Planned giving is one expression of the wise use of the personal resources God has entrusted to us.
There are a variety of ways that gifts can be made to the church with current earnings or resources such as annual pledge drives and special capital campaigns or from lifetime accumulated resources. Although Planned Giving often involves financial or estate planning, it is not reserved for the wealthy. Planned giving is a means by which anyone concerned with the wise use of his or her personal resources makes a considered choice about their ultimate disposition.
In general planned gifts are made through:
- A bequest in a will
- A life income gift such as a pooled income fund, a charitable gift annuity, or a charitable remainder trust
- Gifts of special assets (real estate, closely held stock, life insurance, retirement accounts)
Planned giving establishes a way for you to provide for your family while remembering the church as well. It often is important for efficient estate tax planning purposes.
At the present time, Planned Giving at Nativity is handled on a case-by-case basis. Gifts can be designated for Nativity’s general funds or its endowment. Planned gifts are either outright gifts (for example, marketable securities, real property, personal property, etc.) or deferred gifts (such as bequests, charitable gift annuities, charitable trusts).
The Finance and Stewardship Committee is committed to a more structured program at Nativity in support of the parishioners and looking at options for the coming years. You can talk to Stephanie or a member of the Vestry for the status at Nativity or obtain additional information at http://www.episcopalfoundation.org/tools-and-programs/fundraising-tools/planned-giving.