Foundation funds come from gifts, memorial and bequests from people of all means, both church members and non-members. You can make a gift of any size at any time. The Foundation is non-profit corporation registered in the State Ohio; in most cases, your gift is tax-deductible. The most common ways to give are:
Cash (Gift or Memorial)
You can make outright gifts of cash anytime. Or you may want to designate memorial gifts to the St. Peter’s Foundation in the name of a deceased family member or friend.
You can give a gift of any amount by naming The St. Peter’s Foundation in your will. Discuss with your attorney or financial advisor how to update your documents to do this according to your wishes.
Retirement or Savings Accounts.
You can designate The St. Peter’s Foundation as a beneficiary to receive all or a portion of a retirement or savings account upon your death. Or, you can name the Foundation as a secondary beneficiary to receive proceeds upon the death of your survivor.
You can make a gift of a new or existing life insurance policy by designating The St. Peter’s Foundation as beneficiary to receive all or a portion of the benefit.
Life Income Gift.
This type of gift allows you to give to the Foundation while providing you and your beneficiary with an income for life and tax benefits. This can be done through a pooled income fund, charitable gift annuity or charitable remainder trust. You should discuss these options with your financial advisor and attorney.
You can also make gifts of stocks, securities or property. Talk with your financial advisor and contact the church office to discuss these options.