Gifts That Cost You Nothing Now
Gifts in a will or by beneficiary designation are two easy ways to build up of the body of Christ worldwide for years to come — and they don’t cost anything now.
Gifts in a Will
Making a legacy gift in your will or trust is one of the easiest and most popular ways to make a lasting impact for Dallas Theological Seminary. By simply signing your name, you can create a legacy of transforming lives and advancing the Gospel of Jesus Christ.
Once you have provided for your loved ones, we hope you will consider making our shared mission of service part of your life story through a legacy gift.
A gift in your will is one of the easiest ways to create your legacy and offers the following benefits:
Costs you nothing now to give in this way.
You can alter your gift or change your mind at any time and for any reason.
Your gift will create your legacy of teaching the Bible to a world that desperately needs it.
Four simple, “no-cost-now” ways to give in your will
Leaves a gift of a stated sum of money to Dallas Theological Seminary in your will or living trust.
You can mix these no-cost ways together. For example, you might consider leaving a specific percentage (such as 50%) of the residual to Dallas Theological Seminary contingent upon the survival of your spouse.
Gifts by Beneficiary Designation
It’s easy to put your bank accounts, retirement funds, savings bonds, and more to use in educating the next generation of Christian leaders — and it costs you nothing now.
By naming Dallas Seminary Foundation as a beneficiary of these assets, you can power our mission for years to come and establish your personal legacy of building up the body of Christ around the world.
Potential benefits of gifts by beneficiary designation:
Reduce or eliminate taxes
Reduce or avoid probate fees
No cost to you now to give
Create your legacy with Dallas Theological Seminary
To name Dallas Seminary Foundation as a beneficiary of an asset, contact the custodian of that asset to see whether a change of beneficiary form must be completed.
How to change a beneficiary designation:
Login to your account or request a Change of Beneficiary Form from your custodian (the business holding your money or assets).
Follow the links to change your beneficiary or fill out the form.
Be sure to spell the name of our organization properly: Dallas Seminary Foundation
Include our tax identification number: 75-2188543
Save or submit your information online or return your Change of Beneficiary Form to your custodian.
Types of Gifts
A gift of retirement funds
You can simply name Dallas Seminary Foundation as a beneficiary of your retirement plan to help train our graduates serve those in need, providing hope in places of despair and light in places of darkness.
A gift of funds remaining in your bank accounts, brokerage accounts or certificate of deposit (CD)
This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your financial institution, you can name Dallas Seminary Foundation (Tax ID: 75-2188543) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward teaching the whole Bible and preventing the erosion of our church for generations to come.
Donor-Advised Fund (DAF) residuals
What remains in a donor-advised fund is governed by the contract you completed when you created your fund. When you name Dallas Seminary Foundation as a “successor” of your account or a portion of your account value, you enable our students to preach, teach, and live out the Gospel throughout the world.
If you have bonds that have stopped earning interest and you plan to redeem them, you might owe income tax on the appreciation. That could result in your heirs receiving only a fraction of the value of the bonds in which you invested. Since Dallas Seminary Foundation is a tax-exempt institution, naming us as a beneficiary means that 100% of your gift will go toward helping theological students entering ministry, education, and other channels.
Complimentary Gift Planning Resources are Just a Click Away!
We know that finding the best ways to make an impact for generations to come can be overwhelming. That’s why we offer our Estate Planning Service to help you consider how you want to be remembered. Request our free guide to see if this service is right for you.