At every Divine Liturgy we pray, “Remember, O Lord, those who
bring offerings and perform good deeds in your holy Churches.”
Today we have a variety of new and creative options when it
comes to gift giving.
“What shall I repay the Lord for all his goodness to me?”
(Ps 116:12)
| Type of Gift |
How it Works |
Why to Choose It |
Outright
Donation |
Donate cash, securities
or personal property. |
A quick and easy gift. |
|
Memorial Donation |
Most commonly a cash gift in memory of a
deceased person or in honor of a special occasion
(birthday, anniversary, ordination). |
A quick and easy gift |
| Bequest in will |
Donate a specific amount
or a percentage of you estate. |
An easy way to make a
donation - name the Eparchy of Parma in your will |
| Life Insurance Gift |
Names the eparchy as the owner and
beneficiary. |
An easy way to make a large gift. |
| Charitable gift Annuity |
Make a gift to the
eparchy of Parma. Donor receives a guaranteed income for
life. Upon death, the balance reverts to the eparchy |
|
| Charitable Remainder Trust |
Fund a trust with cash, securities of
personal property. Beneficiaries receive income for a
specified period of time with the remainder reverting to
the eparchy. |
|
| Real Estate Gift |
Donate property to
Eparchy |
|
| Retained Life Estate |
Deed your home to the eparchy but retain
the right to live in it for the rest of your life. |
|
| Revocable Living Trust |
Name the eparchy as a
beneficiary of assets in a trust |
|
| Retirement Assets |
Name the eparchy as the beneficiary of
your IRA, 401 (k) or other qualified plan. |
|
