Endowments

As Christians we are accustomed to giving regularly of our tithes and offerings. However many may not have realized that gifts can be given that will keep on giving long after we have gone to our eternal rewards. The Stewardship Department of the United Pentecostal Church International has made it possible for us to continue to support our local church and worldwide ministries while we live and after we are gone to be with the Lord.

Charitable Gift Annuity

A Charitable Gift Annuity with the United Pentecostal Foundation provides you a lifetime of fixed annuity payments and future support of Global Mission of the United Pentecostal Church. The rate of the fixed annuity payments depend upon your age and if the annuity is for one or two people.

Additional Benefits

  • Immediate tax deduction for a portion of annuity as allowed by IRS.
  • A Portion of annual income payment may be tax-free.
  • If funded with appreciated assets, such as real estate, stocks, bonds, or mutual funds, a portion of your payment may enjoy favorable capital gains tax treatment.
  • At death, Global Missions, UPCI will be blessed with the balance of your annuity fund, this could be added to an endowment in your name that will fund the future of Global Missions or you can choose to leave it up to the discretion of the Global Missions board.

Sample Gift Annuity Rates:

  • AGE 70 - 5.1%
  • AGE 80 - 6.8%
  • AGE 90 - 9.0%

*Note there are some state laws that prohibit the United Pentecostal Foundation from selling Charitable Gift Annuities.

For further information and a personalized proposal, call us toll free at 1-877-UPF-8850

Life Insurance Beneficiary Designation

Giving to Global Missions has never been easier. Now by making Global Missions a beneficiary designation on your life insurance policy (new or existing) you are blessing the Kingdom of God. Give a percentage, or a set amount.

There are four endowments that have been created.

  1. Administrative Endowment - is to permanently fund the administrative cost to operate the Global Missions Division.
  2. Compassion Endowment - purpose is to have funds on deposit to respond immediately when confronted with a disaster or emergency need.
  3. Evangelism and Leadership Training Endowment - was created so we can subsidize evangelism and overseas training.
  4. Open Door Endowment -would allow Global Mission to respond quickly when a door of opportunity opens suddenly.

Your gift will make a difference in the area or field of your choice:

Administrative Endowment

The purpose of the Administrative Endowment is to permanently fund the administrative cost to operate the Global Missions Division, thus reducing the amount contributed from missionary accounts. Our goal is to have enough funds in this endowment to be able to totally pay for administration without any contributions from missionary accounts. The Global Missions Division will only use the interest earned from this endowment and the principal will remain in the foundation, continuing to provide funds for future use.

Evangelism and Leadership Endowment

The Evangelism and Leadership Training Endowment was created so we can subsidize evangelism and overseas training. It is the goal of the Global Missions Division to evangelize the world. However, we need to realize the Great Commission has two parts go preach and teach. Along with evangelism we must teach our converts and develop them for ministry and leadership. Our missionary accounts are dedicated to funding evangelism and training, but it is not enough. We would be able to use the principal and interest from this endowment as approved by the Global Missions administration for evangelism and training opportunities.

Open Door Endowment

The Open Door Endowment would allow Global Mission to respond quickly when a door of opportunity opens suddenly. Rather than having to appoint personnel and send them on extended deputation, we could place key individuals on location immediately while appointing and funding long-term missionaries. There are several fields that are closed to resident missionaries that could open in the future. We need to be ready to respond when the Lord opens these doors. We would be able to use the principal and interest from this endowment as approved by Global Missions administration when doors of opportunity open.

Wills and Bequest

You can be a part of helping our missionaries by giving a gift in your will or Living Trust. By a Bequest or Living Trust, ministries that are important to you will be blessed and lives will be changed.

By stating in your will or Living Trust:

I give to the Global Missions Division Administrative Endowment managed by the United Pentecostal Foundation, Inc., a Missouri corporation, 36 Research Park Court, Weldon Spring, Missouri 63304 (“Foundation”) the following property (“Property”)

  1. THE SUM OF $______________; or
  2. ______________Percent (%) of my residuary estate; or
  3. The following described property: ________________
    ___________________.

Your gift will alter the course of lives in the future by helping missionaries lower their budget and reducing their time on the road.

If you are interested in knowing more about the preparation of your Will and estate plan, or contributing to Global Missions endowments please contact Steve Drury, Scotty Slaydon or Eric Morley at 636/229-7900.