Planned Giving
MidAmerica is committed to shaping its world for Christ through service.The generous support of those who have pioneered this institution has reaped a harvest of lives changed by compassionate service.
Gift Planning
Will or Revocable Trust Every estate plan should include a will, and many are finding the revocable trust an excellent way to avoid probate. Including MNU in your will or trust is a simple way of helping future generations.
Life Insurance Beneficiary MNU can easily be added as a beneficiary on a life insurance policy. Your insurance agent or human resource department can provide you with necessary forms for new or existing policies.
Gift of Appreciated Stock or Property This is one of the best methods to minimize the donor’s tax liability. The donor is able to take the tax deduction without increasing adjusted gross income.
Life Income Gifts
Charitable Gift Annuity The charitable gift annuity provides the donor with a current charitable tax deduction and income for life. Some of the income is paid tax free to the donor. Read more
Charitable Remainder Trust These plans can eliminate capital gains taxes, eliminate management problems, possibly increase cash flow, and provide for future generations. They can be written as an annuity trust or as a unitrust.
Charitable Lead Trust These plans can provide current income for MNU while saving tax dollars. They are designed to return the principal to the donor or heirs after a certain time period. Read more
Retained Life Estate These plans create an immediate benefit but allow you to use property for the rest of your life, a term of years, or a combination of the two. Read more
Benefit of "life income gifts" Your planned gift accomplishes more than you can dream. It will not only provide a place of training for generations to come, but certain gift plans can provide benefits for you right now. These benefits include:
- Increased income
- Decreased taxes
- Elimination of management problems
- Consideration of heirs
- Knowledge that your stewardship will touch the lives of future generations
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