1	Leaving a Legacy at First Presbyterian Church of New Canaan through Planned Giving This website page provides a comprehensive overview of the Planned Giving program at the First Presbyterian Church of New Canaan (FPCNC) The website page addresses seven questions about Planned Giving at FPCNC in a simple and straight-forward manner: What is Planned Giving? Why Do We Need Planned Giving At FPCNC? Who Can Participate In Planned Giving? What Are My Planned Giving Choices? How Do I Benefit? How Will My Planned Gift Be Used? How Do I Get Started? Once you have reviewed this information, you will understand how, through Planned Giving, you can leave your legacy for those who will follow you at FPCNC. We hope that you will join other members and friends of the Church in freely giving of yourself, on a planned basis, to create a stronger and more vibrant ministry of God’s word.
2	What is Planned Giving? Planned Giving Is… The act of leaving a legacy by including a gift to FPCNC in your estate plan The creation of: -- a solid long term financial base from which to conduct FPCNC’s ministry -- a separate reserve for major initiatives or unforeseen needs The means by which FPCNC members and friends can: -- plan for both their individual estates and FPCNC’s longer term needs -- realize significant personal income, capital gains, and estate tax savings The way to create a stronger, more vibrant Church!
3	Why Do We Need Planned Giving at FPCNC? Historically, FPCNC has been supported by our Stewardship Campaign and other ad hoc campaigns As a result: -- FPCNC has minimal reserves to cover emergencies or make capital upgrades -- Stewardship Campaign shortfalls have forced use of minimal reserves to cover day-to-day operating expenses -- Aging FPCNC physical plant-- basic repairs versus facilities upgrades The case for Planned Giving at FPCNC: -- create an “endowment” to guarantee FPCNC’s long term survival -- invest the endowment to generate income or upgrade FPCNC facilities -- create individual estate plan opportunities for income, capital gains, and estate tax savings
4	Who Can Participate In Planned Giving? Anyone and, we pray, Everyone! Simply include FPCNC in your estate plan-- some ways to do that are coming up! Planned Giving is already happening at FPCNC… some examples: -- Ruth Hilbert-- Bequest to Will / two generous gifts -- Anonymous Member-- Charitable Remainder Trust / funded by appreciated stock -- Anonymous Member-- Estate Plan / gift available to FPCNC upon their passing Current Session members have individually been requested to participate in the program
5	What Are My Planned Giving Choices?
6	How Do I Benefit?
7	How Will My Planned Gift Be Used? Endowment Needs Endowment itself will never be spent-- “the gift that keeps on giving” Endowment funds are invested in financial instruments Resulting income can be used to address unforeseen needs as they occur The larger the endowment, the larger the earnings stream Capital Needs Capital needs are becoming potentially significant due to age of physical plant All capital projects must be approved by the Session Examples: -- addition of new classrooms -- major remodeling of Bliss House
8	How Do I Get Started? We have created two worksheets to help you update or create your estate plan: “Personal Record Book” “How to Create an Estate Plan Worksheets available through: the Church office (203 966 0002) plannedgiving@fpcnc.org Click on the links below to open these documents on your computer: : With both worksheets complete, you will be ready to sit down with your estate planning team Please note that the materials provided in this brochure are general and informative in nature, and do not constitute advice, legal or otherwise. Through careful estate planning, you can obtain your objective of providing for loved ones, as well as for FPCNC. Please consult with your attorney and /or your advisor for financial and estate planning before you take any action.