Giving is one of life's great satisfactions, especially when you know that your gifts will improve the lives of others.
Planned giving is an important way to be stewards of our great liberal religious heritage. It is the act of planting the trees to provide shade for future generations. As with our other contributions, there are various ways in which one can give:
Gifts made during your lifetime;
Bequests included in your will;
Annuities that provide you lifetime income;
Designating UUFC as a beneficiary of an insurance policy or retirement account.
Your gifts may be made in remembrance of loved ones, or to honor a special occasion or special person.
Most gifts UUFC receives are made without restrictions as to how they will be spent.
Such gifts can be made in the following form: “I give to the Unitarian Universalist Fellowship of Clemson the sum of $_________.”
You can also name the Unitarian Universalist Fellowship of Clemson as a beneficiary of an insurance policy, retirement account, or surviving owner of a certificate of deposit or other bank account.
Unrestricted gifts are preferred, and allow UUFC to apply the donation where the support is most needed. However, gifts for special purpose are also welcomed.
What is planned giving?
Planned giving is a thoughtful way of making a charitable donation that helps the church and also helps the donor. It usually is done with long-term benefits in mind.
Why should I make a gift to UUFC?
People have different reasons for making gifts – to honor a loved one, to express appreciation, or to enable new opportunities. People who make gifts to UUFC appreciate what this community has meant to them, and want to see our liberal religion endure and thrive.
How can I be sure that my gift will be wisely used?
In most cases, donors have worked hard for what they have and want to leave a legacy. They give willingly, but want to know that their gifts will have a lasting impact. Our Board takes such gifts very seriously for the long-term good of UUFC, and understands that by using these gifts wisely for long-term purposes, we encourage generosity and promote a culture of giving that will sustain us for the future.
Will my gifts be publicly recognized?
Public recognition is currently given for donors who have died and left a bequest to the UUFC. However, we are happy to reflect the donor’s wish for either recognition or anonymity.
What are my options for giving?
There are many ways to make planned gifts, ranging from simply writing a check to setting up a special trust. The best choice depends on your goals. You may wish to consult with your legal and financial advisers on the tax consequences of various forms of giving, such as transferring appreciated property or naming UUFC as the beneficiary of a retirement account or insurance policy.
Is planned giving only for wealthy people with complex estates?
No. Small gifts are as welcome as large ones. We have received very generous gifts from people of modest means. All gifts are a statement of belief in our principles, and are helpful, appreciated and respected.
Do I need an estate planning attorney?
For significant giving, you certainly need an estate plan. An estate plan can be a will or a trust, simple or complex. It ensures that your assets will benefit those you care about most. Because there can be serious financial consequences, and because we cannot provide legal advice, we strongly recommend that you consult a responsible professional.
Can I donate real estate or other property?
Yes. However, for gifts or bequests other than cash or publicly traded securities, your proposed gift needs to be approved by the Board. UUFC reserves the right to decline donations that it judges to be unsuitable.
Can I specify how my gift gets used?
Yes, but ... UUFC welcomes gifts earmarked for special purposes, if that purpose is aligned with the general purposes of the church. Such gifts are said to be restricted. Since unrestricted gifts provide us with greater flexibility, they are preferred. But we will gratefully accept restricted gifts that support our mission.
Do gifts and bequests offset the need for pledging?
No. In general, annual operating expenses are expected to be paid for through pledge fulfillment and other annual income, such as the proceeds from fundraisers. They are the foundation for keeping the doors open day in and out, year-long.
How can I get more information?