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Also attached to Rance and LaRhea’s 2001 return were two
documents, each captioned “Assignment of Limited Interest In Jireh
Limited Partnership with Consent Attached”, one signed by Rance
and the other by LaRhea. Each assignment described the assignment
to CCF of an FLP interest valued at $240,000 and included CCF’s
acknowledgment by its president, John C. Mulder, who signed in
that capacity.
From 1995 through 2001, Zane and Shannon assigned interests
in Mustard Seed to CCF and claimed corresponding noncash
charitable contribution deductions on their personal income tax
returns, as follows:
Percent Assigned Claimed
Date Per Tax Return Contribution
12/20/95 11.5857% $185,000
12/29/97 1.95 Unknown
12/31/98 4.11036 90,000
12/31/01 8.864 188,000
Zane and Shannon requested that CCF direct any contributed
interests in Mustard Seed to Zacchaeus for the period 1995 to
2002. During the years 1998 through 2001, Zane and Shannon did
not transfer any Beneco stock to CCF. Form 8283 attached to Zane
and Shannon’s 1998 return did not include section B, the portion
of the form designated for gifts over $5,000. No appraisal or
reference to a specific appraisal was mentioned in or attached to
Zane and Shannon’s 1998 tax return. An “Assignment and Agreement”
was attached to their 1998 return signed by Zane and Shannon and a
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Last modified: March 27, 2008