Non-cash gifts offer supporters a great way to give without cutting into their cash-flow.

A non-cash gift is any contribution to Avant or our missionaries that is not made by cash, check or credit card. Non-cash gifts can be in the multiple forms:

• Stocks
• Bonds
• Mutual Funds
• Insurance
• Securities 
• Products/Items - (please see the Gifts in-Kind page)

These gifts are great alternatives to cash contributions. If you have any of the above that have increased in value, and would like to make them a gift to Avant, please contact Avant directly. We would love to help you make the gift in a way that serves your best interest by avoiding capital gains tax and receiving tax deductions for the full current market value.

• In the US contact Scott Holbrook, CFO, or Dean Callison, VP Development
• In Canada contact Grant Morrison, Canadian Director 

Below are examples of how a non-cash gift to Avant might look...

In the US:
Let's say you purchased stock for $1,000 and it has appreciated in value to $5,000. When you sign that stock over to Avant you may receive a tax deduction for the entire $5,000, without having to pay a capital gains tax on the $4,000 earned. You save in TWO ways! The individual donor, not Avant, is responsible for reporting the amount of the deduction to the IRS. A non-cash gift (other than stock) of over $5,000 requires the donor to get an appraisal.

In Canada:
Ordinarily capital gains in Canada are 50% taxable, however, in 2006, the Canadian government made a special provision in the Income Tax Act making the “capital gain” not taxable when the appreciated securities are donated to a registered charity. Assume that you purchased 100 shares of XYZ Corporation in 1995 at $10 per share that then appreciated to $50 per share in the year of the donation. If the securities were donated to the Mission, Avant would issue an official receipt for the market value of the shares (i.e. 100 shares x $50 per share or $5,000). Since the securities have been donated to Avant none of the gain (100X $50/share = $5,000 - $1,000 = $4,000) is taxable. This is a very tax advantageous way to make a charitable donation.