What is Planned Giving?

Throughout the years, many of those who care deeply about St. Timothy’s have expressed their love of this wonderful church, and their gratitude to God, by including St. Timothy’s in their long-term financial planning. We hope you will recognize the importance of providing future support for the ministries and programs of St. Timothy’s Church and Preschool.

Planned giving encompasses a variety of ways that gifts can be made to the church from accumulated resources. It usually involves financial or estate planning; however, 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 or a Living Trust
• A Life Income Gift…such as a pooled income fund, a charitable gift annuity, or a charitable remainder trust
• Gifts of Life Insurance

Planned giving establishes a way for a donor to provide for family members while remembering the church as well. It often enables the donor to provide more for his or her heirs and to make a larger gift than thought possible. It often reduces taxes.

Planned giving can be designated for an organization’s general fund or for its endowment. Planned gifts are either outright gifts (e.g. gifts of appreciated securities) or deferred gifts (e.g. charitable gift annuities, charitable trusts).

It is important to talk with your family and a financial adviser or an estate attorney before making a decision about including a gift to St. Timothy’s in your will or financial plans.

If you would like to notify St. Timothy’s of a planned gift provision you have already made or would like to discuss planned giving opportunities, contact Mary Sheldahl or Mary Cole Duvall, Rector at 225-2020.