LEAVING A LEGACY

We sincerely appreciate your interest in learning how to support Methodist Federation for Social Action’s mission through your estate plans.

BASIC OPTIONS

1. Include a Gift in your Will or Trust (see below for sample wording)

  • You define the gift as a certain dollar amount or as a percentage of your estate.

    Advantage: Gifts in a will or trust may be changed at any time.

2. Make a Gift from your 401(k), 403 (b), IRA, Roth IRA, or other Retirement Plan

  • You name MFSA as the primary or secondary beneficiary of the plan.

  • You designate what percentage of the plan is for MFSA.

  • This estate gift may be created without an attorney.

    Advantage: A person receiving this money would ultimately pay income taxes on it, but Methodist Federation for Social Action would not as the receiving non-profit.

3. Create a Charitable Gift Annuity

  • Receive income payments for life after making a gift to MFSA.

  • Payments may begin immediately or at a future date.

  • Income payments are based on the age(s) of the Income recipient(s).

  • Minimum amount for annuity: $5,000

4. Make a gift through your life insurance

ADVANCED OPTIONS

(These options require discussion with a legal or tax advisor)

1. Charitable remainder trust (Including FLIP trusts for real estate)

2. Gift of closely held stock, partnerships, or business interests

SAMPLE WORDING FOR WILL OR TRUST

I give to Methodist Federation for Social Action, federal tax ID number 52-2150061, (the sum of $______ or ______ percent of my estate/trust) for the benefit of general purposes (or specify endowment, special uses, or restrictions). This gift shall be administered according to instructions that may be on record with MFSA.

INSTRUCTIONS ON HOW TO USE YOUR GIFT or FOR ADDITIONAL INFORMATION

Questions? Need more information? Contact us at mfsa@mfsaweb.org.

MFSA is a 501(c) 3 organization and all contributions are tax-deductible as provided by law.