Investment Services

 

The Foundation can assist in trust and endowment services by working with your financial and legal advisor to meet your financial and estate goals.

The Foundation also provides Donor Advised Fund Administration. Donors are able to reap the tax benefits of a charitable gift, while the Foundation distributes the funds to charitable beneficiaries upon advice from the donor.

The Foundation is happy to process gifts of stock or mutual funds for charitable entities, who do not have a brokerage account. The donor pays the cost of the transaction.

 

Planned Giving

  • Touch the lives of others while creating a lasting legacy
  • Find peace of mind through a wide variety of tax benefits
  • Achieve your goals for resourcing ministry and mission of the United Methodist Church

How to Give

Find out what types of assets make the best planned gifts. Learn about gifts of cash, securities and property

What to Give

Learn how to make a gift that provides tax benefits and even life income. Discover the best gift option to meet your goals.

Donor Stories

Learn how others have made an impact through their acts of giving to our organization and others. Explore the many benefits of charitable gift planning.

Donor Advised Funds

Donor Advised Funds provide the donor with a charitable income tax deduction at the time of the gift, and allows the donor to avoid capital gains tax on appreciated securities or real estate. A single transfer of assets may then be distributed to multiple qualified charitable organizations. All distributions may be made over time at donor recommendation.

Gifts of appreciated securities or real estate bypass capital gains tax and allow for a single transfer of an asset to be distributed to multiple charitable beneficiaries.

The Donor Advised Fund agreement designates successor advisors and instructions for distribution of the funds when the advisors are no longer available.

You can establish a Foundation Donor Advised Fund with gifts of cash, securities or property. You and others may make additional contributions of any size at any time. Each gift represents an unconditional, irrevocable charitable contribution and is not refundable. The Foundation conscientiously invests and administers your Fund. The money is available for distribution to qualified charitable ministries you recommend at any time.  Donor Advised Funds may not be used to satisfy legally enforceable personal pledges.

 For more information, contact the Foundation at 601-948-8845 or marylee@ms-umf.org.

What is a Donor Advised Fund?

A donor advised fund is your personal charitable savings account, named after you, and administered by us.

You direct gifts to Methodist ministries and/or other 501(c)(3) charities you love, now and over time.

Note: Gifts of IRA Rollovers cannot be used to establish Donor Advised Funds due to IRS restrictions.

The Benefits of a Donor Advised Fund Include:
  • Make a gift to your Fund at your convenience and receive an immediate charitable deduction.
  • Recommend distributions to charities later.
  • Pass on important values of service and caring for others by involving children or other family members in charitable gift recommendations.
  • Make additions to your fund at any time.
  • Receive an annual statement of all contributions, distributions, and Fund earnings.

Earnings are tax-free, so that more money may be available for your favorite charities.

A Donor Advised Fund is especially attractive when you have stock or real estate and:
  • You wish to bypass any capital gains tax that would be due if you sold it personally.
  • The value is more than you want to give any one charity.
  • You want to transfer the asset all at once and avoid having to accomplish multiple transfers of fractional shares to many different
    charities.
How To Establish a Foundation Donor Advised Fund with gifts of cash, securities or property:

You can establish a Foundation Donor Advised Fund with gifts of cash, securities or property (except IRA rollovers). You and others may make additional contributions of any size at any time. Each gift represents an unconditional, irrevocable charitable contribution and is not refundable. The Foundation conscientiously invests and administers your Fund. The money is available for distribution to charitable ministries you recommend at any time. Donor Advised Funds may not be used to satisfy legally
enforceable personal pledges.

Use donor advised funds to minimize your taxes by making charitable gifts to your fund while determining which charities will benefit later.

Contact Us

If you have any more questions about a Donor Advised Funds, please contact us. We would be happy to assist you.

Permanent Endowments

A permanent endowment provides a donor an opportunity to provide support for telling The Story of God’s love for future generations. A permanent endowment is also a legal agreement that defines how a gift will be administered in the future.

Many endowment funds are established by persons who want to provide annual income for scholarships, cemeteries, ministries, or a local church forever.

The Foundation requires gifts greater than $5,000 to create a named endowment. An endowment may be created with a smaller amount, if the donor intends to continue to make contributions or has included the endowment in a will.

The Foundation provides a Spending Plan Guideline that is specifically designed to grow the endowment fund at a rate greater than inflation over time.

 

What is an Individual Endowment?

The term endowment refers to more than the fact a gift has been made which “endows” or enables ministry. It is a legal agreement which defines how the gift will be administered in the future. The donor’s expression of love is in perpetuity.

Most endowment funds are created with wealth that individuals have accumulated, rather than from their current earnings.

How do I establish an Endowment fund ?

There are two ways to establish an endowment fund. First, you can make an immediate gift to establish your endowment fund. The Foundation would be pleased to draft a gift document for your approval. It is extremely important to define your wishes and terms of the gift in writing. You and others can always add to your endowment fund in the future.

The second method involves planning for this gift in your will. At your death after your final affairs are settled, a percentage of your estate, a specific dollar amount, or specific pieces of property are given to establish the fund. This method usually allows the donor to be more generous, since lifetime concerns and responsibilities no longer have to be considered.

You can use both methods. A donor can establish an endowment fund now with an immediate gift and add to the fund through their will.

Will inflation make my gift insignificant over time ?

The Foundation provides a Spending Plan Guideline that is specifically designed to grow the endowment fund at a rate greater than inflation over time.

Can I support more than one ministry ?

You can instruct the annual income be distributed on a percentage basis to many different entities. Examples: Your local church, colleges, children’s home, scholarships, older adult ministries, or any ministry you desire. When making these decisions, you may wish to keep in mind the amount of funds available for distribution. You want your gift to make a lasting impact, no matter where you gift goes.

Should I designate the income recipient ?

This decision is up to you. Some donors prefer to leave all or part of this decision unresolved. They prefer The Foundation’s Board of Directors decide who receives the income annually.

What should I give ?

Only you can answer this question. Your own financial situation, responsibilities, retirement security, and other giving commitments must be considered. The Foundation recommends careful consideration be given to appreciated, marketable securities and real property. Funding gifts with these assets can offer special tax advantages.

Gifts of Stock Transfers

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to our organization for UM ministry.

Benefits of gifts of stocks and bonds
  • Avoid paying capital gains tax on the sale of appreciated stock
  • Receive a charitable income tax deduction
  • Further our mission today
How to make a gift of stocks and bonds

By electronic transfer – Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to Mississippi United Methodist Foundation for your UM ministry.

By certified mail – If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.

More on gifts of stocks and bonds

There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.

Contact Us

If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.