With One Simple Choice, You Can Do Amazing Things
There is a simple way to make sure what you love lasts — and it’s easier than you may think. Creating a beneficiary designation gift is speedy and does not cost you anything now. Instead, it allows you to take savings you have accrued over time and put it to good use.
All it takes is a few minutes and a simple form to complete your gift. And you may even be able to change your beneficiary designation online. Completing that quick task can result in transformative change for Mount Olive and our missions and ministries when making a gift through the Mount Olive Mission Endowment Fund.
The following assets allow you to designate a beneficiary or beneficiaries:
Retirement plans
Individual retirement accounts (IRAs)
Life insurance policies
Donor advised funds
Bank or brokerage accounts
Remember, your beneficiary designations don’t have to be all or nothing. You can give a percentage of an asset to the Mount Olive Lutheran Church Mission Endowment Fund, with the rest going to loved ones or other worthy nonprofits. The legacy you leave behind can make good things happen for years into the future. The options are as endless as your generosity.
Did You Know…
If you leave your retirement plan or IRA to a person, they will lose a portion to federal
income taxes. Nonprofit organizations such as our Mission Endowment Fund won’t. We
can put the entire amount of your gift to good use.
How do you get more information?
If supporting Mount Olive Lutheran Church and our missions and ministries into the
future, our partner, Lisa Maria Higginbotham at the ELCA Foundation can help you find
a gift option that makes sense for you. Contact Lisa by email at
lisa.higginbotham@elca.org or by phone at (773) 380-2477 for no-obligation help.