Planned Giving

[A]ll shall give as they are able, according to the blessing that the Lord your God has given you.
Deuteronomy 16:17

All of us are indebted to the past, to those who have preceded us. We drink from wells we have not dug. We enjoy liberties we have not won. We share faith whose foundations we have not laid.

At the same time, we are seeds of the future, for those who succeed us. We dream and envision and set things in motion. The fruition of our decisions will be known only to others whom we will not meet. We are called to partner in faith with those who have gone before us and to offer the best that we have to give to those who will follow.

Planned Giving is one way we can honor the past as we work toward the future. Contact Jan Scheurer by email or phone 314-962-9210 x3206 or Joyce Kimmons by email or phone 314-962-9210 x3207 for more information.

How to Make a Planned Gift

Gifts Now

Appreciated Securities (or other assets) | The gift of appreciated securities is most often in the form of common stock or mutual funds. Such a gift is a valuable way to benefit WGPC and for you to receive tax benefits based on the fair market value of the assets. Other appreciated assets, like real estate, may be gifted, but it is important to discuss these in advanced with the church.

Real Estate | With prior approval of WGPC, real estate may be deeded outright to the church or left by bequest. The irrevocable gift of property may provide an immediate tax deduction and avoid capital gains. Due to complexities, be prepared to work with the church and qualified advisors to ensure that this is a suitable gift for both you and WGPC.

Life Insurance | Make a gift of a policy or buy a policy making WGPC the owner and/or beneficiary.


Gifts That Pay Income

Charitable Gift Annuity | The gift annuity is an irrevocable gift of cash or securities in which you receive a predictable fixed income for life. At termination, the church receives the residual value of the annuity. There are also potential tax benefits depending on your particular situation.

Charitable Remainder Trust | The remainder trust is an irrevocable gift of assets into a charitable trust that provides you a fixed (Annuity Trust) or variable (Unitrust) income for life or for a set term. At the trust’s termination, the trust assets become a generous gift to WGPC. There are also potential tax benefits depending upon your situation.

Charitable Lead Trust | The lead trust’s income payments are distributed to the church for a set period of years, after which the assets are transferred back to the grantor or whomever the grantor has named the beneficiary. This provides generous annual support for the church now, removes the asset from the estate and passes an asset to heirs with little or no tax. There is no immediate deduction for the lead trust.


Gifts Later

Bequest | The bequest is a gift through your will or revocable trust that enables you to retain the asset during your life and provide significant support when you no longer require the asset. You may choose a specific item, a percentage or a residual bequest. You may also choose to make WGPC a contingent beneficiary in case the heirs are unable to receive the estate.

Retirement Plan Assets | In some cases, retirement assets can be the most heavily taxed assets in the estate. Naming WGPC as beneficiary can avoid that taxation, enabling the asset to pass tax free to the church. You may also make WGPC a percentage beneficiary or a contingent beneficiary of a retirement plan.

Bank or Investment Account | Financial accounts can be a simple and inexpensive way to leave a legacy gift for the church. Contact a financial advisor to see how easy the process is to make WGPC the beneficiary of a particular investment or bank account.

Memorial Gift | You can name WGPC in your wishes for your final plan by reminding your loved ones to mention WGPC as a recipient for memorials.

We seek to live Christ's love, welcome all people and joyfully serve God.