Your decision to include Orchard in your estate enables us to continue our mission with greater confidence, helping Christians launch and lead creative initiatives that make a real difference in the lives of those in need.
Since 1996, Orchard has accomplished this by helping start and train over 300 ministries and nonprofit leaders to reach multiple sectors of society in Atlanta and now across the country. We want to make sure Orchard is able to keep this work going for years to come! Planned giving helps bolster Orchard’s operating ability so that we can expand our work while remaining financially strong.
As we move forward, we are excited by the opportunities online training gives us to help early-phase nonprofit leaders make more significant impacts in their communities regardless of location. With your support through planned giving, we can continue investing in the Orchard Institute training platform and adding new resources for the leaders we serve. Your role in shaping the future of Orchard is invaluable. If you would like to learn more about how you can leave a legacy through Orchard, we would be honored to meet with you and discuss options.
Planned gifts can offer many advantages to help you meet your overall financial goals and help Orchard in its long-term financial planning. They also provide special opportunities that can enable the ministry to strengthen and improve its programs.
You can name Orchard as a primary beneficiary of a life insurance policy or as a contingent beneficiary should your other beneficiaries not survive you. After your lifetime, the benefits of your policy will pass to Orchard free of federal estate tax. To establish this type of gift you simply consult your insurance agent and request a “Change in Beneficiary Designation Form“.
One of the simplest ways to provide an enduring gift of support to Orchard is through your will. By including Orchard in your estate plans, you can specify assets that will come to us after your lifetime. At that time the assets you specify will pass to us, and your estate can take a charitable deduction for the amount of your request, reducing the estate taxes payable. If you choose to do this, we should be named in the bequest as Orchard Resources, Inc. EIN. 58-2429274. PO Box 18577; Atlanta GA 31126
Gifts of long-term appreciated stock or mutual funds offer an easy and tax-efficient way to make a lasting contribution to Orchard. Your gift will help sustain the ministry and future of Orchard while avoiding capital gains taxes and reducing federal income tax.
By naming Orchard as beneficiary of your retirement plan you may save your beneficiaries money in federal taxes. First, designating Orchard as the beneficiary will reduce the value of retirement assets from your gross taxable estate. Additionally, because contributions to your retirement plans were likely not subject to income tax at the time of contribution, nor were taxes payable as they appreciated in value over the years, distributions that a beneficiary receives from a retirement plan may have tax implications for them (the tax laws have recently changed, so please consult your financial and tax advisor). However, since Orchard is a nonprofit and exempt from income taxes it is not required to remit any portion of the distributions to the Internal Revenue Service.
To partner with us through Fortify planned giving and further discuss your options contact Jonathan Goode at jgoode@meetorchard.org.
