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Methods of Giving
Give Now to Fair Havens through our Online Giving page.
Cash
The most common way to give is cash. If you itemize, cash gifts are tax deductible up to 50% of your adjusted gross income. If all your gifts of cash, life insurance, or credit card giving for the year exceed 50 % of your adjusted gross income, the excess may be carried forward for tax purposes for five additional years.
Please make your check out to Fair Havens Christian Home and mail it to:
Fair Havens Christian Home
1790 S. Fairview Ave.
Decatur, IL 62521
Planned Giving
By clicking the above tab, you can visit our planned giving website for helpful information. We have an increasing number of friends at Christian Homes who now are benefiting from life income gifts, gift annuities and other plans. Thank you for taking time to explore the benefits of gift planning.
Life Insurance
If you are the owner of a paid up life insurance policy that is no longer needed, it can be given to Fair Havens Christian Home. To receive a charitable deduction, you name Fair Havens Christian Home as the owner and beneficiary of the policy. You will receive a tax deduction for the cash value of the policy on the date it is transferred.
Gifts of Real Estate
A gift of land, home, vacation home or farm can be tax-advantageous. If the property has appreciated over the years, the sale would probably result in a large capital gains tax. If given outright to Fair Havens Christian Home, you would avoid capital gains tax and receive a charitable tax deduction for its full market value. A certified appraisal will be required by the IRS.
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