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Encouraging Legacy Giving in your Parish Eleanor Gill National Legacy & Funding.

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Presentation on theme: "Encouraging Legacy Giving in your Parish Eleanor Gill National Legacy & Funding."— Presentation transcript:

1 Encouraging Legacy Giving in your Parish Eleanor Gill National Legacy & Funding

2 Financial opportunity Christian Giving Life affirming Appropriate Prospects Mortality Rates Face to face fundraising Making the ask

3 What does the word L E G A C Y mean to you?

4 Legacies A POT OF GOLD

5 Voluntary Sector Worth around £2 billion pa Church of England Worth £44.2 million in 2011 Data: Institute of Fundraising 1. Valuable source of income

6 75% of Britons … An increase of just 4% would raise a further £1 billion pounds! Data: Institute of Fundraising 2. Legacy Market

7 £400 m £300 m £200 m £100 m £0 Cancer Research RNLIRSPCA BHF National Trust Voluntary Income Legacy Income

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9 £400 m £300 m £200 m £100 m £0 Cancer Research RNLIRSPCA BHF National Trust Voluntary Income Legacy Income Church of England

10 £400 m £300 m £200 m £100 m £0 Cancer Research RNLIRSPCA BHF National Trust

11 £400 m £300 m £200 m £100 m £0 Church of England

12 £400 m £300 m £200 m £100 m £0 Cancer Research RNLIRSPCA BHF National Trust Voluntary Income Legacy Income Church of England

13 Extension of our regular giving fundamental part of giving We teach proportionate giving extension of St Paul’s teaching Generosity and Sacrifice for it is in giving, that we receive Christian Giving

14 Called to exercise Godly Stewardship “For all things come from you, and of your own we have given you.” 1Chronicles 29.14

15 A Simple Part of Good Stewardship Theological Reasons Stewardship – Will Writing

16 “Watch out! Be on your guard against all kinds of greed: a mans life does not consist in the abundance of his possessions.” Luke – 22

17 “ Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.” 2Corinthians 9.6

18 A lasting gift to God not to pay the bills The largest gift to God a gift that costs nothing Mission & Ministry

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20 St Paul’s, Tongham A legacy left enabled the parish to part-fund a full- time Children’s and Families Worker with the security of sufficient funding for several years.

21 All Saints’, Lightwater A legacy left to by parishioners Frank and Hazel was used to make a joyful sound as the newly- restored bells ring out their greetings.

22 St Luke’s, Watford In Memory of Joyce

23 What could your parish do? £ 1,000 £ 10,000 £ 50,000 £ 100,000 £ 5,000 £ 500,000 £ 250,000 £ 25,000

24 “I’m sorry love. We’re Northern and that’s all there is to it.”

25 A Simple Part of Good Stewardship Theological Reasons Practical Reasons Stewardship – Will Writing 1. Intestacy Rules

26 70% of adults in this Country do not have a Will … Data: Financial advice service unbiased.co.uk

27 A Simple Part of Good Stewardship Theological Reasons Practical Reasons Stewardship – Will Writing 2. Inheritance Tax 1. Intestacy Rules

28 2. Inheritance Tax Nil rate band £325,000 frozen until 2018/19 More estates taxable 17,000 in ,000 in More revenue raised £2.72b in £2.91b in

29 A Simple Part of Good Stewardship Theological Reasons Practical Reasons Stewardship – Will Writing 2. Inheritance Tax 1. Intestacy Rules 3. Triggers

30 People make or review their Will at different life stages

31 Legacies Financial Theological Practical Mission & Ministry

32 Coffee Break

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34 Why do people leave a legacy? Does anyone support a charity? Why do you support that charity? Has anyone included a gift in their Will? Why have you included a gift in your Will?

35 A gift to the Charities Vision

36 Recap ‘What day is it? asked Pooh ‘It’s today’ squeaked Piglet ‘Ah my favourite day’ said Pooh Financial Theological Practical Mission & Ministry

37 What your Parish can do Step 1 Make and Communicate a Legacy Policy

38 What your Parish can do Step 2 Make legacy literature available

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40 Step 3 Hold a Thanksgiving Service What your Parish can do

41 Legacy Sunday Month of Remembrance Saying Thank you

42 Review Legacies Regularly Step 4

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44 Simple Parish Steps Step 1: Make and Communicate a Legacy Policy Step 2: Make legacy literature available Step 3: Hold a Legacy Service Step 4: Review legacies regularly

45 My Final Thought By far, the largest trigger for people leaving a Gift in their Will is … when they’re asked!

46 Questions, Thoughts, Comments


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