You simply buy a life insurance policy with Luther North as the beneficiary, or make Luther North the beneficiary of an existing policy. These premiums are tax-deductible, and Luther North gives donors the recognition for the value of the policy as your donation. Lutheran Brotherhood and Aid Association for Lutherans have special policies for charitable giving. Your will is your final expression of your stewardship priorities. You can bequeath a specific cash amount, a percentage of your assets, or transfer other assets such as stock.
Many companies match their employees' charitable gifts.
Contact your personnel department to see if your company provides matching gifts. In return for transferring assets to Luther North, you receive a lifetime income from the assets. This arrangement provides immediate tax benefits for you and can provide you with retirement income or cover the cost of educating a child or grandchild. When the trust ends, the remainder of the trust assets are turned over to Luther North. An annuity provides Luther North with a guaranteed gift while providing you with a fixed income for a specific period of time.