How can I reach the Episcopal Church Foundation?
EMAIL: www.episcopalfoundation.org
MAIL: 815 Second Ave. New York, NY 10017- 4564
FAX: 212-297-0142
PHONE: 800-697-2858
PLANNED GIVING WEBSITE:
Episcopal Foundation Planned Giving
Life Income Gifts: How can the Episcopal Church Foundation help people?
The Foundation provides three investment options for us to make Life Income Gifts. These gifts provide income to donors or other individuals for their lives or a term of years.
Upon the death of the last income beneficiary, the assets are distributed to the charities designated by the donor.
The donors’ objectives help determine which of three gift options they choose. In each case, the minimum age is 55. More than one Episcopal ministry can be designated as the eventual beneficiary.
POOLED INCOME FUND
Minimum initial contribution is $2,500
Income fluctuates and is based on Fund performance
There are tax saving advantages
CHARITABLE GIFT ANNUITY
Minimum contribution is $5,000
Income is a guaranteed, constant among and is based on donors’ ages
There are tax saving advantages
CHARITABLE TRUSTS
Minimum contribution is $100,000
Income is determined according to the type of trust established
The Foundation’s counsel prepares draft trust documents at no charge to donors for their professional advisors to review.
What are the services the Episcopal Church Foundation can provide in setting up Life Income Gifts?
The Foundation can create a computerized analysis with calculations specific to any of the three gift options described above, including estimated figures regarding tax deductions, income payments, and final gift to charity. The Foundation subsidizes custodial and management fees. The Foundation is not engaged in rendering legal or tax advice. For advice and assistance, donors are urged by them to consult an attorney or professional advisor.
What is the Episcopal Church Foundation?
The Episcopal Church Foundation, a private, independent foundation set up in 1949, located in New York City serves the Episcopal Church and all its members. In its Philanthropic Services department it assists parishes and dioceses in building their financial resources so future ministries will be assured.
The Foundation helps givers select vehicles for planned gifts so both they and their parishes benefit. Further, the Foundation provides support for individuals, parishes and dioceses in the form of Conferences, the Academy for Episcopal Philanthropy and Field Consultations from their regional representatives.