What is the Ladies Ministries Endowment Fund

The Ladies Ministries Administrative Endowment was created in 2008 for the purpose of developing a funding source for the operating expense of Ladies Ministries.  We recognize the passion of many individuals to use their resources to bless the work of God during and beyond their lifetime. Only eternity will reveal the long-range results of investing in these worthy causes!

They say “you can’t have your cake and eat it too.” Really? The Stewardship Department of the United Pentecostal Church International has made it possible for your inheritance to be a blessing to worldwide ministries and be passed on to your heirs. They say “you can’t take it with you.” Perhaps not. However, it is possible for us to give gifts that will keep on giving long after we have gone to our eternal rewards. There is a means by which God’s financial blessings in your lifetime can work until He comes! Be a part of kingdom stewardship through Ladies Ministries Endowments.

Ladies Ministries Administrative Endowment

 

The Ladies Ministries Administrative Endowment was created for the purpose of developing a permanent funding source for the Ladies Ministries administrative costs. With this in place, every dollar provided from this fund will allow that same amount from the annual Mothers Memorial fundraising to go directly for ministry rather than for administration.

The ultimate goal when this endowment is totally funded would be that no monies from the annual Mothers Memorial drive will need to be used for administration. Anyone can contribute to this endowment fund during your lifetime or through a gift as a bequest in your estate plan.

 

•There Are Many Rewarding Ways to Contribute•

Here are some of the creative ways you can contribute to the endowment fund of your choice while minimizing taxes*
and fulfilling your other goals and obligations:

  • Bequests of a specific amount or percentage of your estate in your Living Trust can work very well. Have your attorney carefully specify that the gift goes to Ladies Ministries Administrative Endowment Fund or Ladies Ministries Student Support Endowment in the United Pentecostal Foundation.
  • Gifts of Appreciated Property can provide excellent benefits when contributed to the endowment. These can be gifts of appreciated real estate, collectables, or securities, such as stocks, bonds, and mutual funds. You can usually avoid capital gains taxes and receive current income tax deductions.
  • Memorial and Honor Gifts are both excellent ways to contribute cash gifts in memory or honor of someone you love. They can be funded with cash or appreciated property.
  • Gifts of Cash will be placed in the Ladies Ministries endowment fund of your choice. You will receive an acknowledgement of your gift for tax purposes.
  • Charitable Gift Annuity provides for a high fixed income return guaranteed for life(s) with special tax benefits. At the end of your life(s), the balance of the annuity goes to the Ladies Ministries endowment fund of your choice.
  • Life Insurance Gifts can be made by listing the Ladies Ministries Administrative Endowment Fund or the Ladies Ministries Student Support Endowment in the United Pentecostal Foundation as beneficiary and owner of your policy. This can be a policy you presently own or a new policy you purchase as a gift.
  • Retirement Plans may provide an excellent deferred gift to further the mission of the endowment fund you select. This is a convenient way to provide a gift and at the same time avoid income tax on the retirement plan and in some cases estate taxes at your death. This is done by naming a Ladies Ministries endowment fund in the United Pentecostal Foundation of your choice as the remainder beneficiary after your death. You benefit by preserving your retirement plan’s value, which allows you to leave heirs other assets that may have less income tax liability.
  • Charitable Remainder Trusts allow you to avoid capital gains taxes, receive an income stream for life, and make a significant contribution to the endowment of your choice. Your trust receives the assets you contribute, sells them free of capital gains taxes, provides you and/or your family with income for a period of time, and then distributes the remainder to the Ladies Ministries endowment fund you select.
  • Charitable Lead Trusts allow you to provide an income stream to the Ladies Ministries endowment fund of choice for a specific period of time, receive a charitable tax deduction for the gift, then pass the remainder to your family, while paying little or no taxes.
  • Life Estate Property Gift is a way to donate your home or farm and retain life estate or usage for your lifetime. You receive income tax deductions now and avoid capital gains taxes. At death, Ladies Ministries sells the property and puts the proceeds in the endowment fund of your choice.

* Most donations are tax deductible in accordance with IRS regulations,
but you should always consult your tax advisor for specific guidance on deduction limitations.

•Personal Endowment Fund •

Set up your own Endowment Fund in your name for Ladies Ministries.

With a gift of $25,000 or more, you can establish an endowment in your name or the name of your family in the United Pentecostal Foundation, making Ladies Ministries Administrative Endowment Fund or Ladies Ministries Student Support Endowment Fund, the annual benefactor. Contact the United Pentecostal Foundation for further information.

•How to Proceed with Your Gift•

When you are ready to give a gift to the Ladies Ministries Administrative Endowment Fund or the Ladies Ministries Student Support Endowment Fund, please contact:

Jane Schumacher, President
Wisconsin District Ladies Ministries
3015 Fence Line Road
Racine, Wisconsin
Tel: (262)886-5814
E-mail: upci@sbcglobal.net

Stephen M. Drury, President
United Pentecostal Foundation
8855 Dunn Road
Hazelwood, MO 63042
Tel: (877) 873-8850
E-mail: smdrury@upci.org