By Rev. Richard Evans
I want to introduce you to some friends of mine. Richard and Edythe Shaffer, members of the First UMC in Homosassa, Florida, have provided for their church in their will. Then about ten years ago, they each set up separate Charitable Gift Annuities, through the Florida United Methodist Foundation, which has been providing lifetime income to them and ulti- mately will provide a gift to their church Endowment Fund.
"We did this for several reasons," Richard said. "First, we wanted to give as much as we could to the Lord, and secondly, we wanted our money to work hard for us as well. Through our Charitable Gift Annuities, we have been able to accomplish both goals."
During their lifetimes, the Shaffers each will continue to receive regular income pay- ments from their respective annuities, in addition to the income tax deduction they received when the annuities were established. At the same time, they receive the satisfaction of know- ing their annuities also are gifts that will continue to give to the church beyond their lifetimes.
"As a member of the church Endowment Committee, I have seen what good things can happen when you remember the church in your will or through other types of planned gifts," Edythe said. "Giving to the church endowment allows us to give in perpetuity. So we are pleased that, through our Charitable Gift Annuities, we can provide for the church above and beyond our will."
The Shaffers funded their annuities with retirement benefits from former employers, Bell South and Eastern Airlines. For many years they enjoyed an active lifestyle since first re- tiring to Homosassa FL. Their lives were filled with church activities and with a little time for golf. Then several years ago, they moved to a retirement center where they are able to re- ceive some special care when their health declines.
You, too, may be able to increase your retirement income and help your church at the same time by creating a Charitable Gift Annuity or some other form of planned giving. Call the church office for more information or contact Gary Melville, Director of Planned Giving for the United Methodist Foundation of New England (800-595-4347x103 or firstname.lastname@example.org). And, have you remembered First UMC Gilford in your will?
By Rev. Richard Evans