circumstances should warrant, the commitment may be changed at the donor's request. All information regarding a donor's gift and pledge is held in strictest confidence.

To discuss making a Pledge, please call 1-800-690-6933.

Appreciated Securities

Transferring securities (stocks or bonds) to the Falls Creek, For the Sake of the Call Campaign can be one of the most profitable ways of giving.

The donor is entitled to a charitable tax deduction equal to the full fair market value of the stock on the date of the gift. That value is determined as the average of the high and low prices on that date. If the donor had owned appreciated stock for more than one year, capital gains taxes may be avoided by donating the stock to the Falls Creek Campaign.

Warning: Do not sell highly appreciated stock first and then give the proceeds! Even though you intend to make a charitable gift, the IRS will impose a capital gains tax on your sale and thus lessen the amount of your gift.

The donor may deduct gifts of appreciated assets for up to 30 percent of their Adjusted Gross Income (total of their taxable income) although they can carry over any unused balance for up to five additional years.

Call 1-800-690-6933 for instructions for transferring appreciated assets to the Falls Creek, For the Sake of the Call Campaign.

Stock Gift Transfers

Giving of Certificate

Donor must obtain "Guaranteed Signature" at bank or broker. They will also compose a letter to accompany certificate that will read essentially:

"To Whom It May Concern:

I hereby make a contribution of ( number ) shares of Dow Chemical stock (certificate number) to the Baptist General Convention of Oklahoma for the benefit of the Falls Creek Capital Campaign. It is my desire that this stock be liquidated and the proceeds be used to finance the expansion and renovation of Falls Creek Baptist Conference Center as outlined in the master plan adopted by the Baptist General Convention of Oklahoma on November 16, 1999.

Sincerely,
(donor name)
(address)"

Electronic Stock Gift

Donor will transfer his stock from his stock broker to Salomon Smith Barney (Broker Consultant, Dave Patrick) in Oklahoma City, One Leadership Square, telephone (405) 2332-9181, DTC 0418, to The Baptist Foundation of Oklahoma Account #07942-13-013.

Donor is to also provide a letter that says essentially:

"To Whom It May Concern:

I would like to make a charitable contribution of ( shares ) Dow Chemical Stock to The Baptist Foundation of Oklahoma for the benefit of the Falls Creek Capital Campaign. This stock is to be transferred to The Baptist Foundation of Oklahoma, Account #07942-13-013, with Salomon Smith Barney, One Leadership Square, Oklahoma City, OK, Mr. Dave Patrick, Broker Consultant. (DTC 0418)

After the stock is transferred, I am requesting that The Baptist Foundation of Oklahoma liquidate said stock and that the proceeds be given to The Baptist General Convention of Oklahoma for the benefit of the Falls Creek Capital Campaign. This contribution is to be used to finance the expansion and renovation of Falls Creek Baptist Conference Center as outlined in the master plan adopted by The Baptist General Convention of Oklahoma on November 16, 1999.

Sincerely,
(donor name)
(address)"

Real Property

Gifts of real estate can benefit both the donor and Falls Creek.

An individual may elect to give a principal residence, vacation home, farmland, a commercial building, sub-division lots, or unimproved land. The same benefits for gifts of appreciated securities apply to gifts of appreciate real estate.

Gifts of real estate are deductible at fair market value as determined by a qualified appraiser. The donor provides a formal appraisal on gifts of real estate in accordance with IRS regulations governing such gifts.

Because various factors impact acceptance of R/E gifts, all potential gifts of real estate will be inspected and reviewed before they are formally accepted and finalized.

An Alternative Consideration

A person may donate their home to the Falls Creek Campaign, receive an immediate tax deduction and continue to live in the home for his or her lifetime. This giving approach is called a "Retained Life Estate" and is described in the Planned Giving section of Giving Opportunities.

To discuss the possibility of making a gift of R/E, call 1-800-690-6933.

Tangible Personal Property

All tangible personal property, such as jewelry, works of art, coin collections, antiques, royalties, and other personal possessions could be subject to estate taxes. By giving such items to the Falls Creek, For the Sake of the Call Campaign during lifetime or at death, an individual may realize certain benefits and discover a new way to make a gift.

The amount of tax deduction available by giving tangible personal property is determined by appraised value, related purpose guidelines and other determining factors. Generally, gifts such as these can only be accepted if they enhance the Falls Creek ministry or asset value and are readily convertible to cash equivalents.

Contact the Falls Creek Campaign office at 1-800-690-6933 if you would like to discuss the possibilities of giving a tangible personal item to the Falls Creek, for the Sake of the Call Campaign.

Memorial and Tribute Gifts

Gifts given in honor or memory of a loved one can influence the lives of the present as well as future generations. Falls Creek has touched the lives of hundreds of thousands of people through the years and if the life of the person being honored or memorialized was impacted by this dynamic ministry, this type of gift would carry special meaning.

When this type of gift is made, the Falls Creek Campaign office notifies the honoree or next of kin and the gift is administered as the donor specifies.

To make a Memorial Gift or to make a Gift in Honor of Someone Special call 1-800-690-6933.