Leave a Forever Legacy ...
In 2012 Lutherhaven’s permanent Endowment Fund will hit $1 million in assets, thanks to people like you who value our mission, commitment and accomplishments! A decade ago that was just over $157,000!
Bequests to the Endowment Fund give twice: now … and forever. 20% of estate bequestss go right now to special needs, projects and programs. One year, for instance, endowment gifts bought a new truck, built a new deck, and began a new program. The remaining 80% of estate gifts are invested in perpetuity … forever.
Each year the ministry gets to spend 4% of the Endowment Fund, leaving the rest to grow. For every million in the fund, camp gets to spend $40,000 annually, and still (in most years) the fund grows substantially!
Our goal: a $10 million Endowment, allowing us to spend $400,000 annually for specially designated projects. What a great, forever inheritance! And we’re a tenth there!
A Forever Legacy in your Lifetime!
Through the years, many individuals have used planned gifts as excellent opportunities to benefit Lutherhaven Ministries. In addition to personal satisfaction, planned gifts offer the opportunity to minimize federal and state taxes, maximizing the distribution of your assets.There are many ways to leave a forever legacy with Lutherhaven, including both outright and deferred gifts. Here are some of the most popular planned giving options. Consult with your own tax and legal advisers to fully understand the tax implications of particular gift plans. Lutherhaven also has experts available to help you through your planned giving options to benefit your camps!
Outright Gifts
- Cash
- Securities and Real Estate
Deferred Gifts
- Charitable Remainder Trusts
- Charitable Lead Trusts
- Gift Annuities
- Wills or Living Trusts
- Life Insurance
Cash
Cash is the simplest, most direct, and most popular type of charitable gift. A gift of cash is considered made on the date it is hand-delivered or post-marked and, because of the charitable tax deduction, your net cost can be much less than the actual amount of the gift. For example, If you are in the 33% tax bracket, the net cost of a $1,000 cash gift is only $670 after your after $330 tax savings.Securities and Real Estate
Gifts of appreciated property such as securities and real estate are popular alternatives to cash. These gifts generate a double tax benefit. In addition to receiving a charitable income-tax deduction for the full fair-market value of the property, you escape any potential tax on the capital-gain element in the property, if the property has been held for more than one year.Wills or Living Trusts
Each year, thousands of individuals designate a portion of their assets to organizations like Lutherhaven as a bequest in their wills or direction in their living trusts. These gifts are an important part of Lutherhaven's future because they enable individuals to make significant gifts that they may not have been able to make during life.Bequests to the Endowment Fund give twice: now … and forever. 20% of all endowment donations go right now to special needs, projects and programs. This year, for instance, endowment gifts bought a new truck, built a new deck, and began a new program. The remaining 80% of estate gifts are invested in perpetuity … forever.
Life Insurance
The role of life insurance in charitable giving is frequently overlooked. Donors may use life insurance as the direct funding medium of a gift, permitting them to make a substantial gift for a relatively modest annual outlay.For More Information About Charitable Giving to
Lutherhaven Ministries or to schedule a visit to your
home, group or congregation...
Bob Baker, Executive Director
Toll Free 1.866.729.8372 ext 11
Local.667.3459 ext 11
