Zoe Christian Fellowship Endowment Foundation represents the Power of One. The power of the fist is mightier than individual fingers. The fist represents the power of a unified collective effort. When many come together as one, a powerful positive change can happen in contrast to the inefficiency of individual efforts. The foundation is comprised of several Zoe Churches which gives us the strength to accomplish our vision.

Planned Giving

A planned gift is a contribution that benefits the future of the Zoe Christian Fellowship Endowment Foundation while deferring the foundation’s use of the donation until the end of a specified period of time or after the donor’s lifetime.  Planned gifts allow donors and their families to receive significant estate and income tax benefits.

The following list describes the various types of planned gifts.

Expand your Legacy by making a gift from your final estate. Bequest language that can be added to your Living Trust or Last Will and Testament is as follows

  1. I hereby bequest $xxxxx.xx or xx% of my final estate to Zoe Christian Fellowship Endowment Foundation EIN# 27-0134969.
  2. Please notify us and provide a copy of your Will or Living Trust so we can contact your executor later on.
  3. All donors leaving a Legacy Gift will be added to Zoe's Legacy Society with gratitude

Gifts Through a Will 
Nationally, making a gift through a bequest in a will is second to annual outright gifts in terms of popularity. There are several variations:

Proportional Bequests are ideal for individuals who are not ready to specify an amount. In this case the ZCFEF will receive a portion or percentage of what remains in an estate after family, friends, and other concerns have been satisfied. This approach takes into consideration unexpected increases or decreases in estate value.

Specific Bequests of money or property in wills are particularly useful in the case of a highly liquid estate that will be periodically reviewed.

Contingent Bequests provide the NBPEF Foundation with all or a portion of the estate if other named beneficiaries precede the bequestor in death.

Gifts Through a Life Estate
The Life Estate provides the donor an opportunity to make a gift of a home or certain other real estate and yet retain the ability to live there throughout one's lifetime. The donor enjoys the satisfaction of giving now rather than later, while receiving an income tax deduction as well.

Gifts Through a Charitable Remainder Trust
The Charitable Remainder Trust allows a donor to make a substantial gift of cash, securities, or real or personal property and provides the donor and any designated beneficiaries income from the gift during their lifetimes.  This giving method can actually increase the donors income and that of the surviving beneficiaries by eliminating the capital gains tax on the appreciated assets the donor contributes and by providing an income tax deduction. The three major trusts are charitable remainder annuity trusts (fixed income), charitable remainder trusts (variable income), and charitable lead trusts (principal returned to donor or other beneficiary after a fixed period of time).

Gifts Through a Charitable Lead Trust
Lead trusts offer an opportunity to benefit the ZCFEF immediately by giving an asset to the ZCFEF for a specific period. The income from the trust's assets goes directly to the ZCFEF.  After a fixed period of time or for a period measured by a named person's life, the assets are returned to the donor or other beneficiaries (children or grandchildren), which significantly reduces gift and estate taxes.

Gifts Through a Revocable Living Trust
The revocable living trust, while being an effective vehicle for passing on one's possessions to relatives and friends and avoiding probate delays, can be an excellent means to make a gift to the ZCFEF. A donor can provide that at the termination of their revocable living trust a portion of the trust assets benefit the Foundation. Like the bequest in a will, the gift is deductible from estate taxes.

Gifts Through Retirement Savings
A donor can include the ZCFEF as a death beneficiary on IRA's, pensions, 401(k), and other retirement plans. Giving through a retirement plan can reduce or eliminate estate taxes as well. Retirement savings may fund a charitable remainder trust or may be withdrawn to make an outright gift.

Gifts Through Life Insurance
A life insurance arrangement may provide a large gift to the ZCFEF at a reduced cost. You can name the ZCFEF as a beneficiary or owner of a new or existing policy. You can use the amount of the premium payment as a charitable deduction if the ZCFEF owns the policy. For the younger donor, this deferred gift plan may allow for a greater gift to the ZCFEF than could ever be given in outright gifts during the donor's lifetime. For other donors, giving a life insurance policy that is no longer needed for its original purpose may be the easiest way to make a significant gift.

To receive additional information on these and other planned giving options, please contact the Planned Giving Department at 323-931-1477, ext 21. or e-mail at kausgood@zcfendowment.org.

ZCFEF is a charitable organization and is not engaged in rendering legal and tax advice.  We recommend that you consult with your legal/tax advisor on your estate and tax planning.