Estate and Planned Giving

There are several simple ways to make a bequest to the ministries of Missouri Baptist Children’s Home through your will:

You can…

1. Leave a specific dollar amount to be given to MBCH after your death
2. Specify a percentage of your estate to come to MBCH
3. Indicate that the residue of the assets comes to the MBCH Foundation after all other bequests have been honored

In addition to the benefits of providing for the ministries of Missouri Baptist Children’s Home, gifts through a simple will benefit you by reducing the size of your estate for federal estate tax purposes. Although gifts during your lifetime are deductible only up to a certain percentage of your adjusted gross income, gifts by will are deductible without limitation. Second, you will have the joy of knowing that your concern for children will continue to be addressed through your gift long after your death.

To find out more about how you can help children in your will, please call 1-800-264-6224 or e-mail development@mbch.org.

While most charitable gifts are made in the form of cash, gifts of non-cash property may offer important tax advantages to the donor. When mutual funds, stocks, bonds, real estate, or other appreciated assets are sold, tax is due on any capital gain. However, one of the only ways to avoid or delay capital gains tax is to make a gift of the property to a charitable cause. When you give appreciate property that has been held for more than 12 months, you may take a deduction based on the current value of the property that would be subject to the highest tax rate if sold.

To find out more about how you can help children with your property, please call 1-800-264-6224 or e-mail development@mbch.org.

A charitable gift annuity is a legal agreement between you and a qualified charitable cause. A gift annuity can be funded with a gift of cash or property. You (or others, if you desire) receive, under contract, a guaranteed fixed lifetime income. The amount of the size payments is based on the age(s) of the recipient(s) at the time the gift is made, the size of the gift, and whether one or two lives are involved in the annuity.

A tax deduction is allowed for a portion of the cash or property used to fund the annuity. Also, only a portion of the annuity payments will be income tax-free for the life expectancy of the donor(s).

This is a wonderful way to make a meaningful gift while enjoying income and generous tax benefits.

To find out more about how you can help children with your gift, please call 1-800-264-6224 or e-mail development@mbch.org.

With this tool, the donor creates and transfers property (cash and/or other assets) into an irrevocable trust. The donor (and/or designee) receives income for the life or for a specific period of time up to 20 years. At the end of the trust period, the income-generating principal remaining in the trust becomes the property of the charity.

These trusts offer both income and generous tax benefits. The donor can elect to receive a fixed dollar amount (Annuity Trust) or a percentage of the value of the assets (Unitrust).

To find out more about how you can help children with your remainder trusts, please call 1-800-264-6224 or e-mail development@mbch.org.

Often called “the gift that comes back,” this type of trust operates on the same principle as the Charitable Remainder Trust, but the charity receives the income produced by the trust. The trust can be created to provide income for the charitable cause for a specific period of time such as 5, 10, 15, 20 years, or more. At the end of the trust period, the assets used to fund the gift are returned to you or your loved ones. Through this trust, it is possible to transfer assets to heirs with little or no estate or gift taxes due. Because you made a definite gift commitment when the trust was created, you are entitled to a deduction for the value of the payments to the charity in the year the plan was created.

To find out more about how you can help children with your lead trust, please call 1-800-264-6224 or e-mail development@mbch.org.

Under a life estate agreement, the donor may transfer the title to a residence or farm to a charitable cause while retaining the right to continue living there and using the property for life. The donor is entitled to any income the property produces and is responsible for the maintenance and upkeep of the property. A tax deduction is available in the year of the gift equal to the value of the remainder interest. At death, the charitable cause receives the property to use as needed or as directed by the donor.

To find out more about how you can help children with your estate, please call 1-800-264-6224 or e-mail development@mbch.org.