Planned giving services from PhilanthroCorp offer a unique outsourcing solution for Para church ministries, mission agencies, and local churches.
According to Boston College, we are in the midst of the largest intergenerational transfer of wealth in history. It is estimated that more than $41 trillion will transfer from generation to generation over the next few decades.
For most Americans, the majority of their wealth, whether modest or large, consists of assets, not cash. The typical American has 91% of their net worth in assets versus 9% in cash. These assets include home, IRA, life insurance, etc. and, therefore, are not liquid and not available for gifts. Yet, most conversation about stewardship and giving is focused on cash – that is the 9%.
It is estimated that more than 70% of Americans do not have a current will. For the committed donor, giving via their will or trust is a natural continuation of their lifetime pattern of giving...they just need help.
PhilanthroCorp Planned Giving Service Levels
Planned giving then is a systematic process of educating and encouraging donors to steward the resources in their estate plan in a similar way to how they have given cash during their lifetime.
Studies demonstrate that a mature planned giving office averages costs per dollar created of 8¢ - 10¢. The PhilanthroCorp actual experience over the past ten years is less than 2.4 cents cost per dollar created.
Our proven strategy, marketing and donor service systems result in more than $40 current value of future gift per dollar of planned giving expense. In summary, PhilanthroCorp offers a turn-key system from strategy and marketing to completed gifts. Let us custom design a planned giving program for your ministry today!