Planned Giving

Planned Gifts are an investment in the future of Wesley Theological Seminary. They ensure that we can continue to offer to our students - who are the future of our churches - scholarships for years and years to come. The education of these future leaders, preachers, and teachers depends on the current and Planned Gifts we receive from Wesley's many friends, like you. It is a legacy that endures and keeps Wesley strong and secure for generations to come. With your help, we can continue make a difference in the lives of countless peoples for many, many more years.

Planned Gifts can be simply given through a bequest in your will, or by designating Wesley as the beneficiary of an IRA or life insurance policy. Planned Gifts also include Annuities and Trusts that can provide income to the donor throughout their life. Planned Gifts can be given over a period of time through a Gift Bond that grows until sufficient to provide scholarship funding:

Contact us

When you consider your own legacy, Planned Gifts are a way to make a major gift that will benefit Wesley for many years.  We would love to talk to you about Planned Gift opportunities at Wesley. Please call Cindy Davis at (202) 885-8632 to learn more about leaving a legacy that will help shape the church for generations to come.

Please note that this website contains planned giving samples for your consideration and does not provide any legal or financial advice. Please consult you legal or financial advisor to ensure your wishes are provided for in your estate planning.

Including Wesley in your will

If you would like to include Wesley in your will, here is some sample language you can share with your legal advisor:

"I give, devise, and bequeath to Wesley Theological Seminary of the United Methodist Church, a non-profit Maryland corporation, located at 4500 Massachusetts Avenue, NW, Washington, D.C., 20016, the sum of  $______ (or ___ percent of my estate)  to be used for such purposes as the Board of Governors determines at the time this bequest becomes effective."

Please note that is a sample for your consideration and does not constitute any legal advice. Please consult your legal advisor to ensure your wishes are provided for in your will.

Charitable Gifts Bonds

A Charitable Gift Bond (CGB) provides an opportunity to make a permanent enduring gift for scholarships and fund that gift over a number of years. With an initial gift to Wesley, we would establish a CGB in your name. This initial gift and future additional gifts to the CGB will be invested, and investment earnings will be added to the CGB amount. When the CGB reaches a predetermined level within a set period of time, the gift would be endowed, so that only the earnings from the fund would be directed to a scholarship. The scholarship would then continue to provide support for the education and training of pastors who will lead our churches in the future for many years to come. 

In most cases, we look at a 10 year investment period for a CGB before it is endowed, and would need to have sufficient gifts and income over that time to allow for it to be endowed. For example, an initial gift of $5,000 and annual contributions of $1,800 for 9 years to the CGB could generate @$30,000 and would be sufficient to endow. If you would like to have an endowed scholarship that is named in memory or honor of someone, the CGB would need to reach $50,000 within 10 years which could be achieved with an $8,000 initial investment and then @$3,000 in gifts each of the remaining nine years.  

The ultimate value of your CGB will come from the combination of contributions and their compounded earnings over time.  For our estimates here, we assumed a 5-6% earnings; actual earnings may vary. As with any investment of this kind, the greater the contributions, the faster the CGB will grow.

Please note that is a sample for your consideration and does not constitute any legal advice. Please consult your legal advisor to ensure your wishes are provided for in your estate planning.

Charitable Gift Annuities

A Charitable Gift Annuity (CGA) provides a way to give a gift to Wesley and receive income from that gift for yourself and one other for the rest of both your lives. When you give your gift to Wesley and a CGA is set up, Wesley agrees to pay you a set amount, paid either annually or quarterly, and that amount remains the same, no matter what happens to interest rates. The amount is determined by the age of the donors. You may also receive a tax deduction when you set up the CGA.

For example, if you established a CGA of $50,000 to be paid to two people in their 80, the current rate would be in the 6% - 7% range and would generate around $3,000 - $3,500 annually for the rest of both your lives. For two people in their 70s, the current rate is in the 5% range with annual payouts around $2,500.

Gifts can be made through cash, appreciated stocks or real estate.

Please note that is a sample for your consideration and does not constitute any legal advice. Please consult your financial advisor to ensure your wishes are provided for in your estate planning.

Charitable Remainder Trusts

A Charitable Remainder Unitrust (CRUT) provides a way to give a gift to Wesley and receive income from that gift for yourself and others for the rest of your lives. When you give your gift to Wesley and a CRUT is set up, Wesley agrees to pay you an annual fixed rate (minimum of 5%), paid either annually or quarterly. Each January 1, the CRUT is revalued based on the success of the investments for the CRUT and your percentage payment will be based on the revalued amount of the CRUT. You may also receive a tax deduction when you set up the CRUT.

For example, if you established a CRUT of $100,000 to be paid to two people aged 80, at the rate of 6%, you would receive $6,000 in the first year, and thereafter the annual payout would be adjusted to reflect 6% of the revalued amount of the CRUT. The estimated lifetime payout would be $82,800. Gifts can be made through cash, appreciated stocks or real estate.

Please note that is a sample for your consideration and does not constitute any legal advice. Please consult your financial advisor to ensure your wishes are provided for in your estate planning. 

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