Other Ways to Give

Life Insurance
Did you know that you can make the children of Mercy Home a full or partial beneficiary of your life insurance policy? You can even make Mercy Home the owner of a policy and then your payments may be tax deductible.

Charitable Remainder Trusts
When you establish a charitable remainder trust, you set aside cash, securities, or other property for ultimate distribution to Mercy Home for Boys and Girls. In the meantime, the trust pays income to you or to one or more beneficiaries that you name. You enjoy a charitable deduction, savings on your estate taxes, potential capital gains tax avoidance, and many other advantages.

Real Estate
You can give real estate, improved or unimproved, to Mercy Home and receive a tax deduction for its full fair-market value and avoid the capital gain tax on the appreciation. There is also a way to make a gift of your personal residence or farm to Mercy Home and retain the use of the property for your life, or for the life of you and your spouse; this is called a life estate agreement.

Certificate of Deposit or IRA
Many people have decided to invest their retirement money in one of these instruments; they provide safety and security. By simply making Mercy Home a beneficiary of a CD or IRA, you maintain control of your hard-earned dollars, and when the time comes that you no longer need this money, it can be used to provide a safe home for a child who desperately needs it.

A "Totten" Trust
One of the simplest kinds of trusts is a "Totten Trust," in which you are the trustee of a savings account, which names Mercy Home a beneficiary. You maintain complete control of the money in this account. Once again, when the time comes that you no longer need this money, it will be used to help our children.

If you would like any further information about how to make one of these types of gifts to the children of Mercy Home, please contact Dan Pritchard in our Planned Giving office at (800) 378-8266 or via e-mail at: danpri@mercyhome.org.