"We were passionate about the mission. I wanted to make a gift in his name."

Her attorney recommended naming the nonprofit as beneficiary of her IRA - an asset that would otherwise face income and estate taxes if left to heirs.

"It was so easy," Joanne said. "I completed a beneficiary form and mailed it in. The organization was touched, and I know Hal would be proud."

What is a beneficiary designation gift?

A beneficiary designation gift is a simple way to make a gift to support Missouri Baptist Foundation by designating us as a beneficiary of your retirement, investment or bank account or your life insurance policy.

Beneficiary designation video

Is a beneficiary designation gift right for you?

If you own a qualified retirement plan, such as an IRA, 401(k) or 403(b) and would like to make a charitable gift, your family or your estate might benefit if you update your beneficiary designation form naming our organization as a beneficiary. Beneficiary designation gifts may help your heirs avoid paying income tax on certain inherited assets and may help your estate avoid estate taxes.

If you have questions about making a beneficiary designation gift, please contact us. We would be happy to work with you and answer any questions that you have.

Please note: The information above is representative of a typical donor and may or may not be an actual donor to our organization. Since the benefits of each gift may be different, you should seek the advice of your legal, tax or financial advisor.