The Legacy Fund was created in 2004 to provide an endowment fund for members to provide gifts, bequests and a variety of financial trusts to support ministries of the First United Methodist Church. The fund operates by placing monies into an investment account under an outside investment manager.

Bequest of cash

Members may give to the fund by placing a simple codecil in your will that says,"I bequeath the sum of $________  to the Legacy Fund, First United Methodist Church of Boise, ID."

Bequest of a percent of the estate

"I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to Legacy Fund, First United Methodist Church, Boise, ID."

Contingent Bequest

If you would like to give a gift to the Legacy Fund in your will, you should clearly identify the Legacy Fund of the First United Methodist Church, Boise Idaho. Such gifts become part of the Legacy Fund and are intended to be a permanent endowment that contributes a portion of interest and dividends to the missions of the church. Distributions from the fund earning are made annually if the fund has grown sufficiently. All distributions are reviewed by a committee of the Senior Pastor, lay leader, chairman of the Church Council and chairman of the Legacy Committee.

In Idaho, making your last will and testament will protect you, your family and your property. Writing a will in Idaho may have several purposes. You may want a will to leave property to children, friends or your church. A will allows you to specify a guardian for minor children and to manage any property you leave to them. In your will you may name a personal representative to carry out your wishes.

The United Methodist Foundation maintains a website on Planned Giving using Trusts. On the site you may build a presentation that shows the income and tax benefits for you. You may view a unitrust, annuity trust, gift annuity, deferred gift annuity, sale and unitrust or gift and sale. The site is under "Create Your Plan" on the Methodist Foundation website.