LEAVE A LEGACY WITH LUTHER PARK
Luther Park is a Place that Changes Lives
“To me, Luther Park is home. It’s where kids can come to be kids. It’s a place that heals a person’s heart and saves their faith. It can change someone’s life in one week.”
— Emilie Springsteen, Former camper and summer staff
Luther Park is a place where faith comes alive. For many, it’s a refuge of belonging, growth, and hope. Through your legacy gift, you help ensure this sacred space continues to nurture generations to come.
The people who founded Luther Park Bible Camp back in 1932 were people of vision.
The vision was that future generations would need and appreciate a place like Luther Park where people would gather around the Word, hear and heed the call of God in Christ, and build their lives upon the same faith that sustained the founders. In order to financially support that mission early donors established what is now known as the Endowment Fund, a Fund to which gifts are made to principal and only the interest is distributed.
A gift to the Endowment Fund will continue to benefit Luther Park long beyond our lifetimes and will assure that the Park will have the means to provide opportunities for people of all ages to be drawn close to Christ, the church and each other. Currently, 90% of the annual Fund income is distributed to the Park to fund camperships. As the fees charged by the Camp do not cover the the actual costs for the campers, these distributions make it possible for the Camp to offer a Christian camp experience to all who desire to do so.
There are many ways in which a gift to the Endowment Fund may be made during one’s lifetime or in a testamentary document (will, testamentary trust, etc.). Further general information can be provided by contacting Luther Park but specific information should be obtained from your investment adviser or attorney.
Let us continue the vision of the early founders for our current and future generations!!
Why give to the Luther Park Endowment?
A gift to the Endowment Fund is more than a donation—it’s a long-term investment in life-changing ministry. Endowment gifts help fund camperships and support the future of our year-round ministry.
Your contribution ensures Luther Park can continue to offer opportunities for all people to draw close to Christ, the Church, and each other for years to come.
Legacy Giving Options
Assign a Bequest in Your Estate Plan
A charitable bequest is a common, simple way to include Luther Park in your estate plan. A bequest to Luther Park is free from federal and state taxes and can be made at any time, or alternatively, it can be contingent upon the death of the beneficiary. A bequest is a gift of personal property in the form of cash, stocks, bonds, or other assets. It is deducted from your estate total, offering potential savings by decreasing the value of the estate subject to taxation.
Qualified Retirement Plan or IRA Required Minimum Distribution
Approaching the age at which you are required to take IRS-determined minimum annual distributions from your IRA or 401(k) can create a stressful situation by increasing your taxable income. Contributions made directly to charities become Qualified Charitable Distributions that may provide you with tax savings. Naming Luther Park as one of your beneficiaries can also create tax efficiencies for your estate. Alternatively, you can designate a contingent beneficiary upon the death of the named beneficiary.
Consider Naming Luther Park in Your Life Insurance Policy
Life insurance policies offer several options for giving. For example, you can donate a paid policy that you no longer need by naming Luther Park as the beneficiary and policy owner. In return, you’ll receive an immediate tax deduction based on your cost basis in the policy, and the full face value of the policy may reduce your estate’s taxable value.
Begin Legacy Giving During Your Lifetime with a Donor-Advised Fund
A Donor-Advised Fund (DAF) is a charitable investment account set up for the sole purpose of supporting causes important to you. When you contribute to a DAF, you can usually take an immediate tax deduction. The funds are invested with tax-free growth and can then be distributed to any IRS-qualified charity—like Luther Park.
Designate Your Thrivent Choice Dollars
Each year, Thrivent members have the opportunity to designate available Thrivent Choice Dollars to a qualified charity. There is a deadline each year to make this designation, so timely action is important. Designating Luther Park is a simple, impactful way to use this benefit.
Legacy Giving Guidance
Anyone can make a bequest or legacy gift—there is no minimum amount required. We recommend you consult with your estate planning advisor or tax accountant to discuss how a planned gift will work best for you and Luther Park.
Federal Tax ID: 39-6076188
Need Help Getting Started?
Let us help you discern the best path for your legacy.
📞 Call us at (715) 859-2215 or 📧email us [email protected] to talk more.
