Planned Giving allows us to support the Church in perpetuity; gifts will be normally be placed in our endowment and used to fuel ministries far into the future. Planned giving also offers tax benefits, however you may want to consult a financial advisor or attorney. The most common types of planned gifts include Bequests, Charitable Gift Annuities and Charitable Remainder Trusts.
Why Give to First Church?
First Church is a vibrant and actively engaged church community which always seeks to share God’s love both near and far. We are committed to being justice-seekers in a beautiful yet often-hurting world. Thanks to the generosity of the generations who have
gone before us, our church is strong, faithful and loving!
Planned giving will enable First Church to continue its mission into the future.
First Church is thriving today because of the generous time, talent and treasure
contributed by many people over many decades. We also benefit from the foresight and generosity of past generations who have provided a firm financial foundation for today’s church. Continuing to build that foundation ensures the future for upcoming
generations to know God’s love as well.
What is Planned Giving?
Planned giving is a donor’s intention to contribute a major gift beyond their
lifetime. When you embrace planned giving to First Church, you become an integral
part of securing its future. Your generosity can help sustain our vibrant community,
support vital outreach programs, maintain our historic buildings and enable us to
carry forward our tradition of spreading love and compassion.
By leaving a planned gift to First Church, you become part of a long and cherished
tradition of giving that has sustained our church throughout its history. Your generosity will empower us to continue providing spiritual nourishment, community outreach and support for those in need. There are several types of planned gifts described in this brochure.
There are a variety of planned gifts that are accessible for individuals of various financial means. Planned gifts can be tailored to fit an individual’s unique circumstances.
Types of Planned Giving
It is important to note that tax benefits and advantages can vary based on individual
circumstances and applicable tax laws. Consultation with a financial advisor and/
or a tax professional is recommended when considering planned giving options.
Bequest – Donor designates a portion of their estate to be given to a charitable organization through a will or living trust upon their death.
Life Insurance Policy – Donor purchases a life insurance policy and names a charitable organization as the beneficiary or transfers an existing life insurance policy.
Individual Retirement Account (IRA) Gift – Donor may instruct their IRA provider to direct distributions from their IRA to a charitable beneficiary, depending on the donor’s age.
Charitable Remainder Trust (CRT) – Donor places assets, such as cash, securities or real estate into a trust through a trust agreement. The donor or other designated beneficiary receives income from the trust for a specified period, after which the remaining assets go to a charitable organization.
Donor Advised Funds – Donor establishes charitable giving accounts in partnership with a sponsoring organization. Donor contributes to the fund and recommends grants to specific charities over time.
Planned Giving Resources
How do I set up planned giving?
Simply contact the church office.
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