PLANNED GIVINGPLANNED GIVINGThe Life Planning ModelThe Life Planning Model

BY CARL KNIRKBY CARL KNIRK

Canon for Planned Giving/Stewardship/ EvangelismCanon for Planned Giving/Stewardship/ Evangelism

Diocese of Olympia, Seattle, WashingtonDiocese of Olympia, Seattle, Washington

A PRAYERA PRAYER

Gracious God, give us a generosityGracious God, give us a generosity

that pushes back the boundaries, for that pushes back the boundaries, for even death by You has been even death by You has been defeated.defeated.

With all our powers we find our power With all our powers we find our power in You.in You.

The Light shines on, and life is lived in The Light shines on, and life is lived in You. AmenYou. Amen

FOUR FIELDS OF GIVINGFOUR FIELDS OF GIVING

Annual GivingAnnual Giving Capital GivingCapital Giving Mission GivingMission Giving Legacy GivingLegacy Giving

Healthy, vibrant churches practice all Healthy, vibrant churches practice all four regularlyfour regularly

RUBRIC ON PAGE 445

The Minister of the Congregation is directed to instruct the people, from time to time, about the duty of Christian parents to make prudent provision for the well-being of their families, and of all persons to make wills, while they are in health, arranging for the disposal of their temporal goods, not neglecting if they are able, to leave bequests for religious and charitable uses.

WHY DO PEOPLE GIVE TO THE WHY DO PEOPLE GIVE TO THE CHURCH?CHURCH?

Because they love ChristBecause they love Christ

For mission and ministryFor mission and ministry

To share the Good NewsTo share the Good News

Because they were askedBecause they were asked

WHY HAVE MEMBERS OF OUR CHURCH NOT MADE

ARRANGEMENTS FOR LEGACY GIFTS?

BECAUSE NO ONE ASKED! YOU’VE PROBABLY BEEN ASKED BY

SOME OTHER INSTITUTION

THE LIVING TREETHE LIVING TREE(see Dio. of Oly. Brochure)(see Dio. of Oly. Brochure)

““People have made at least a start People have made at least a start

at understanding the meaning of at understanding the meaning of

life when they plant shade trees life when they plant shade trees under which they know full well under which they know full well

they will never sit”they will never sit”

David Elton TruebloodDavid Elton Trueblood

ENCOURAGE UNRESTRICTEDENCOURAGE UNRESTRICTEDPERCENTAGE LEGACY GIFTSPERCENTAGE LEGACY GIFTS

Think percentages, ten percent of Think percentages, ten percent of nothing is nothingnothing is nothing

A specific amount could be too much A specific amount could be too much or too littleor too little

Unrestricted giving trusts that the Unrestricted giving trusts that the vestry will use the gift wiselyvestry will use the gift wisely

We don’t necessarily know the needsWe don’t necessarily know the needs of the church years from nowof the church years from now

GIFTS FOR ENDOWMENTGIFTS FOR ENDOWMENT

Appeals to about 30% of donorsAppeals to about 30% of donors

Person’s gift lives on in perpetuityPerson’s gift lives on in perpetuity

Only income/appreciation are spent, Only income/appreciation are spent, principle is protectedprinciple is protected

LIFE PLANNING SEMINARSLIFE PLANNING SEMINARS

Sets the ministry of planned giving in Sets the ministry of planned giving in a Christian contexta Christian context

Comprehensive, from wills to Comprehensive, from wills to memorial servicememorial service

Avoids leaving a mess for our Avoids leaving a mess for our family/friends to clean upfamily/friends to clean up

SEMINAR OVERVIEW

One hour or less, after Sunday worship has proven successful

Offer some good Episcopal food Advertise and invite well in advance with newsletter articles, bulletin

announcements, letter from clergy

SEMINAR OVERVIEW

Can also be done in partnership with an attorney talking about estate planning 101, last 2 or 3 hours

Clergy person talking about end of life issues, pastoral care

Be sure to include a handout with ways to make planned gifts with sample language

THE LIFE PLANNING MANUALTHE LIFE PLANNING MANUALDiocese of OlympiaDiocese of Olympia

First written in 1994First written in 1994 9,000 copies distributed free since9,000 copies distributed free since Copy available for free in aCopy available for free in a

word file and pdf format at word file and pdf format at www.ecwwgift.org

The Diocese of Olympia Planned The Diocese of Olympia Planned Giving websiteGiving website

, WHY SHOULD WE DO THIS PLANNING WORK?

Matthew 24:42 So we don’t leave a mess for our

family to clean up To leave a legacy, acting on our

values and faith Rubric on page 445 of the Book of

Common Prayer

EMPHASIS ON WILLS

8 out of 10 legacy gifts are simple bequests in one’s wills

If you die without a will, the state has one for you

For many, a simple codicil can be added to an existing will

You need to see an attorney

CHRISTIAN PREAMBLE

Personal statement of faith to be added to your will, witness to others

Provide it to your attorney and ask it be added at the beginning of your will

SAMPLE BEQUEST LANGUAGE

Provide members of the church sample language for a bequest to their church

Suggest unrestricted, percentage giving

Endowments appeal to many, your gift lives on in perpetuity

Be prepared to counsel donors

OTHER COMMON WAYS TO OTHER COMMON WAYS TO MAKE LEGACY GIFTSMAKE LEGACY GIFTS

Life Insurance Life Insurance

Retirement PlansRetirement Plans

IRA’SIRA’S

GIFTS THAT PROVIDE INCOME

Charitable Gift Annuity – tax deduction, income for life, rates based on age

Charitable Trust – gift of cash, property, securities, provides income for life, tax deduction

DURABLE POWER OFATTORNEY

As important as a will Makes decisions for you should you

become incapacitated Use discernment, offer suggestions

in who you name The are lots of stories where this can

go awry

HEALTH CARE DIRECTIVE

Also called Living Will Durable Power of Attorney for Health

Care Advanced Care Directive Forms available on line for your

state, in hospitals, doctor’s offices Share your decisions with your family

in advance, tell them where to find the form

LOVING LETTER

Being done more as people live longer but have their wisdom and want to share it after their death

Opened after you die, written to loved ones

Some stories

PLANNING YOUR MEMORIAL SERVICE

Doing this in advance is a real blessing to your family and clergy

Sit down with clergy to do the plan, have a copy on file at the church

You have some wonderful choices What will the party after look like Remember, it’s a celebration of your

life Some stories

INFORMATION FRIENDS AND FAMILY NEED

This is a section that can be as comprehensive as you wish

It can be done in a word file and given to loved ones

Having it all in one place will be an incredible blessing

SOME KEY ITEMS

The Will – where is it? Safe Deposit Box – the key? Executor of Estate Passwords Who you want notified Insurance, investments, etc.

OBITUARY

You can write your own

Who do you notified when you die, provide names, phone numbers, list

DISPOSITION OF PERSONAL EFFECTS

Make a list of articles and who you want to be beneficiary

This can save a lot of arguments and misunderstanding, family scraps

Reference the list in your will and where to find it – state laws may be different

WHERE TO KEEP THIS INFORMATION

Fireproof deposit box in your home Plastic bag in freezer File cabinet Regardless, tell your loved ones

where they can find this information

DIOCESAN RECOGNITION DIOCESAN RECOGNITION SOCIETY FOR LEGACY GIFTSSOCIETY FOR LEGACY GIFTS

Allows the Bishop and Diocese Allows the Bishop and Diocese

to say thank youto say thank you Gives a platform for planned Gives a platform for planned

giving ministry across the diocesegiving ministry across the diocese You can never say thank you enoughYou can never say thank you enough Cultivates additional giftsCultivates additional gifts

BISHOP’S SOCIETYDiocese of Olympia

Started in 1993, had 184 members in 1998, now has 1390, 10% have passed on

Every person receives purple leather bookmark, lapel pin

Hold thank you events once or twice a year

Any Episcopal ministry qualifies

LOCAL LEGACY SOCIETIESLOCAL LEGACY SOCIETIES

Recognizes those who’ve Recognizes those who’ve remembered their local church in remembered their local church in their estate planstheir estate plans

Schedule a Legacy Sunday that fits Schedule a Legacy Sunday that fits liturgically – prayers, sermon, liturgically – prayers, sermon, witness, receptionwitness, reception

It’s about inviting others to It’s about inviting others to

leave a legacy for Christ’s workleave a legacy for Christ’s work

LEGACY SOCIETY KIT

Updated in 2009, based on formation of Emmanuel Church, Mercer Island Legacy Society

Comprehensive Includes structure formation,

marketing, celebration Even has prayers of the people,

sample liturgy for Legacy Sunday

IS THIS A GOOD REASON TO IS THIS A GOOD REASON TO HAVE A WILL?HAVE A WILL?

Avery Knirk, 6 years Avery Knirk, 6 years old, Audrey, 3, old, Audrey, 3, Renton, Renton, WashingtonWashington

God blesses us with God blesses us with so much, grand-so much, grand-

children top the listchildren top the list

HAVE YOU TAKEN CARE OF HAVE YOU TAKEN CARE OF YOUR LOVED ONESYOUR LOVED ONES

You need a will, You need a will, health care health care directive, the directive, the family needs to family needs to know your plansknow your plans

We never know We never know when our time when our time

will comewill come

WE ARE RESURRECTION WE ARE RESURRECTION PEOPLEPEOPLE

We believe in one holy catholic and We believe in one holy catholic and apostolic Church.apostolic Church.

We acknowledge one baptism for the We acknowledge one baptism for the forgiveness of sins.forgiveness of sins.

We look for the resurrection of the We look for the resurrection of the dead, and the life of the world to dead, and the life of the world to come.come.

The Nicene CreedThe Nicene Creed

TIME TO GET MOVINGTIME TO GET MOVING

Get your affairs in order, God does Get your affairs in order, God does not want us to leave a messnot want us to leave a mess

None of us knows when our time will None of us knows when our time will comecome

The biggest sin in legacy planning The biggest sin in legacy planning and giving is “procrastination”and giving is “procrastination”

IN SUMMARYIN SUMMARY

Everything you have is a gift from Everything you have is a gift from God. Christian Stewardship is then God. Christian Stewardship is then what we do with all that God has what we do with all that God has given us, after we say, “I believe.”given us, after we say, “I believe.”

For a copy of this For a copy of this powerpoint presentation powerpoint presentation

email:email:cknirk@ecww.orgcknirk@ecww.org

A BLESSINGA BLESSING Life is short and preciousLife is short and precious and we do not have too much timeand we do not have too much time to gladden the heartsto gladden the hearts of those who travel the way with us;of those who travel the way with us; so be swift to love,so be swift to love, and make haste to be kind;and make haste to be kind; and may the blessing of the Oneand may the blessing of the One who made us,who made us, who loves us,who loves us, and who travels with us,and who travels with us, be upon you, and those you love dearly,be upon you, and those you love dearly, this day and always. Amenthis day and always. Amen