Letter from our President

Dear Friends,

Thank you for visiting Florida Baptist Children’s Homes planned giving site! It is my desire that this be a tangible benefit to you and your family.

Statistical studies show that 55% of Americans die* without a will or an estate plan. The impact of this on your children, on your surviving spouse, on your taxes and on legal fees is immeasurable.

There are many reasons people do not have a will in place, including the expense, the complication, the time consumption, the confusion, the fear of dying and the assurance that property will ultimately be passed on to the intended beneficiaries.

Our goal is to provide you with easy to understand/or contact our staff for answers to additional questions. All information entered into the calculation is confidential.

The impact of including Florida Baptist Children’s Homes in your will or estate plan is tremendous as it helps us extend the reach of our ministry. More than 80% of our annual budget comes from private support – from friends like you. In 2020, private support helped us impact 324,409 children and serve more than 19 million meals.

Thank you for considering Florida Baptist Children’s Homes as you begin this important planning process. And thank you for helping us reach ONE MORE CHILD.

Jerry Haag, Ph.D., CFP®
President/CEO
Florida Baptist Children’s Homes and One More Child

*Statistic from America Bar Association

55% of

Americans die

without a will

or estate plan

Planned Giving

The term “planned giving” refers to charitable gifts that require some planning before they are made. Planned gifts are popular because they can provide valuable tax benefits and charity. Some of the potential benefits of planned gifts include:

  • Increase current income for the donor or others
  • Reduce the donor’s income tax
  • Avoid capital gains tax
  • Pass assets to family at a reduced tax cost
  • Make significant donations to charity
View Planned Giving Options

With the assistance of a well-informed development officer and a charity.

HERITAGE CLUB

Join the Club

Everyone who includes the Children’s Homes in their estate plans automatically becomes part of our Heritage Club, which is our way of honoring those who have remembered the Children’s Homes with a future gift. Please contact Averitt Ennis at Averitt.Ennis@FBCHomes.org or 863.687.8811 if you have included the Children’s Homes in your estate plans so we can formally recognize you.

Following is the official information you will want to include on documents prepared by your attorney or financial advisor to designate bequests to the Florida Baptist Children’s Homes.

Corporate name: Florida Baptist Children’s Homes, Inc.
Address: 1015 Sikes Blvd., Lakeland, FL 33815
Federal Employer ID number: 59-0657326
Contact Name: Chief Financial Officer

Types of Planned Gifts

Charitable Gift Annuity

A Charitable Gift Annuity is an agreement between an individual/couple and, in turn, receives fixed payments for the remainder of their lives, guaranteed by the full worth of the charity, usually at a greater return than current investments. For example, let’s say an individual age 70 buys a gift annuity from Florida Baptist Children’s Homes for $10,000. If the Gift Annuity Rate for a person of that age is 6.7% annually (for current rates used by Florida Baptist Children’s Homes, contact Averitt Ennis), he or she would get $670 per year for their lifetime. The rate is determined by the person’s age when the contract is made. Payments may be made monthly, quarterly, or annually. Income from a gift annuity can be deferred for a period of years. Deferred gift annuities are often set up by younger donors to supplement retirement income.

Charitable Remainder Trust

This trust makes payments, either a fixed amount (annuity trust) or a percentage of trust principal (unitrust), to whomever the donor chooses to receive income. The donor may claim a charitable income tax deduction and thus can be helpful in retirement planning.

Retained Life Estate

A donor may make a gift of his or her personal residence or farm to charity and retain the right to live there for the remainder of his or her life. The donor receives an immediate income tax deduction for the gift. At the donor’s death, the charity can use or sell the property.

All gifts to the Florida Baptist Children’s Homes are tax-deductible as allowed by law, and all are deeply appreciated!

  • Cash
  • Stocks
  • Bonds
  • Certificates of Deposit (CDs)
  • Real Estate
  • Personal Property
  • In-Kind Goods or Services

Bequest

When a donor decides to leave assets to charity in his or her will, he or she is making a bequest. The donor’s estate will receive a charitable estate tax deduction at his or her death, when the gift is made to charity. Everyone should have a will.

For questions, please contact Averitt Ennis at 863.687.8811 or Averrit.Ennis@FBCHomes.org.