Torch, Summer 2001

value. This is not about making all the decisions, and it’s not about always being right. Some men have the idea that they are always right. No one is ever the telephone, “Love her anyway!” The love Paul writes of in Ephesians 5 has nothing to do with your feelings. Neither at any given moment nor over any period of time does Paul exhort husbands and wives to base their relationship on emotions. Paul enjoins sacrificial love. He demands agape-love. He commands husbands to love their wives through an exercise of the mind and the will. Not only must the husband be a lover, the husband must also be a leader. Paul enjoins husbands to exercise leadership rooted in sacrifice. Some men read Ephesians 5 and come away only with the idea that they are to be the leader and wives are to be submissive. They miss the whole loving part of the passage. Paul is writing about leadership that is grounded and rooted in sacrifice. He is describing an authority that manifests itself in humility. This is not dictatorship; it’s not about a husband making a wife feel inferior, as if her opinions and ideas have no Summer 2001 / TORCH 11 L eadership takes many forms. While we normally think of leaders as being visible and vocal, it is also possible to lead quietly by example. The essence of vision is exhibiting leadership by thinking ahead of your time. The Legacy Circle of Cedarville University is a group of forward-thinking leaders. The Legacy Circle is comprised of donors who have chosen to honor Cedarville University as the beneficiary of a deferred giving arrangement. By making a deferred gift, these visionaries have not only provided for themselves and their families, but have also secured a portion of the future of Cedarville University. A deferred gift, usually made in the form of an annuity or a charitable remainder trust, is an irrevocable gift to Cedarville University. The donor makes the gift in exchange for the current benefits of an immediate income tax deduction, a lifetime income stream for self and spouse, and avoidance of capital gains taxes. If the gift is made with appreciated assets, the cost of making the gift will be less than if the donor uses cash. By using a deferred giving arrangement, the donor can create a significant income stream from highly appreciated but under-utilized assets, such as real property or growth stocks that pay little or no dividend. So a deferred gift allows you to give assets but retain defined income rights for life. Cedarville University will eventually receive the trust or annuity principal when the gift matures. With prudent investment during the life of the gift agreement, the deferred gift to Cedarville University can be larger than the original gift, even after the payment of income to the donor and spouse. You can do much to shape our tomorrow and assure yourself a place among the members of the Legacy Circle who can truly say, “I was here. I made a difference.” We invite you to contact Dave Bartlett or Kim Longo at 1-800-766-1115 for more information about this exciting leadership opportunity. Continued on page 14 Kim Longo Development Officer Legacy of Leadership in Deferred Giving