A legacy gift is distinct from regular giving to the church and can take many forms:

• A bequest in your will
• A gift of real estate
• Naming the church as a beneficiary to your life insurance or retirement plan
• The creation of a gift annuity

Throughout the life of FUMC, our members have left these types of gifts enabling many great ministries as well as the maintenance and upkeep of our beautiful facility. 

Information About Types of Legacy Gifts:

Bequest
Make a gift after your lifetime through your will or trust. This can be a fixed dollar amount, a specific asset, or a percentage of your estate.

Retirement Account
This can be the most heavily taxed asset in many estates. Choosing this as your gift might leave your less tax-burdened assets to your loved ones.

Real Estate
Contributing property after your lifetime or when it is no longer needed can be a game-changing gift.

Charitable Trust
Trusts can combine flexible benefits including a generous income, tax benefits and a powerful gift to First United Methodist Church.

Life Insurance Policies
Paid up whole life policies can be ideal items to donate to the church.

Endowed Gifts

General Endowment
Gifts to the General Endowment fund special needs and ministries as determined by our church leaders. This type of fund is also referred to as an “unrestricted endowment.”

Designated Fund
You can designate that your gift be used for specific purposes, for example, Youth, Music, TV Ministry, Missions, etc. This type of fund is also referred to as a “restricted endowment.”

The gift descriptions are for informational purposes and not legal or tax advice. To ensure that this gift fits your particular circumstances and planning, please consult with your professional advisers.

Planning to leave a legacy gift? Please contact Karen Lumpkin at business@fumcloveland.com