Planned Giving
Stewardship is what we do, all of the time, with everything God has given us.
Through the vision and generosity of generations of parishioners, St. Paul’s Episcopal Church has been an important landmark and spiritual home for over 175 years. The preservation of our buildings, our offerings of worship and music, the Christian foundations of our children, and the caring ministries to those both within our community and beyond all depend on the legacy of enduring support.
The St. Paul’s Legacy Society was created to honor those who have chosen to support the life and work of the church through charitable bequests, beneficiary designation, and other planned giving arrangements.
We invite you to join this tradition of thoughtful and faithful stewardship by making St. Paul’s part of your legacy.
Planned giving describes the thoughtful designation of gifts made from accumulated resources. It is a means by which anyone concerned with the wise use of their resources makes a considered choice about their ultimate disposition.
Unlike contributions made through our annual stewardship campaign, planned gifts grow the church’s enduring resources. These resources can be used to enrich areas of ministry such as outreach, music, or to ensure our future ability to maintain our vital and historic physical property.
The St. Paul’s Legacy Society recognizes those who have chosen to make St. Paul’s part of their legacy. When you include the church in your will, whether your gift is $1,000 or $500,000, it will become part of your legacy. Your gift will help to ensure that St. Paul’s continues to welcome and serve all in the name of Christ for many years to come.
Planned Giving Opportunities
The easiest way to make a lasting difference is to remember St. Paul’s in your will or estate plan. These gifts to the endowment can be used to perpetually sustain all of our vital ministries. You may bequeath a specific amount, a percentage of your estate, or specify a gift of securities, real estate or tangible personal property. If you have an existing will, we encourage you to work with your lawyer to include a simple, inexpensive supplement or “codicil.”
Bequest
Retirement plan assets are considered an attractive option for making a planned gift. To make a charitable gift of retirement assets, simply complete a new beneficiary designation form naming St. Paul’s as a percentage beneficiary.
Retirement Fund Assets
You may use one or more whole life insurance policies to make a future gift to St. Paul’s. To do so, name St. Paul’s as a percentage beneficiary of a new or existing policy, or simply transfer ownership. As with retirement plan assets, using a life insurance policy to make a charitable gift can be as quick and easy as completing a new beneficiary designation form.
Life Insurance
Life Income Gifts provide you or your designated beneficiary with income for life in exchange for your gift. A tax benefit is created at the time the gift is established. The three most common life income gifts are Charitable Remainder Trusts, Charitable Gift Annuities, and Pooled Income Funds. These gifts generally reduce or eliminate certain taxes while providing annual income.
Please consult your tax or financial advisor for benefits specific to your situation.
Life Income Gifts
Some parishioners are leaving funds to sustain their contributions to the church’s annual budget. To fund an annual $1,000 pledge in perpetuity, for example, would require an estate gift of $25,000 (under current endowment draw of 4%). Funding all or part of your pledge is a wonderful way to ensure St. Paul’s future.
Endow Your Pledge
