Leave a Legacy to Chicago homeless. Imagine if the things we accumulate over a lifetime could find renewed purpose in the hands of someone we love. Through purposeful, intentional giving, we celebrate and honor God’s blessings in our life.
Wayside Cross Ministries is a Bible-based, Christ-centered shelter and long-term recovery program for the broken, addicted and abused. For over 90 years, we’ve helped men, women and single moms with children turn their lives around. With your help, we could do so much more. Any gift you can give will make a tangable, life-changing difference.
Assets like an automobile, property, or the simple gesture of adding a loved one to a will or insurance policy take on greater value when you know your gift will find real appreciation.
Legacy Giving through Wayside Cross Ministries is a great way to honor this God-given principle while adding greater meaning to the assets one collects over a lifetime. Your commitment to help others through this ministry will be life-changing. Wayside Cross Ministries is a registered 501(c) (3) | EIN 36~2167950
Watch how Legacy Giving is making an impact on the lives of the homeless, addicted and abused for generations to come.
Give your assets greater meaning. Here’s how:
Donate Automobiles
Steve Wise, Hope Outreach General Manager | Phone: 630-723-3434 | Email: swise@waysidecross.org
Donate Stocks & Real Estate
Mail:
Wayside Cross Ministries
215 East New York Street
Aurora, IL 60505
Phone: 630-723-3423 | Email: jlukose@waysidecross.org
Planned Giving
Wayside Cross Ministries, like many other organizations, depends upon the generosity of caring, committed people to carry on our vital ministry to the poor.
What happens when a loyal donor passes on? Unless the donor takes steps to ensure perpetual giving, the partnership dies and the contributions cease. One way to carry on your generosity is to make a provision for Wayside Cross Ministries in your estate plans.
Benefits of Estate Planning
- Ensuring that your generosity will continue beyond your lifetime
- Providing your heirs with potential tax benefits
- Inspiring others to follow your example
- Check out this free resource for creating a Christian Will
There are a wide variety of planned giving opportunities that donors may utilize to meet their charitable giving and estate planning needs. Charitable planned gifts can be an important part of any financial or estate plan, and should be made in consultation with a qualified financial planner or estate planning attorney. Following is a partial list of the various types of planned gifts available:
Bequests – Did you know bequest are the most popular planned giving tool. Designating Wayside Cross Ministries as a beneficiary in your will is the simplest form of a planned gift. It is also a very effective way to provide for future support of Wayside. Should you decide to make this type of gift, the correct beneficiary name is Wayside Cross Ministries. For additional information and free resources to help you plan, click here.
Endowments – An endowment fund provides for a principal amount, which remains intact while the interest or dividends support the work of Wayside Cross Ministries “forever.”
Life Insurance Gifts – Naming Wayside Cross Ministries as beneficiary of a life insurance policy, or buying a policy for Wayside Cross Ministries, is a way to become a major donor at a minimum cost. The premiums are tax-deductible.
Stock Gifts – The gift of appreciated stock is an excellent opportunity to convert an asset into a charitable gift. No capital gains taxes are incurred on the transfer of appreciated stocks, and the gift may be used not only as an outright gift, but also for a gift annuity, participation in the pooled income fund, an endowment or virtually any other form of planned gift.
Payable on Death (POD) Accounts – The gift that you give and still keep is made possible by designating Wayside Cross Ministries to receive the balance of your savings, brokerage or other account at the time of death. You retain the right to use all of the funds in the account throughout your lifetime. This designation is fully revocable during your lifetime and is a “no-risk” gift for those who are concerned about unforeseen expenses, but would still like to make a gift.
Charitable Trusts – Donors can place assets into a trust account, which will generate income for them or any beneficiary they designate. These accounts can produce fixed or variable income and may be revocable or permanent depending on the donor’s wishes. Upon the death of the trust maker and subsequent beneficiary, the money will then benefit the work of Wayside Cross Ministries.
Retirement Account Gifts – If you are planning to give to Wayside Cross Ministries through your will or estate, one of the best assets to give is one that is least valuable to your heirs. Naming Wayside Cross Ministries as the beneficiary of your pension or individual retirement account (IRA) money can eliminate income and estate taxes on that gift.
For more information on how you can make a planned gift to Wayside Cross Ministries, contact James Lukose at:
Phone: 630-723-3423 | Email: jlukose@waysidecross.org
Wayside Cross Ministries is a 501(c) (3) | EIN 36~2167950
81% of all gifts fund life-transforming programs & meals
Contact Us
215 E. New York Street • Aurora, IL 60505
Phone: 630-892-4239
Fax: 630-892-3799
Email: info@waysidecross.org
GET INVOLVED
We embrace all people with the compassion of Christ
Wayside Cross Ministries is a 501(c) (3) | EIN 36~2167950
81% of all gifts fund life-transforming programs & meals.