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Ways to Give
A Charitable Gift Annuity with Wordnet Productions
In the interest of providing the best and
most secure annuity options, Wordnet Productions has
contracted with the National Catholic Community
Foundation (NCCF) to manage our annuities.
They offer several viable
opportunities. These are available for your perusal
at the NCCF website:
www.nccfcommunity.org.
Visit
them and click on “Planned Giving” to study all that
is available.
Call them for suggestions
and brochures. Once you are satisfied that this is
for you and Wordnet Productions, please telephone
Brother Stephen Pardy, SVD at 909-383-4333 ext 9 or
send e-mail to
dev@wordnet.tv.
In this time of financial crises
Annuities offer a guaranteed source of income with
better interest rates than are available with the
banks.
They also provide
substantial tax incentives.
You can also try calculating the returns yourself.
Starting with $10,000, simply go to:
http://pcalc.ptec.com/hosts/1015862998/index.html
Wordnet Productions Endowment Funds
The Kindness of
Strangers...
Such has been the source of the present
endowment to date.
One anonymous donor has
started our Endowment funds with a contribution of
$700,000. This generous laborer has heard the
Master’s call to join in the harvest and is a
welcome partner in spreading the Gospel and its good
news.
What is an
Endowment?
An endowment
fund works like a permanent savings account. The
amount you give, which is the principal, is never
spent. Only the earnings are spent for the purposes
that you designate.
Why are Wordnet
Productions' endowment funds so important?
Wordnet
Productions' endowment earnings are divided among
various funds to provide support for programs,
equipment and enhanced production possibilities.
Some endowment funds have been restricted to fund
certain programs that are offered by Wordnet which
make it possible for the donor to specify how they
want their donation to be used. This Catholic
Television endowment funds include:
Is it possible to designate a gift to a
specific endowment?
Yes! All donors
are welcome to direct Father Mike and Wordnet
Production staff as to how they want their money to
be spent. A gift of $10,000 or more (only $500 or
which can be spent on a yearly basis) would allow
the donor to name an endowment of their own.
How can you help the endowment grow?
Depending on the type of gift you would like to make,
Wordnet Productions is equipped to accept gifts of
cash, stock, annuities, and real estate.
Deciding to make a gift to this Catholic Television
apostolate is an important one. Please contact our
Development office at (909) 383 4333 or
dev@wordnet.tv
to inquire about making an endowment contribution or
planned gift to this Catholic Television Production
facility and help us share God’s love and God’s
word.
Wordnet Productions is an important contributor to
Catholic Television. Your support will make a
difference in the quality of services and programs
that Wordnet offers to folks like you on a
continuing basis on TV and through the power of the
Internet. In addition, your generosity demonstrates
your commitment to the intellectual and
missiological mandate of Christ himself allowing all
of us to say with Matthew (24:14) “and this gospel
of the kingdom shall be preached in all the world
for a witness to all nations.”
Your Will: A Gift to Wordnet Productions
Wills offer many donors a way to make gifts, which might
not have been possible during their lifetime. You
can include a gift for Wordnet Productions in your
Will and continue partnering with our mission.
Making a will is not difficult. Here are three possible ways you
might consider:
-
I give, devise, and bequeath to Wordnet
Productions, a corporation created under the
laws of the State of California, located in San
Bernardino, CA ________% of my estate.
-
I give, devise, and bequeath to Wordnet Productions,
a corporation created under the laws of the
State of California, located in San Bernardino,
CA the sum of $__________.
-
(To make a bequest after other
bequests have been granted):
All the rest, residue, and remainder of
my estate, including real and personal property, I
give, devise, and bequeath to Wordnet Productions, a
corporation created under the laws of the State of
California, located in San Bernardino, CA
____________% of my estate.
IRA and Other Retirement Plan Assets
The balance remaining in your retirement
account after your death is often subject to double
taxation if it passes to your heirs, taxed both as
income and as an estate asset. The result is that up to 75% of the
value may have to be paid toward taxes. By
designating the remaining balance of your retirement
account to WORDNET PRODUCTIONS and using other
assets for gifts to your family, you can make a
sizeable charitable contribution while still
providing for your loved ones.
Q.
How do I donate an IRA to charity or give as a gift?
A. The best way is to name the charity as
the beneficiary of your IRA upon your death.
This helps avoid the heavy
tax burden when you take money out while still
alive.
If you withdraw money prior
to age 59.5 and donate the money to charity you will
still have a 10% early withdrawal penalty, so if you
plan to give them ongoing income, it is better to
wait until you are older than age 59.5
Wordnet Productions Legacy Circle
When making plans to include Wordnet Productions in your
estate plans, please let us know so that we can
included you in our Legacy Circle.
Don’t “hide your light under a bushel!”
Let us recognize you now and thank you in
person for partnering with us in our combined
missionary efforts.
Matching Gifts
Such gifts can double an
individual contribution. Many companies will
match the charitable gifts made by their employees.
Check with your personnel office for details.
And as Father Mike says:
“May Jesus’ love for you make you smile!”
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