There are many ways to help The Wartburg Foundation financially. In many instances, the gift not only helps the Wartburg, but also can benefit you financially through potentially higher lifetime incomes and tax advantages. Your generosity supports the ministry of healing and hope provided by The Wartburg Adult Care Community. The Wartburg Foundation works with donors and friends who want to turn their vision for support into a reality through a life plan that includes appropriate gift planning instruments.

Bequests
By naming The Wartburg Foundation in your will, you can give a specific amount or a percentage of your estate. Anything you wish may be bequeathed (cash, securities, real estate, art, antiques). By naming us as a beneficiary, you continue to control your assets during your lifetime and your gift is exempt from federal estate tax.

Charitable Gift Annuity
A Charitable Gift Annuity can be funded with cash or securities. You receive a lifetime income and tax benefits and make a future gift to The Wartburg Foundation. Many people transfer low-yield stocks or CDs into a gift annuity, as the interest earned is often significantly higher.

Life Insurance
Gifts of life insurance provide an easy way for you to support our ministry. You can name The Wartburg Foundation as owner and beneficiary of a new or an existing policy. The premiums you contribute are deductible charitable donations. You may also simply name The Wartburg Foundation as a beneficiary of an insurance policy.

Retirement Assets
Because these resources – IRAs and retirement plans – can be subject to estate and income taxes owed by the beneficiary, donating them to The Wartburg Foundation may be a better option. Distributions from a retirement plan (beginning at age 55) could also be used to fund an insurance policy naming The Wartburg Foundation as beneficiary.

Charitable Remainder Trust
Use this gift instrument to make a gift to The Wartburg Foundation in the future and receive income and tax benefits today. You establish a trust by transferring an asset – cash, securities or real estate – to the ELCA or LCMS Foundations (or a financial institution of your choice). The Foundation sells the asset and invests the proceeds. No capital gains tax is paid when the asset is sold. The trust pays you or your loved ones and provides a future gift to The Wartburg Foundation.

The Wartburg Foundation works closely with the ELCA and LCMS Foundations to assist individuals in their desire to continue God’s work at The Wartburg. We would be happy to discuss your individual circumstances and options with you free of charge, with absolute confidentiality and no obligation. Please email or call Ed Myers, President at emyers@thewartburg.org / 914-513-5318 or Roger Dow, Vice President at rdow@thewartburg.org / 914-513-5355.

The Wartburg Foundation advises you to consult with your attorney and your tax adviser in regards to the tax benefits of your gift.