November 2003
Page 1 - Nobody Ever Told Me by Jack Deere
Page 2 - A Tale of Three Countries by Paul Anderson
Page 3 - Stewardship Strategies For Effective Christian Giving by Orlando Logelin
Page 4 - The Not-So-Perfect Storm by Paul Anderson
Stewardship Strategies For Effective Christian Giving
by Orlando LogelinOne of the special services we provide is that of assisting your congregation in the stewardship of their God-given possessions. With over 30 years of experience in planned giving services, we can offer helpful ideas and assist you in a plan that will address your personal, family, and ministry objectives.
One popular plan for those approaching retirement is the Charitable Gift Annuity which can provide significant financial and tax benefits for you. For instance, a contribution of cash, stock or bonds to Lutheran Renewal will give you guaranteed annuity payments for life, with payments based on the size of your gift and your age. Since a portion of your annuity payment is tax-free, your income is generally significantly higher than conventional money market rates. A gift annuity also provides you with a charitable income tax deduction that you can apply toward your current income tax return. In addition, if your gift consists of appreciated property, a gift annuity may be able to reduce capital gains tax by spreading it over you life expectancy.
For the younger donors, a deferred payment gift annuity is an excellent retirement planning tool for those who do not need to receive annuity payments immediately. With a deferred payment annuity, you defer receiving payments until some future date, such as retirement, but you receive the charitable income tax deduction now. When you defer payment until some future date, your rate of return is considerable higher.
If you would like to know how you can receive higher income from low-yield highly appreciated assets, and leave more to your family and your church, contact Orlando Logelin by e-mail at: ologelin@nhlc.org You may also contact the Lutheran Renewal office and we will connect you with Orlando.
Orlando Logelin is the Director of Resources and Infrastructure at North Heights Lutheran Church.
Would you consider an extra gift to Lutheran Renewal? Our donations from individuals are down compared to the same time last year.
