“How much should I leave to Grace Christian University and the other ministries close to my heart?” It’s a question that many faithful supporters ask as they work out the details of their wills or trusts. The answer depends on your unique situation, goals, and the legacy you want to leave behind. But for many families, three common models stand out as impactful ways to give.
1. Give a Percentage or Tithe
One simple way to include giving in your will is by allocating a percentage of your estate toward Grace Christian University and other Kingdom-focused causes. Some individuals choose to designate ten percent as a reflection of their lifelong practice of tithing, ensuring that generosity continues as part of their family’s story.
2. Name Charity as Another Child
Another approach is often called the “child named Charity” model. Here’s how it works: if you have four children, you divide your estate into five parts. Each child receives one part, and the fifth part goes to the ministry or charity of your choice. This method treats your giving as an integral part of your family legacy while still providing generously for your children.
3. Give from Your Assets
Many people choose to give gifts of assets in their wills. This might include real estate, business interests, retirement accounts, machinery, or even personal collections. Often these assets carry special meaning, or perhaps your children no longer need them. In other cases, donating certain assets can help protect your family from unnecessary taxes while supporting ministries you care about deeply.
This blog is intended to provide general information and is not meant as tax, legal, or financial advice. Always consult with your trusted advisors to determine what’s best for your situation.
Need Help Deciding?
If you’re wondering which giving option best reflects your goals and values, talking with someone you trust can make all the difference. Through Grace Christian University’s partnership with Barnabas Foundation, you have access to trusted planning support at no cost to you. A Barnabas planner will walk alongside you to create a plan that honors God, cares for your family, and supports ministries close to your heart.
To learn more, reach out to Pete Tilden at (616) 298-0771 or email ptilden@gracechristian.edu
