Endowment

Gloria Dei Lutheran Church

1101 North River Boulevard, Wichita, Kansas
The Church on the River by the Castle

Sunday - Holy Eucharist 8:30 and 11:00 a.m.

Wednesdays Eucharist w/Healing Prayers 5:30 p.m.

Thursday Matins: 10:00 a.m.

The Third Monday, Compline (Prayer at the close of day) 8:15 p.m.

Living Our Faith with Joy and Enthusiasm!

People like you donate their time, talents and resources because they care about Gloria Dei and the church's service to generations to come.

A Charitable Tradition

Our country's rich heritage of philanthropy and community involvement is reflected in the more than $90 billion Americans give to charitable and nonprofit organizations every year. Just as important, people like you donate their time, talents and resources because they care about worthy causes - causes like church, schools, community development, libraries, neighborhood improvement, and many more.

Although the commitment is great, you may be unaware of the many options you have when it comes to charitable gifts--options that can benefit your personal financial situation as well as Gloria Dei.

What is Planned Charitable Giving?

Planned charitable giving is defined as any gift to a charity other than a current gift of cash. This type of giving enables you to enjoy the results of your gift during your lifetime while making a significant investment in the future of Gloria Dei. What's more, you may be able to obtain an immediate tax deduction, receive an income stream for life, and enjoy estate tax savings and other financial benefits.

Charitable Giving Options

Planned charitable giving techniques can be as simple as donating an asset directly to Gloria Dei or as complex as setting up a trust with the help of an attorney and professional financial advisor. You have a wide variety of choices when planning your donation--from gifts of real estate or tangible property to appreciated stocks and securities. For example, you can donate your residence, ranch or farm, commercial property or apartment building. Some of the most common charitable giving techniques are described below:

Bequest in your will

A bequest is a deeply personal way of remembering The Gloria Dei Endowment Fund. An outright bequest is fully deductible for purposes of the federal estate tax. While reducing or even eliminating estate taxes, the bequest can establish a lasting memorial to someone you wish to honor.

Gift annuity

This type of planned gift pays you and/or other beneficiaries an income for life. These gifts can be funded with cash, stock or other types of property. The advantages include an initial tax deduction, partially nontaxable payments, and possible realized capital gains that are reported over your life expectancy. The Gloria Dei Endowment Fund, in turn, receives a substantial gift upon your death and/or that of other beneficiaries.

Charitable remainder trust

A charitable remainder trust provides regularly scheduled payments to you, a spouse or other individual for life or a term of years. As the designated beneficiary, The Gloria Dei Endowment Fund receives all of the remaining funds at the end of that period. You minimize or eliminate estate and gift taxes, and possibly avoid capital gains taxes.

Charitable lead trust

This type of gift provides The Gloria Dei Endowment Fund with a fixed stream of income for a term of years or the life of the donor or designated beneficiary. At the end of that time, the balance is either transferred back to you, the donor, or to a designated beneficiary.

Pooled income fund

This is a trust that pools contributions, typically property, from a number of donors. The Gloria Dei Endowment Fund creates and manages the fund, receives the principal, and pays life income interest to the donors or their beneficiaries. This lifetime income is a proportional share of the annual income earned by the fund, based on the fair market value of the property when it was contributed. Before dealing with more complex arrangements like wills or trusts, we recommend that you seek advice from competent legal and tax professionals.

Gift of life insurance

Gifts of life insurance provide your organization with the security of future income. Upon your death, cash proceeds are received promptly, without tax liability or administrative costs. By purchasing a life insurance policy and naming The Gloria Dei Endowment Fund as owner and beneficiary, you are able to leverage your contribution into a much larger gift. You may also simply name The Gloria Dei Endowment Fund the beneficiary of all or a portion of a life insurance policy.

Retirement plan

Today, more than ever, retirement plans are more prevalent. Because your plan may have assets in it when you die, you can name The Gloria Dei Endowment Fund as a percentage beneficiary.

Implementing this type of gift is simple and confidential. It also eliminates the potential "triple tax" on these assets at your death. Up to 73% of monies remaining in your retirement plan could go to the IRS without proper planning.

We Can Help You Plan

You don't have to be wealthy to care about and support The Gloria Dei Endowment Fund. Nor do you need a lot of money to take a planned approach to charitable giving.

Planned giving offers you:

	A sense of satisfaction, knowing you can provide meaningful support to a favorite cause.
	An investment and giving strategy that works for you and Gloria Dei.
	Cash flow you can live with, and give with.
	Tax deductions that make sense within your total financial plan.
	Answers to some tough questions about planned giving.

We will gladly work with you and your tax and accounting professionals to ensure that your charitable giving goals fit into your total financial plan. If you'd like to find out more about how the planned charitable giving techniques can help you and Gloria Dei, please contact the church office. We will respect your time and your privacy.

What planned giving can mean to The Gloria Dei Endowment Fund

	Help ensure a strong and promising future for Gloria Dei as the church continues to serve righteous human needs.
	Give much needed financial support now and in the future by participating with others who also care about Gloria Dei.
	Create a larger gift than you might otherwise be able to provide through small annual donations.
	See the start of important projects during your lifetime because of Gloria Dei's expectation of future proceeds.

What planned giving can mean to you

	Experience the joy of investing in ideas and principles that you cherish.
	Provide a living memorial to yourself, your family or someone you love.
	Significantly reduce taxes including income, estate and gift taxes.
	Become a major donor for a fraction of the actual gift.
	Provide cash flow for yourself or someone close to you, and at the same time you donate funds to The Gloria Dei Endowment Fund.
	Embrace the principle of Testamentary Tithing.

1101 North River Boulevard, Wichita, Kansas The Church on the River by the Castle