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Fred and Grace Bertolet retired after years of successful ministry as evangelistic workers in the Church of the Nazarene. Because of their love for God and His Church, they wanted to do something to assist the continued ministry of the Church – even after their death. At the same time, they wanted to be faithful with what God had given them for their retirement. After much research, they decided upon a Charitable Gift Annuity.
Through a Charitable Gift Annuity, the Bertolets could enjoy the security of regular, guaranteed income, a portion of which is tax free. In addition to the peace of mind that comes from knowing they will always have income available, they gained the peace of mind that comes from knowing they have provided for the ministry of the Church after their death.
As interest rates dropped, they still received a fixed return off their initial gifts, so they didn't have to fear what the declining economy might do to that investment and they always had enough income to still bless others on a daily basis.
The first charitable gift annuity was such a blessing to them that they established several others in subsequent years. With each of these charitable gift annuities, they had the pleasure of being able to designate how the funds will be used after their death so they know how their legacy will continue to live on.