Sally's grandmother established a trust fund to be distributed to her grandchildren when the youngest living heir reached the age of 21. Her grandmother ensured that her resources would be available to adult family members, so when Sally's niece turned 21, Sally then received her share of the trust. Sally and her husband Ted began to explore creative ways to manage and maximize this new resource. They wanted to increase their income, but also wanted to support one of their favorite ministries. They felt the Preachers' Aid Society of New England does the most good of any organization they were familiar with in New England.
Naming the Preachers' Aid Society as beneficiary, Sally and Ted chose the creative giving vehicle of a charitable gift annuity. By entering a gift annuity contract, they receive quarterly payments for the rest of their lives. As adult recipients of her grandmother's generosity and creative financial planning, Sally and Ted improved their own personal finances and completed a philanthropic gift benefiting a ministry they are delighted to support. Sally and Ted have continued her grandmother's legacy of creative stewardship!