IRA Charitable Rollover Information for 2011
It's that time of year again, if you have an IRA and you are 70 1/2 or older, an IRA rollover is a great way to support Pine Rest. Check out the above link and give Bert Elliott a call 616/222/4500 or email her at bert.elliott@pinerest.org.
Pine Rest Foundation Planned Giving Newsletter - Fall 2011
There are many giving opportunities for those who wish to support Pine
Rest’s ministries. As a Christian nonprofit, Pine Rest relies upon the
generosity of churches, individuals and businesses to partner with us to help
carry out our ministry.
Here are a few of the ways you can support this ministry:
Donating securities and other assets:
Giving stocks, bonds, and mutual funds often can provide greater tax
benefits than a cash gift of equal value, especially if they have been
purchased on a low cost basis. Thus, not only will your gift be used to support
this vital ministry, you also can receive a charitable deduction for the market
value of your gift. It is also possible you will avoid capital gains tax-money
you would pay if you sold the property. Contact Bert Elliott at
616/222-4500 or
bert.elliott@pinerest.org.
Your gift of a security or other asset will help us meet the mental health
needs within our community.
Donating real estate and other capital goods:
Donating real estate or other capital goods is a great way to make a gift.
Our staff will be happy to work with you to facilitate your donation. Contact
Bert Elliott at 616/222-4500 or
bert.elliott@pinerest.org
to discuss how your gift can be used to help others.
Purchasing Charitable Gift Annuities:
A Charitable Gift Annuity is a contract you establish between yourself and
the Pine Rest Foundation. Under this contract, the Foundation pays you, the
donor, a guaranteed lifelong income in exchange for a gift to the Foundation.
From one of our donors: “I appreciated the way the process of giving through
a charitable gift annuity was handled by the Pine Rest Foundation.”
Contact Bert Elliott at 616/222-4500 or
bert.elliott@pinerest.org to
discuss how your charitable gift annuity to Pine Rest can give you income for
life.
Bequest from wills:
Bequests are the most frequently used planned gift. A bequest allows you to
make a significant contribution that may not have been possible during your
lifetime.
Commonly used bequest language may be: “I give to the Pine Rest Foundation,
the sum of $___ or ___% of my estate to be held, and administered by the Pine
Rest Foundation to support the ministry of love and healing at Pine Rest.”
Bequests are an easy way to recognize your support of the mission of Pine
Rest and extend your support in tangible ways to help us meet the needs of
those we serve.
For more information about Bequests or to let us know you have included Pine
Rest in your Last Will and Testament, please contact Bert Elliott at
616/222-4500 or
bert.elliott@pinerest.org.
Proceeds from individual trusts:
There are many types of Trusts a donor can establish to support Pine Rest,
including Charitable Remainder Trusts, Charitable Lead Trusts, and a Living
Trust.
Pine Rest will be happy to work with you and your financial advisor to
arrange the Trust that best suits your needs. Contact Bert Elliott
at 616/222-4500 or
bert.elliott@pinerest.org
for answers and assistance regarding establishing a Trust with Pine Rest.
Donating life insurance policies:
Your gift of a life insurance policy is an inexpensive way to make a
contribution to Pine Rest. Whether your policy is an existing policy with
payments to date or you wish to establish a new policy and pay premiums on the
new policy, your gift can benefit Pine Rest and those we serve when you list
the Pine Rest Foundation as owner and beneficiary of the policy. Giving a life
insurance policy is a creative and inexpensive way for you to make a
substantial contribution over time that will further the healing ministry of
Jesus Christ at Pine Rest.
Contact Bert Elliott at 616/222-4500 or
bert.elliott@pinerest.org for
answers and assistance regarding giving to Pine Rest through a life insurance
policy.
Donate through the Barnabas Foundation
To donate through the
Barnabas Foundation, use this link.
Charitable Gift Calculator
The Barnabas Foundation offers a free gift calculator for
planned giving.
NOTE: The information on this page is provided to assist in general
financial planning. Neither Pine Rest Foundation nor Pine Rest Christian Mental
Health Services are legal tax preparers nor can render tax advisory services.
Please consult your tax advisor for advice and assistance with your specific
financial plan.
