A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to ministry through the Nazarene Foundation.
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying gifts that will be made to your family and to charity. All you have to do is name the Foundation as the beneficiary and specify where the assets will be given: your local church, Nazarene Compassionate Ministries, mission work, a campground, or any other ministry that is important to you.
Bequests of real estate, personal property, business interests and cash are typically made by way of a will, revocable trust, or even a simple codicil to your current estate plan. Your estate planning attorney can assist you in preparing the necessary papers for you to complete the bequest.
The last step in leaving any bequest involves the transfer to ministry. When you pass away, the bequest property will be transferred to Church of the Nazarene Foundation and then given to the church or ministry you designated. The full value of the gift will be transferred tax-free, and your estate will receive an estate tax charitable deduction.
***If you have made a bequest to a Nazarene church or ministry in your will or trust, please contact us. We would love to add you to our list of Nazarene Legacy Partners.