CONSIDER PLANNED GIVING TO PASS THIS LEGACY TO THE NEXT GENERATION.
Recall how our lives were profoundly changed when we were first baptized in the Holy Spirit. Remember that initial fire we felt in our hearts, as we embraced God’s will and passionately preached the Gospel to all nations so that others might also know the love of God!
Consider the fruit of the Catholic Charismatic Renewal, as over 120 million Catholics have been baptized in the Holy Spirit over the last 50 years.
We served in leadership in our prayer groups, entered the priesthood, diaconate, or religious life, we evangelized many and served in the Church in many ways. As we grow older, our mind and spirit may be willing, but our body can no longer maintain the same pace. But that does not mean we can no longer be effective! We can support the NSC’s “Legacy of Fire” planned giving program as we transition giving our time and talent to giving our treasure.
I felt something was missing five years after my priestly ordination. I cried out to the Father and encountered the Lordship of Jesus Christ and the power of the Holy Spirit. Since then, I have sought to lead others to experience this grace. Now retired, I am supporting the NSC’s planned giving with their focus on young adults and using media more effectively.
Baptism in the Holy Spirit was and is the greatest blessing of my life, giving me a thirst for Scripture study, frequent Mass and the Eucharist. Pope Francis has encouraged the Renewal to bring baptism in the Holy Spirit to the whole Church. I want to support the NSC as it works to bring this grace to new generations so I have included them in my will.
As a lifelong Catholic and priest for 52 years, I was unaware of the grace of baptism in the Spirit and the abundant life until I was prayed over in 1972. This led to many roles in the Renewal, such as St. Louis Archdiocese liaison, and member of the NSC Council and Fraternity of Priests. In gratitude to the NSC’s role, I am supporting their mission with a bequest upon my death.
We have been blessed by the outpouring of the Holy Spirit and the grace of baptism in the Spirit. Since the NSC has served well in fostering this grace, we have contributed life insurance to see this grace touch future generations.
Planned Giving Options
In making a “Legacy of Fire” planned gift, there are a number of options to those who desire to extend the legacy of the grace of baptism in the Spirit to the next generation.
Typical planned giving options include:
Bequest in a Will. This popular way of planned giving may take the form of: a specified dollar amount; a percentage of your estate; or a percentage of the remainder of your estate after other bequests have been fulfilled.
Gifts of Investment Securities. This option is attractive especially if you have publicly-traded stocks or bonds with an appreciated value over your investment basis.
Gift of IRA, Pension or Other Retirement Accounts (such as 401(k), 403(b) and other tax-deferred plans). If you are over 70 years old, you may receive significant additional tax advantages by giving directly through your retirement account.
Life Insurance Policy. You may name the NSC as a beneficiary, gift a policy or purchase a charitable gift rider.
Your planned gift to the NSC will bless others and extend the legacy of your baptism in the Holy Spirit for generations to come.
How I /We Will Support the NSC in its Planned Giving Program
Making a gift to the NSC can be as simple as adding a codicil to your existing will or estate plan. You may use this or a similar statement:
“I/we bequeath $______ (or % of my residual estate) to the National Service Committee of the Catholic Charismatic Renewal of the United States, Inc. P.O. Box 628, Locust Grove, VA 22508-0628.”
In support of the National Service Committee and its vision and mission to foster baptism in the Holy Spirit …
NSC Planned Giving
“Legacy of Fire”
Frequently Asked Questions
What is the NSC’s “Legacy of Fire” Planned Giving Program?
This special donor planned giving program allows donors to make future gifts or estate gifts.
Planning a gift over time or through your estate helps the NSC accomplish its Vision, Mission and Strategic Plan. All gifts, large and small, are welcome. When your gift is combined with gifts of many others, they can make a very meaningful impact.
What exactly does the NSC’s “Legacy of Fire” planned giving program do?
The purpose of your planned gift will bless others and extend the legacy of your baptism in the Holy Spirit for generations to come.
What does the term “planned giving” refer to?
Planned giving is any major gift you make during your lifetime, or as part of your overall financial and estate planning, that is most beneficial to you and your family. Planned giving, sometimes referred to as “deferred giving,” allows you to make a larger contribution than through your annual giving because of the potential tax and income benefits. You may donate cash or stock and other securities with appreciated value, life insurance, a retirement plan, etc. At this time, the NSC is not in a position to accept real estate or other personal property.
How do I start thinking about a planned gift?
You might think first of what your gift would like to accomplish and the timing of such gift. As you consider your various options, we suggest you discuss the options with your financial and/or legal advisors, and, of course, with your family.
Unrestricted gifts are the most helpful since they provide the NSC with the greatest flexibility to make the maximum impact. If you are thinking about making a restricted gift for a designated purpose, please contact the NSC office to ensure your gift will be most effective in assisting the NSC’s Vision, Mission and Strategic Plan.
You may wish to contact us to discuss your preliminary gift plans so that the benefits of your gift can be of most support to the NSC.
What are typical gift plans?
The simplest gift plan is the bequest through which you would make a provision in your will to pass certain assets in your estate on to the NSC.
There is also the charitable gift annuity, a gift through which, based on your age and life-expectancy, you receive a guaranteed portion of your gift back as long as you live, along with upfront and annual income tax benefits.
Planned gifts can also be created using life insurance or retirement assets. Charitable trusts can be designed to be part of your estate plan with many tax-advantaged benefits and with your personal legacy interests in mind.
What are the most common gifts?
These include –
- Gifts that use your appreciated assets as a substitute for cash, such as stock and other securities.
- Gifts that provide income or other financial benefits to you in return for your contribution, including Charitable Gift Annuities, Charitable Remainder Trusts, and Pooled Income Funds.
- Legacy gifts that name the NSC as a beneficiary of your will, living trust, retirement plan, or life insurance policy.
How would my gift be recognized?
All donors who make planned gifts become members of “Legacy of Fire Giving Society.” Members are formally recognized in the NSC’s “Pentecost Today,” and on the NSC’s website. As planned gifts are received, with the donor’s prior permission, the receipt will be acknowledged in the NSC’s Pentecost Today.
Is there a role with the NSC for members of the Legacy of Fire Giving Society?
Yes, we invite all members to supplement their other involvement with the NSC by becoming intercessors for the NSC’s Vision, Mission and Strategic Plan, as well as for prayer requests submitted to the NSC by those in the Renewal.
What about estate planning?
Estate planning is an important component of planned giving. Donors who want to remember the NSC in their estate plans should have a will that ensures that their wishes will be carried out. (If you don’t have a will, the state will decide where your assets go!) A bequest to the NSC can easily be included in your will and may help your heirs avoid some estate tax. Please talk with your tax or legal advisor about appropriate bequest language. Although the NSC will make arrangements for your planned giving, the NSC does not provide estate or financial planning services.