Purpose
The St. Benedict Cathedral Legacy Society was established to encourage planned gifts to St. Benedict Cathedral Parish and to recognize and thank those who have remembered the parish in their will or through another planned gift.
How can I become a member of the St. Benedict Cathedral Legacy Society?
The St. Benedict Cathedral Legacy Society is open to anyone who provides for the future of St. Benedict Cathedral through a planned gift or a current gift to a new or existing endowment. An endowment is money or other donated gifts which are invested to produce perpetual income for a particular purpose.
Simply notify the parish of any provisions that have been made naming St. Benedict Cathedral as a beneficiary of a current or planned gift.
Considering a Legacy Gift?
Creating a legacy gift can be a simple process and ensures that your gift will forever benefit the Church, school, or ministries that are important to you. It can also be a way to memorialize or honor a loved one in perpetuity.
Examples of Legacy Society Gifts
- Naming the parish in my will
- Naming the parish as beneficiary of an insurance policy
- Naming the parish in a trust
- Naming the parish as beneficiary of a retirement plan
- Establishing a charitable gift annuity
- Establishing an endowment ($5,000 minimum)
- Contributing to an already existing endowment ($1,000 minimum)
Things to Consider when Making a Legacy Gift
- How do I want to be remembered?
- Do I want to make a gift during my lifetime or at death?
- Is there a specific area at St. Benedict Cathedral Parish that I wish to make a legacy gift?
- What do I wish to accomplish and how can I make a difference at the parish?