Your Stewardship Committee continues to seek ways to help you determine how best to offer your time, talents and treasure to the Ministry of St. George’s. Your enthusiastic response to the Pledge Program last Fall was a great encouragement and reflects the commitment of this congregation to the work of our church.
“PLANNED GIVING” PRESENTATIONS
Sunday, April 7 (after the 10:30 am service)
Sunday, April 14 (after the 8:30 am service)
Our Stewardship Committee has been very active in developing a Pledge Program that we implement in the Fall whereby we have an opportunity to indicate what we hope to contribute to St. George’s in the coming year. We have been very encouraged by the positive response, and our generosity was reflected in the favourable financial report Ralph Sykes presented to us just before vestry.
However, in addition to the Pledge Program, your Stewardship Committee is committed to providing information on other ways we can contribute to the mission and ministry of St. George’s both now and into the future. Planned Giving is one such method.
Planned Giving involves looking at our personal assets and developing a plan for including our church along with our family as beneficiaries of those assets when we are gone. Planned Gifts can be in the form of:
Wills and Bequests
Each one of these methods has options and advantages without jeopardising what we want to leave our family. They also offer opportunities to structure our gift in order to realise tax benefits.
Often when younger people hear about wills and bequests, etc. they assume the conversation is just for older people. But Planned Giving includes ideas for every age group.
To start the conversation, our Stewardship Committee is holding a special information session after the 10:30 service on 7 April and after the 8:30 service on 14 April. Both presentations will be held in the Chapel. Coffee and cookies will be provided...This presentation will provide an overview of some of the options Planned Giving offers. We do not presume to be experts but we will be able to help you find the information and expertise you need.
When we bring our offerings to church we say in one form or another – “All things come of Thee, O Lord, and of Thine own have we given Thee.” We are stewards of all that God has entrusted to us.
So please join us on 7 or 14 April to explore ways whereby some of our accumulated assets can continue to support the work and ministry of St. George’s for future generations.
YOUR KINGDOM COME
Fundraising is a very rich and beautiful activity.
It is a confident, joyful, and hope-filled
expression of ministry.
In ministering to each other,
each from the riches that he or she possesses,
we work together for the full coming
of God’s kingdom.
HENRI J. M. NOUWEN
The Annual Pledge Program allows the Corporation to plan a more realistic budget for the coming year. However, we also need to take steps to ensure the long term sustainability of the parish. One option is to remember St. George’s in our wills. In this way, we are able to direct some of our acquired resources back to the church, thus contributing to the present and future well-being of St. George’s in the long term.
Please review The Case for a Will and Remembering St. George’s, which was included with the Fall issue of The Carillon. The first section explains the wisdom in preparing and maintaining a will. The second section outlines the benefits of including St. George’s as a recipient in your will.
As your Stewardship Committee, we invite you to consider The Case for a Will and Remembering St. George’s. If you have a will, it is wise to review it every five years as situations and circumstances change. If you do not have a will, we encourage you to do this—no matter your age. Your financial advisor, accountant and/or lawyer, are able to offer advice and counsel in preparing a will. Ralph Sykes, our Treasurer and Stewardship Committee member as well as other members of the Stewardship Committee are also available to recommend resources that might assist you.
Remembering the church and other charities in your will has become a very popular means for people to continue giving after they have passed away. This is just one way that we can manage the assets we have acquired in our lifetime. In the coming months, your Stewardship Committee will be providing opportunities to learn about other ways we can ensure that some of our ‘wealth’ contributes to supporting our church and those institutions that mean a great deal to us—without denying our children and families.
Thank you for your ongoing commitment to St. George’s through your time, talent and your treasure. May God bless you as you consider how together we can ensure that our church is here for our children and our children’s children.
St. George’s is blessed with a healthy Endowment Fund. This is a legacy from previous generations that reflects their generosity and vision for our church in the present and into the future. The wonderful benefit of an Endowment Fund is that it can work for the church by producing income without diminishing the value of the Fund itself. When we direct bequests from our wills to the Endowment Fund, these along with accrued interest, increases the overall value of the Fund. By drawing down some of this increase for Operating or Capital Fund budgets, the church benefits from the growth of the Fund while maintaining a solid base.
The objective of the Corporation of St. George’s is to manage the parish’s Endowment Fund in such a way that it grows in value and also provides resources for ongoing Operating and Capital expenses. Therefore, the Corporation has established a policy and management guidelines for drawing money from the Endowment Fund. For example, the current value of the Endowment Fund (2012) is $1,822,337. For 2012, the amount that can be drawn down based on the guidelines will be $11,168. Specific details about the criteria for drawing down from the Endowment Fund are available from our Treasurer, Ralph Sykes.
The Endowment Fund is both a gift and a responsibility. Bequests are one of the best ways to ensure that the Endowment Fund continues to grow and provide a financial resource for our Church now and into the future. By directing a bequest in our will to the Endowment Fund, we will become part of the continuing legacy of parishioners of St. George’s. By managing the Endowment Fund wisely and prudently, we will have an additional source of income, along with our regular donations that will provide financial stability and a secure future for the ministry to which God has called us.
Thank you again for your careful consideration of including
St. George’s in your will.
Your Stewardship Committee
Pick up a copy of "Ensuring Your Wishes: A Guide to Your Will" from the church office, and don't miss Sunday, September 16 when Archdeacon John Robertson will be here to answer any questions you may have about wills and bequests.