Legacy Newsletter

Charlotte Rescue Mission’s

THE BEATY FAMILY3 GENERATIONS

OF GIVING

AFTER 78 YEARS OF SERVING THE CHARLOTTE COMMUNITY, WE HAVE LAUNCHED AN ENDOWMENT THAT WILL CREATE FINANCIAL STABILITY FOR CHARLOTTE RESCUE MISSION LONG TERM.

ENDOWMENT FOR OUR future

An endowment provides an opportunity for you to make a gift that builds a legacy. A family name can live on, changing the lives of people in future generations. Any donors who make a gift of 5k+ or an estate commitment of 25k+ will be recognized as Founding Funders and will receive an invitation to a special event as well as permanent recognition at the mission. Jesus said, “The poor will always be with us.” A gift to the Charlotte Rescue Mission Endowment guarantees that your love for hurting people in our community will go on forever.

To make a gift to the Charlotte Rescue Mission Endowment, please contact EJ Underwood, Director of Principal and Planned Giving, at 704-333-4673 ext. 204 or at EJ.Underwood@charlotterescuemission.org.

The Charlotte Rescue Mission is a Better Business Bureau accredited charity.

CHARLOTTE RESCUE MISSIONPO Box 33000 | Charlotte, NC 28233 704-333-HOPE (4673)

CHARLOTTERESCUEMISSION.ORG

CONNECT

Reboundprovides 90 days of free addiction recovery services for 400 men each year.

Dove’s Nestprovides 120 days of free addiction recovery services for 200 women and 20 of their children each year.

OUR MISSIONCharlotte Rescue Mission is transforming lives in the name of Christ by serving people struggling with addiction, poverty, or hopelessness with the goal of returning them to society as productive, self-sufficient citizens.

SAve the dAteHAD A MAJOR LIFE EVENT? Learn simple ways to protect yourself and your heirs at our estate planning seminars led by attorney J. Eric Kindberg. Call EJ Underwood at 704-333-4673 ext. 204 or at EJ.Underwood@charlotterescuemission.org. to reserve a seat today.

J. Eric Kindberg practices estate planning and estate administration law. He may be reached at eric@kindbergestatelaw.com or at (704) 507-6444.

TUESDAY, JUNE 7, 2016 FROM 10-11 AMMint Hill Library6840 Matthews Mint Hill Rd, Mint Hill, NC 28227

THURSDAY, JUNE 9, 2016 FROM 2-3 PMProvidence Presbyterian Church10140 Providence Church Ln, Charlotte, NC 28277

Leave a legacyPLANNED GIVING & ENDOWMENT NEWSLETTER

5 reasons TO HAVE A WILL

A letter FROM REV. MARCIANO

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COMPILED BY ATTORNEY J. ERIC KINDBERG

AVOID UNNECESSARY EXPENSESYou decide who is going to be executor of your estate or a court will appoint a person to step in to settle your affairs.

YOUR MARITAL STATUS CHANGESMarriage, the loss of a spouse, and other changes can impact your current and future financial plans. Your will and other plans (life insurance policies, bank accounts etc) should reflect these changes.

THE NEEDS OF YOUR LOVE ONES CHANGEDoes your spouse need long term care? Has a child become disabled?

MOVE BETWEEN STATESNorth Carolina and South Carolina have different laws of real estate survivorship.

A CHILD OR GRANDCHILD IS BORNAn addition to the family may also have an impact on the terms of your will.

Because of your friendship and partnership with Charlotte Rescue Mission, I am sending you our Planned Giving Newsletter, which provides information on current gift and estate planning. I trust you will find this helpful as you consider strategies to extend your witness into the future while minimizing taxes.

If you don’t have an estate plan, the State will distribute assets according to their formula. This means that treasured mementos may not go to the persons you intended, important people in your life may be overlooked, and the ministries you support, like Charlotte Rescue Mission, will be forgotten.

The best way to avoid this, and to minimize estate taxes, is to prepare a will or trust. These documents allow you to stay in control of your assets and leave a legacy of hope for future generations. Please read the article on the back page about the new Charlotte Rescue Mission Endowment, a fund

My family has been involved with the Charlotte Rescue Mission from the beginning. My grandfather, Guy M. Beaty, founded the

mission with Billy Graham’s father, W. Frank Graham. He was a powerful man of God and a successful entrepreneur, founding an industrial insulation company, Guy M. Beaty Company in 1917. He originally set up “God” as a shareholder in his business, receiving one eighth of all profits. When the IRS objected saying “God is not a person,” Grandfather responded, “Indeed he is!” and fought an unsuccessful battle. As a solution to the problem, he made the Charlotte Rescue Mission his shareholder. In addition, he gave 30% of his personal income to Christian causes including the mission.

that will live in perpetuity, providing long-term financial stability to this ministry. I hope you will consider a gift to the endowment as part of your estate plans.

At Charlotte Rescue Mission, our residents are breaking the cycle of poverty and addiction by transforming their lives from the inside out. They are impacting future generations by learning how to be good husbands and wives, good parents, and good citizens. Your gift

through your estate can help future generations as well, by ensuring that our doors will always be open to men and women who need help and hope.

If we can assist you, please return the reply card or call us directly. Thank you for being such a treasured friend to Charlotte Rescue Mission. Thank you for your impact.

IT’S TEMPTING TO THINK THAT “ESTATE PLANNING” IS ONLY FOR THE WEALTHY; BUT THAT ISN’T TRUE.

3 GENERATIONS OF givingAccording to family legend, he helped ‘rescue’ the Rescue Mission financially during the Depression. He also paid off the mortgage on the original Charlotte Rescue Mission building on Church Street and likely influenced its move to the current location on W. First Street in 1959, which was a block from his business.

“I HAVE YET TO SEE A NON-PROFIT THAT GETS AS MUCH OUT OF A DOLLAR AS THE CHARLOTTE RESCUE MISSION.”

My entire family has been involved ever since as regular donors and supporters, including my deceased father, Roy Beaty, mother Mary Jo, sisters Susan and Bonnie, and brother David Beaty who became the minister our grandfather and grandmother always hoped for in the family. In the late 1980s I worked with my grandfather’s business and was asked

to be on the board of the Charlotte Rescue Mission. My grandfather died in 1967, the year before I was born. By being involved in his business and the Charlotte Rescue Mission, I was able to learn about him and his great works and to honor his legacy in some small way.

As a member of the board, I was impressed with the incredible dedication of the board members and the staff, and the great stewardship with which they handled donor funds. I have yet to see a non-profit that gets as much out of a dollar as the Charlotte Rescue Mission. Even though we have sold our business and I have since moved to Atlanta, it is still an honor for our family to continue to support the mission. And I know our grandfather would be proud of the extraordinary success the mission has achieved in taking the least and the lost and bringing them into God’s arms.

GUY M. BEATY

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HAS YOUR FAMILY GIVEN TO THE MISSION FOR 3 GENERATIONS?We want to hear from you. Call EJ Underwood at 704-334-4635 x204 to tell her your story.

ROY & MARY JO BEATY

TED & BONNIE JOHNSONLEGACY SOCIETY MEMBERS