The reasons that donors make charitable bequests are generally as varied as the donors themselves, but one common denominator is a sincere desire to give back to your church, the community, or to a particular ministry.
One key advantage of using KMF to care for your bequest is we can receive and distribute the funds, in the percentages you determine, to your church, Methodist organizations and ministries, and other 501(c)(3) non-profit organizations, per your donor agreement. The beneficiaries of your fund can be updated, free of charge, at any time without going back to your attorney. Through KMF, you can establish a fund for a designated amount of time or into perpetuity.
Other advantages include:
• Work with your attorney
to name the Kansas Methodist Foundation to receive a portion of your estate. Some families will leave a tithe, 10%, of their estate to support causes that are important to them. Other families will view their charitable giving as a "child" and distribute their estate equally among their children and charitable giving. Make sure the KMF staff are aware that it is listed in your estate plan and provide direction on which church or ministries your gift should support.
• Name the Kansas Methodist Foundation as a beneficiary of your IRA or life insurance policy
. Contact KMF
to provide direction on which church or ministries your gift should support.
• Work with John Griffin
, an estate planning attorney, to design your estate. John Griffin helps families design a plan that takes care of their family and gives charitably to the causes that are important to them. This is a complementary service of KMF. If you are interested in meeting with John Griffin, please contact us.