Life Income Gifts Can Make a Difference Now
Bill Thompson's Umbrella Gift
“I believe it was 1916 when we 4 children were herded up to South Broadway to take the streetcar to North Yonkers and walk to the Unitarian Congregational Church of Yonkers to be enrolled in Sunday School,” writes Bill Thompson of Phoenix, AZ.
Bill’s involvement with Unitarian Universalism began almost a century ago. Since then, he has married twice in Unitarian Universalist (UU) congregations and has raised three very active UU children. More recently, he has invested to strengthen Unitarian Universalism by setting up several life income gifts that, through the Unitarian Universalist Association’s (UUA’s) Umbrella Giving Program, would ultimately benefit the Unitarian Universalist Association and the Unitarian Universalist Church of Surprise, AZ.
Now, at the age of 98, Bill has determined that he no longer needs the income generated by these gifts. By planning to terminate them, he is making the remaining funds available to the UUA and UU Congregation in Surprise, AZ, now. We are deeply grateful for Bill’s decision and commitment to strengthening Unitarian Universalism across the entire Association.
The timing of this generous action has great meaning for Bill who says, “[B]oth my wives where born on February 2. Now I say I cannot marry a woman who is not a groundhog. But at 98, I don’t need to worry about that.”
For many congregations, Umbrella Giving enables them to offer a wider range of gift planning options without expending valuable staff resources and costs. Gifts like Bill’s are possible thanks to the UUA’s Umbrella Giving Program which allows 100% of a gift to benefit any UU entities the donor chooses at no cost to the donor or final beneficiaries.