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Planned Giving

Shared Vision …
  

Transforming Lives …
  

Promoting Justice …

 

Get on board and share in our vision to transform lives by
working with others to promote a more just and compassionate world.

Put Maryknoll lay missioners in your will

           and become a member of the

     Dr. Harry Blaber
     

Circle of Compassion

 

 

Making a bequest to Maryknoll Lay Missioners is one way of making a larger gift than you thought was possible. It involves no immediate loss of capital or income, and tax benefits minimize the ultimate cost to one’s heirs. Please talk with an estate planning professional about putting Maryknoll Lay Missioners in your will and let us know of your thoughtfulness.

A gift by bequest removes assets from the donor’s taxable estate, potentially placing that estate in a lower tax bracket. Unlike charitable income tax deductions, there are no percentage limitations on gifts by bequest. A gift by bequest may be incorporated into a will when it is written or added to an existing will as a codicil.

 

THERE ARE SEVERAL DIFFERENT TYPES OF BEQUESTS:

SPECIFIC BEQUEST  identifies a dollar amount, a percentage of an estate, or particular assets to pass to Maryknoll Lay Missioners.

RESIDUARY BEQUEST — states that all or a portion of an estate will pass to Maryknoll Lay Missioners only after all other beneficiaries under the donor’s will have been recognized and costs of settlement of the state have been paid.

CONTINGENT BEQUEST — in the event the primary beneficiaries do not survive you.

A charitable bequest impacts estate planning very favorably and can actually enhance the value of assets passed to heirs. In many circumstances a bequest of the residual of your retirement plan (IRA, 401K, profit-sharing, etc.) will save multiple taxes and is a very effective way to make a gift to Maryknoll Lay Missioners. We encourage you to review your will (once every five to seven years) to ensure that your goals for family and friends are met.

For suggested language and more information on bequest giving or other planned giving opportunities, please contact Leslie Lopez at llopez@mklm.org or (914) 236-3453.

The very first Maryknoll lay missioner

Harry Blaber was Maryknoll’s very first lay missioner. He began serving with Maryknoll in China in 1930 and founded a hospital there. “I’ve had the notion to be a doctor on the missions since I was three feet high,” the Brooklyn physician had told Maryknoll in 1930 when he offered five years to the missions. In this photo, Dr. Blaber (right) is shown with Artemio Bagalawis in the leper colony of Sunwui (now Xinhui). Dr. Bagalawis was Maryknoll’s second lay missioner, who joined in 1934 and served as a lay missioner in China and Korea for 31 years.