THE BELL TOWER ENDOWMENT

Goals for 2010

Bequests: 2 million  (March 15,2010----- $1,480,000 approximately)

Cash & securities: $200,000  (March 15, 2010---- $150,000)

 

 

Form for enrollment

THE BELL TOWER ENDOWMENT is important because...

❏ it establishes a means by which to provide an enduring legacy for the church by spending only the interest of the Fund for maintenance of this facility and capital expenditures
 

❏ it is the basic rock upon which sound and lasting financial structures can be built
 

❏ it helps provide for the maintenance of our church facility forever
 

❏ it assures regular financial returns in accurately predictable amounts and, preserved intact, does so forever
 

❏ its principal sum continues to increase with efficient management and by the regular additions through living gifts, memorials, bequests, annuities and trusts


METHODS OF GIVING...

❏ Enrollment in Living & Memorial Endowments
“Living Endowments” are established in honor of friends, relatives, and loved ones who are still very much with us. They are gifts of affection, appreciation, recognition, thanksgiving, and to commemorate special occasions such as births, baptisms, and anniversaries. They may also simply be a public affirmation of the living donor’s belief that an endowment is appropriate.
The minimum initial gift to enroll is $100. Subsequently, additions may be made with a minimum of $50. Once enrolled, you are enrolled forever and automatically an “Endowment Sponsor.”
 

❏ By Bequests to the Endowment Fund - codicil available for download

❏ By Bequest naming the Endowment as contingent beneficiary

❏ Outright donations of cash, securities, real estate, or other property

❏ By donation of a residence

❏ By a Charitable Remainder Trust and by Charitable Remainder Annuities providing income to the donor for life.  Steve Lucas, CPA will answer tax questions from E.P.F. proposals free of charge.

Contact the Episcopal Church Foundation at 800-697-2858 or use our mailer for a personal quote or proposal.
Form for enrollment

Codicil example to give to Lawyer

 

TAX ADVANTAGES...

The Church of the Incarnation’s Bell Tower Endowment is structured so that it affords the fullest tax advantage to donors provided by law. In cases of major tax consideration, and concerning bequests, prospective donors are urged to consult their own counsel. The Endowment will cooperate with these professionals, but can, of course, render no legal advice.

By contributing securities which have significantly appreciated in value, it may be to a donor’s advantage to estblish at this time a major endowment which can be added to periodically thereafter.

THE BELL TOWER ENDOWMENT
P. O. Box 729
Highlands, NC 28741
828-526-2968

"Where your treasure is, there will your heart be also."