What If You Could:
- Give to charity,
- Have more money for retirement,
- And have more for your heirs
Would you be interested?
What Is It?
The Legacy for Life Endowment Fund is established to support PCC’s mission by providing long term growth and stability of the ministries finances. It is a financial cornerstone to fuel progress in helping women facing unintended pregnancies through the love of Christ and to save their unborn children.
A percentage of the fund’s interest is distributed to PCC’s current operation, while the principle and any additional interest are reinvested. This allows the endowment to provide both immediate funding and long term financial stability to our mission.
Donors typically support the Endowment Fund through outright and planned gifts. The opportunities include:
- Bequest Commitments
- Life Insurance
- Marketable Securities
- Real Estate
- Charitable Trusts or Annuities
Example of a WIN WIN Strategy: Each year you attend the annual Pregnancy Center Banquet and make the pledge to fund 1 hour of service at PCC (which cost $330.00), but you want to continue giving $330 each year after your death. You bequest in your will or trust $6,600 to PCC! When your gift is invested at 5% interest, the endowment will generate $330 each year for PCC to continue its mission!
How It Works
Example of a WIN WIN WIN Strategy: You have a rental property that generates income in your retirement, but you may find the burden of ownership more than you want to handle. Plus, a sale will result in a large capital gain because depreciation deductions over the years have reduced your cost basis to near zero.
The charitable remainder trust is an excellent solution. You transfer the property to the trust. You claim an immediate income tax deduction. No capital gain tax is due upon transfer. Pregnancy Care Clinic handles the property sale for you. Perhaps best of all, you still have an income stream because the trust makes payments to you, every quarter for the rest of your life. At the death of the donor or other beneficiaries, the balance in the trust (the “remainder”) is given to the Legacy for Life Endowment as your gift.
Donors who decide to contribute to the Legacy For Life Endowment understand the importance of supporting our pro-life cause, not only during their lifetime, but for generations to come.
How To Give
- Designate that you want your donation to go to “Legacy For Life”
- Include us in your will
Planned giving strategies beyond a will involves your tax preparer, financial advisor and an attorney. Your plans should reflect your wishes, and good communication with your team of advisors will develop a strategy that accomplishes your goals. They key is insisting on your money going where you want it, and as little as possible where you do not! If you do not have an advisor, we can arrange for you to speak with our team.
For more details, contact Josh McClure or call (619)442-4357.
