Planned Giving: The Gift That Continues

Consider a Planned Gift and Secure the Mission of Voice of the Faithful

God wants each of us to be good stewards:
after all, everything we have is really God’s.

A planned gift is a gift created by you and your professional advisor. Planned gifts often provide financial and/or tax benefits for you and your family, and guarantee the long-term financial security of one or more charitable institutions about which you care.

One of the simplest and most popular ways to support charitable institutions you care about is through a bequest in your will or a provision in your living trust:

  • Bequests, large and small, cost nothing now. But this type of planned gift may give you a great deal of satisfaction because you know that your future gift will help ensure the sustainability of VOTF.
  • A bequest can be a specific amount, a percentage of your estate, or a particular piece of property. The value is generally deductible from the estate of the donor.
  • Bequests are simple and flexible—you can change your mind at any time.

As you put your estate plans in order, we hope you will consider including a gift to VOTF. Your gift can create extraordinary opportunities and secure our mission.

Types of Planned Giving
Outright Bequests
Residual Bequests
Policy Beneficiary
Funding with Assets

If you have questions or would like more information, contact the VOTF Office office@votf.org, or call 781-559-3360.

Outright Bequests

To make an outright bequest to Voice of the Faithful, you designate in your will a specific asset or amount of money you wish to bequeath. The following language is a sample of an outright bequest:

“I give and bequeath [asset description / cash amount] to Voice of the Faithful for its general charitable purposes.”

Residual Bequests

To make a residual bequest to Voice of the Faithful, you designate in your will a percentage of the remaining value of your estate after all outright bequests have been made. The following language is a sample of a residual bequest:

“I give and bequeath [asset description / cash amount] to Voice of the Faithful for its general charitable purposes.”

Account or Policy Beneficiary

You also can make Voice of the Faithful a beneficiary of your retirement account or life insurance policy:

  • Your retirement plan account (IRA, 401k or 403b) can pass directly to a charitable organization as your primary beneficiary, or it can be transferred to a deferred giving arrangement that will pay an income for life to a family member, after which the remaining assets pass to the organization. You might even consider a deferred gift that is designed to pay a life income to you.
  • Gifts of life insurance can be made to VOTF. Donors also may purchase an insurance policy with VOTF as the owner and sole beneficiary. All premiums paid by a donor are tax-deductible.

Funding with Assets

There are many types of assets that can be used to fund a charitable or planned gift. These include cash, appreciated securities, real estate, personal property, IRAs/Retirement Plans, life insurance, and other assets. Gifts for general charitable purposes are most helpful in giving VOTF leaders the flexibility to apply the funds where they are needed most. However, it also is possible to designate your gift for a particular purpose consistent with the mission and strategic priorities of VOTF.

Contact VOTF

Please let us know what charitable plans you have made for VOTF so we may acknowledge your generosity and commitment to our mission.

Today, through the generosity of many like you, VOTF strives to model the behavior that we ask from our Church: centered in Christ, open to the gifts of all, inclusive and loving towards all, accountable to all members, and transparent in actions.