Bequest
You can name Mary’s Pence as a beneficiary of your will by replacing or amending your current will. There are many options including leaving a specific amount or percentage, leaving all or a portion of what remains after expenses and other bequests, and designating your bequest as a tribute to a loved one. Those who wish to be publicly recognized will be honored in the Mary’s Pence Legacy Circle. We honor all requests to remain anonymous.
“What is God’s plan for us? That we simply love each other. My faith is based on this. Watching Mary’s Pence carry out God’s plan to love one another has deepened my faith more than I could ever have imagined.”
– Elizabeth Meylor, Donor from 2008 – 2023
Beneficiary of your Retirement Plan
Mary’s Pence can be named as a beneficiary of Qualified Charitable Distributions. No estate or income tax will be payable if retirement benefits are paid to Mary’s Pence. In many cases, no lawyer is needed – just list Mary’s Pence as the main or contingent beneficiary of your plan. See our 2020 Legacy Giving brochure for more information.
Beneficiary of your Life Insurance Policy
A gift of a life insurance policy is a way to benefit Mary’s Pence without reducing your income or savings. Many people buy life insurance to provide for their children and spouse, but once children are grown many people find they no longer have need of their policy. In donating your policy to Mary’s Pence you may receive a tax deduction. You may also decide to keep the policy, but name Mary’s Pence as the main or contingent beneficiary.
