It's Your Life. It's Your Legacy.
Christian Veterinary Mission's work today is made possible by faithful supporters who continued their giving by leaving a bequest. After you've cared for the ones you love, a beqyest to CVM will become your greatest gift as you provide a tangible and lasting legacy to international and domestic communities that rely on having healthy animals.
Through thoughtful planning, prayer, and careful preparation, our shared desire to express Christ's love through veterinary medicine will continue. We'd love to hear if you've chosen to include us in your will-but you don't have to tell us. If you do choose to let us know, we'd like to thank you and pray the Lord's blessing on your decision.
The Impact of Your Legacy
The impact of your legacy will bring transformation and help start a life-changing journey for an individual, for a family, or for an entire community in need. The families in these communities want the opportunity to change things for themselves- to build a brighter future for their children, and to live in a more fair world. By including Christian Veterinary Mission in your will, you make this possible.
The rewards of your life- your ultimate legacy- is a blessed promise of support to your children's children, and we can't thank you enough.
How to Leave Your Legacy
It can be daunting to consider how to begin to leave your legacy. But the good news is that a simple will can take as little as one hour to put together. Having a valid will means that what you own goes directly to the people and causes you care most about. There are a number of ways to incorporate a planned gift through your will.
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Including CVM through a bequest in your will or Revocable Living Trust is one of the most common ways to make a planned gift. Such gifts can enable you to make a significant contribution that might not be possible during your lifetime.
Bequests maintain flexibility as they can be structured in many ways and altered to fit your changing life and charitable goals.
Sample bequest language can take several forms. A couple of different examples include:
“I give the sum of $____ to Christian Veterinary Mission of Seattle, WA, or its successor organization to be used for its general purposes.”
“I give ___% of my residual estate of to Christian Veterinary Mission to be used for support of short term missions.”
Charitable Remainder Trusts
Establishing a charitable remainder trust can unlock your ability to make a significant gift to benefit CVM, by addressing many financial and family concerns. With such a trust, you (or others you designate) receive annual income from the trust for life or a set number of years. And the end of the trust’s term, CVM will receive the remaining trust assets to continue its ministry.
A trust can be established with a gift of property or appreciated stock as well as cash, providing some additional tax benefits like avoiding the capital gains tax. Additionally you will receive a tax deduction for the present value of the remainder interest at the time of funding.
If you believe establishing a trust will help you meet your financial and charitable goals, please contact Dr. Kit Flowers.
Like all gifts to CVM, donation to endowments help veterinarians live out their Christian faith by serving others through their profession. Donations to endowments are a particularly powerful way since they provide consistent, reliable support allowing CVM veterinarians to continue transform lives and communities for generations to come.
Unlike other gifts, the entire amount of the donation is invested. Each year, a percentage of the endowment’s value is distributed to support CVM. Any remaining earnings are re-invested to ensure growth, maintaining the endowment’s funding impact far into the future.
There are two ways you can provide for CVM’s future through endowment giving: the CVM Endowment and Named Endowments.
CVM’s Endowment Fund (CVMEF) has been making a difference for Christian veterinarians around the world since early years of the organization. The fund provides support for meaningful programs overseas that cannot be included in the regular budgeting process. For example, many veterinarians in Nigeria were able to engage in a Christian conference for the first time at the Servant Leadership Conferences made possible by funding from the CVMEF.
A donation to the CVMEF is truly a gift that keeps on giving. The principal of the fund is not utilized, so only the earnings are spent. As the principal grows, more money is available for projects that teach and train veterinarians around the world.
Gifts of any amount to the CVMEF will bless our ministry and provide for the future success of our ministry. For more information about the CVM Endowment Fund, click here.
Establishing a named endowment creates a lasting legacy of generosity by providing consistent, reliable support for the ministry you are passionate about. Named endowments bless both the giver and receiver. They are a meaningful way to ensure your charitable goals are fulfilled and transform communities for generations to come. Some frequently asked questions are:
Cost to create a new endowment:
A minimum funding level of $20,000 is required to establish a new named endowment. We can guide you through the different avenues to achieve the necessary funding level, including over a multi-year period or through your estate plans.
Can I customize the name of the endowment?
Yes! Endowments can be named for a donor or spouse. They can also be named in honor of someone the donor wishes to recognize, like a favorite fieldworker.
Can I specify a specific area for the endowment to support?
Yes, as long as it fits within the overall mission of CVM. The purpose and use of the endowment is documented within the Endowment Agreement establishing the fund.