What are we working on?
The Stewardship Group is in the process of updating VAPC's planned giving policy. We hope to have this activity finalized in the fall. As part of our education process around Planned Giving, we will be re-running a series of articles that were posted in 'Update' last year and early this year. We hope you find these useful if you are considering making a lasting gift of this nature.
The following information is an extract from the Presbyterian Church in Canada regarding planned giving. It is a useful primer for series of articles that will follow.
We are called to live a generous life and to be faithful stewards of the gifts that God has given to us. Over time, generosity becomes a habit—and then a lifestyle.
Planned gifts are one way you can help to ensure the long-term viability of the church and its ministry.
You don’t have to be rich to leave a gift. A gift of any size, entrusted to God, is a seed that grows.
You can give more than you think. Planned gifts often have significant tax benefits associated with them, which can lower the cost of the gift.
- Are a statement about your faith and life values
- Usually fund long-term mission and ministry
- Often have tax benefits
- Are usually given from accumulated assets rather than current income
- Tend to be larger than gifts given regularly from current income
Planned gifts can be made through:
- Wills and bequests
- Gifts of cash
- Publicly traded securities
- Charitable gift annuities
- Life beneficiary gifts
- Life insurance
- Gifts of residual interest
- Charitable remainder trusts
- Donor advised funds
If you wish to learn more about planned giving, you can contact Len Gale (Stewardship); consult with the Planned Giving brochures from the Presbyterian Church of Canada (PCC) available at VAPC; and/or, visit the Planned Giving resources on the PCC website at Presbyterian.ca.