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To the Unity Church of Truth Spokane
Foundation which has been created to…
"provide a channel for church members
or others to express their spiritual nature of love and
generosity through gifts of an enduring nature for
support of the Unity ministry."
As giving is an expression of our
spiritual nature. Giving activates spiritual laws, which
state that giving and receiving are one. Through giving
we affirm that our source is unseen and transcends the
worldly realm. It places our faith in God and the
infinite source. God is blessing our lives in wondrous
ways.
In addition, a gift of love to a
spiritual endeavor such as the Unity Foundation furthers
God’s work upon this planet. In this way the gift is a
blessing a person extends to the community and endures
for years.
The Foundation was organized in 1985
as a separate Washington State nonprofit foundation to
benefit the Unity Church of Truth of Spokane. The
Foundation was established to provide members and
supporters of the Church with alternatives that are
everlasting and tax deductible. The purpose of the
Foundation is to support the mission and programs of the
Church by distributing interest, dividends,
and appreciation on the investments of the foundation.
How the
Foundation Works:
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The Unity Church of Truth Spokane
Foundation is an entity managed by
Foundation Directors. There are five (5)
Directors that make up the Foundation
Board. The Church Board of Trustees
appoints directors from the active
membership of the Church. One member of
the Church Board of Trustees also serves
as a Director of the Foundation.
The Foundation Directors have the
responsibility of receiving gifts of all
kinds and investing all gifts in a
financially responsible manner. The
Foundation Directors are responsible for
creating awareness and educating the
membership about the various methods of
planned giving.
The Foundation board annually disperses
dividends, interest and/or appreciation
earned on the investments of Foundation
assets to the church. Foundation assets
represent the gifts made to the
Foundation and are the principal assets.
The principal assets are always retained
in the Foundation to be continuously
invested, therefore, making your gifts
everlasting.
Types of Giving
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GIFTS OF APPRECIATED
ASSETS
When you sell stocks,
bonds, other securities, or real estate
for more than you paid for them,
generally speaking taxes are due on the
appreciation. The donor may qualify for
a charitable gift
income tax deduction.
CHARITABLE REMAINDER
TRUST
Assets may be placed
into a trust that will pay a lifetime
income to you, or to you and another
person. You may reduce estate taxes and
probate costs, and qualify for a
charitable income tax deduction based on
the fair market value of the assets and
the age(s) of the donor(s). At the end
of one or both lifetimes the trust
assets are then paid to the Foundation.
CHARITABLE LEAD TRUST
If you have assets
from which you do not currently need the
income and want to reduce your estate
taxes, you can place them into a
Charitable Lead Trust. The trust income
goes to the Foundation at a prescribed
rate of interest for a fixed number of
years. At the end of this period the
assets pass to children, grandchildren
or other designated non-charitable
beneficiary(ies). A charitable lead
trust could be free of most gift or
state taxes.
BEQUESTS
Remember Unity Church
Foundation in your will.
MONETARY GIFTS
Cash, checks or
automatic bank drafts are accepted
anytime.
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For information
on making a contribution through any
of the following:
Wills/Bequest
Charitable Trusts
Gifts of Appreciated
Assets
Gifts of Life Insurance
Giving a Home
Automatic Monthly Contributions
contact the
church at
Terri@unityspokane.org ,
please state your questions in the
email and someone from the
foundation board will get in touch
with you as soon as possible. |
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