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Charitable Gift Annuities
If you want to support Wycliffe but need the income that your assets currently provide you, consider how a charitable gift annuity can help you while it helps us. A gift annuity can actually increase your cash flow, while also offering the security and predictability of fixed payments that continue for the rest of your life (no matter how long you live). More
Charitable Remainder Trusts
Did you know that this charitable gift is also a flexible planning tool for donors?
The trust pays you its net income each year. You have flexibility in determining who will manage the trust, the duration of payments, the number of income beneficiaries, and the assets to be placed into the trust. More
Residual Interests in Real Estate
Did you know that you can give us your primary residence or vacation home and continue to occupy it rent free?
Learn the tax details and our acceptance guidelines here.
Gifts of Life Insurance
Did you know that you can transfer ownership of a life insurance policy and receive a donation receipt for the cash value and any premiums you subsequently pay?
You may be surprised to learn that a surplus, paid-up life insurance policy can be used to fund a gift to Wycliffe. If, for instance, you acquired several life insurance policies when your family was younger, with the children now grown the coverage may be more than you need. If you contact your insurance company and name Wycliffe as the owner and beneficiary of a policy, you will secure a donation receipt equal to the cash surrender value of the policy on the date of the gift. If the policy is not yet paid up, you will be entitled to an additional donation receipt for the amount of each premium payment you subsequently make either directly to the insurance company or by means of a cash gift to Wycliffe.
Alternatively, you may still have a young family, and may conclude that ongoing obligations will make it difficult for you to accumulate capital. You may want to make a significant gift to Wycliffe, but wonder how you will gather the resources to do so. If you take out a new life insurance policy as a gift, you can deliver a large benefit to us from income rather than capital. You will be entitled to donation receipts for the amounts of premium payments you make either directly to the insurance company or by means of cash gifts to Wycliffe.
A third possibility would be to simply name Wycliffe as a beneficiary of some or all of the death benefit associated with a policy that you own and that covers your life. When you do this, you can retain full control of the policy, in case your situation changes in later years. Still, if upon your death you still own the policy and if Wycliffe continues to be named as a beneficiary, a donation receipt for the amount paid to Wycliffe by the insurance company will become available for use in connection with your final income your tax return.
Email us or call us at 1-800-463-1143, ext. 291 so that we can assist you through every step of the process.
Memorial Gifts
Testify to your family's commitment to spreading the Word of God by directing memorial gifts to Wycliffe.
If your family is committed to spreading the Word of God throughout the world, you may find that the death of a loved one can be eased by directing memorial gifts to Wycliffe. You will be strengthened by the outpouring of contributions that will speed the translation of the Bible, all inspired by love and affection for your spouse or other family member.
Memorial gifts to Wycliffe will be used for the purpose designated by you and your family, or you may direct us to use them for the challenges and opportunities we are facing when the gifts are received. Each memorial gift will be promptly receipted and acknowledged by the Wycliffe staff, and wherever possible, we will advise you and your family as to all gifts made in your loved one's name.
When you are distracted by other cares, Wycliffe makes memorial gifts painless. Our regional representatives can set up our display and have our "In Memory" cards on hand, or can arrange for these services through your funeral director.
We suggest the following text for newspaper or church bulletin death notices:
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Gifts in memory of .........................may be made to:
Wycliffe Bible Translators
Donor Relations
4316 10 Street NE
Calgary AB T2E 6K3
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If you are interested in directing memorial gifts for a loved one to Wycliffe, email us or call us at 1-800-463-1143, ext. 291 so that we can assist you through every step of the process.
Interest-Free Loans
Did you know that you can give Wycliffe the use of an asset now, but reserve the right to reclaim it should you need it in the future?
Learn how this plan allows you to deliver more resources to Wycliffe than you could if you retained the asset and gave us the income. More
If you are considering an interest-free loan, email us or call us at 1-800-463-1143, ext. 291 so that we can assist you through every step of the process.
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