Visit the North Dakota Knights of Columbus Foundation Website
Today we’re going to talk about the North Dakota Knights of Columbus Foundation and how you can make a lasting impact on the future of North Dakota Catholicism.
There are many different ways to support the Foundation, here are a few examples of long term and short term giving.
Your Knights of Columbus Agent can provide you with insight on what your best options would be. Life Insurance is one option for long term giving. By placing a Life Insurance policy on yourself, or even on yourself and your spouse, you can affordably place a charitable donation in your name upon your death. The Knights of Columbus has a few different options for you in this respect. Whole Life, Individual Universal Life, or Survivorship Universal Life Insurance. All three of these options are great and will really put those dollars spent to work for you. If you have an existing policy that you would like to change the beneficiary to the ND-KofC Foundation, simply get a hold of your KofC Agent for their assistance. They would be glad to help.
Annuities are another great way to contribute. The Foundation is a 501c3 organization, so if you have an IRA that you can use to donate funds from, you can do so by withdrawing those funds as a Charitable Donation. A great time to think about donating to charities is when you meet with your agent to discuss your RMD each year. Another way to set up a little more long term giving is by setting up a Single Premium Immediate Annuity, or Settlement Option on your existing Annuity. With either of those, you have the ability to determine how much you’d like to donate each year and have it automatically completed for you. You can set those up for any length of time between 5 and 30 years. What a great way to make a lasting impression!
These are just a few ideas on how you can support the Foundation. A simple discussion with your Agent may lead to another great idea on how you can make your contribution. No matter what way you decide to go, supporting the Foundation is important for all of us North Dakota Knights of Columbus members. As members, we stand behind our Priests fully. Let’s show them how much we love them by showing our support! Remember, All the money that goes to the Foundation stays in the state of North Dakota. It goes directly to Seminarians education, religious, and charitable programs.
To find out more about the North Dakota Knights of Columbus Foundation go to https://nd-kofc-foundation.com/
All the money stays in the state and a majority of it goes to help Seminarians with their education expenses, etc.
Joel Herman, FICF
Knights of Columbus Insurance
125 Brooktree Park, Harwood, ND 58042
Phone: 701 219 5847
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