| Planned Gifts
Charitable Gift Annuities
This allows the donor to make a gift of charity and receive fixed income payments back for the remainder of the donor's lifetime. With the changes in the economy and financial markets, many donors have found the security of fixed income payments to be reassuring.
Benefits: The donor can receive lifetime income payments and gains tax savings while helping support the ministry of the Village.
Charitable Trusts
Charitable remainder trusts and annuity trusts provide income to a beneficiary or beneficiaries for the life or for a term of years. Trusts can be funded through a variety of assets, and are accepted as gifts at Brethren Village
Bequests:
Gifts through bequests can be given as a designated amount or as a percentage of the estate. A bequest can be made through a trust or a will and the donor can stipulate whether the bequest is for general support or for a specific purpose.
Life Insurance
For a life insurance policy to be tax deductible, Brethren Village must be the owner and beneficiary of the policy. Policies may be new, have premiums remaining to be paid, or be a fully paid policy that you wish to have owned for years. If premiums remain to be paid on a policy for which Brethren Village is the owner and beneficiary, the payment will be a deductible contribution. The Village could also be named as the final beneficiary of a policy. This provision will not provide any current tax advantages, but at the insured's death will qualify for a federal estate tax charitable deduction.
Benefit: The tax deductions are given for premiums paid by the donor while helping support the ministry of the Village.
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