What is Legacy Giving or Legacy Stewardship?
There are three types of giving:
- Ordinary Stewardship – Our weekly or monthly giving or annual pledge as well as our regular giving of our time and talent or service to others.
- Legacy Stewardship – Estate or planned giving through bequests, trusts or other estate planning gifts.
- Extraordinary Stewardship – Memorial, tribute, capital gifts or other special gifts.
Ordinary Stewardship is the regular practice of returning to God a portion of all that God has given us. The regular giving of our time, talent, and money to God’s work is as much a spiritual practice as prayer and worship.
Legacy Stewardship is the way in which we address the matter of distributing the accumulation of our lifetime. Who will use your “stuff” when you no longer need it? It is the opportunity to leave a planned gift that constitutes both a legacy to generations yet unborn and a final witness to those whom we hold most dear. Through a legacy gift to the Church endowment, your estate is combined with those that have come before and after, so that together we will forever empower and feed mission and ministry of First Congregational for generations to come.
Extraordinary Stewardship involves the special occasions that arise in the life of Christian communities that call us to give beyond our ordinary habit. They involve increased risk and encourage us to experiment with sacrificial giving in order to help the community realize an especially important goal. Typically, these arise in the context of a capital campaign when the congregation seeks to take on something new or renew or refurbish its facilities, so that its ministry will be expanded and strengthened for the generations to come.
Why donate securities?
When you donate stock or other investments held for more than one year, the donor gets to deduct the fair market value of the stock on the date of the gift, rather than the (usually lower) cost basis.
How to make a gift of stock or other marketable securities.
The Church is grateful to receive all types of gifts of marketable securities. The church has an Ameritrade account that is used for clearing donated securities. To arrange such a gift, please contact the Treasurer.