We invite you to become part of a group of dedicated supporters who are committed to leaving a legacy of support for the Cathedral of Hope in their estate plans, or making a planned gift. Our supporters ensure that Cathedral of Hope's ministries will continue well into the 21st century.
Gift Annuity NOW® is a simple arrangement that involves a charitable gift and a lifetime annuity. You make an immediate gift to Cathedral of Hope and you or you and your partner receive fixed and guaranteed annuity payments each year for life. In today's low interest rate environment, Gift Annuity NOW® allows a donor to substantially increase their current income and reduce their income taxes.
This tool helps you achieve your goals for the Cathedral of Hope while enhancing your financial plans and security. With careful planning, it is possible to reduce or eliminate income and estate taxes while turning appreciated assets into an income for yourself or others.
Through a planned gift, you may:
- Increase current income for yourself or your designated beneficiary;
- Reduce income tax liability;
- Avoid capital gains tax;
- Pass assets on to your family and pay less tax.
We recommend that you consult with your attorney or tax adviser for the various tax benefits and restrictions that may apply to your specific situation. We are available to you and your advisers to answer questions or help arrange a planned gift to Cathedral of Hope.
For more information regarding planned gifts, please contact Patricia “Patsy” Bjorling, M.Div. at 214-351-1901.