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Legacy Ministry

Bethlehem First United Methodist Church . Legacy Ministry. Our Vision. My Story. 10 Reasons Every Church Should Have A Legacy Ministry. If you are not asking the members of your church for planned gifts, you can bet someone else is...

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Legacy Ministry

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  1. Bethlehem First United Methodist Church Legacy Ministry

  2. Our Vision

  3. My Story

  4. 10 Reasons Every Church Should Have A Legacy Ministry • If you are not asking the members of your church for planned gifts, you can bet someone else is... • Eventually that "someone else" will win their cash gifts too as planned gifts come from the heart. • Hard economic times when people are "cash-starved" are the best times for planned giving. • Those churches who even have a go at planned giving eventually earn 25% to 100% more than those who don't. • A typical planned gift is 200 to 300 times the size of the member's annual gift.

  5. 10 Reasons Every Church Should Have A Legacy Ministry • Planned gifts do not affect your church member's annual giving. Repeat: Planned gifts do not affect your church member's annual giving. • Church members are often eager to make a planned gift but don't know how. Or are never asked. And some are even offended that they aren't asked by their church! • Church members who make gifts through their wills typically are unknown and can surprise you. • Anyone can make a planned gift. • By working with the Georgia United Methodist Foundation's staff, promoting planned giving in your church is easy.

  6. Why do we need a Legacy Ministry?

  7. $41 - 136 trillion Wealth transfer in the next 50 years

  8. Why do we need a Legacy Ministry?

  9. Why do we need a Legacy Ministry?

  10. Stewardship as a way of life.

  11. Free image courtesy of FreeDigitalPhotos.net

  12. What is an endowment? Establish a church endowment

  13. 1. Permanent Fund or Source of Income

  14. 2. Support Programs and Ministries

  15. 3. Hedge against economic times Free image courtesy of FreeDigitalPhotos.net

  16. Perpetuity 4. Invested in Perpetuity Permanent source of income

  17. Examples of Legacy Giving? Outright Legacy Gifts

  18. Life Insurance Death Benefits Bequests Charitable Trusts and Annuities Cash Retirement Plan Assets Real Estate Stocks and Bonds Savings Bonds Examples of Legacy Giving?

  19. Examples of Legacy Giving? How Do You Make a Legacy Gift?

  20. 1. Leave a Final Tithe in Your Will 10%

  21. Members of Every Means How do we define Legacy Giving?

  22. 2. Meet with a member of our Legacy Committee and explore the options. .

  23. 3. Contact the GUMF • Planned Giving Website and Weekly Newsletter • Legacy Giving Services for Church Members • Individual Consultations • Trusts • Gift Annuities LEGACY - SEWING SEEDS OF FAITH FOR FUTURE GENERATIONS FUNDRAISING I INVESTMENTSILOANS I CHARITABLE GIVING I GRANTS ISCHOLARSHIPS

  24. 4. Review your plans with your attorney

  25. What can I do?

  26. 1. Make a planned gift My Legacy

  27. 2. Pray

  28. 3. Influence Others My Legacy

  29. 4. Communicate the Advantages of an Endowment to Others

  30. 5. Celebrate Progress

  31. 6. Help identify resource professionals

  32. Examples of Legacy Giving? What Happens Next?

  33. Charge Conference

  34. Legacy Committee Contents of Legacy Ministry Program sessions 6,7,8

  35. Establish a church endowment

  36. Church Statement Charge Conference Resolution Legacy Gift Confirmation Gift Acceptance Policy

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