|
NCEM:
An Organization Belonging to God
In NCEM we believe we are
stewards of all that comes into this ministry, and we will give
an account of it to the Lord.
NCEM is a nonprofit Christian
organization. It belongs to God, not to any of its members. If
He ever chooses to close it down, we will accept His leading.
All assets will go to another Christian ministry – not to any
individuals associated with NCEM.
Stewards
of the Gifts God Has Given
If you have been faithfully
supporting Christian ministries and your church, you can be sure
that when your support stops, it will be missed. The world says
we should accumulate wealth for ourselves and our children.
Christians have a different perspective.
If you are one who considers
yourself merely a steward of the gifts God has given to you,
then you will want to prayerfully consider what He wants you to
do with His money at your death.
As NCEM receives bequests, we are
very thankful for those who have considered our Mission as a way
to give to the building up of Christ’s Kingdom.
Designated
Giving Policy
Spending of funds is confined to
NCEM Governing Board approved programs and projects. Each
contribution designated towards a Board approved program or
project will be used as designated with the understanding that
when the need for such a program or project has been met, or the
Board has determined it cannot be completed, the remaining
contributions designated for such program or project will be
used where needed most.
|
Questions about
Will & Estates
(that we've been asked)
Do I need a professional to make out a
will?
We recommend that, when making a legal
will, you secure the help of a qualified person in your province/state
of residence. That person will usually provide good advice to help make
good decisions.
Some people have tried to save money by
using "Do-It-Yourself" and "Mail Order" wills. Unfortunately,
this has sometimes resulted in a large amount of the estate being used
in probate (the government processes for situations of no will or of an
improperly prepared will). In the end, the estate funds may not be used
as the individual had desired.
In short, the amount of money saved doing
it yourself will not usually outweigh the benefits of professional help.
Of course gathering relevant information,
such as naming your beneficiaries and stating how you would like your
estate to be distributed, will help the professional to accurately
legalize your will.
Are there limitations in using a
professional to write my will?
There may be. The professional may not
understand your desires as a Christian ministry supporter. (The
information in this brochure is intended to help with this.)
What are the benefits of naming a
charity such as NCEM in a will?
Along with making provision for your
family (if needed), giving either a set amount or a percentage to your
church and to other ministries enables you to have a continuing impact
for the Kingdom of God after you are gone.
There is also a tax benefit in naming a
charity in your will. In cases where taxes are to be paid on an estate,
a donation receipt will serve as a tax deduction for the estate.
What information do I need in my will
to name a charity?
All you need is the correct unabbreviated
name and address of that charity, and the CRA (charity registration
number).
What happens to the bequest when it is
received by NCEM?
When estate gifts come to NCEM, they are
considered a donation to our General Fund. They will be used to help
fund one or more of NCEM's various ministries, at the discretion of
our Mission's leadership.
You can be assured that the gift will be
used properly. NCEM is a member of CrossGlobal Link and an associate member of the Canadian
Council of Christian Charities (CCCC). An independent accountant audits
NCEM's finances each year. Our annual financial statement is provided
upon request.
What if the donor has preference for a
specific ministry within NCEM?
All gifts to a charity are legally under
the direction of that charity. As much as possible, our Mission
leadership will direct the bequest to areas of NCEM ministry in keeping
with the donor's interests.
(Bequests to a specific missionary worker
should name the person, not NCEM.)
If the donor has preferences, he/she
should send a letter to NCEM (separate from the will, to be kept on file
by NCEM) indicating the preferred areas of ministry to be funded by the
bequest (evangelism, Bible education, television, literature, Bible
camps, etc.).
Funds will be directed accordingly with
the understanding that if the ministry department is no longer active,
donations will be directed to another area of need in NCEM.
Do you have additional questions about
Wills & Estates?
We are glad to answer additional
questions you may have. If you would like help contacting a professional
to set up a legal will, we are happy to help in that way as well.
Should you contact us, you are in no way
obligated to donate to NCEM, even if we can help you in any of these
areas. We seek to serve God faithfully, and believe that He will supply
our needs as He sees fit.
To know more about NCEM's stewardship
practices, you may also want to read our QUESTIONS ABOUT FINANCES
brochure.
For your information, our charity
registration number is 10778 1296 RR0001.
Write or call: NCEM
For our addresses, click Contact Us
|