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||Description||Why 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 your 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 the 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.|