Bequests

Psalm 78:4 New Living Translation (NLT)

We will not hide these truths from our children;
    we will tell the next generation
about the glorious deeds of the Lord,
    about his power and his mighty wonders.

No matter what your age or wealth, deciding how to bequeath your assets is one of the most important decisions you will make in your lifetime. Your will, the document that specifies your wishes, allows you to make gifts to your family and friends as well as to the charitable organizations you wish to support. Including Evangel Ministries, Inc. d/b/a The Family in your will may allow you to make a more significant contribution than is possible during your lifetime — with the added peace of mind that comes from knowing your estate dollars will have maximum impact in helping The Family broadcast the hope of Jesus Christ to strengthen and encourage listeners in Wisconsin and beyond.

Through a bequest, you may leave a specific dollar amount, all or a percentage of your residuary estate, or specific assets such as marketable securities. You may also create a testamentary charitable remainder trust in your will, which provides life income to a loved one before the principal reverts to Evangel Ministries, Inc. A bequest to a charitable organization can significantly save on estate taxes. An outright bequest to Evangel Ministries, Inc. d/b/a The Family will pass free of estate taxes and will count as a deduction when calculating your taxable estate.

Any bequest to Evangel Ministries, Inc. d/b/a The Family is deeply appreciated. An unrestricted bequest permits Evangel Ministries, Inc. d/b/a The Family to strategically direct your gift where it’s most needed. While needs change, Evangel Ministries, Inc.’s commitment to provide the best contemporary Christian music and family programming that will benefit generations to come. Will you partner with us?

You may make a bequest to Evangel Ministries, Inc.d/b/a The Family by preparing a new will or adding a codicil to your existing will. To assure that your specific intentions are carried out, wills and codicils should be prepared by, or with the advice of, your attorney. Should you decide to make a bequest to Evangel Ministries, Inc. d/b/a The Family, please let us know so we may include you in our Legacy Partners Circle and, with your permission, include your name in future Endowment Fund listings.

To learn more about bequests and planned giving, please contact Evangel Ministries, Inc.’s Donor and Community Relations at 800-236-9364 or email.  Please fill out the bequest-notification form.

These gifts ensure future generations will benefit from your generosity and legacy.

Gifts During Lifetime

You can maximize Kingdom impact, save taxes and experience the joy of generosity.

Outright: In addition to cash, you can make an outright gift of real estate, a paid-up life insurance policy or other property of value directly to The Family.

Stock: If you currently write checks to support The Family, but also have appreciated stocks or mutual funds, you can significantly reduce the cost of your charitable gift while giving more by gifting stock before the sale.

Charitable IRA Rollover: If you are over
70 ½, you can make a tax-free distribution from your IRA directly to The Family.

Donor-Advised Fund: Instead of writing checks directly to MINISTRY, you can manage ALL of your charitable giving with a Donor-Advised Fund – which works like a charitable checking account. You give assets into the Fund (cash, stocks, real estate, etc.), receive an immediate income tax deduction, and then recommend grants to your church and The Family when timely. This is a great tool for windfalls, inheritances and year-end business profits.

Benefits of Lifetime Gifts

  • Receive an immediate tax deduction
  • Save on income, capital gain, gift, and/or estate taxes
  • Experience the joy of the gift being put to good use during your lifetime

Gifts that Pay Income

With careful planning, you can provide yourself or someone else annual income while providing meaningful support to The Family.

Charitable Gift Annuity: In exchange for a gift of cash, stocks or other assets, by contract,  you or a loved one receive fixed income at an attractive rate of return. A portion of the gift will benefit The Family.

Charitable Remainder Trust: You contribute assets to an irrevocable trust. These assets are invested by you, and you or a loved one receive income from the trust. The remaining assets benefit The Family.

Benefits of Income-Producing Gifts

  • Receive income payments
  • Obtain a charitable deduction for a portion of the value of the gift
  • Save on capital gains taxes when you contribute appreciated securities
  • Convert low- or non-income assets into a gift with an attractive income stream

Gifts at Death

Bequests:  You can designate a specific dollar amount or a percentage of your estate to The Family in your will or trust.

If you make annual gifts and wish to continue support after your lifetime, you can arrange an endowed gift through a Donor-Advised Fund or your trust.

Life Insurance and/or other Retirement Assets: You can name The Family as the beneficiary of a life insurance policy or retirement account (i.e. IRA, 401k, etc.).

Benefits of Gifts at Death

Distribute your assets according to your wishes

Save on estate taxes with proper planning

Please contact us if you plan to include us in your estate and/or as a beneficiary so we may thank you for your forever gift of Christian love.

Suggested Language:

1. Bequest of cash

“I bequeath the sum of $__________ to Evangel Ministries, Inc., federal tax identification number 39-1280969, 1909 W. Second Street, Appleton WI 54914.”

2. Bequest of a percent of the estate

“I devise and bequeath ____% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to Evangel Ministries, Inc., federal tax identification number 39-1280969, 1909 W. Second Street, Appleton WI 54914.”

3. Contingent Bequest

“If my brother John Doe survives me, I devise and bequeath ______% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to John Doe. If John Doe does not survive me, then I devise and bequeath _____% of my residuary estate, whether real or personal property and wherever located to Evangel Ministries, Inc., federal tax identification number 39-1280969, 1909 W. Second Street, Appleton WI 54914.”

Legal Designation

Evangel Ministries, Inc. is a 501 (c) 3 Our legal name: Evangel Ministries, Inc.

Our physical address: 1909 W. Second Street, Appleton WI 54914

Our tax ID number: 39-1280969

Your attorney may want to use the following language: “I give, devise, and bequeath to Evangel Ministries, Inc., federal tax identification number 39-1280969, 1909 W. Second Street, Appleton WI 54914 the sum of: $________________ (or describe the real or personal property or portion of the estate) to be used for its general purposes.”

Need an attorney?  Please call the office at 800-236-9364 for a list of attorneys.

 

Related posts

Subscribe to The Family Newsletter

Thank you for your interest in joining The Family's email list.  By joining us, you will receive our quarterly newsletter, information about programming and concerts/events that we co-sponsor.

We promise not to bombard you with emails and you can opt out at any time.

For our privacy policy, click here.

Privacy by SafeUnsubscribe

Thank you for your interest in joining The Family's email list.  By joining us, you will receive our quarterly newsletter, information about programming and concerts/events that we co-sponsor.

We promise not to bombard you with emails and you can opt out at any time.

For our privacy policy, click here.

Privacy by SafeUnsubscribe