Provide for a child's future.
The Living Sponsorship Program allows a caring person like you to provide for a Compassion child throughout your lifetime and beyond. By participating in the program, you ensure that one special child receives:
- ongoing, monthly support
- birthday and Christmas gifts
- encouraging letters (If you are unable to correspond with your sponsored child, we will designate a caring individual who will write to your child.)
When your child someday leaves Compassion's program, your endowment will offer life-changing benefits to a newly registered child -- and then another child and another.
As with all of Compassion's programs, we commit to managing your Living Sponsorship efficiently and effectively.
- Living Sponsorship funds are wisely invested in a common fund.
- The principal and all investment earnings from your commitment are restricted for the sponsorship of children -- for as long as Compassion is in existence.
- Participants receive a tax deduction for contributions in the year(s) funds are received.
Make a special tribute.
Establishing a Living Sponsorship is an excellent way to honor someone who feels as strongly as you do about reaching children in need. The endowment makes an ideal Christmas, birthday or wedding gift. It is also a special way to memorialize a loved one who has died.
How does it work?
Compassion's Living Sponsorship Program allows you to provide monthly sponsorship support to a sponsored child throughout your lifetime and beyond -- all for a gift of $12,000. There are several ways you may choose to do this:
- A onetime gift of $12,000
- An installment plan:
- Has minimum deposits of $1,200, payable biannually over five years, accumulated until the final payment is made
- Allows others to contribute on your behalf
- Allows a Living Sponsorship to commence once the $12,000 has been received in full. Please continue with your regular sponsorship payments until that time.
- A life insurance policy
- Allows you to simply change the ownership of a paid-up policy to Compassion.
- Allows you to deduct the policy's cash value for tax purposes in the year it is given
- A will
- Allows you to simply arrange with your attorney to identify Compassion's Living Sponsorship Fund as one of your beneficiaries.
- Allows you to set aside $12,000 for each sponsorship you wish to establish.
Appreciated property
- You may give a gift such as stock, mutual funds or real estate to establish a Living Sponsorship.
Want to learn more? Contact us about the Living Sponsorship program.