Your support for Ukraine Partnership Foundation is a sure sign that you are invested in seeing God’s Kingdom expand in Ukraine and Eastern Europe.
Every day, hundreds of students and graduates of Ukrainian Baptist Theological Seminary and the staff and volunteers of WeCare Centers are living out the Gospel in their families, churches, and communities through prayer, witness, and service. Your prayers and gifts make this Kingdom work possible!
By planning ahead, you can continue to make an impact with a legacy gift that can be used where it’s most needed. Or you can specify a purpose for your gift, such as to endow a named scholarship for one or more students, or to endow a named faculty chair or a specific ministry in Ukraine.
With your bequest intention to UPF, you become a member of the Partners in Hope giving society – joining a special group of donors who have thoughtfully planned to continue their support for a mission close to their hearts.
For questions or to discuss a legacy intention, please send a message to legacy@upfmissions.org and someone will promptly contact you to arrange a call.
Deferred Gifts – assets you can bequeath
Many of the assets you own can be bequeathed to a charity like UPF simply by designating it as a beneficiary. While most of these assets may be taxable if passed to your heirs – they are not taxed if the beneficiary is a charitable organization. This means that 100% of the value of any asset you bequeath to UPF will be used by UPF to support the work of God in Ukraine.
If you have a will, you can direct that a specific dollar amount or a percentage of your estate is bequeathed to UPF. You also can name UPF as a beneficiary of several kinds of assets, even without a will.
Life Insurance Policies
Perhaps you purchased life insurance to provide financial security for your family, but they will no longer need those proceeds. You can designate UPF as the beneficiary.
Insurance Annuities
If you purchased an insurance annuity to provide income in retirement, the balance remaining at the end of your lifetime will be passed to your beneficiary – which could be UPF.
Qualified Retirement Plans
The balance remaining in your IRA, 401(k), or other qualified retirement plan at the end of your lifetime can be a meaningful charitable gift to UPF.
Cash Accounts
The balances of many common financial accounts – checking, savings, money market, certificates of deposit and U.S. savings bonds – can be made payable on death (POD) accounts that will pass directly to UPF.
Securities
If you own stocks, bonds or mutual funds, these can be made transfer on death (TOD) accounts that will pass directly to UPF.
Real Estate
Sometimes, your most valuable asset is the real estate you own. You can pass on ownership of real estate through your Will or Trust.
As you consider a legacy gift, you certainly want the peace of mind that comes from knowing you have provided for your family. You can do this by naming family members as the primary beneficiaries of a particular asset and UPF as the secondary or contingent beneficiary. UPF will receive the gift only if your primary beneficiaries predecease you. And of course, any beneficiary designation can be modified at any time if your circumstances change.
If you decide to name UPF as a beneficiary, please remember to notify us of your intention. Even if you prefer no public acknowledgement, we will certainly want to privately thank you for your generosity and thoughtfulness.
The information presented here is not intended as legal or tax advice. For legal or tax advice, please consult an attorney or financial planner.
