You can leave a legacy through the UM Men Foundation
By Steve Nailor
Greetings on behalf of the UM Men Foundation. As we begin 2022, I would like to update you on the status of the foundation.
Despite several twists and turns, the foundation had a good year. In 2021, our corpus earned 8.08 percent. This growth allowed us to continue our annual provision of $114,500 to the Center for Scouting Ministries and $41,000 to the Center for Men’s Ministry. In the last six years, the foundation has provided more than $933,00 to these ministries.
We all have limited recourses. We are challenged on how and where to invest our time, prayers, presence, gifts, and services. But what matters is if whether we are making a difference in the lives of others.
Your support of the foundation is essential. It is imperative that the foundation continue to provide the monetary support to make a difference in lives of others.
The newly established Heritage Society provides an opportunity for people to provide:
- Planned gifts
- Wills
- Life insurance policies
- Charitable gifts annuities
- Charitable endowments
You can start a legacy or endowment for as little as a $1,000. You may name the endowment or put it in someone else’s name. The foundation protects the corpus and only uses funds generated through its growth.
If you are 70 ½ and are required to take a Required Minimum Distribution, you can provide a gift directly to the foundation and it does not count against your income.
Go here for more information.
Steve Nailor, president
UM Men Foundation