Aldersgate United Methodist Church (UMC)
 Permanent Endowment Program (PEP)

Donation Guidelines

Cash
Any cash payment directed to the Permanent Endowment Program (PEP) should specify either the undesignated Permanent Endowment Fund* or a designated endowment fund (e.g., Mission Endowment Fund, Property Endowment Fund, Donor/Named Endowment Fund). 

Checks
 Any check directed to the PEP should be Made Payable To:  Aldersgate UMC, and in the For section of the check, specify either Permanent Endowment Fund* or a designated endowment fund (Mission Endowment Fund, Property Endowment Fund, Donor/Named Endowment Fund).

Appreciated Securities
Any securities (stocks, mutual funds, bonds, etc.) directed to the PEP should first be discussed with the Permanent Endowment Fund (PEF) Committee as there are tax implications/savings information that can be provided.

Property Transfer
Any property (land, real estate, personal items, etc.) directed to the PEP should first be discussed with the PEF Committee to confirm transfer procedures and their acceptance of the property.

Life/Term Insurance and Annuity
 A beneficiary designation from an life/term insurance policy or annuity directed to the PEP should specify in the Beneficiary Section the church to receive the gift; either the undesignated Permanent Endowment Fund* or a designated endowment fund (Mission Endowment Fund, Property Endowment Fund, Donor/Named Endowment Fund); and dollar amount or percent of estate.  Example wording such as: “Aldersgate United Methodist Church, 6610 Vaughn Road, Montgomery, Alabama 36116, to benefit the Permanent Endowment Fund ($$$$ or XX %).”

Will Bequest
 A bequest in a Will directed to the PEP should specify the name of the church to receive the gift; either the undesignated Permanent Endowment Fund* or a designated endowment fund (Mission Endowment Fund, Property Endowment Fund, Donor/Named Endowment Fund); and dollar amount or percent of estate. Example wording such as: “I devise and bequest of my estate ($$$$ or XX %) to the Permanent Endowment Fund or its successor, and ($$$$ or XX %) to the Mission Endowment Fund or its successor, to benefit Aldersgate United Methodist Church, located in Montgomery, Alabama.”  

Charitable Gift Annuity
 A gift annuity with the Alabama-West Florida United Methodist Foundation should specify either the undesignated Permanent Endowment Fund* or a designated endowment fund (Mission Endowment Fund, Property Endowment Fund, Donor/Named Endowment Fund).  Example wording such as: “Permanent Endowment Fund, Aldersgate UMC, Montgomery, Alabama”.

* Note:  Any of the above gifts donated to Aldersgate UMC’s PEP without specifying a endowment fund will be directed to the undesignated Permanent Endowment Fund.

 This information is not intended as legal, tax or investment advice.  Please consult your attorney, tax professional or investment professional for advice.