THREE YEARS AGO FEBC UNEXPECTEDLY received a check for $90,000 from a couple's estate.
We checked our records and found they had attended a banquet in the Midwest in 1995, where they gave FEBC a one-time gift of $25.00. They never gave another gift until their legacy gift in 2005... which enabled FEBC to share the gospel with 150,000 people every day for a full year!
If you'd like more information on how you can leave a lasting legacy for the Kingdom through FEBC, please contact Mary Ginty in our development department at (562) 448-1763. Your planned gift can include the transferring of stock to FEBC, establishing a Gift Annuity or Charitable Remainder Trust* (CRT), or setting up a Will/Living Trust in which FEBC is remembered.
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If you're under 70 years of age and would like to have your income keep pace with inflation, a Charitable Remainder Trust (CRT) might be for you.
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CRTs can either have a fixed return like an annuity or the income can vary with the value of the trust assets from year to year. With careful investing, these can be a wonderful source of income for many years, and provide income to your heirs.
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The income from CRTs usually keeps pace with or exceeds the rate of inflation. FEBC can be named as the beneficiary of a CRT in any amount, and we will be grateful for it.
However, due to the need for diversity in an investment portfolio as a safety factor as well as administrative costs, we can only be trustees of a CRT that's $100,000 or above.
Learn MoreTo learn more about setting up a Charitable Gift Annuity, download the PDF documents below, or contact us for more information.
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