Room to Grow, Room to Serve, Room
for You
Planned Giving
What is Planned Giving?
 Planned
[or deferred] gifts are gifts to the church from individual donors
in the form of bequests, gift annuities, trusts, life insurance,
real estate, retirement plans or securities. The Stewardship Committee,
with approval of the Trustees, disperses the monies. Planned giving
can be directed to several areas:
Unrestricted
This fund is for gifts that have not been designated for special
purposes by the donors. The fund is available for the pressing
needs in the church community. This flexible fund is an ideal
way to remember a loved one. Minimum gift is $1,000. The primary
use of the fund will be for non-annual recurring needs (i.e.
capital improvements, buildings) and emergency needs.
Restricted
This fund is for gifts given for a special purpose, designated
by the donor, such as the music program, scholarships or special
projects. Whereas a donor has the right to restrict the use
of his or her gift, unrestricted gifts are greatly appreciated
as they can be used at the discretion of the Trustee Committee.
For information on making a planned gift, please see a member
of the Planned Giving Committee or a minister.
Why Emphasize Planned Giving To Brookside?
It is important to provide for the continuity and stability of
our church in a permanent way.
What Are The Benefits of Planned Giving
to the Donor?
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The donor can receive income for life and often increase
discretionary income as well
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Income tax benefits often allow the donor to do more for
heirs and charity than would have otherwise been possible
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Gives the donor the joy of generously supporting Brookside
Congregational Church and the community beyond his or her
lifetime
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What Are The Benefits of Planned Giving to Brookside?
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Provides an important base for long-term financial strength
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Gives support for projects that are beyond the yearly operating
budget of Brookside Congregational Church
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Can benefit all Brookside Congregational Church organizations,
programs and activities
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Often enables gifts that are larger than outright contributions
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Your Gift
Gifts and bequests may be in any amount of $1,000 or more. A
Planned Giving committee member can explain the many types of
gifts and methods of giving available to you. Your lawyer or financial
advisor can explain which method may be best suited for you.
Ways to Give
Outright Gift
The simplest way of giving. Current tax laws may offer
immediate advantages for such gifts. Life Insurance: Name Brookside
Congregational Church as the beneficiary. The premium payments
may be tax deductible.
Gift of Securities or Property
A gift of security investments or real estate may offer
special tax advantages to the donor with respect to capital
gains.
Creation of Trust
A Trust can be designed to meet any special set of circumstances
to guarantee the family's current and future needs and provide
a future gift to Brookside Congregational Church Gifts to Brookside
Congregational Church can be added to an existing Revocable
Trust by an Addendum.
Bequests by Will
Another simple way of giving. Bequests to Brookside Congregational
Church may be excluded from your estate for estate tax purposes.
Brookside Congregational Church can be included in a new will
or added to an existing will by a Codicil.
Guaranteeing Your Current Pledge
By establishing a gift annuity, you may be able to provide
the current income to satisfy your annual pledge to Brookside
Congregational Church and still provide a more significant gift
to the church in the future if you choose.
For more information, please contact the church office at 669-2807.
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