ENDOWED FUNDS
What is Endowment?
An endowed gift to your church is an expression of you and your family's values and commitment to Christian Stewardship. It is a way of saying that after your family and loved ones, these are the causes that matter most, and providing for them is important to you. A gift from your estate to Plymouth Congregational Church strengthens our endowment and sustains God’s mission through the ministry of the Church – a lasting legacy and powerful response to God’s generosity.
Planned gifts are planned for during the donor’s lifetime but not realized by the beneficiary until the donor’s death. There are many other ways to plan a gift. There are gifts that pay you income during your lifetime and gifts that help reduce or avoid income and estate taxes. How you make your gift is important, but more important is the impact your planned gift will have on the causes that matter to you most.
This site is designed to make it easy for you to get the information you need when considering a planned gift. You will also find information to share with your financial advisor and/or estate planner. When you are ready, you can use this site to reach out to us to share your plans, let us know what you are considering, or just to start a confidential, no-obligation conversation about what’s possible.
Why Give?
An endowed gift is an expression of you and your family's values. It's a way of saying that after your family and loved ones, these are the causes that matter most and providing for them is important to you. A planned gift is important to Plymouth Congregational Church, too. These gifts help strengthen our endowment and sustain our mission.
We are the beneficiaries of our predecessors, who had the vision to design and build a church that has provided space for worship, education, and mission for nearly 150 years.
However, the need for financial support to maintain and enhance our historic building and its mission and ministries is great. One way to ensure Plymouth’s ministry remains viable now and in the future, is through planned giving.
Planned giving is a way to share your blessings beyond your lifetime through a variety of charitable giving options, which are described here.
We encourage you to reflect upon what Plymouth’s faith community has meant to you and your family, as well as your vision for its future. We hope you will consider a gift that will support Plymouth Congregational Church.
How to Give
Gifts from Your Will
Bequests
Through a provision in your written and executed Will or living trust, you can make a planned gift (or an outright gift) to Plymouth in the form of cash, securities, real estate or personal property. There are many types of bequests. Consult with your attorney to choose the one that best fits your needs and intentions.
Gifts that Pay You
Charitable Gift Annuities
You can turn underperforming or non-income producing assets (cash, stock, CDs, savings bonds, etc.) into a gift to Plymouth that provides income to you or you and a loved one. (One example of several available options is a Gift Annuity.) Your UCF Charitable Gift Annuity will return fixed, quarterly payments for life and provide tax benefits, too.
Beneficiary Gifts
Retirement Accounts and other Funds
Naming Plymouth as the beneficiary or one of the beneficiaries of a qualified retirement plan such as an IRA, 401(k), or 403(b) plan will accomplish a charitable goal while realizing a significant tax savings.
Gifts of Appreciated Assets
Buy Low. Give High.
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, the benefit the church receives exceeds the cost of the original securities purchased. You'll get a charitable deduction for the full amount of your gift and avoid the impact of the capital gains taxes on the appreciated securities.
Gifts of Personal Property
Real Estate and Other Valuables
Personal property, such as antiques, collectibles, musical instruments, works of art or vehicles, can be donated to us today or even after your lifetime through your estate. If the property is related to our mission, it's usually fully tax deductible based on its fair market value. In some cases, your gift of personal property can be used to fund a life income gift, such as a charitable gift annuity or charitable remainder trust.
Gifts of Life Insurance
Beneficiary
Name Plymouth as the beneficiary of an existing life insurance policy; donate an existing, paid-up life insurance policy you no longer need; or purchase a new life insurance policy and name Plymouth as the owner and beneficiary.