The Mile Hi Church Foundation was created in 1983. It is a separate nonprofit entity that receives financial gifts and manages its growth through an endowment. The endowment provides long-term financial stability and growth for the Church.
You can help preserve the future of Mile Hi and help grow the endowment with your generous consideration of:
• Immediate gifts over-and-above a General Fund contribution
• Bequest in a Will
• Beneficiary designation
• Charitable Gift Annuity
• Deferred Charitable Gift Annuity
• Charitable Remainder Trust
• Charitable Lead Trust
• Retained Life Estate
We can help identify creative ways for you to participate with the Foundation while providing you substantial financial benefits such as lifetime income and charitable tax deductions.
A little planning today will ensure that the things you treasure in life are supported after your transition and that your legacy continues.
We ask that you prayerfully consider the following:
Bequests in Your Will
Naming the Mile Hi Church Foundation as a beneficiary in your will provides the funds that help grow the endowment. Examples include:
• Leaving a percentage of an estate to the Foundation
• Giving a specific dollar amount
• Gifting personal property, artwork or jewelry
• Donating real estate
Charitable Gift Annuity
You can fund a Gift Annuity with cash, securities, or mutual funds and receive the following benefits:
• Fixed annual payments for life
• A charitable income tax deduction
• Partial payment tax-free
• Rate of return based on age—it will never change
Charitable Remainder Trusts
A Charitable Trust allows the transfer of cash, stocks, bonds, mutual funds or real estate into a Charitable Trust Agreement. This type of Trust can be created in one of two ways:
• Charitable Remainder Trust
• Charitable Lead Trust
Retained Life Estate
The Life Estate Contract allows you to donate your home to the Foundation during your lifetime while retaining the right to live there for the rest of your life and still receive a charitable tax deduction. This gift can be your primary residence or vacation home.
To find out which Foundation gift option is best for you, consult your financial planner, tax adviser, or ask a Foundation representative to provide you a list of knowledgeable professionals that can help bring your dream into reality.
A Beneficiary Designation includes naming the Mile Hi Church Foundation as a:
• Full or partial beneficiary of an insurance policy
• Full or partial beneficiary of a retirement plan
• Full or partial beneficiary of a mutual fund or securities account
Charitable Lead Trust
A Charitable Lead Trust is a gift plan that allows an individual to retain ultimate possession of an asset while making a generous gift to charity. The donor transfers assets, usually cash or securities, to the Trust. The donor receives an income tax deduction equal to the value of the income stream promised to the charity.
During the Trust’s term, the assets are invested. Each year, the trustee pays either a fixed percentage of the Trust’s current value. Or a fixed dollar amount to charity. These payments are used for the charitable purpose the donor designates.
Although the Trust’s term may be for one or more lifetimes, a specific number of years (10-20 years is common) is almost always used. Payments are made out of trust income, or trust principal if the trust income is not adequate.
When the Lead Trust term ends, its charitable payments cease and the trust returns all of its accumulated assets back to the donor.
“In 2012 and 2013, my grandmother, mother, aunt, and two best friends made their transition. My grandmother had left my mother a small estate; however, Mom passed soon after, leaving it to me and my sister. Because a strong belief in our spiritual teachings was the common thread among all of these women, as it is for me, I knew what I had to do to honor them properly. I made a gift in my mother’s name to the Mile Hi Church Foundation. I know that today, and every day, their legacy is making sure our church’s vital teachings will endure for generations to come. My decision to give this gift to the Mile Hi Foundation makes me content in a way that nothing else could.”
“Judith and I have had wills for some time, and Mile Hi Church had been a part of those wills for many years. Including the Church was an easy decision for us to make: why would we not help our spiritual home to continue to thrive after we were no longer on the planet making regular donations on Sundays? Each year, as we review our estate plan, we look at the amount designated for the Foundation and determine if we want to add more to it (which we have actually done). We feel a very strong sense of commitment to continue that planning and are considering participating in the planned Giving While Living program for the Foundation.”
Bob and Judith Brocker
“I have been a long-time member of Mile Hi Church, serving as a practitioner for eight years and two terms on the Board of Directors for the Foundation. Prior to these acts of service, I was a charter member of the Nautilus Society. I knew even then that it was an important vehicle to show my faith and support of my spiritual home. My gift to the Foundation is portion of my life insurance proceeds to be distributed once I have transitioned into my next great adventure, and, although life has chosen another path for me and I am no longer a member of Mile Hi Church, I am still with the church in spirit and intend to retain my pledge to the Church for what it has given me in this life.”
“I began attending Mile Hi Church at the age of nine. It was Spring 1961, and the venue was a quaint building which still stands at 2501 Chase Street in Edgewater. My dad was “The Announcements Guy,” and my mom taught Sunday school in the church basement. My two siblings and I accounted for, easily, twenty percent of the students. I have very vivid and fond memories of that building and of Rev. Roger Miller, the church’s founder, who became a close family friend, went on to become Dr. Roger Miller, and eventually officiated my wedding. The teachings of Mile Hi Church have the power to change the world, and the mission of the Mile Hi Church Foundation is to ensure the financial future of the church. Therefore, naming Mile Hi Church Foundation as a beneficiary in my will was not a decision. It was a given. It is my great privilege to give back to the church that has been such an important part of my life.”
“As my husband and I approached the age of 50, we began to think more deeply about what really matters in our lives. This introspection and discussion was caused by our desire to ensure that after our transitions, our estate supports what we value most. After watching our families deal with messy estate distributions due to poor planning, we didn’t want to leave our estate’s asset distribution to chance. We feel so good about committing a portion of our trust to MHCF. We know that while we are alive, we have full access to our resources. When we transition, there is no doubt where our money will go. It was easy to set this up. We spent just a couple of hours with an estate planning attorney who easily drew up a trust to be divided according to our wishes. Now we know that the Science of Mind teachings that are so important to us will be sustained so that people just like us can find their spiritual home like we did.”
Leslie and Erik Lassi
Stay up-to-date with the latest Foundation news through our blog updates. Here you’ll find Foundation updates, endowment tracking, workshops and events, and stories from some of our beloved contributors. If you’d like to share a story or experience, or if you’re a writer interested in volunteering to support our blog efforts, send us a note via the contact form below or email email@example.com.
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