Planned Gifts

Leave a Legacy for Future Leaders

development planned gifts 01Planned gifts are a way for you to "pay it forward" by ensuring that Trinity benefits from your generosity now and into the future. At the same time, you also benefit.

You may make a planned gift through your estate, including your will, trust, charitable gift annuity, life insurance, retirement, stocks and bonds, and real estate. You can also make cash gifts through stocks and other securities. There are many benefits of charitable gift planning. If you have any questions about the best way for you to benefit through a planned gift, please call us.

Charitable Gift Annuity

A Charitable Gift Annuity can be made with cash or securities, i.e., stocks, bonds, mutual funds. The benefit of making a charitable contribution to Trinity Lutheran Seminary through a gift annuity is that you will receive supplemental income through annual payments for the duration of your life. You will also receive immediate tax benefits from your gift while your original contribution remains safely invested in the ELCA Foundation. There are three basic types of gift annuities: Immediate, Deferred and Flexible Deferred.

Life Insurance

Anyone can make a significant planned gift to Trinity Lutheran Seminary without committing to major payments. A life insurance policy gift is a wise choice for those who feel compelled to support Trinity’s mission but do not currently have major assets to give. There are a number of ways to make a planned gift through a life insurance policy. This could be as simple as naming Trinity as a beneficiary in an existing policy. Alternatively, you could take out a new policy in Trinity’s name and continue to pay the premiums while enjoying immediate tax benefits.

Retirement Account

For many people their retirement account is their greatest source of personal wealth. That is why many of our donors choose to make their charitable gift to Trinity through their retirement account or pension. Naming Trinity Lutheran Seminary as a beneficiary of your retirement account is as simple as filling out a separate beneficiary designation form, or directing your IRA custodian to designate the desired amount to Trinity.

Real Estate

Through a life estate arrangement, you can make a gift of a personal residence or farm while retaining the security of knowing you may live there as long as you wish. You can enjoy the satisfaction of giving as well as significant tax benefits during your lifetime. With this type of arrangement, you continue to maintain the property and pay taxes, but you also keep any income your property generates.