Q. What is the difference between my annual gifts to the AMAA and making a commitment toward the capital campaign?
A. Annual gifts are typically unrestricted gifts for mission & service used toward the current year’s operating budget or restricted annual gifts to top priority projects e.g., churches, evangelism, relief, summer camps, child sponsorship, and education.
Capital campaigns are unique, one-time initiatives which support specific projects above and beyond the operating budget; many of which are large in scope and will have long-term impact. Capital campaign gifts are typically payable over three to five years allowing individuals the ability to pledge larger gifts.
Therefore, we are asking our supporters to contribute to the Together, we can build miracles capital campaign while maintaining their annual support.
Q. Why does the AMAA want to build these additions and renovate the buildings?
A. All the campaign priorities are driven by the AMAA’s desire to provide enriched and enhanced services to all the people we serve in structurally sound edifices in addition to make maximum, efficient use of land and buildings we already own.
Q. If I do not designate my gift to a particular campaign project and it is unrestricted, how will the money be used?
A. Unrestricted gifts are vital to the well-being of the AMAA because they allow resources to be directed to where there is greatest immediate need.
Q. What are the differences between the various types of gifts?
A. Outright gifts: The most common and easiest way to make a gift to the AMAA is by check or credit card. These gifts can be one-time gifts or gifts made on a recurring basis. They can be designated for specific uses or left unrestricted.
Securities/stocks: A gift of appreciated securities might provide you with greater tax advantages than a gift of cash. You can deduct the current fair market value as a charitable gift and may avoid capital gains tax on the appreciation.
Property: Since gifts of property can provide tax deductions and may help avoid additional taxes, they are a good choice for many people. These gifts include tangible personal property, real personal property, intellectual property, and closely held company stock.
Planned gifts: Many friends of the AMAA choose to support our projects by including the AMAA in their estate plans. These deferred, or "planned," gifts include bequests by will, IRA or retirement plan, gift annuity, trust arrangement, insurance policy and other means, and they can be directed toward a variety of projects.
Pledges: You can pledge to make a gift over a period of three to five years. Your pledge can be to make a one-time gift at some point in the future or to make several gifts over a defined period of time.
Matching gifts: Many employers match the charitable gifts of their employees and retirees. Please ask your human resources department if your employer matches charitable gifts. If it does match gifts, please obtain, complete and submit a matching-gift form in order to multiply the value of your gift.
Q. Are contributions to the campaign tax-deductible?
A. The AMAA is a not-for-profit corporation so contributions are deductible to the fullest extent permitted by law.