Heritage Fund Testimonials

Patty and Bruce Thompson- Long-time WCC Members – “When the information came out, we felt this was a great way to ensure that our memory would live on by sharing our estate to benefit our Church,” Patty says. After all, Patty and Bruce were married in the “new building” in 1951. The former Patty Clough began coming with her family to WCC in 1950 almost immediately after the church moved from Rice Street to its present location. Patty’s younger sister, Joan, was confirmed at WCC in 1957. Patty and Bruce moved to Holdridge in 1953 and shortly thereafter joined WCC. “We have worshiped and worked alongside five senior ministers beginning with Everett Sorensen,” Patty says.

Craig and Larey Anne Swanson’s Reflections – It is sometimes hard to think about your own demise, but getting the estate planning done is easier than thinking about it… for years… so, we drew up a plan and executed it a year or so ago.  Because of this we created a plan that takes care of the kids in the event of our deaths, and leaves Wayzata Community Church as a contingent beneficiary. As we age and the kids become more self-sufficient, this structure gives us the flexibility to leave an outright gift to the church through the Heritage Fund.

IRA Charitable Rollover – On October 3, 2008, Congress passed and the President signed the Emergency Economic Stabilization Act of 2008 (H.R. 1424), legislation that includes a two-year extension of the IRA charitable rollover. The provision, originally enacted as part of the Pension Protection Act of 2006, permits Individual Retirement Account (IRAs) owners starting at age 70 ½ to make charitable gifts totaling up to $100,000 per year from their IRAs tax-free made directly to qualified public charities such as the Wayzata Community Church.

 

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