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There are many ways that you can help us in our mission
to place God's Word in the hands of people around the
world. We'd like to encourage you to consider one or
more of the following options. If you have any
questions or need assistance with any of these programs,
please don't hesitate to
contact us. |
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Volunteer Core:
The World Bible
Society is a non-profit
Christian ministry dedicated to
placing the treasure of God's
Word into the hands of people
around the world. All current
staff raise personal support. We
welcome enquiries regarding
staff and volunteer
opportunities. |
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Planned Giving:
Gift Planning is one of the most
important ways friends of World Bible Society help
to accomplish our mission. Gift planning is simply using
estate planning methods to make a charitable gift that
maximizes the tax and estate benefits to you and your
family, and that also greatly enhances the work of World Bible Society. The Gift Planning Department,
through our sister organization, the Charitable Alliance
Group, can offer, arrange and administer gift annuities,
loan agreements, endowment funds and gifts of insurance
policies and marketable securities. The right choice of
Planned Gift depends on your particular circumstances
and goals. But the central theme is the same: making a
deliberate and careful choice about the resources you
have built up during a lifetime of work, careful
management and good stewardship.
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Charitable Trusts:
A charitable remainder trust is an arrangement under
which you deed property to World Bible Society, but
retain the use of it for life or a set number of years.
Here are a couple of options: |
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Gift of Residual Interest:
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A residual interest gift
refers to an arrangement under which
property is deeded to the World Bible
Society, but the donor retains use of the
property for life or a term of years. For
example, a donor might give a residual
interest in a principal residence and
continue living there, or a residual
interest in a painting and retain possession
of it. The donor is entitled to a tax
receipt from World Bible Society for the
present value of the residual interest.
"Present value" means that the property is
appraised by an accredited professional
appraiser, taking into account the age of
the donor. The appraised value is the amount
allowed as a tax receipt. The donor will
continue to be responsible for real estate
taxes, insurance, utilities and maintenance
after transferring the title to the
property. The terms of the gift and
responsibilities for expense are specified
in a deed of gift. |
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Outright Gift:
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This is similar to a gift of
residual interest. However, the property
that is transferred to World Bible Society is
producing income. The net income is paid to
the donor and/or other named beneficiaries.
When the trust terminates (at the death of
the beneficiary, or after a specified term
of years), the trust remainder is
distributed to World Bible Society. As
this gift is irrevocable, the donor is
entitled to a gift receipt for the value of
the gift, also taking into account the age
of the donor. A charitable remainder trust
may be funded with cash or securities. A
minimum of $50,000 is required. |
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Endowment Funds:
Like many supporters, you may want your donation to
provide ongoing financial support of the work of World Bible Society. This can happen through our
Endowment Program. Endowment funds help support specific
ministry objectives you may elect to supports such as
Jewish Scriptures for Jews, Bibles in Russian, etc. The
funds are invested and the income used on a ongoing
basis to support the designated work. Since an Endowment
Fund is established from a supporter's major gift, the
donor receives tax receipts for the gift amount, and the
income earned by World Bible Society is not taxable.
This provides you with an opportunity to be part of a
well managed stewardship plan. If you kept the funds in
your own investment portfolio, the income earned would
be taxable. This would leave less funds for you to give
to the Society - or you would have to make up the
taxable portion from other personal funds. A minimum
donation of $10,000 is required for setting up a WBS
Endowment Fund. |
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Wills and Estates:
Do you want your heirs to
receive the maximum benefit from
the distribution of your assets?
Then it's crucial to consider
the estate planning process.
Planning to transfer your assets
in a timely, orderly and
tax-efficient manner, usually
through a Will, is crucial.
A Will is much
more than a legal document: it's
a tool for providing financial
security for your loved ones,
peace of mind for yourself, and
support for causes
to which you've been committed.
Every adult should have a Will,
regardless of age, income level
or marital status. |
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Gift Annuities:
With a World Bible Society Gift Annuity, you'll receive
a fixed income for as long as you live. While you enjoy
a great rate of return and financial stability during
your lifetime, the remaining principal of the gift
annuity goes towards the ministries of the Society when
you pass on. The gift annuity is a powerful method for
maximizing the value of your resources now and in the
future. A World Bible Society Gift Annuity can be a tool
for caring for your loved ones, and helping further the
mission of World Bible Society. |
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Investment Gifts:
Gifts of capital property and securities are an
excellent way to support World Bible Society.
Through these planned gift opportunities, donors can
support our ministry more generously than might
otherwise be possible. World Bible Society is
legally allowed to receive gifts of property as a
charitable donation, for which a tax receipt can be
issued. Here are some examples of gifts of property:
residential and commercial real estate, time share
condos, coin and stamp collections, antique furniture,
art, cars, RV's, boats, airplanes, stocks, bonds, and C
D's. |
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Life Insurance:
Did you know you can insure your life and name the World
Bible Society as a beneficiary? And that's just one
approach. There are several valid ways to use life
insurance to fund a ministry. |
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Present Gift:
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An insurance policy can be
used to make a donation now instead of
waiting to make a bequest in your Will, by
purchasing a policy for donation purposes.
You can also take an existing policy that's
no longer needed and transfer it to World Bible Society as a donation. There may
even be some cash surrender value if the
policy is for "whole life" insurance. To
purchase a policy to provide a gift to World Bible Society, you name the Society as
beneficiary and owner. Once established,
that designation can't be changed. For an
existing policy that's being donated, a
receipt will be given for any cash surrender
value built up within the policy. All
premiums paid from the time of donation on a
donated or purchased policy will be eligible
for donation receipts. |
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Deferred Gift:
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You can also name World
Bible Society as your life insurance
beneficiary but retain the ownership of the
policy. This allows you to change the
beneficiary, but does not allow you to
receive any tax credits for both the
premiums paid and for any cash surrender
value. |
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Wealth Replacement:
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Parents may want to make a
major contribution to World Bible
Society but hesitate because of their desire
to see a child benefit from their estate.
One way to accomplish both ends is to have
parents make a major contribution, then
purchase a life insurance policy that
replaces that gift made. The child would be
designated as the beneficiary of the policy.
Parents often can pay for the premiums with
the tax savings produced by the charitable
gift. The only loss would be the income
being produced by the funds donated. If both
parents are living, consideration can be
given to purchasing a "second-to-die"
policy. This means that the couple purchases
a life insurance policy based on both their
lives, and the policy contributions are not
given to World Bible Society until both
have died. The premiums are lower because
they will have a longer longevity period.
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Living Trusts:
A revocable self-declaration
living trust allows you to have
control of your assets, while at
the same time providing for your
loved ones and those to whom you
want to leave a bequest. An
important highlight of a living
trust is that you can change
your mind and revoke or alter
the terms of the trust at any
time. |
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| If you have any questions or
need assistance with any of
these programs, please don't
hesitate to
contact us. The Society
through the Charitable Alliance
Foundation advises individuals
on how to use your financial
planning to help World Bible
Society. However, you are
encouraged to seek professional
counsel in making significant
financial decisions. |
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Ministry Programs - Donation Options |
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Thank You For
Your Support |
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