Planned Giving

Welcome! Located in St. Louis, in the close-in suburb of Clayton, we are a parish made alive in Christ and celebrating this life through the Anglican liturgy and sacraments with vibrant preaching and teaching, and beautiful, traditional music. Ours is a welcoming community and we're extremely family-friendly.

The parish family is a lively mix of lifelong Episcopalians and members raised in a number of other denominations and religious traditions. We hope that if you haven't done so already, you'll join us soon!

 

Stewardship

Growing In Generosity

Planned Giving

Planned Giving is a term commonly used to describe a wide variety of giving vehicles that allow you to give to charitable organizations during your lifetime or after your death, while meeting your current income needs and also providing for your heirs. Planned Giving is a viable option for donors at all income levels and is vital to the continuing operation of our church and its ministries. Depending on how a planned gift is structured, it may allow you receive a stream of income for life, earn higher investment yield and reduce your capital gains and estate taxes. To learn more about planned giving, please call or e-mail Laurie Brown at 314.721.1502 #4035 or laurie@csmsg.org.

WHAT IS PLANNED GIVING?

Simply put, planned giving is making a gift now to be received by the church at a later date. It can be a gift of securities, real estate, tangibles, cash, or virtually anything of value and in any amount. One does not need to be wealthy to make a gift of lasting value. Bequests can be either restricted or unrestricted. Income from all gifts is used by the board of trustees of the endowment fund in a number of important ways, including:

To enhance the worship of God through music.
To foster maintenance and modify the physical structure of the church.
To initiate and grow ministries within our parish and beyond.
To support adult education and spiritual formation.
To encourage the youth ministries and church school.
Provide for clergy and staff development.

WAYS TO GIVE

There are almost as many variations on ways to make a donation as there are needs to be met. Explore this section to discover new ways to make a gift that also take into consideration your personal circumstances and the needs of your heirs.

GIVING THROUGH YOUR WILL

A bequest is the simplest and most often used method of Planned Giving. Rather than specify a particular sum or piece of property, some donors give a percentage of the estate or the residue of the estate after outstanding obligations and family bequests have been paid.

A bequest to The Church of St. Michael & St. George can be added to an existing will with a simple codicil or will change.

GIVING GIFTS THAT PAY AN INCOME

Through a Charitable Gift Annuity, you can receive a guaranteed, fixed income for the remainder of your life. The guaranteed rate of return ranges from 5% to 11% depending on your age (from 60 to 90+). You receive an immediate income tax deduction, and a portion of the annual income is tax-free. Setting up a gift annuity is simple and cost-free. The remaining principal and any accrued income are distributed to The Church of St. Michael and St. George upon your death.

A Charitable Remainder Trust also pays an income and has many of the same benefits as a Gift Annuity. The details of a trust are more complicated but are also flexible enough to fit individual needs.

GIVING THROUGH LIFE INSURANCE

There are two common ways life insurance is used to make a gift. First, you may give a policy that is no longer needed. When you transfer the policy to The Church of St. Michael & St. George, you receive an immediate tax deduction. Second, you can purchase a new policy and name The Church of St. Michael & St. George as both owner and beneficiary. Premiums paid yearly can be claimed as a charitable deduction.

REAL ESTATE AND TANGIBLE PERSONAL PROPERTY

An individual may donate real estate, artwork, a coin collection, jewelry or other tangible personal property and receive tax benefits. It may be something that the church can use or something that can be liquidated to provide funds for other purposes.

FINANCIAL PLANNING

The Church of St. Michael & St. George is not engaged in rendering legal or tax advice. For assistance with specific cases, the services of an attorney or other professional advisor should be obtained. For more information about the financial needs of The Church of St. Michael & St. George, or methods of giving, please contact the church or Laurie Brown at laurie@csmsg.org or 314.721.1502 #4035.