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Planned gifts are the primary way a charity's supporters can financially support the causes they believed in during life, after they have passed on. Planned gifts include bequests from wills and trusts, gifts of retirement assets and insurance policies and charitable gift annuities, to name a few.
Planned gifts are typically the largest gifts a charity receives; the average size bequest is $162,282. While all Catholic charities can benefit from planned gifts, very few unleash the potential of planned giving. A recent survey showed that fewer that 3% of parish priests could recall ever receiving a bequest from a deceased parishioner.
Why do so many Catholics overlook making a bequest to the Church? It's for one main reason; they just are not asked effectively. Our award winning planned giving services are just what you need to help the faithful remember the Church with a legacy planned gift.
The Catholic Church is going through a significant demographic change with a tremendous transfer of wealth from one generation to the next generation. In 2016, overall giving to religious charities increased 3.0 percent, with an estimated $122.94 billion in contributions. Giving by bequests totaled 30.36 billion in 2016.
However, recent surveys show that fewer than one (1) percent of donors remember to leave a bequest to the Church in their estate planning. Is your Catholic charity one of those that are being disinherited by its donors? It doesn't have to be. The Catholic Church's ability to have active and vibrant ministry to serve the many needs in the community will depend on the planned gifts it's current donors leave them now. When donors pass away without making a planned gift to the Catholic Church, the Church’s financial position is permanently weakened.
Why doesn’t the Church receive many planned gifts? The answer is surprising
Charities are increasingly realizing the importance of starting a planned giving program, before any more of their senior donors pass away and unintentionally disinherit the charity.
But how do you start your planned giving program and how to afford it? Starting your planned giving program need not be expensive. Stewardship Planned Giving has a plan to fit every charity’s budget.
In fact, with each of our service plans your charity’s net expense is minimal. So how does this work? We will provide you services that generate planned gifts and current gifts that substantially exceed the cost of the services. Depending on the services you choose, you can expect to receive gifts totaling over fifty (50) times the cost of the services. And our guarantee enables you to get the services you need with a net annual budget of zero.
So really you have nothing to lose and everything to gain.