Make a Legacy Gift

There are many ways to leave a legacy gift, most of which have the added benefit of providing you tax benefits. If you have arranged for a legacy gift but have not notified us of your plans, we would greatly appreciate your letting us know. Please complete this form with your plans and send it to us.

Additionally, if you wish to make provisions to contribute specifically for endowment in a will, trust or other giving vehicle, the specific tax ID for St. James’s Endowment Fund, Inc. is:  83-2821776.

You may endow your pledge by designating your legacy gift to the Pledge Endowment Fund within the St. James’s Endowment Fund. Ideally, the amount you leave would generate a return that would equal your current annual pledge. In doing so, you create a perpetual yearly contribution to annual giving. Let’s say your current pledge is $2,500. At the required “spending rate” of 4.5% in the Pledge Endowment Fund, an endowed gift of just over $55,000 would generate a $2,500 annual gift in perpetuity (subject to investment performance).

You can name St. James’s in your will and designate a fixed dollar amount, a particular asset, or a percentage of your estate.

You can designate St. James’s as a beneficiary on one or more of your retirement accounts, or other similar accounts.

If you have a living trust, you can leave a pre-set amount or a percentage of it to the church.

You can designate St. James’s as the beneficiary of a paid-up life Insurance policy.

You may specify that any money in a donor-advised fund not distributed during your lifetime be given to the St. James’s Endowment Fund at the time of your death.

You can make a gift to benefit St. James’s during your lifetime that will pay you an income for life—often a fixed sum that is guaranteed. This arrangement entitles you to various immediate tax benefits. Upon your death, the remaining principal will be distributed to the Endowment Fund. Life income options include Charitable Gift Annuities and Charitable Remainder Trusts.