Planned Giving

Discover the Benefits of Giving Wisely

Planned gifts provide the resources that create extraordinary opportunities and preserve the future of Sequoia Ministries. More and more people are being purposeful and intentional about how they want their hard-earned money to be distributed for specific purposes through their wills, trusts and estate plans. Whether you are a resident of the United States or another country, when considering the income tax benefits of giving, we recommend that you consider consulting with an appropriate income tax adviser.

Sequoia Ministries offers you the opportunity to plant the seed of a legacy that gives beyond your own lifetime, models charitable giving to your heirs, may offer unique tax benefits, does not limit your current cash flow, and allows you to keep control of your assets.

This can be accomplished by simply designating Sequoia Ministries International as a beneficiary or as a bequeathed on your will, trust, life insurance policy, annuity, IRA, or other investment holding.

Not only is this a powerful way to leave a lasting and positive impact, but contributing a portion of your estate to a non-profit organization such as Sequoia Ministries is a wise estate planning approach.

This final act of stewardship is a great way to extend your support for the advancement of the charitable work you believe in, ensuring your assets will make a difference for others in need.

Plan to Leave a Legacy Beyond your own Lifetime

Here are some easy giving options:

Gifts by Trust or Will (Bequest)

A simple and very popular way to leave a legacy is through a bequest in your will and/or trust. You can give to Sequoia Ministries without effecting your cash flow or portfolio during your lifetime and support the work of Sequoia Ministries even into the future.

Here is how it works

  • Your will or trust directs your assets to your heirs, to your favorite charity(ies), etc.
  • You can provide now for a future gift to Sequoia Ministries Int’l by including a bequest provision in your will or trust. You can bequeath a specific dollar amount, or a percentage of your estate, or the residual after providing for your family.
  • Your will or trust can also direct a bequest to Sequoia Ministries for a specific purpose(s) or project(s) that you specify.

Benefits

  • Your assets remain in your control during your lifetime.
  • You can modify your bequest if your circumstances change.
  • Currently in the U.S., there is no upper limit on the estate tax deductions that can be taken for charitable bequests.
  • You can direct your bequest to a particular purpose (be sure to check with Sequoia Ministries to make sure your gift can be used as intended).
  • You can have the satisfaction now of knowing that your bequest will support Sequoia Ministries in the way you intended when you are gone.

Gifts of Retirement Plans

Your retirement plan may be worth more when donated to Sequoia Ministries than to your heirs.

Here is how it works

  • You name Sequoia Ministries International as the beneficiary of your IRA, annuity or retirement account.
  • Any residual left in your plan when you die passes to Sequoia Ministries International tax-free.

Benefits

  • You may escape both income AND estate tax levied on the residual left in your retirement account by leaving it to Sequoia Ministries.
  • You can continue to receive distributions during your lifetime.
  • You can change your beneficiary if your circumstances change.
  • You can have the satisfaction of knowing that your hard-earned retirement assets will support Sequoia Ministries when you are gone.

Gifts of Life Insurance

Create a significant endowment for Sequoia Ministries without dipping into your capital assets.

Here is how it works

  • You can provide now for a future gift to Sequoia Ministries by naming us owner and beneficiary of a policy insuring your life.
  • You make annual gifts to Sequoia Ministries International in the amount of the premium payments.
  • When the policy matures the proceeds are paid tax-free to Sequoia Ministries Int’l, and we will apply them to the purpose you have specified.

Benefits

  • You can make a significant gift from income instead of capital.
  • Your gifts offsetting the premium payments may be tax deductible.
  • You can specify the proceeds to be used for a particular purpose(s) or project(s).