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Giving to St. Paul's Church

Why Your Support of St. Paul’s Church is Important

Every year St. Paul’s Church must raise virtually every dollar we spend, because, unlike many churches, we do not have a sizable endowment — a kind of "rainy-day" reserve fund built up over time — to draw on for support of our programs and ministries.

Instead, the generous gifts of our members and friends and monies raised via our various parish events, help us to live up to our call to serve Nantucket Island and the world. These gifts are critically important to us.

 

To make a gift to the Church or to get more information about gifting, please contact either the Church Office or our

 

Ways to give to St. Paul’s Church:

Annual Giving 
Memorial Gifts and Tributes
A Planned Gift

 

Annual Giving

Our budget, our operation, and our mission depend on predictable support from our parishioners and friends. At the end of every summer we hold our annual Every Member Canvass (EMC) drive, in which we ask for pledges or gifts to support the church and its work for the coming year. The results of this campaign allow us to forecast our income for the coming year and adjust our plans and programs accordingly. Please consider supporting our yearly EMC campaign. By making an annual pledge or gift, you are helping St. Paul's Church to answer God's call to the ministries that educate us, spiritually prepare us, and improve our local and global community

Please contact the Church Office if you would like more information or are interested in making a pledge or gift to St. Paul's Church.

 

Memorial Gifts & Tributes

Many of our members and friends request that their family members and other loved ones make a memorial contribution in their name to St. Paul’s Church, in lieu of funeral flowers or other tributes.

If you decide to make a memorial gift to St. Paul's Church, we will send a letter to a designated family member of the deceased, informing him or her of your thoughtful contribution.
Looking for the perfect gift? Make a donation to St. Paul’s Church as a tribute in celebration of a wedding, engagement, baptism, birthday, or in honor of a Very Important Person in your life. Tell us who is being honored and the occasion, and we'll send the card!

Contact the Church Office to make arrangements for a memorial contribution or a tribute.

 

Planned Giving

Throughout the years, many of those who care deeply about St. Paul’s Church have expressed their love of this great church and their gratitude to God by including St. Paul’s Church in their long-term financial planning. We hope you will recognize the importance of providing future support for the ministries and programs of St. Paul’s Church.

There are many ways to include St. Paul’s Church in your financial plans, among them are Bequests, Charitable Gift Annuities, and Gifts of Life Insurance. It is important to talk with your family and a financial adviser or an estate attorney before making a decision about including a gift to St. Paul’s Church in your will or financial plans.

All gifts to St. Paul’s Church are appreciated. Unrestricted bequests, however, provide the Church with the flexibility to meet whatever needs are most urgent at the time of the gift. Again, the Church Office can help facilitate this process. 

 

Caroline French Society

The Caroline French Society was formed in 2006, as a way to recognize our members and friends who have included St. Paul’s Church in their estate plans. It was created to commemorate Caroline L. W. French of Boston. Miss French was one of those lured to Nantucket, in the 1880s and 1890s, to spend the season “where summer is five Septembers long!” Her island philanthropies were many, and she recognized that the tired, small, wooden church on Fair Street would not be adequate to serve the community as it moved into the 20th century. A life-long Episcopalian, she approached the vestry of St. Paul’s Church and offered to build a new, more substantial church to be a memorial to her father, Jonathan French, “an old-time merchant of Boston.” Her remarkable gift to St. Paul’s Church is the special building in which we worship today!

 

Bequests

If you would like to include a bequest to St. Paul’s Church in your will or testamentary trust, you have two options:
1. Making a gift of a specific amount of money.
2. Designating a percentage of the residuary of your estate, after your family and other loved ones have been provided for.

To bequeath a specific sum, your will might include language such as:
"I give and bequeath to the Rector, Church Wardens, and Vestry of St. Paul’s Church in Nantucket the sum of $_______."

If you decide to make a gift of a portion or percentage of your estate, your will might include wording such as:
"I give, devise, and bequeath to the Rector, Church Wardens, and Vestry of St. Paul’s Church in Nantucket ___% of the rest, residue, and remainder of my estate."

Although most gifts are in the form of cash or marketable securities, bequests of tangible assets such as residential real estate are also welcome, subject to the gift acceptance policies of St. Paul’s Church.

 

Charitable Gift Annuities

Through the Episcopal Church Foundation, an independent lay organization founded in 1949 to offer programs for the clergy and laity of the Episcopal Church, St. Paul’s Church now offers a charitable gift annuity program for annuitants age 65 or older.
A charitable gift annuity is both a charitable gift, with certain tax benefits, and an annuity, which provides annual income. It is a wonderful way to make a gift to St. Paul’s Church and to provide income for yourself or for someone you love.

An initial contribution of at least $10,000 is required to open an account; subsequent gifts to benefit the same annuitant may be made in increments of $5,000.

At the time the contract is signed, the annuity amount is fixed and will not change, regardless of the conditions of financial markets.

Annuities may be written on the lives of one or two annuitants and payment may be deferred or begin within the year of purchase.

 

Gifts of Life Insurance

There are several ways to benefit St. Paul’s Church through gifts of life insurance. They include:
1. Naming St. Paul’s Church as the beneficiary, in whole or in part, of an existing policy, or naming the church as a contingent beneficiary.
2. Cashing in a policy that is no longer needed and donating all or part of the cash value to St. Paul’s Church.

If you are interested in becoming a member of the Caroline French Society, please contact the Church Office.