St. Aidan's Episcopal Church
Christ's Beacon for all seeking God. 

St. Aidan's is an open and inclusive member of The Episcopal Church. We welcome all who desire a deeper relationship with our Lord and Savior Jesus Christ. We are celebrating 50 years of service to God's people in the heart of the King's Grant area of Virginia Beach on Edinburgh Drive between N. Lynnhaven and King's Grant Road.

3201 Edinburgh Dr.

Virginia Beach, VA 23452
757-340-6459

SUNDAY

8:15 a.m Holy Eucharist 

10:30 a.m. Holy Eucharist 

The Rev. Mark Wilkinson, Rector

The Rev. Dana Vanvliet-Pullin, Deacon

Click on the FaithStreet link below for secure online donations.

 

 

PLANNED GIVING COMMISSION

In March 2015, the vestry established a Planned Giving Commission. The task of the commission is to educate the congregation on how to make a planned gift to our general fund or one of our endowments. They will make several presentations to the congregation over the next few months. The commission is also investigating a legacy society. This is a very common way for organizations to acknowledge those who have made a planned gift as well as develop a pool of people who can help promote this important source of funding for a parish.


WHAT IS PLANNED GIVING?

Planned Giving encompasses a variety of ways that gifts can be made to our parish from accumulated resources. This usually involves financial or estate planning, however it is not reserved for the wealthy. Planned giving is a means by which anyone concerned with the wise use of his or her personal resources makes a considered choice about their ultimate disposition.

In general planned gifts are made through:

  • A Bequest in a Will
  • A Life Income Gift: such as a pooled income fund, a charitable gift annuity, or a charitable remainder trust.
  • Gifts of Special Assets: real estate, closely held stock, life insurance, retirement accounts.

Planned Giving establishes a way for you to provide for family members while remembering the church as well. It often enables you to provide more for your heirs and to make a larger gift than you may have thought possible. It often reduces taxes as well.

Planned gifts are either outright gifts (i.e., gifts of appreciated securities, real property, personal property, etc.) or deferred gifts (i.e., bequests, charitable gift annuities, charitable trusts).

Planned gifts can be designated for our General Fund or for one of our two endowments: The Baker Fund or the Libby Davidson Fund. Both of these endowments are governed by three trustees who must agree on requests for funds. The money is invested in the Diocesan Trust Fund and we use the same spending rule as the Diocese of Southern Virginia. Currently we expend no more than 5% of the fund in a given year. This assures that the principal stays intact.


THE BAKER FUND

The Baker Endowment was created by the vestry to set aside money to fund special or new projects to help further the mission of our parish. The Baker Fund can also be used for unusual expenses that are not part of our regular operating budget. These can include new programs or seed money to start a new ministry.

LIBBY DAVIDSON FUND

The Libby Davidson fund was established by Libby's will and is set aside to be used especially for outreach programs. Libby had a great passion for outreach in a variety of areas. This past year money from this fund has been used to help support Canterbury Club at ODU as an example. 


The members of the Planned Giving Commission are: Barry Higginbotham, Carl Master, David Bergren and the Rev. Mark Wilkinson. Both David and Carl are experienced with the various options available and will help explain the options as well as pointing you in the right direction to get started. The members of the commission are not tax advisers or attorneys so please use your own professional when it is time to set up your gift.

The Episcopal Church Foundation provides information and support for people making planned gifts. To visit the Foundation's planned giving website, click here