FINANCE
MINISTRY
The Mission of the
Finance Ministry is to support and
serve it's members and ministries
of Friendship Baptist Church, to
be obedient to God's will for the
purpose of achieving the financial
goal "vision," of Friendship
Baptist Church through prayer, financial
and estate planning education and
is committed to financial reporting
that is timely, accurate and meaningful.
Programs and Services
Dollars and Sense: This is
a weekly Sunday Bulletin featuring
articles on "personal financial
fitness." It includes exciting
and informative articles on goal
setting, budgeting, insurances,
investment, tax planning, financial
and estate planning.
Seminars and Workshops: In
addition to the weekly bulletin
articles on "personal financial
fitness," the stewardship ministry
offers a variety of finance related
seminars and workshops. Adult and
youth workshops planned for Stewardship
Day (November of each year) including
classes on "Obeying and Listening
to God in Our Time, Talent and Tithes."
Also, throughout the year the Finance
Ministry sponsors Wills and Trust
Preparation Workshops, and Estate
Planning Workshops. Refer to the
calendar for upcoming events.
Gift Giving
Ten ways to support Friendship Baptist
Church without writing a Check!!!
- Payable on Death
- with CD's, brokerage accounts,
etc. You can file a form with
your bank or other institution,
making the Friendship Baptist
Church the recipient of those
funds upon your death.
- Retirement Accounts,
U.S. Savings Bonds - If Friendship
Baptist Church is named the death
beneficiary of an IRA or receives
bonds through a will or trust,
income taxes are avoided and the
value also qualifies for an estate
tax deduction.
- Real Estate - A
gift of your home or other property
can make an excellent gift. You
can reserve the right to live
in the property for your lifetime.
- Life Insurance
- You can give the Friendship
Baptist Church a policy or name
it as the total or partial beneficiary
of your life insurance.
- Charitable Lead
Trust - Gift tax and estate tax
savings are possible from trusts
that pay income to Friendship
Baptist Church for a number of
years and then distribute assets
to family members.
- Charitable Remainder
Trust - You can receive income
for life from gift assets as well
as an immediate income tax deduction.
- Living Trust -
Placing property that you wish
to give away into a Living Trust
with Friendship can be convenient
and simplify the settling of your
estate. You continue to manage
and control the property.
- Appreciated Stock
or Mutual Fund Shares - You avoid
capital gains tax and can deduct
the full fair market value for
shares held more than one year.
- Gift Annuity -
You can give cash or stock and
receive a guaranteed, favorably
taxed income for life-plus a deduction.
- Bequest in a Will
- You may continue your lifetime
support of Friendship Baptist
Church and its Ministries by "endowing"
your gifts through a bequest.
For more information contact the Director of Finance, Antoinette Owens
714/579-7078 or E-Mail: aowens@thefriendshipchurch.org
