Planned Giving
 
Planned Giving is an opportunity to give into the future of DBS

Disciples Benevolent Services has several planned giving instruments that will allow you to make gifts into the future of our ministry. By making a planned gift, you may be entitled to a charitable deduction and some future tax free income.
 
Charitable Gift Annuity
A charitable gift annuity is an irrevocable deferred gift in which a donor gives cash or an appreciated asset, such as stock, real estate, to DBS in exchange for life income payments to one or two beneficiaries.  Payment rates are based on the age of the annuitant(s). The donor(s) receives a charitable gift deduction at the time the annuity is funded, and a portion of the payments received by the annuitant(s) is tax free.  DBS follows the suggested payout rates recommended by the American Council on Gift Annuities.
Charitable Remainder Trusts
Charitable remainder trusts are irrevocable deferred gifts that make variable or fixed income payments to income beneficiaries.  The grantor receives a charitable gift deduction for establishing the trust and some of the income received by the income beneficiaries may be tax free.  Trust payout rates are determined by the grantor in conjunction with the DBS, but can be no less than 5%.
Revocable Trust Agreements
Revocable trusts are fully revocable non-qualified living trusts which may pay a stream of income to one or two income beneficiaries.  The donor at any time may revoke the trust in whole or in part due to an adverse change in financial circumstance.  Since these trusts are revocable, there is no charitable deduction given.
Donor Advised Funds
A donor advised fund is established with a irrevocable gift to Disciples Benevolent Services whereby the donor reserves the right to advise the DBS of gifts they would like to make from the fund to qualified tax exempt charities.  The donor advised fund may be named and additional contributions can be made to it as long as the fund is active.  Since the donor is only retaining the right to advise the DBS of distributions from the fund, any person contributing to the fund is entitled to a charitable deduction.
Pooled Income Funds
A pooled trust fund is a deferred gift arrangement which pays a pro rata share of whatever income is earned on the corpus of the trust to one or two life income beneficiaries.  As the name of the gift indicates, similar gifts are “pooled” together in order to achieve greater income.  Contributors to pooled income funds are entitled to a charitable deduction.
Bequests / Wills

There are several ways to leave a bequest to DBS:

  • Specific Bequest – the gift of a specific amount of cash or property to the DBS.
  • Residuary Bequest – remainder portion of your estate to the DBS after you have provided for others.
  • Contingent Bequest – a gift to the DBS in the event your primary beneficiary(ies) do not survive you.

The DBS is honored when people leave bequests to support the future ministries of our organization.  It is in part because of this type of giving that the Disciples Benevolent Services has been able to provide services to people in need for over 120 years.

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