46 Cherry St, Danvers, MA 01923, US | allstoffice@gmail.com
PLANNED GIVING
Planned gifts to All Saints Legacy Society
All Saints offers its donors many opportunities to make gifts to support and sustain the parish, with systems in place to expedite the processing of gifts from receipt to utilization -- as the donor instructs -- to maximize the effectiveness of that gift to All Saints.
All Saints values and is responsible for maintaining its integrity. No gift can be accepted which is overly restrictive in purpose or which sets limits that are inconsistent with the mission of the parish. All Saints will not accept gifts which involve discrimination based upon race, gender identity, sexual orientation, age, national origin, color, disability, or any other reason prohibited by federal, state, and local laws.
Planned gifts are legal decisions to make charitable gifts that will be realized from one’s estate in the future.
In the last few years we have received just approximately $40,000 in estate giving and it has helped us greatly with the finances of our merger as well as with the renovation of our nursery.
Much of what All Saints history is today has been made possible by past planned gifts. The simplest form of planned giving is a revocable bequest written into one’s will. More complicated instruments outline various irrevocable annuity trust plans that designate a set principal to an institution upon the death of the donor, but retain income rights for a limited number of beneficiaries for a limited time period.
Upon the death of the donor and specified beneficiaries, the principal is then turned over to the institution.
The Legacy Society of All Saints Episcopal Church of the North Shore is made up of people who have notified the church that they have made a planned gift to All Saints.
Knowledge of these important future gifts promises continued support that allows the church to more fully live into visionary plans.
If you are considering a planned gift, the first step is to consult with your lawyer or financial advisor and then with the Church Treasurer. Want more information, contact the Parish Office.
LIVING ON
A legacy gift is one of the easiest ways there is for us to leave a little bit of ourselves behind at All Saints. With the help of an attorney, you can include language in your Will or Trust specifying gifts to be made to family, friends, other charities, and also to All Saints North Shore.
Typically, planned gifts can account for 10 to 30% of an organization’s annual revenue, and the percentage usually increases over time to help build endowment.
Find out more about how you can 'live on' at All Saints by clicking on the link at the bottom of this page.