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? |
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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 |
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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. |
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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. |