“The Minister of the Congregation is directed to instruct the people, from time to time, about the duty of Christian parents to make prudent provision for the well-being of their families, and of all persons to make wills, while they are in health, arranging for the disposal of their temporal goods, not neglecting, if they are able, to leave bequests for religious and charitable use.”
– The Book of Common Prayer
At Church of the Redeemer, planned giving is a term used to describe a variety of ways that gifts can be made to the parish from accumulated resources. Usually, planned giving involves financial or estate planning.
Generally speaking, planned gifts to the parish include one or more of the following gifts:
- 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, including: real estate, closely held stock, life insurance and retirement accounts
Planned giving is not, however, only for the wealthy. At its core, planned giving is a means of Christian stewardship whereby one is concerned with the wise use of his or her personal resources and their ultimate disposition. Gifts can be designated for a specific purpose, for the parish operating budget or restricted to our endowment.
Planned giving, moreover, may reduce taxes. Planned gifts are either given outright (e.g., gifts of appreciated securities, real property, personal property, etc.) or deferred (e.g., bequests, charitable gift annuities and charitable trusts).
Members of the Rev. John Hamilton Gillespie Legacy Society consist of those who have established a planned gift to the parish by including the parish in their Will or have provided certain other gifts.
If you are considering a planned gift to the parish, we invite you to contact the Mr. Jason Hughes, CFP, chairman of the Planned Giving Committee (phone), or the Rev. Charleston D. Wilson, Priest Associate for Evangelism and Parish Development.
As a member of the Rev. J. Hamilton Gillespie Legacy Society, your careful and generous planning guarantees that we can enhance and even expand our mission: to build up the Body of Christ by Word and Sacrament, equipping the people of God for the work of ministry, that Jesus Christ may be known, loved, worshipped, and obeyed in our homes and parish, community and diocese, and throughout the world. As we begin to celebrate our 110th anniversary this year, your thoughtfulness and careful planning secures tomorrow’s future today, promising the next 110 years will be even more exciting than the last.