A Planned Gift costs you nothing today and gives you the power to continue making a difference in St. Peter’s long after you are gone. You maintain full control of your assets during your lifetime, ready to respond to your needs or the needs of your family. Yet your gift becomes a living legacy of your stewardship and concern for the future of our parish community.
Cornerstone Planned Giving Society:
St. Peter’s Cornerstone Planned Giving was created in October 2013. This honorary organization allows us to thank today those who have created a provision in their estate plans to benefit St. Peter’s Parish. As a member of Cornerstone Planned Giving, you have the opportunity to encourage others, by your example, to do the same.
We ask you to let us know when you have included St. Peter’s in your future giving plans. Please provide as much information as you are comfortable with on our Future Gift – Statement of Intent, and submit to the parish development office.
In addition, individuals who make a planned gift to the St. Peter’s Parish Endowment Fund will be recognized in the St. Peter’s Heritage Society which celebrates all gifts to the Parish Endowment Fund.
- Designate St. Peter’s as the beneficiary (or partial beneficiary) of your IRA, life insurance policy, stocks, bonds, or mutual funds, real estate property, or Certificates of Deposit (CD’s).
- Make a charitable bequest through your living trust or will. Gifts may be made:
1) In a specific dollar amount
2) A percentage of your estate
3) A specific asset
Types of Gifts:
- Liquid Assets
- IRA – beneficiary designation, partial or full
- Stocks or Mutual Funds
- Life Insurance Policy – beneficiary designation, partial or full
- Real Estate
- Certificate of Deposit (CD)
- Savings account – Payable on death (POD)
St. Peter’s General Fund
(An unrestricted gift to be used in the current year)
This fund supports the operating budget of St. Peter’s, including salaries, building repairs, utilities, and other ongoing expenses. Gifts received for this fund will likely be used during the year the gift was received.
St. Peter’s Parish Endowment
(An unrestricted gift to be invested in our Parish Endowment Fund to return income that will be used across the parish in the future)
Established in May 2013, the Parish Endowment is a professionally managed portfolio of funds into which donations will be invested. When the Endowment meets the threshold of $400,000, the interest from the corpus will help fund unrestricted needs of the parish, including capital purchases and repairs, school and youth programs, and equipment purchases. For more information about the Parish Endowment, click here.
St. Peter’s Endowment Trust Fund for Catholic Education (ETFCE)
(A restricted gift to be invested in the ETFCE to return income that is to be used by St. Peter’s School and/or Catholic education at the parish.)
In November of 1990, St. Peter’s Parish created an endowment fund within the Endowment Trust Fund for Catholic Education. With the leadership of then-pastor Father Gerald Waris, parishioners Mary Jo McCann and Kevin Clune became our founding board of directors.
To learn more about the ETFCE Endowment, click here.
To discuss your Planned Giving for St. Peter’s:
Please call Karen Conley, Development Director, at (816) 800.0105, or e-mail firstname.lastname@example.org.