Planned Giving
Leave a legacy of generosity for years to come.
We can help you do that! Below are some basic ideas about how to partner with your Union Gospel Mission of Salem to see every man, woman, and child in our city be productive citizens who enjoy lasting success in Christ.
Legal Name: Union Gospel Mission of Salem | Tax ID Number: 35-0942622
Two of the most popular planned giving vehicles are bequests and charitable gift annuities.
Here’s a short summary as to how both of these planned giving options could benefit you as a donor:
BEQUEST
Your goal: Defer a personal gift until after your passing
Action: Put a bequest in your will. In other words, donate to the Mission either in cash, specific property, or with a share of the residue of your estate
Benefit to you: Your donation is fully tax-exempt from federal estate tax
CHARITABLE GIFT ANNUITY
Your goal: Receive guaranteed fixed income that is partially tax-free
Action: Create a charitable gift annuity
Benefit to you: Current and future savings on income taxes, plus fixed, stable payments
OTHER PLANNED GIVING OPTIONS
• Gifts of retirement assets • Charitable lead trusts • Deferred charitable gift annuities • Charitable remainder trusts • Gifts of life insurance • Gifts of real estate • Bargain sale • Donor Advised Funds
We’d be honored for an opportunity to talk with you and to work with your professional advisors as you contemplate planned giving options.
If you’d like to make a planned gift to the ministries of your Union Gospel Mission of Salem, or you would like more information about planned giving, please contact:
Mark Hunter, Director of Community Engagement
mhunter@ugmsalem.org
