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A Gift With Eternal Dividends

Stocks and mutual funds make missionary flights affordable

Like their Western counterparts, national missionaries often rely on flights for supplies and spare parts and food. They use them to get to town or to transport their children to school. And aircraft take the ill or injured to medical care.

However, flights that are expensive for their Western co-workers — $380, $1,000 or even $1,250 an hour on flights that can last two, four, sometimes six hours round trip — are out of reach for national missionaries. That’s not to mention missionaries sent out by tribal churches, who often have little more than the clothes on their backs.

So NTM Aviation has made “our mission to serve” the priority, said Phil Koop, executive director, explaining, “Our charges are not based on cost but rather on affordability.”

That requires sponsors for missionary flights, and that’s where people like you come in. Your gift of appreciated stocks and mutual funds can sponsor flights for missionaries, and provide you with tax benefits.

By giving stock or mutual funds you have owned for more than one year, you can receive a charitable deduction for the fair-market value at the time of donation, allowing you to avoid any capital gains tax, potentially saving you hundreds or even thousands of dollars.

For example, say you’re going to make a $10,000 gift and are considering selling stock to get the funds. If you sold $10,000 of stock that you purchased more than a year ago for $5,000, you would owe $750 of long-term capital gains tax (15% x $5,000), leaving you with a $9,250 gift. By donating the stock shares to NTM, you would be making a $10,000 gift.

Making this type of gift is easy. Simply notify us of your desire to give the shares to sponsor missionary flights, and we’ll give you the information to pass along to your broker. To learn more, call 407-547-2406, or email sdo@ntm.org.

Tags: Aviation, Partner to Partner
POSTED ON Jun 01, 2016
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