Newsletter
Calendar
Friday, July 30
7:00 a.m. Holy Eucharist
(St. Mary’s Chapel)
7:30 a.m. Morning Prayer
(St. Mary’s Chapel)
5:30 p.m. Evening Prayer
(St. Mary’s Chapel)
Saturday, July 31
8:30 a.m. Morning Prayer
(St. Mary’s Chapel)
4:30 p.m. Evening Prayer
(St. Mary’s Chapel)
5:30 p.m. Choral Eucharist
Sunday, August 1
8:00 a.m. Holy Eucharist I
10:00 a.m. Choral Eucharist I
5:30 p.m. Holy Eucharist II
Preacher-The Rev. Andrew J. Archie
Stewardship
Music
Planned Giving
Countless generations of donors have helped to sustain the traditions that
define The Church of St. Michael & St. George. Planned gifts are an
essential part of the church's long-term financial future and over time have
helped to shape the church today.
In addition of taking full advantage of the personal benefits you can
realize now with planned giving; including valuable tax benefits, augmented
income for you and another beneficiary, diversifying your investments, and
even the possibility of making a larger gift than would otherwise be
possible, you can create a legacy for the future.
Individuals who include the church in their estate plans become members of
The St. George Society.
For more information on how you can make a meaningful legacy gift to The
Church of St. Michael & St. George (Ways To Give) or contact the church at
314.721.1502.
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 and 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 and 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 and 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. But, if further
information about the financial needs of The Church of St. Michael and St.
George, or methods of giving, please contact the church or Laurie Brown at
Laurie@csmsg.org or 314-721-1502.
Please contact Laurie Brown at 721-1502 ext. 310 for more information on planned giving.