Planned Giving Should No Longer Be Just a Consideration
January 30, 2020 |Joseph Padilla
In my last blog series, I discussed why planned giving is essential to ministries—today and in the future.
This fact is becoming increasingly apparent as we learn more about donors’ giving tendencies. Studies have found that major gifts are outpacing smaller donations across the board. So, now more than ever, it’s essential for your church or ministry to have an established planned giving program so you can accept these larger gifts.
We are in historic times with the largest wealth transfer of $68 trillion coming from the baby boomers, and it’s predicted to continue until 2052! In many cases, wealth transfers don’t happen in all cash. Most donors can give their largest gifts through planned giving tools—so if your ministry isn’t equipped to handle such gifts, you’re missing out.
By simply having a planned giving provider like Orchard Alliance, you can convert your loyal small-gift donors into major donors in the future. When multiple giving options are available that provide significant tax advantages, they can allow your supporters to give more than they ever thought possible. It’s a win-win for everyone.
While there are many benefits to a planned gift, sometimes all the options can seem overwhelming to the average donor. That’s why it’s so important to partner with a provider that can help walk your supporter through the process. With Orchard Alliance, professional gift and estate design consultants get to know your donors’ charitable goals and match them with the right tool for them—one that benefits them and the ministries they care about. With proper planning, churches and ministries like yours can secure future funding and, in many cases, increase current gifts as well.
For planned giving to be successful, it comes down to education and promotion. Your donors must know and understand what’s available to them, and you have to remind them that these services are available. This can be intimidating to a lot of ministries, especially those that don’t have planned giving experts on staff. That is where Orchard Alliance comes in. Our team has the credentials and expertise to work with your donors from start to finish. And, we provide all the tools and resources you need to make your planned giving program a success.
Orchard Alliance has been serving ministries like yours for more than 60 years. We understand the challenges you face, especially when it comes to maintaining sustainable financial support. Let us help you unleash the power of planned giving and deliver the benefits to you and your donors. The historic transfer of wealth is upon us, so why not harness it with the right tools and resources to impact God’s Kingdom?