All donations through the website will go into our current year’s budget, but donors are free to target their gift. For example, the church will soon be replacing our 30+ year old commercial grade dishwasher (est. cost is $10,000) – anyone wanting to make a contribution can now do so through the Donate button on the website, and just specify “Dishwasher".
There are a number of other, long-term, giving options that can allow donors to fulfill their philanthropic goals while contributing to the First Baptist Church in Beverly. For these types of donations, please contact a Minister or the FBC Business Manager.
These options are:
Bequests – A gift made through a will or trust, that takes effect upon the donor’s death.
Charitable Remainder Trusts – This type of trust has its own separately invested portfolio and a donor-specified payout rate. The income may be either for life of one or more beneficiaries, or for a specified number of years.
Charitable Lead Trusts – Similar to a charitable remainder trust, where the donor places certain assets in an irrevocable trust. While the trust is active, annual payments are made to the Church.
Retirement Plans – A plan such as a 401 (k), 403 (b), IRA, Keough, or other type of retirement account can be used to make a future gift to FBC, while allowing tax benefits for heirs.
Outright gifts of Securities– The simplest way to give securities (stocks, bonds or mutual funds).