Westwood Ministries

WE STRESS THAT THESE GIFTS BE OVER AND ABOVE ONE’S TITHE TO THE LOCAL CHURCH. 

All gifts are tax deductible. Westwood Ministries, founded in 1989, is a tax exempt, 501(©)( 3) non-profit organization.

Gifts by Credit Card: Gifts can be given to Westwood via credit card on-line.  To send a donation via credit card, click here.

Gifts of Cash: Gifts of cash can be given to meet general needs or designated for a specific purpose.  Westwood also has a convenient automatic bank withdrawal plan which many of our donors use.

Gifts by Bank Draft: Gifts can be given to Westwood via bank draft.  To create a bank draft, please  print the adobe from your computer, complete  form and then mail to Westwood along with a voided check. Bank Draft Form

Gifts of Real Estate: Property can be donated outright, placed in trust or retained for use for life. Before you sell real estate that would result in a sizable capital gains tax, consider donating property held more than one year–you will avoid the tax and realize a charitable deduction for the full fair market value.

Gifts of Life Insurance: Policies that are paid up may be deductible as gifts for their approximate replacement value. When Westwood Ministries is named as both owner and beneficiary on a policy on which you continue to make monthly payments, you can receive income tax deductions. A new policy on your life naming Westwood as beneficiary also guarantees a future gift.

Trusts: Charitable remainder trusts are built with assets you contribute, such as securities, appreciated property or cash. Once placed in trust, the assets can be sold (avoiding capital gains tax) and the proceeds reinvested to produce a higher yield for the donor and/or other beneficiaries. Such an arrangement can create an immediate income tax deduction.

Gifts of Securities: Stocks or other investments that you have held for more than one year can become a substantial gift made at a low net cost to you. You receive a charitable deduction based on their fair market value on the date of the gift and avoid all capital gains tax.  Many security holdings have a tremendous level of unrealized gain. If these appreciated securities are sold, 20% of the gain could be lost to taxation.

Unlike gifts of cash that have already incurred an income tax, gifts of these appreciated assets avoid the incurrence of capital gain tax. In addition, you receive an income tax charitable deduction for the full fair market value of the asset, assuming you have held it for longer than one year.

Westwood’s Donor Program is our way of assuring the ministry of Westwood will be perpetuated for generations to come.     For additional information, contact Dr. Dave Gentry at (830) 866-3323

     Planned giving and investing in this changing financial and tax environment can truly be a win-win situation for both you and the ministry of Westwood.

Memorials and Honorariums: Upon receiving these gifts, a personal card will be sent to the selected recipient. Your thoughtfulness will benefit both the recipient and Westwood Ministries.  All gifts are tax deductible.