Planned Giving Options
As stewards of God’s gifts, we build on the foundation left by those who came before us. We, in turn, have the opportunity, with a bequest to St. Joseph’s Episcopal Church, to sustain and enhance parish ministries, programs, outreach, and the buildings for the benefit of future generations. As you reflect on how you will write your legacy, we hope you’ll consider including St. Joseph’s Episcopal Church in your plans.
A Bequest in a Will
The simple insertion of a clause in your will can assure that a lasting gift will be made to St. Joseph’s Episcopal Church. A link to suggested bequest wording is listed below.
Life Insurance Gift
Since many people have some form of life insurance, you may choose this vehicle to make a gift. If you would like to explore this, please ask your insurance professional for assistance.
Revocable Living Trust
A revocable living trust allows a gift of assets to be made now while retaining the right to retrieve those assets later if it becomes necessary.
Life Income Gifts
Life income gifts provide income for yourself and your spouse for life, and still provide for a gift to the church after your death. These gifts, particularly when they are funded with appreciated property, often provide donors increased income as well as favorable tax benefits. The three main vehicles are a charitable gift annuity, a pooled income fund gift, or a charitable remainder trust. They are available through the Episcopal Church Foundation and may be used to benefit any Episcopal-related institution.
Gifts of IRA’s and Other Tax-Deferred Savings
Persons with savings in the form of tax-deferred funds such as Individual Retirement Accounts (IRAs), 401(K) plans, or other qualified retirement plans, may find significant tax advantages in using these assets for their charitable giving in their estate plans. Tax-exempt organizations are not subject to the income tax that individuals are and thus are able to benefit from the full amount of the gift.