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Ways to Give Giving our money to God is like planting seeds in God's harvest.
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Annual Pledges(Tithes and Offerings) |
We also accept many restricted gifts during the year - gifts that are given for a specific purpose. Our Extra Dollar Sunday giving and United Methodist Special Sundays are examples of restricted giving. |
Payment Options:Credit Card (tbd)
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Endowments |
Benefiting the Forest Chapel family in perpetuity, endowment gifts are invested to generate a steady stream of income for building, maintenance, music, missions and many other purposes. Donors may also create unrestricted endowments, which produce resources that can be used where the need is greatest. |
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Planned GiftsBequests |
Planned gifts include bequests, or plans from your estate. These financial planning arrangements can be beneficial to the donor and to the church. |
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Annual Pledge Payment Options
Cash is always accepted, but please consider using either your personalized giving envelopes or one that is provided at the church so that we know who gave the cash. For named contributions, we can provide a Statement of Giving that could help you at tax time.
Please make out all checks for giving to "Forest Chapel UMC." If your giving is restricted, please note the purpose of the gift in the memo line.
If you pay your bills online, you can set up an automatic payment of giving through your financial institution's website.
An easy way to give is to let our West Ohio United Methodist Credit Union automatically withdraw the amount of your choice from your checking or savings account on a regular basis. The way to do this is to fill out a First Fruit Giving Form and return it to our Forest Chapel church office.
Electronic Transfer is the easiest method when a donor maintains holdings in a brokered account.
Before making a transfer, alert the church office (513.825.3040) so that we can make arrangements with its broker to receive the stock. Indicate the purpose of the contribution—such as general fund, building fund, music program, etc.
| Broker Firm | PNC Investments (Kate Wilson, 639-4979) |
| Account Name | Forest Chapel UMC |
| Account Number | 3071-9668 |
| DTC (Depository Trust Company) Number | 041 |
| Clearing House | First Clearing Corp |
Planned Gifts
A growing number of church members and friends participate in financial or estate planning. This process can include "gift planning" and the gifts are referred to as "planned gifts."
- Wills or Living Trusts - Giving to the church through your will or living trust is often referred to as a "bequest." A bequest from your estate may include cash, securities, real estate, and/or personal property. It can be for a specific amount or for a percentage of your estate.
Why Include Forest Chapel in My Will?Your bequest to the church is ...•Tax Wise - A charitable gift through your estate may reduce estate taxes.•Revocable - You may change the beneficiaries of your estate at any time.•Flexible - Your bequest can be directed to Forest Chapel or to any of its programs.•Comfortable - A bequest allows you to retain your assets throughout your life.How Do I Make a Bequest to the church?If you are writing your will or living trust, you will need to include specific language that correctly identifies your support of the University. If you already have a will, you can add a codicil or amendment to your existing estate plan. Or, if you already have a living trust, you would simply modify the language, directing your trustee to make the desired distributions.
- Retirement Plans - Assets from your individual retirement account, pension plan, profit sharing plan, stock bonus plan, 401(k) or 403(b) can constitute a large portion of your retirement portfolio.
However, any retirement plan assets you don't use during your lifetime will be subject to income tax in the hands of your beneficiary, regardless of who that person is. If that person is not your spouse, your estate may also have to pay estate tax on those assets. In some cases, the combination of the two can mean that your heirs could receive as little as 30% of the entire value of your account.Retirement Plan Asset BasicsDesignating Forest Chapel as a Beneficiary of Your Retirement Plan ...•Ensures that the church or church program receives the full value of your gift.•May be easily changed as your plans change.•Removes assets from your estate, reducing estate tax.•May allow you to distribute a greater portion of your estate to your heirs.
- Life Insurance - Giving a life insurance policy you no longer need, or funding a new policy to support Forest Chapel, is an excellent way to make a substantial gift.
Three Ways to Give Life Insurance- Designate Forest Chapel as a beneficiary of your life insurance policy; or
- Give Forest Chapel a fully paid life insurance policy that you no longer need; or
- Purchase a new policy and name Forest Chapel as the owner and beneficiary. You will then be asked to contribute the equivalent of the annual premium payment to the church. This premium contribution is tax deductible and is used by the church to pay the insurance premium.