Become a Legacy Partner
Cooperative Baptist Fellowship Foundation of Florida
The Cooperative Baptist Fellowship Foundation of Florida was chartered in 1994 for the purpose of “generating resources to support the work and ministry of CBF Florida.” It functions as a separate corporation from CBF FLORIDA, INC. but with close working relations. It accomplishes its mission by assisting those who wish to support the Fellowship with a wide variety of stewardship opportunities. One of the tools it has at its disposal is in the area of estate planning and planned giving. In its efforts to grow the endowment needed to help secure the future work of CBF Florida, the Foundation launched THE LEGACY PARTNERSHIP.
THE LEGACY PARTNERSHIP
What It Is
The Legacy Partnership has been established to grow the endowment that will be sufficient to support the on-going operations of CBF Florida. While the primary tools it will use to accomplish its mission will be in the areas of estate planning and planned giving, it will also continue to receive current gifts as well.
How It Works
Through a variety of promotional activities, individuals will be given the opportunity to make CBF Florida a part of their estate planning. The opportunities available in planned giving allow individuals to provide support for CBF Florida through methods that require no commitment of current resources but through the future estate plans explained in the next section. It is the hope of the Foundation that those who love CBF Florida and have been so faithful in their current giving and support, will now want to join the many others who have made provisions for the Fellowship in their estate plans.
Legacy Partnership Tools
The most common tool used to support the Fellowship is a bequest in the will. Individuals may leave a specific dollar amount or a percent of estate value. Everyone who supports the Fellowship on a regular basis should consider making a bequest to the Fellowship in their will. The testamentary trust or living trust are also convenient and easy tools to establish for the support of the Fellowship. Charitable remainder trusts and gift annuities are also estate planning vehicles that can be used. Life estate agreements which involve the use of a home at some time in the future is also a popular tool used. Life insurance products are also valuable tools in planned giving. These and many other opportunities are available to those who love and support CBF Florida and want to make it a part of their future plans.
If you are interested in learning how you can help endow the future of CBF Florida, contact Ray Johnson, Coordinator, 863-682-6802 or tsnyder@floridacbf.org.