Planned Giving

Create a Legacy

The UMFS 1900 Society

As someone who cares about leaving the world a better place than you found it, it’s never too soon to start thinking about your legacy.

When you make a planned gift to UMFS, you join the UMFS 1900 Society. Your gift is an investment in high-risk children and their families, helping them become self-sufficient, contributing members of their communities, now and into the future. You’ll be empowering generations to come.

The UMFS 1900 Society Planned Giving Options

UMFS offers a range of approaches to create a legacy that will achieve your charitable and financial objectives.

 

Bequests by Will Charitable Gift Annuity (CGA) Gift of Life Insurance Gift of Retirement Plan (IRA, 401(k), etc.)
Your Goal Make a gift to UMFS after your lifetime, and maintain control of your assets during your life. Receive a fixed income for life after transferring cash or securities to UMFS. You receive an immediate tax deduction. If you transfer appreciated securities, your capital gains tax is reduced and spread over your lifetime. Utilize a life insurance policy to make a charitable gift, enabling you to make a larger gift than you might be able to make with other assets. Make a gift to UMFS after your lifetime, and maintain control of your assets during your life. For information about making an IRA donation during your lifetime, CLICK HERE.
How It Works Designate UMFS as the beneficiary in your will or living trust, indicating a specific amount, percentage, or a share to UMFS. In your will, please use our full legal name: United Methodist Family Services of Virginia. Transfer cash or securities to UMFS. In exchange, you or your beneficiary receive a fixed income for life. After your lifetime, UMFS benefits from the remainder of the gift. Fill out a change of ownership form with your insurance company designating UMFS as the new owner. Please use our full legal name: United Methodist Family Services of Virginia. Complete a beneficiary designation form that names UMFS as a beneficiary of your retirement plan. Please use our full legal name: United Methodist Family Services of Virginia. You can also include our EIN #54-0505969.
Benefits Estate tax charitable deduction. Use and ownership of your property and assets while you are alive. Fixed income for life. Charitable tax deduction. Partial bypass of capital gains tax if you donate appreciated securities. Reduced income taxes and estate taxes. Maintain privacy since a life insurance gift is not a matter of public record. You can donate an existing policy or purchase a new policy specifically for charitable use. Estate tax charitable deduction. Use and ownership of your property and assets while you are alive.

Please CONTACT US to join the UMFS 1900 Society, or to talk with us further about your planned giving options.

Please consult your lawyer and financial or tax adviser for complete information on your personal legal, tax, and financial implications and situation.

Learn More

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Or contact us directly at development@umfs.org, or 804.254.9450

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