Memorial gifts: Creating a legacy - Oklahoma United Methodist Foundation insights
There are many ways to make a gift in remembrance of someone special that will have meaningful significance for years to come for your local United Methodist church or favorite United Methodist cause. Here are a few options to consider:
A memorial gift of cash or property
A gift of cash is one of the simplest ways to remember your loved one or a friend. This gift can be made to your church’s permanent endowment fund, to a memorial fund, or to a specific ministry dear to your loved one. When you make your gift, please designate the person you wish to remember.
If you are making a memorial gift of appreciated stock or real estate, your tax deduction may depend on the type of property gifted. Call the Oklahoma United Methodist Foundation for more information on giving appreciated stock or real estate, or visit the planned giving section of our website at www.okumf.org.
Make a deductible gift and receive life income
You may wish to make a memorial gift while providing current life income for yourself. With a memorial gift annuity, you make a gift of your cash or appreciated property in honor of someone and we will pay you fixed income for life (with rates based on your age). You receive a charitable deduction for the value of your gift. After your lifetime, the gift annuity will be used for mission and ministry by funding an endowment for your United Methodist church or favorite ministry. You will create a legacy for your loved one.
Make a bequest
You may consider making a memorial gift in the future. By directing a gift be made in memory of your loved one in your will or trust, you can continue their legacy.
Any of these methods are ways in which you can remember your loved one and create a lasting memory. Contact the Foundation at 800-259-6863 or visit www.okumf.org for more information on memorial giving.