Endowments

"By the grace God has given me, I laid a foundation as a wise builder, and someone else is building on it. But each one should build with care."

1 Corinthians 3:10



When you leave a legacy to the Endowment Fund in your trust or will, it is never depleted. Only the income from the investment of your gift is used to meet the needs of the church. Your gift becomes a permanent legacy to the many programs and services of Wylie United Methodist Church, helping to assure they are in place to serve those who follow us. Your generosity of spirit serves to enrich all who benefit from your gift for generations to come.

  • Ways of Giving

    Outright Gifts

    Outright gifts are transfers of cash, securities, or other property. Because they immediately go to work, outright gifts have a direct impact on church programs.


    Gifts of Cash

    The most common and often the simplest gift to make.


    Gifts of Appreciated Securities

    Long term appreciated securities can provide special tax advantages. These include a charitable deduction for the full fair market value of the gift and avoidance of capital gains taxes.


    Gifts of Real Estate

    Gifts of real property can receive the same tax treatment as gifts of appreciated securities.


    Gifts in Kind

    You may wish to give WUMC a personal possession of special interest. Special tax rules apply to such gifts, so it is important to discuss such a gift with your tax counsel.


    Memorial or Tribute Gifts

    Any gift may be donated in memory or honor of a friend or loved one. The family of the deceased, or person honored, will be notified of such gifts.


    Bequest by Will or Living Trust

    The most common form of deferred or planned gift is a charitable bequest. A will or living trust is a very personal matter and should be prepared with an attorney.


    Gifts with Retained Interest

    By retaining an interest in your gift to WUMC, you can continue to hold certain rights in it until it is conveyed to WUMC. When you make such a gift, you have the pleasure of knowing that plans you make today will eventually help support the church and programs that have been especially important to you.


    Life Income Gifts

    With gifts such as a charitable gift annuity or charitable remainder trust, the donor makes an irrevocable gift and receives income for either life or a specified term of years. When the specified period ends, the remaining amount goes to WUMC.


    Charitable Lead Trust

    This type of charitable trust pays WUMC a fixed amount or percentage of an asset for a term of years. Thereafter, the assets are passed on to your loved ones.


    Gifts of Life Insurance

    You may want to consider naming WUMC as beneficiary of a life insurance policy.


    Retirement Plan Gifts

    You may wish to designate WUMC as the primary or contingent beneficiary of a private pension fund (e.g. IRA, SEP, 401(k), 403(b), profit sharing plan). Simply designate WUMC as beneficiary on your “Beneficiary Designation” form.


    Gifts with Retention of a Life Estate

    You may bequeath your home to WUMC, while retaining the right to occupy, rent or otherwise use the property during your lifetime.


  • Contact Information

    Please call the church office at 972-442-5835 or contact a member of the Endowment Committee at info@wylieumc.org for additional information.