~ PLANNED & ESTATE GIVING ~
IF YOU BELIEVE IN THE WORK STAND IS DOING, PLEASE CONSIDER PLANNED GIVING AS A WAY OF HELPING US LONGTERM.
BEQUESTS AND ESTATE PLAN GIFTS
A bequest is a gift from your estate—a transfer of cash, securities, or other property made through your estate plan.
You can make a bequest to STAND by including language in your will or living trust leaving a portion of your estate, or by designating STAND as a beneficiary of your retirement account or life insurance policy.
Some of the advantages of creating a bequest include:
· A bequest costs nothing now, yet gives you the satisfaction of knowing you have provided for STAND in the future.
· You retain control of and use of your assets during your lifetime.
· You may modify your bequest if your circumstances change.
· Gifts to STAND from your estate are exempt from federal estate taxes.
THE PROCESS OF MAKING A BEQUEST
A bequest to STAND can be made for a specific amount, for a percentage of your estate, or for all or a portion of what is left after you have made bequests to your family. To make a gift to STAND from your estate, you must sign a new will or living trust instrument, add a codicil to your present will, or make an amendment to your present trust instrument.
Alternatively, you can designate STAND as a beneficiary of a retirement plan or life insurance policy. To do so, contact your retirement plan administrator or life insurance company and complete the appropriate beneficiary designation form. You can designate a specific purpose for such a gift with a separate letter.
PLANNING YOUR BEQUEST
When planning for a bequest, you will need to consider how you would like your gift to be used to benefit STAND—whether unrestricted in purpose or restricted to a specific project or purpose, and whether you would like it to be an expendable fund (to be spent when received) or an endowed fund (to last in perpetuity).
· Unrestricted bequests allow us the flexibility to meet future needs which may not be anticipated.
· A restricted bequest directs assets to a specific fund, project, or particular purpose, such as a specific campaign. The sample language below shows how to word gifts to be restricted to specific projects or for such purposes as specific campaigns. A restricted bequest may be for an expendable or endowed fund. Because each restricted bequest is unique, STAND encourages donors considering this type of gift to speak with our attorney about the appropriate language.
· Expendable funds are used in their entirety, generally within a relatively short time frame. Some larger expendable gifts are used over longer periods.
· Endowed funds provide income every year in perpetuity to carry out the designated purpose of the fund. Note that endowed funds have minimum required amounts. Please speak our attorney if you are considering a bequest to establish an endowed fund.
CREATING A LASTING LEGACY
Endowed funds may be established by bequest for many purposes. Some possibilities include:
· Project Awakening which is a comprehensive private sector program designed to address the problems of the inner city.
· Awakening Hearts & Minds Project is a long term program to set minority citizens, especially black and Hispanic, free from the clutches of the Left’s propaganda which stokes racial division and paints America as uniquely and inherently racist and evil. AHM seeks to replace the Marxist and racial worldview with a contextual view of American history compared to the rest of the world.
· Campaign to Awaken the Church which focuses on informing Christians about the issues of that affect their freedom and First Amendment rights and why they must be involved in the public square.
· Vote the Rock, which focuses on church voter education, registration and mobilization.
· Ministers Taking a STAND which focuses on activating pastors and ministers to take a stand for our Judeo-Christian heritage and values.
· Youth Taking a STAND which focuses on activating young people and delivering them from the Marxist propaganda promoted in schools, colleges and the media.
· STAND With Law Enforcement which focuses on correcting perception of law enforcement as racist and brutal. SWLE seeks to create strong support for and relationships with police officers as servants who risk their lives daily to protect law abiding citizens.
A fund created by your bequest can carry your name or the name of a family member or another person you wish to honor. Named funds, because of the support they offer to programs and people are a way to give emphasis to the principles which you matter to you and preserve your legacy well into the future. Note that minimum gift amounts required for creating named, endowed funds vary, so please contact us for further information.
If you have included STAND in your estate plans, please let us know. We would like to thank you for your generosity and make sure the purpose of your gift is understood by the foundation.
Our office is happy to help you explore options for designating a bequest to STAND. Please contact us at 757-375-6444. Our President and Founder, Bishop E.W. Jackson, will be happy to speak with you personally.
While our staff and attorneys are happy to talk to you about planned and estate giving, you should of course consult your own attorney or tax advisor.
LEGAL NAME OF STAND
The official name of STAND as registered with the Internal Revenue Service is: Staying True to America’s National Destiny Foundation, Inc.