Giving

 

Giving to Millbrook Baptist Church

To make a secure, online donation for payment of your pledge or regular tithe, offering or gift in support of Millbrook’s annual operating budget, or for any special gift or donation in support of any of Millbrook’s missions (local, State and global) and Millbrook’s ministries, including the Labyrinth, the Scatter Garden and the Columbarium, please click the link below.

 

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If you would prefer to donate by check, please make check payable to Millbrook Baptist Church and mail to;

Millbrook Baptist Church
1519 Millbrook Rd.
Raleigh, NC 27609

Millbrook Baptist Church thanks you for your generous donation and gift to our community of faith, and we hope this method of giving has been easy and helpful to you.  Please note that online giving donations are not refundable to the donor.  CreditCardLogos

 

 


 

An Opportunity to Include Millbrook Baptist Church
in Your Will and Estate Planning

Bequest Language

A will provides a solid foundation for all estate planning. For many, a will also provides the opportunity to proclaim a Christian faith and demonstrate to future generations the value of stewardship.

Several choices must be made when planning a testamentary charitable gift. These choices involve:

  • Amount of gift – specific or residual
  • Type of gift – direct or contingent
  • Beneficial use of gift – restricted or unrestricted

Each of these choices is outlined below with language that may be helpful to you as you determine the charitable gift you wish to make to further the mission of the church. The examples given are intended to illustrate the various types of charitable gifts you can make. You should consult an attorney to consider the application of this language to your individual circumstances as part of an overall estate plan.

Amount of Gift – Specific or Residual

Specific bequests are most common. You leave a specific amount, such as “I bequeath to (named church or mission), the amount of $10,000…” or a specific asset or perhaps a specific percentage of your estate, such as 5% to charity.

The other option is to give the residuary of your estate to charity. A residual bequest is the remaining portion of your estate after all other expenses, taxes, and bequests have been made, such as “….the rest, residue and remainder of my estate, both real and personal, I give, devise and bequeath to (named church or mission)…”

Type of Gift – Direct or Contingent

direct charitable bequest will go directly to the charitable beneficiary. It is not dependent on another event to take place.

contingent bequest is an alternate bequest. A contingent beneficiary is only entitled to the contingent bequest if one or more prior conditions are satisfied. A charitable organization may be named as the alternate or contingent beneficiary, such as “If John Doe predeceases me or disclaims any interest in (describe property), I give such property to Millbrook Baptist Church, Raleigh, North Carolina.”

Beneficiary’s Use – Restricted, Unrestricted or Endowment Fund

restricted bequest provides a sum of money for a specific or designated project or program of the Church. The form of bequest usually should be made in the broadest terms possible consistent with your interest. This guards against the possibility of the purpose of your gift becoming obsolete. For example,”…to be used for the benefit of Millbrook Baptist Church as its Board of Trustees see fit.”

An unrestricted bequest can be used wherever the need is greatest. This allows the church or charity to respond to changing needs as they arise and eliminates a possible problem when a gift is given to a program that no longer exists. For example,”…to be used for _____, or if such use, in the judgment of the Board of Trustees becomes or is unwise or impractical, then for such purpose as the Board shall determine.”

An endowment fund, sometimes referred to as a memorial fund, can be named to honor you or a loved one. This type of fund invests the gift and provides income to the charitable beneficiary you have chosen in perpetuity. A bequest made to an endowment fund will support the work of the Church far into the future. An endowment fund can permit restricted or unrestricted use of the income by your chosen beneficiary. An example of a charitable bequest to establish an endowment fund,”…to Millbrook Baptist Church, Raleigh, North Carolina, the sum of $___ to establish an endowment fund in memory of my parents to be known and designated as the John and Jane Doe Memorial Fund. The income may be used for…”

These examples are for illustrative purposes only. Millbrook Baptist Church does not render legal, tax or other professional advisory services. When considering charitable giving, the services of a tax, legal, or financial advisor should be obtained.