Planned giving is a vital financial decision and is a measure of our love for our families and our church. The financial decisions we make in our lives actually provide a witness to what is of greatest importance to us. Scripture teaches us that as stewards of God’s creation we are responsible for using what we have been given to benefit God’s kingdom. As Christians, we believe that ultimately everything in this world belongs to God, so it is only fitting that we return a portion of our blessings to God. Since we are only trustees of the possessions and wealth in our keeping, we must use them for a faithful purpose…for the good of all.
Planned giving is a generous way of ensuring the future of Grace-St. Paul’s ministry. Our present endowments are the direct result of past members naming Grace-St. Paul’s in their estate planning. Planned gifts typically come from a donor’s assets rather than their income and such gifts can be outright or deferred. It is highly recommended that you consult with a tax or legal advisor prior to making a planned gift.
The Episcopal Church Foundation cites the following as tax-beneficial ways to make planned gifts.
A gift of your securities, including your stocks or bonds, is an easy way for you to make a gift. By making a gift of your appreciated securities, you can avoid paying capital gains tax that would otherwise be due if you sold these assets.
A gift of your real property (such as your home, vacation property, vacant land, farmland or ranch or commercial property) is a significant gift. If you own appreciated real property, you can avoid paying capital gains tax by making a gift to Grace-St. Paul’s.
A gift of your retirement assets [IRA, 401(k), 403(b), pension or other tax deferred plan] is an excellent way to make a gift. By making a gift of your retirement assets, you will help further our work.
A gift of cash is a simple and easy way for you to make a gift. You will receive a charitable tax deduction that will provide you with savings on this year’s tax return.
A gift of your life insurance policy is an excellent way to make a gift to Grace-St. Paul`s. If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further the church’s mission.
For more information, please contact a member of the Stewardship Ministry via the Parish Office at email@example.com or visit the Episcopal Church Foundation website at www.episcopalfoundation.org