Opportunities for Giving

Wouldn't you like to join in this Legacy......

HOW?
The American Baptist Foundation is a center through which you may make a gift to the Baptist Student Foundation. The American Baptist Foundation was established in 1989 and serves the constituents/alumni of the Baptist Student Foundation who wish to remember its housing and campus ministries in their charitable estate plans.

Trained Foundation representatives work with the Baptist Student Foundation and its constituents/alumni in planning charitable gifts through wills and other planned gifts.

You may use this free, confidential service to design the best stewardship plan for you, your loved ones and the housing and campus ministries of the Baptist Student Foundation.

WHAT?
The following is just a general list of assets that can be used for a planned gift:

• Cash
• Appreciated Securities: public or private stock, bonds, mutual funds
• Life Insurance and annuities
• Real Estate: residential, vacation, commercial or farm
• Retirement Plan: IRA, Keogh, 401(k), 403(b)
• Family Business Interests

WHEN?

A Gift Now.....
Outright gifts are simple to make, immediately effective and easily earmarked for the housing and campus ministry's present needs. These gifts are often in cash. However, as you plan you may discover that using appreciated stock, real estate or other assets would offer more current income tax advantages.

A Gift Now, But....
Continue to receive income and tax benefits for yourself and those you care for.

One way to make this type of gift is through a Life Income Agreement or Other Gift Options. Your gift passes to the Baptist Student Foundation after you and others named as beneficiaries are gone.

LIFE INCOME AGREEMENT OPTIONS:

You receive guaranteed fixed income for life.
In exchange for your gift of $1,000 or more, the Foundation will pay a specified annuity to you and, if you wish, another person for life. Payout rates are based on age(s) at the time a gift is made. Part of the gift qualifies for an income tax deduction in the year it is made and, in most cases; a portion of each payment will be tax free.

Charitable Remainder Unitrust
You name who will receive income for life. Income is based on the trust's value each year.

A minimum gift of $40,000 establishes this charitable trust, the income from which is paid to you and/or other beneficiaries for life or a term of years. You choose a payout rate of at least 5%. Income will fluctuate annually with the fair market value of the trust. Because a unitrust is irrevocable (it cannot be changed) its tax benefits are especially good.

Charitable Remainder Annuity Trust
You name who will receive income for life. Income is based on the trust's initial value.

A minimum gift of $40,000 establishes this charitable trust. You choose a payout rate of at least 5% which fixes predictable income payments to you and/or other beneficiaries for life or a term of years. Annuity trusts are also irrevocable making their tax benefits very appealing.

Pooled Income Fund
You enjoy tax savings and sound investment experience.

For a gift of $1,000 with additions of $1,000 or more, you can share in a trust similar to a mutual fund. All gifts are invested in a common pool, under sound professional management. You share in the success of the entire fund receiving a portion of the yearly earnings based on the amount of your gift. Your Federal income tax benefit in the year the gift is made is based on the projected future value of the Baptist Student Foundation's share.

Revocable Trust
You retain access to your funds for possible future needs.

A revocable trust may be established with a minimum gift of $40,000. You may add to it later or withdraw all or part of the funds, if needed. The trust provides variable income for your life. It becomes irrevocable at your death excluding it from your probate estate, possibly saving costs.

OTHER GIFT OPTIONS:

Donor Advisory Fund
You get to take an immediate tax deduction but can delay suggesting the charitable beneficiary to later.

A minimum gift of $40,000 is needed to participate in this fund and 50% must eventually go to the Baptist Student Foundation. This gift plan is especially good for individuals who make substantial gifts to charity and have a number of charitable interests.

Charitable Lead Trust
You gift assets to generate income payable to the Baptist Student Foundation for a term of years.

At the end of the set time the trust property reverts back to you or your heirs. Income tax and charitable deductions vary but may include reduction or elimination of the Federal Gift and Estate tax as well as the Generation-Skipping Tax.

Endowment Fund
You establish an endowment that continually supports the Baptist Student Foundation.

A minimum gift of $10,000 can be placed in the American Baptist Foundation Endowment Fund with income designated for the Baptist Student Foundation. You can name the endowment in honor of someone as a memorial. All gifts are managed and invested in a socially responsible manner.

A Gift Later....
Gifts made through wills are the most familiar and one of the simplest ways to give. Bequests can be made for a:

• Fixed dollar amount
• Percentage of your estate
• Or, by establishing a Life Income Agreement to benefit a loved one.

• Life Insurance Policy
• Bank Account
• Other Investment Assets

WHERE?

To schedule a meeting to discuss these options with you, please contact the Baptist Student Foundation Executive Director at (217) 344-0484

WHO?

Benefits from your gift is up to you.

You will want good legal counsel to help you sort through all the financial and tax consequences of a planned gift. But deciding on supporting the Baptist Student Foundation and other charitable organizations is something only you can decide.