Creating a Lasting Legacy

Planned giving, also referred to as “legacy” giving, enables individuals to make larger gifts to St. James than they could make from ordinary income.

A planned gift is a major gift made during a lifetime or at death as part of a donor’s overall financial or estate planning. Planned gifts include donations made through a will, gifts of equity from an IRA, life insurance, and/or gift trusts. By contrast, pledged gifts are made from a donor’s discretionary income. Pledges are included in the annual operational budget, but they are not assured.

Whether donors provide cash, appreciated securities, stock, life insurance, a retirement plan, or some other valuable asset, the benefits of funding generated through a planned gift can make this type of charitable giving very attractive to both, the donor and St. James.

For more information, on setting up your planned gift to St. James, please contact our Financial Advisors:

Robert Williams, Registered Representative
Cetera Advisor Networks LLC, member FINRA/SIPC
413 Northshore Drive
Knoxville, TN 37919
(865) 558-1779
Katharine Pearson Criss, Philanthropic Advisor
Cetera Advisor Networks LLC, member FINRA/SIPC
413 Northshore Drive
Knoxville, TN 37919
(865) 748-8371

For information on the benefits of gifting to St. James, here are IRS resources that provide taxpayer relief information:

https://www.irs.gov/newsroom/taxpayers-who-donate-to-charity-should-check-out-these-resources