Giving Through Your Estate

About Independent Presbyterian Church Foundation

Independent Presbyterian Church Foundation was established in 1960 as a separate charitable entity to support to life and ministries of Independent Presbyterian Church and to invest the church’s long-term funds.  The Independent Presbyterian Church Foundation encourages and receives contributions and seeks innovative and responsive ways to invest in the community and partner charities to serve Jesus Christ in the church, the community, and the world. Many of the funds created in the past have been restricted to specific overseas ministries or other narrow purposes.  The current priority is building the Covenant Fund which is a fund created by many donors that has the greatest flexibility in addressing both church life and community ministries. This type of donor generosity allows Independent Presbyterian Church to continue to enrich worship, meet member needs, and respond to the calls for hope and healing for the least of those who are our brothers and sisters.

Independent Presbyterian Church’s members and donors have given generously to add stability and range to the church’s work for generations to come through annual gifts to support the church’s current ministries, worship, member care, and community investment and estate or deferred gifts to support and expand future ministries and church life.

How Independent Presbyterian Church Foundation Works with the Session of Independent Presbyterian Church

While Independent Presbyterian Church Foundation is a separate charitable entity, Independent Presbyterian Church members elect its board members, oversee its investment management, and oversee its grant making.  The communication and reporting process between the two entities is designed to align goals and missions reflecting the priorities of the Church.

How to Name Independent Presbyterian Church Foundation in Your Estate Documents

1. Legal Name for Estate Planning Documents:  Independent Presbyterian Church Foundation
2. Tax ID “ for Independent Presbyterian Church Foundation: 23-7396600 
3. Address for Independent Presbyterian Church Foundation: 3100 Highland Avenue South, Birmingham, Alabama 35205

Ways to Give Through Your Estate or Deferred Gifts

• Bequests through a will: One of the easiest and most common ways to gift to charity through your estate is a bequest.  You have full use of the assets during life, and transfer the gift to the Independent Presbyterian Church Foundation through your will.
• Bequests through will substitutes, like a trust: Some donors use trusts for estate planning rather than wills and include a distribution like a bequest in the trust.
• Name Independent Presbyterian Church Foundation as the beneficiary of all or part of your retirement plan. Using your retirement plan to make charitable gift is a tax-advantaged way to leave highly taxed assets to charity, while leaving non-tax burdened estate gifts to family members.
• Name Independent Presbyterian Church Foundation as the beneficiary of all or part of your insurance plan. Many donors have life insurance policies designed to fill the asset gap for family.  As they age, these insurance policies may no longer be needed for family and are a great way to benefit Independent Presbyterian Church Foundation or other charities.
• Name Independent Presbyterian Church Foundation as the beneficiary of your financial accounts. Many banks or brokerage firms allow individuals to name beneficiaries of their financial accounts as an easy, simply way to transfer funds to charity.
• Life income gifts: There are gifts such as charitable remainder trusts and charitable gift annuities that pay a donor income for life or for a term with the remainder going to Independent Presbyterian Church Foundation or your favorite charity. Please contact the Foundation for more information on these options.