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INVESTING
IN ADVANCEMENT
Abiding
and abounding fruit is the goal of Biblical Ministries Worldwide
(Jn.15:16; Phil.4:17). Part of our Core
Values states:
We
seek to engage in active, daily evangelism
through
establishing redemptive relationships.
These core values
spring from our strongly held Biblical convictions.
We believe that
BMW has a significant role to play in the coming decades of Biblical
missions if the Lord tarries. For us to fulfill that role we need
to continue to expand our ability to serve a growing missionary
team. In 2007 we accepted 28 new missionaries into the mission for
work in countries from Denmark in Europe to Vanuatu in the South
Pacific and into the Middle East. Continuation of this growth over
the next several years should see our missionary team swell to over
500 by 2010. This is exciting, but it brings its own challenges.
Would you like
to participate in this exciting advance into new countries through
planned giving? If so, we invite you to contact the BMW Advancement
Department to discover how you can help bring the Gospel to parts
of the earth where there is little or no opportunity for people
to hear of the Savior. There are several ways that you can participate.
Bequests offer one way to help, but some people want to see the
benefit of their contribution in their own lifetime. There are a
number of different planned giving options available to allow the
satisfaction of mission participation and preservation of your estate.
There are also giving choices that maximize tax efficient gifts
to the mission.
BEQUESTS
Some
people have left significant gifts in support of Biblical Ministries
Worldwide through their wills. A bequest may provide for a specific
dollar gift, a percentage of your estate, or specific assets to
be given to BMW. A bequest may also consist of the remaining assets
of your estate. Bequests are generally made through a will or trust
agreement. Bequests can also be made by ownership, payable on death,
or beneficiary designation. Below is an example of how such a bequest
might read:
I give, devise, and bequeath to Biblical Ministries Worldwide,
Lawrenceville, Georgia one or more of the following:
- the
sum of $ _______________
- _______%
of my estate
- the
following property _______________________________
- the
rest, residue and remainder of my estate.
The
property comprising this gift is to be used to further the
mission purposes of Biblical Ministries Worldwide.
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PLANNED
GIVING OPTIONS
There are a
number of modes of planned giving which allow you to see the benefit
to the mission and on the field, while caring for your own income
needs. There are also tax efficient methods to leave assets to your
estate and also further the work of Biblical Ministries Worldwide.
If you would like to speak with someone about the possible gift
planning tools that can accomplish these goals, please contact Dave
Rozelle at BMW.
GIVING
CHOICES
Assets
can pass to the mission outside of wills. It is possible to include
the mission in your IRA beneficiary designation forms, life insurance
beneficiary designations, annuity beneficiary designations and joint
ownership of property, to name a few.
You might like
to use your IRA designation form to make a specific bequest to BMW.
It's easy to do, does not require a will codicil, and in the case
of a taxable estate, this would help to lower estate values by making
it a charitable gift.
The gift of
appreciated property, especially stock that has appreciated in value
is another very efficient choice. The Mission gets the full value
and the donor does not have to pay capital gains on the sale of
the stock. This can also work for real estate or other tangible
assets.
TREASURE
AND YOUR TREASURES
"Do
not lay up for yourselves treasures on earth
For where your
treasure is, there your heart will be also." Matthew 6:19 -
21 - the practical implications of this familiar text in Matthew
are far-reaching.
First,
if you pass away without a will, then the state decides how your
estate is apportioned. In all likelihood the state will not make
the choices about distribution that you would willingly endorse.
- Second, even
with a will there are various residue which may not be included
in the disposition of the will, i.e. IRAs, insurance disbursements,
etc.
- Third, unless
it is specifically stated, your desire to further the cause of
world missions will not be accomplished by your estate. One very
good way to send your treasure on to heaven is to include the
work of BMW in your estate planning in some form. Please consider
including BMW in your will or as a recipient of some of your planned
giving.
If you have
questions regarding your will or would like suggestions for preparing
your estate planning documents with your professional advisor or
attorney, please contact Dave
Rozelle at drozelle@biblicalministries.org
or (770) 339-3500. Biblical Ministries Worldwide is a 501(c)(3)
organization under the Internal Revenue Service Tax Code.
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BIBLICAL
MINISTRIES WORLDWIDE
1595 Herrington Road
Lawrenceville, GA 30043
Phone: (770) 339-3500 Fax: (770) 513-1254
Email BMW
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1996-2007
Site maintained by Biblical Ministries Worldwide
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