Wills and Bequests
Moody Bible Institute continues to receive a significant portion of funding through generous donor bequests remembering Moody as a beneficiary in a Will or Trust. Bequests received at Moody are important for the funding of current ministries, and for future ministry growth and development.
An Opportunity for Christian Stewardship
Your estate is the material representation of your life. It has been acquired and accumulated through hard work, careful management, and prudent investment. Your estate plan is the way in which you extend your responsibility and your influence for Christ into the future. Your Will represents a final opportunity to express your gratitude to God and your love for Christ through what He has entrusted in your care. We trust that as you make your Will, you will consider making a generous provision for the work of the Lord through The Moody Bible Institute. The Moody Bible Institute represents one of the most dynamic ways in which you can use your Will to extend your influence for Christ far into the future and all around the world.
What are the benefits of making a bequest to Moody?
Remembering Moody Bible Institute as a beneficiary in your Will or Trust offers the opportunity to make a more substantial gift than what might be possible during a person’s lifetime. It allows for the preservation of capital during your lifetime and affords flexibility for future changes should you decide to amend your bequests to charity. Some donors consider a bequest as a final opportunity to accomplish a definitive legacy gift after a lifetime of giving to Kingdom work of the Moody Bible Institute. Because of the tax advantages associated with a bequest to a qualified charitable institution, estate assets that otherwise would directly go to the government can instead be contributed to Moody Bible Institute ministries.
How do I remember Moody in a Will or Trust by Bequest?
Specific Bequest: (dollar amount)
“I give, devise, and bequeath $______________ to MOODY BIBLE INSTITUTE OF CHICAGO, 820 N. LaSalle Blvd., Chicago, IL 60610, for its corporate uses and purposes.”
Specific Bequest: (percentage of estate)
“I give, devise, and bequeath ______________% of my estate to MOODY BIBLE INSTITUTE OF CHICAGO, 820 N. LaSalle Blvd., Chicago, IL 60610, for its corporate uses and purposes.”
Rest, Residue, and Remainder of Estate:
“All the rest, residue, and remainder of my estate, both real and personal, wherever situated, I give, devise, and bequeath to MOODY BIBLE INSTITUTE OF CHICAGO, 820 N. LaSalle Blvd., Chicago, IL 60610, for its corporate uses and purposes.”
Bequest with Moody Bible Institute as Contingent Beneficiary:
“In the event any of my above named beneficiaries have not survived me, I hereby direct their share to be distributed to MOODY BIBLE INSTITUTE OF CHICAGO, 820 N. LaSalle Blvd., Chicago, IL 60610, for its corporate uses and purposes.”
Does Moody desire to know my bequest intentions?
Moody understands that your intention to remember others by way of bequest is a private and personal matter that you may desire to keep confidential. For those that are willing to notify us of your generous intent to remember Moody’s ministries by bequest, we desire to acknowledge your gracious intentions. Notifying us of your intentions is also very helpful to Moody Bible Institute for its financial planning.
Does Moody have any resources available to help me as I consider the preparation of my Last Will and Testament?
The Will Planning Kit is available to assist those that are in the planning stage of making or changing their Last Will and Testament. The Will Planning Kit provides information including:
- The Testimony of the Christian Will
- Making Your Will – A Matter of Christian Stewardship
- What is the Important Responsibility for Young Christian Parents?
- How Important is a Will for Married Couples?
- Is it Really Necessary for a Single Person to Have a Will?
- An Opportunity for Christian Stewardship
- Important Steps in the Will Process
- Suggested Methods and Wording for Remembering Moody Bible Institute
- Information for Attorney’s Use
- Estate Planning Checklist
If you are interested in receiving the Will Planning Kit, please contact our Stewardship office to request the print version by mail, or the PDF version by email.
If you would like to learn more about Will and Bequest opportunities, or if you would like to meet with a Moody Giving Representative, please contact our Stewardship office.
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