Donor Advised Funds
Donor Advised Funds could be considered as a family Endowment that you remain involved with by recommending distributions of both principal and income from the fund to ministries of the United Pentecostal Church.
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The United Pentecostal Church is blessed to have a person like Brother Drury directing our Stewardship Department. It was through him that we learned of the Donor Advised Fund in the Foundation. This is a fund whereby one can make a cash contribution of a desired amount. That contribution is placed in an investment fund directed by the Foundation. The donor has the privilege of directing proceeds, and even principal if desired, from those funds for support to any UPCI ministry they wish. Examples are: a Bible school of choice, Home Missions, Foreign Missions, Urshan Graduate School of...Albert & Gayle Skaggs - Read More
We have chosen to purchase a Charitable Gift Annuity with the United Pentecostal Foundation because it is a win/win proposition. You receive quarterly payments at a higher rate of return than the bank, with the payments partially tax-free. The tax deduction received when you purchase the Gift Annuity is a great blessing too. In the past we have purchased other Charitable Gift Annuities, but when the Foundation started offering them, there was no question—we would buy the next ones from the United Pentecostal Foundation. Why? Because at the end of our lives, the balance of each annuity...Jack & Margaret Durr - Read More
When I walked across the street to tell my nephew that I would provide the necessary funds to help complete their international adoption, I felt the Lord’s presence walking with me. Twenty-one years later, their little baby girl is now a beautiful, Apostolic lady filled with the Holy Ghost and baptized in Jesus’ name. When her grandfather (my younger brother) was diagnosed with terminal cancer, she moved 1,000 miles to help her “Grandpa and Grandma.” Little did I realize the blessing God would return simply because I obeyed His voice. When I chose to give a sizable...Joanne Velie - Read More
Our desire to participate in the United Pentecostal Foundation stemmed from our awareness of God’s blessings to our family and a desire to invest in something with a lasting impact. Being a middle-class family, we approached our lawyer about our wishes and soon realized the expense of establishing a Trust Fund was prohibitive for the amount of funds we had available. The United Pentecostal Foundation provided us an avenue of meeting our goal with no cost to us. We chose a Donor Advised Fund as we wanted our family to be involved in the designation of the funds. Our enthusiasm grew as...Dusty, Deanna & Katelyn Young - Read More