Planned Giving
At Ascension, we are blessed with a community rooted in love - a love that grows and is shared through worship and ministry. We are blessed to be stewards of a legacy of love that we inherited from generations before us, and we have an opportunity to continue that legacy for generations to come. With our talents and our treasures given in a thoughtful way, we can ensure that love endures.
As stewards of God’s bounty, we are caretakers for a brief time. What we do with our gifts of time, energy and resources defines the character of our life and the depth of our spiritual understanding. Legacy giving is one way in which each of us can preserve that legacy.
“Freely Give, Freely Receive”
There are several ways that your generosity can create a legacy for your church and preserve a legacy for your family. With thoughtful planning, you can identify what is best for you.
You have good options for making a lasting impact, each of which offers certain tax advantages. (Some restrictions may apply, so check with your financial or tax advisor.)
1. Make a simple contribution via cash, check, or money order.
2. Donate appreciated stocks, real estate, securities, or other items of value.
3. Designate Ascension Memorial Church as a recipient of a portion of your IRA or 401(k).
4. Include a bequest to Ascension in your will, ensuring that love continues to grow here for years to come.
5. If you’re 70½ or older, make an IRA Qualified Charitable Distribution (QCD), donating directly to Ascension tax-free from your IRA (up to $105,000 in tax year 2024).
6. If you’ve established a Donor Advised Fund (DAF), put your already-donated funds to work by recommending a grant to Ascension Memorial Church.
To start a conversation or to learn more about legacy giving, contact us at amcipswich@verizon.net. Ascension Memorial Church retains a local, seasoned, expert estate planner to help parishioners understand their options as well as the opportunities available for legacy giving at Ascension. Before making any decisions, we also recommend that you consult with your financial advisor, accountant and/or attorney.