One could say that Anna Lind was like other Wisconsin Lutheran College friends and donors. Like other loyal supporters, she loved the mission of WLC. One significant exception, however, is that Anna was a faithful supporter when she was 100 years old. The Lord called Anna home on November 28, 2014 at the age of 101. We are grateful for her friendship and support she shared with Wisconsin Lutheran College.
Although generations apart from the students she supports, Anna has become a long-distance fan of WLC and its mission to prepare young men and women for lives of Christian leadership. Over the years, Anna has acted on her love of this mission. She continues to live her motto of "God's money, not mine!" as she supports WLC (through a planned gift)-a ministry that has become near and dear to her heart.
Visit with her and you are impressed with her vitality and her joy in supporting the work of the college. Running out of gas? Not Anna. Talking with her is an energizing experience; she shares her enthusiasm about WLC with her fellow sisters and brothers at her congregation, Open Bible Church in Oxford, Florida.
Like other supporters of WLC, Anna generously gives. But she also encourages others to support WLC in a number of ways-to be an advocate for the college, to pray for the college and to financially support the college as they are able. Knowing Anna makes it easy to praise our wonderful God for providing friends like her and many others who continue to demonstrate their love for WLC.
Anna Lind's story may remind you of another Anna whose life reflected her love for her Savior. The Bible tells the story of Anna of the temple, who although she was of advanced age, was a woman of God who concentrated her remaining energy on serving God daily.
Anna Lind's words and actions continue to support a college, 1,100 miles away, which is preparing the next generation of Christian men and women who will positively impact their families, churches, workplaces and communities. Thank you, Anna, for being part of the WLC family.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
A charitable bequest is one or two sentences in your will or living trust that leave to Wisconsin Lutheran College a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.
an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan
"I give to Wisconsin Lutheran College, a nonprofit corporation currently located at 8800 W. Bluemound Road, Milwaukee, WI 53226, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
able to be changed or cancelled
A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.
cannot be changed or cancelled
tax on gifts generally paid by the person making the gift rather than the recipient
the original value of an asset, such as stock, before its appreciation or depreciation
the growth in value of an asset like stock or real estate since the original purchase
the price a willing buyer and willing seller can agree on
The person receiving the gift annuity payments.
the part of an estate left after debts, taxes and specific bequests have been paid
a written and properly witnessed legal change to a will
the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will
A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to WLC or other charities. You cannot direct the gifts.
An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.
Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.
Securities, real estate or any other property having a fair market value greater than its original purchase price.
Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.
You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to WLC as a lump sum.
You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to WLC as a lump sum.
A beneficiary designation clearly identifies how specific assets will be distributed after your death.
A charitable gift annuity involves a simple contract between you and WLC where you agree to make a gift to WLC and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.