giving@greenville.edu

Planned Giving

What is Planned Giving?

Gift Planning (Planned Giving) is the process of making and encouraging any gift for any amount, given for any purpose ... operations, capital expansion, or endowment ... whether for current or deferred use, which requires the assistance of a professional staff person, a qualified volunteer, or the donor's advisors to complete. It includes any gift which is carefully considered by a donor in light of estate and financial plans. ~ Robert Sharpe

• Planned Giving Opportunities
  Making large gifts of cash or assets
  
  For more information, contact Renae Patton, Director of Advancement, at dave.disch or (618) 664-6502
  
  
• Gifts-In-Kind
  
  
• Giving Real Estate
  If you own your home or other property you no longer wish to occupy or manage... and you would like to make a charitable gift, you may find that a gift of real property can be a very efficient way to use your property to meet both goals.
  
  
• Giving Securities
  Many people find that the best way to make charitable gifts is in the form of marketable securities (stocks, bonds or shares in a mutual fund) that have increased in value. It may be possible to make your usual gift at lower cost or even make a larger gift at no increased after-tax cost.
  
  Information and Account Numbers
  Irrevocable Stock or Bond Power Form
  To be printed and mailed
  
  
• Giving Through Retirement Plans
  If you enjoy making charitable gifts as many people do, how can this be possible while still maintaining personal security? Through thoughtful retirement planning you can: help assure your family's economic future, experience significant tax benefits, enjoy increased income and other advantages, and arrange your charitable "gift of a lifetime."
  
  
• Revocable Living Trust/Will
  Having a Last Will and Testament or a Revocable Living Trust enables you to care for your family, continue your stewardship interests, and control your assets beyond your lifetime naming people and organizations to receive your property.
  
  
• Giving Through Charitable Remainder Trusts
  Many personal planning dilemmas can be solved in ways that enable you to make significant charitable gifts. As time goes by, personal priorities change. After providing for life's basic needs, many people contemplate ways in which they might "give something back" by furthering causes in which they believe. But even when the desire to give takes in a high priority, gifts may need to be put "on hold" until long-term family financial requirements are satisfied. Many are concerned they will outlive their resources or not be able to provide for surviving family members. They also want to be confident that their affairs will be managed properly should they become unable to do so themselves. Read on to learn more about gift planning opportunities that can make funds available for retirement, education, the care of loved ones, and other purposes.
  
  
• Giving a Charitable Gift Annuity
  A gift annuity is unique because it combines the pleasure of making an eventual gift to Free Methodist ministries with the guarantee of a fixed income for life.
     Here is how it works. A donor transfers cash or marketable securities to the Free Methodist Foundation. The donor then receives a written annuity contact agreeing to return a specific sum of money to one or two income beneficiaries for life.
     The charitable gift annuity enables a donor to make a significant deferred gift to one or more Free Methodist causes. Further, the donor qualifies for a sizable charitable income tax deduction the year the gift is made. This deduction may be carried over for up to five additional years as necessary. A portion of the income from a charitable gift annuity is excluded from tax.
     Because The Free Methodist Foundation maintains a reserve on annuity funds, these investments are secure, ensuring future payments to the income beneficiaries.
  

Greenville College, in partnership with the Free Methodist Foundation, seeks to provide alumni and friends of Greenville College with accurate, informative planned giving resources. The preceding information is provided by FMF.

Last updated: March 14, 2002