Planned Giving is a broad term that encompasses types of gifts that have to do with long-term or end-of-life gifts. The three most common gift types that our donors choose are listed below. By completing the form below (to the side, etc.) we can explore other options together.
Charitable Gift Annuity
A charitable gift annuity is the gift that keeps giving. When you transfer cash or stock to Kerus to purchase a charitable gift annuity, you will receive a fixed income for life along with a charitable deduction for a portion of the purchase and future payments are partially tax-free. Because of these benefits, it is an irrevocable agreement. Rates are based on your age and range from 4% to 9%. At your death, the remaining value is used by Kerus to accomplish our shared ministry goals.
An IRA rollover is a way to take a mandatory distribution income from your retirement account but reduce your taxable income by donating it. In brief, your IRA distribution allocation is given to ministry. For further information, contact us using the form on this page.
A bequest is a gift given upon your passing. It can be anything from a financial amount, property, a portion of life insurance, an investment, or retirement accounts. The easiest way to set up a bequest is to talk to your lawyer about updating your will and/or changing the beneficiaries on your life insurance policy or retirement account to include Kerus.