Gift Planning Arrangements
The following gift planning methods portrayed below are designed to help you explore possible ways of giving while enhancing the quality of life.
Charitable Gift Annuity
Charitable Gift Annuities are a wonderful way of transferring assets to Glen Lake Camp and Retreat Center while receiving regular payments. The payments to you from the Trust each year will be a fixed dollar amount that you will specify at the time the gift is made. Glen Lake Camp and Retreat Center does not issue gift annuities at this time. Please contact the Texas Methodist Foundation for additional information on naming Glen Lake in a gift annuity.
Charitable Remainder Trust
A gift in the form of a charitable remainder trust offers flexibility to you, the donor, while providing a “gift of a lifetime” to Glen Lake. Glen Lake offers both charitable remainder unitrusts and charitable remainder annuity trusts. These remainder trusts serve as gift vehicles that generate income payments and other tax benefits for you. You can establish one of these trusts with Glen Lake by making an irrevocable contribution of cash, securities or real property to the charitable remainder trust.
Charitable Lead Trust
Charitable lead trusts are great avenues to fulfill pledge agreements with cash, stock, real property (or a combination of these assets) placed in a trust. The periodic payments to Glen Lake from the lead trust are ideal for establishing endowed funds or to fund other special projects.
Life Estate Agreement
A life estate agreement provides you the opportunity to deed your residence to Glen Lake, while maintaining use of the property for a lifetime. This method of giving allows you to receive gift and estate tax deductions.
To share the benefits of your stewardship, you can name Glen Lake as the beneficiary to receive all or a portion of the proceeds of an insurance policy. You may desire to take out a new policy with ownership and beneficiary rights assigned to Glen Lake. You may find that this a convenient way to make a special gift on the installment plan. Life insurance is an excellent way to make a large gift at a low cost, and it may allow you a tax advantage.
If you have questions about Gift Planning opportunities at Glen Lake Camp and Retreat Center, please contact the Executive Director, Natalie Davidson at the following phone numbers or by e-mail:
Send gifts by mail to:
Glen Lake Camp and Retreat Center
1102 NE Barnard St.
Glen Rose, TX 76043