By: Barry G. Allen- President & CEO
The Cooperative Program enables us Kentucky Baptists to accomplish more for Christ together than we ever could on our own. CP funds provide the foundational support for statewide, nationwide and worldwide missions and ministry efforts.
Traditionally, the Cooperative Program is supported primarily by the collective giving of the churches. However, there are other ways for you to support the Cooperative Program directly through the Kentucky Baptist Foundation. Let me encourage you to consider one or more of these as you prayerfully plan your longer term stewardship goals.
If your goal is to make a gift at death, then consider a bequest in your will or a beneficiary designation of life insurance or retirement assets. If your goal is to avoid capital gains on the transfer of real estate, then consider a real estate gift. If your goal is to avoid the potential double taxation at death of your retirement assets, then consider gifting those assets at death. If you goal is to make a simple gift now, then consider an outright gift of cash or appreciated securities. If your goal is to make a gift larger than you ever dreamed possible, consider a life insurance gift. If you desire flexibility in timing the decision as to what charities will benefit from your gifts versus the tax advantaged timing of your gifts, consider a donor advised fund. If your goal is to make a gift now, but receive in return a fixed income for life, consider a charitable gift annuity. If your goal is to make a gift now and create a hedge against inflation over the long term, then consider a charitable remainder unitrust. If your goal is to reduce the cost of passing assets to your heirs, then consider a charitable lead trust.
A legacy gift to the KBF for the CP Endowment Fund is a perpetual investment with eternal implications that will be working literally 24/7 to connect people all over the world to Jesus Christ. Please call us to assist you.