Gifts made through your will or living trust may be for specific sums or for a specific percentage of your estate. The estate will receive a charitable deduction for the market value of the property passing to Covenant Seminary. Including us in your will is as simple as adding the following statement to your will or trust:

"Covenant Theological Seminary is to receive the sum of [indicate a specific percentage or amount]. This bequest is unrestricted and the Board of Trustees or other governing body may use and expend the same for the benefit of Covenant Theological Seminary in any manner it deems appropriate."

Ownership of a life insurance policy can be transferred to the Seminary, which in turn yields tax benefits to you. Any subsequent premiums paid by you on the gifted policy may also qualify as a charitable donation.

Making a provision for gifting to Covenant Seminary from your retirement plan assets can be one of the most tax-efficient strategies you can employ as part of the distribution of your estate.

Charitable remainder trusts provide current income for you or your surviving beneficiaries and allow the Seminary to benefit from the remainder interest at a specified time in the future (usually the donor’s or surviving beneficiary’s death).*

A gift annuity is a simple, contractual agreement between you and Covenant Seminary in which you transfer cash or appreciated assets to the Seminary in exchange for our promise to pay you or your surviving beneficiary payments for life.*

A charitable lead trust provides current income for Covenant Seminary for a number of years and the principal is returned to the designated beneficiary after a predetermined length of time.*