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Dear Friend,
We believe Derek Prince Ministries' partners and friends are some of the most generous people on the face of the earth. So let me first of all take one more opportunity to thank you for your financial participation in the work of DPM. This brief note is intended as an additional service, containing two items of information that may be beneficial for you from a tax and/or financial planning standpoint.
For the first item, some of our DPM partners prefer to donate stock instead of cash gifts. This option affords them a significant tax benefit, and we are very grateful to receive these resources. Our policy at DPM is to negotiate these stock gifts immediately upon receiving them. This giving option has blessed the ministry greatly. If you would like to donate stock please click here for details, or contact Support Services at (800) 448-3261.
For the second item, you may be aware of the "Charitable IRA Rollover Provision." You could consult your financial advisor on this option. While there is no charitable deduction for such a contribution, which must go directly from your IRA trustee payable to a church or charity, it still carries a benefit for you.
Any such gift will count toward your annual required minimum distribution (RMD) and eliminate some tax liability for deferred gains. If this would be an advantage in your financial planning, you may want to talk with your financial advisor concerning this option.
Thank you once again for your contributions to DPM—in whatever form they may be given. We are grateful to you for your generous support.
All the best,
Dick Leggatt
President, DPM–USA
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