Planned Giving at St. Timothy's
“. . . remembering the words of the Lord Jesus, for he himself said, “It is more blessed to give than to receive.’”– Acts 20: 35
Why Do We Give?
The purpose of planned giving is to accumulate financial assets, the income from which will be used for the long-term needs of the parish. Planned giving is a way for you to help ensure the future of St. Timothy’s Episcopal Church and its ongoing missions while providing for your needs and those of your loved ones. With careful planning a donor can minimize income and estate taxes, provide more for his or her heirs and ultimately make a larger gift to the church than would otherwise be possible.
Planned giving can take many forms. On the following pages of this brochure a few of the more common opportunities are outlined. In some cases, the best solution may be simply to provide for St. Timothy’s Episcopal Church in your will. In other cases, there may be a significant benefit from one of the other options suggested in this brochure. Scripture reminds us that everything we have comes to us as a gift.
Members of St. Timothy’s Finance Committee look forward to discussing these giving and legacy opportunities with you and, pursuant to your instructions, with your financial advisors. All gifts to Grace Episcopal Church are subject to acceptance by the Gift Review Committee, which consists of the Priest in Charge, the Wardens and the Treasurer.
This page is intended to be only an introduction to planned giving. Please consult with your financial advisors before making any decisions. Tax effects discussed in this brochure are based on general principals of correct tax law at time of printing, which may change. Tax results vary depending on individual circumstances. Donors should obtain tax advice from a qualified professional as to the specific tax consequences of their donation.