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| The Lovers Lane Foundation was founded
in 1980 as
a non-profit company to hold permanent investments that, over time,
will grow and produce income that can be used for charitable purposes. |
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| To help us meet our Biblical challenge to give, the Lovers Lane
Foundation has developed a planned giving program. The best way for any donor
to give depends on a number of factors: situation in life, financial goals, charitable
intentions, and the specific ways in which the Foundation can help fulfill a
donor’s
plans. |
| A variety of vehicles can be used when giving to the Foundation.
Some have tax characteristics that can make giving even more attractive. |
| Following are some of the options and the benefits of each: |
- Cash - easy to give and receive; is usually tax-deductible
- Memorials – can be established in the name of the donor,
the family or friends
- Wills – the most common estate planning tool, in which
a donor can designate to the Foundation a certain asset, a percentage of the
estate, or the residual of the estate after other gifts are made to loved ones
- Gift of appreciated securities or Real Estate – can offer significant
tax and income advantages to the donor
- Charitable gift annuities – can establish a lifetime
annuity, then later revert to the Foundation
- Charitable IRA – is valuable to those not eligible to
deduct their annual IRA contribution
- Educational or Retirement Unitrusts – can provide tax
advantages and income for education or retirement needs, then later revert to
the Foundation
- Life Income Plans – can provide lifetime income, then
later revert to the Foundation
- Estate Gifts – an important and easy way to make tax-favored
gifts
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| To give to the Lovers Lane United Methodist Church Foundation
is to help ensure that this family of faith will continue to reach out to one
another, to the community and the world for years to come. The church urges the
members to prayerfully consider ways in which they might make the Foundation
part of their stewardship. |
Lovers
Lane Foundation
