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Bill Simpson had many loves of his life: his church, its prayer ministry, and his career in higher education. But the love for which he will be remembered most is his love of missions. That's why, at his death in 1992, his family chose to establish the Bill Simpson Memorial Mission Fund with the Georgia Baptist Foundation. The Simpson family established the fund shortly after Bill's death. It was partly funded with gifts to a memorial fund at First Baptist Church of Milledgeville where he directed the prayer ministry, and with a tithe of the proceeds from his insurance policies. An additional amount is added each year, and at Sue's death a tithe of her estate will also be donated to the fund.  SUE: I wanted responsible stewardship and that's what I've received from the Georgia Baptist Foundation. They are professional money managers who have just as strong a commitment to the Lord's work as Bill and I always had. The Foundation is audited annually and because of that I know that I can rest assured that the fund will be there until Jesus comes. Each year the interest from the fund is divided between three of Bill's favorite charities - 40% for Lottie Moon Christmas Offering, 40% for Annie Armstrong Easter Offering and 20% for state missions through the Georgia Baptist Convention.
SUE: I've been very pleased with the return on the principal, and the Foundation is doing an excellent job of managing the fund. They didn't insist on our doing anything their way, but offered us a variety of options to meet our desires. You also may want to explore ways to plan a mission fund or plan your estate. For more information, contact Douglas Couch at phone number 800-452-9064, Ray Sullivan at 229-392-1494. You may also e-mail us at dcouch@gbfoundation.org or rsullivan@gbfoundation.org.
You also may want to make it easy and convenient to have a bequest included in your will. The language below shows how a bequest can very easily be included in your will.
You might find it helpful to select the "print" button on the top of your screen and print this page. You may feel free to give this page to your attorney. If he or she has any questions, please have them contact Douglas Couch at phone number 800-452-9064, Ray Sullivan at 229-392-1494. You may also e-mail us at dcouch@gbfoundation.org or rsullivan@gbfoundation.org.
Example bequest language - Please feel free to change the numbers or percentages as you desire.
1. Bequest of cash
"I bequeath the sum of $10,000 to the Georgia Baptist Foundation, Inc. of Duluth, GA., to be held in trust, in perpetuity with the net earnings being remitted at least annually to the (name your favorite Baptist church, ministry or ministries)."
2. Bequest of a percent of the estate
"I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to the Georgia Baptist Foundation, Inc., Duluth, GA., to be held in trust, in perpetuity with the net earnings being remitted at least annually to the (name your favorite Baptist church, ministry or ministries)."
3. Contingent Bequest
"If my brother John Doe survives me, I devise and bequeath 20% of the remainder and residue of property owned at my death, whether real or personal, and wherever located to John Doe. If John Doe does not survive me, then I devise and bequeath 20% of my residuary estate, whether real or personal property and wherever located to the Georgia Baptist Foundation, Inc., Duluth, GA., to be held in trust, in perpetuity with the net earnings being remitted at least annually to the (name your favorite Baptist church, ministry or ministries)."
Please note: The name and image above is representative of a typical donor and may or may not be an actual donor to our organization. Since the charitable purpose of your bequest may be different from this person, you may want to contact us to discuss a bequest.
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