A Legacy Giving Program
A legacy gift to New Life Family Services is a thoughtful way to ensure that the important work of the ministry continues well into the future, while establishing the legacy of your generosity and influence. Your legacy gift is a partnership in our mission and vision:
Mission: To honor the sanctity of human life by assisting clients in life-affirming decisions with the love and compassion of Christ.
Vision: Our vision is to one day reach all abortion-minded and abortion-vulnerable individuals throughout Minnesota with comprehensive pregnancy-related services and the message of the Gospel of Jesus Christ.
Legacy Giving Options
New Life Family Services is pleased to provide you with information about Legacy Giving opportunities. We invite you to contact us with questions and welcome the opportunity to discuss these options further with you and your attorney, accountant, or financial adviser.
WILL OR TRUST
One of the most popular legacy gifts is designating New Life as a beneficiary of your estate plan through your will or revocable trust. You can designate a specific dollar amount or percentage of your estate to be transferred to New Life after your death.
RETIREMENT PLAN OR IRA
Naming New Life as a beneficiary of a retirement plan (401(k), 403(b) plans) or IRA can provide you with considerable estate tax savings and allow you to transfer other income tax free assets to family.
Consider naming New Life Family Services as the beneficiary of your life insurance policy.
DONOR ADVISED FUND
Not only can you recommend gifts to New Life from your donor advised fund during your lifetime, you can designate New Life as the beneficiary of the balance of your fund at death.
You can use a charitable trust to donate to New Life and also benefit your family. Charitable trusts may be appropriate for larger gifts of appreciated assets or in connection with your family’s estate tax planning.
Contact us for sample language, should you choose to include New Life in your estate plan or as a beneficiary of a retirement account, life insurance policy, or your donor advised fund.
GIFTS OF STOCK & MUTUAL FUNDS
Did you know that appreciated stocks, mutual funds, and bonds in a taxable investment portfolio can be transferred as a gift to support New Life Family Services? Giving stocks directly to New Life provides a significant opportunity to avoid capital gains taxes, receive a deduction at the full market value of the securities, and ultimately maximize your charitable impact. The key concept to remember is to donate your stock or mutual funds BEFORE the sale. By doing this, you will ultimately reduce or completely eliminate capital gains taxes, which are the taxes on profits from the sale of an asset held for more than a year. This process typically involves coordinating with your financial advisor. For more information on giving stock to New Life, please contact Tammy Kocher, Executive Director, at firstname.lastname@example.org or (612) 746-5664
Pay less tax: By gifting appreciated stock/mutual fund shares, you can minimize or eliminate your capital gain tax exposure on gifted shares.
Give more to charity: Additionally, any capital gain tax savings can be used to increase your charitable gift to New Life, thereby increasing your income tax deduction and cash flow.
If you are interested in learning more about Legacy for Life, or if you have already included New Life in your estate plan, we would love to hear from you.
1515 E 66th Street, Richfield, MN 55423
All inquiries are treated in complete confidence and do not imply any obligation to make a gift.