Premium investment
STAFF
Eight financial development staff and consultants of the Anglican Church of
Canada have donated a gift of life insurance to be administered by the Anglican
Foundation on behalf of General Synod, the church’s governing body, for
future congregational and financial development initiatives.
The donors have committed a total of $5,000 a year for five years for the Letting
Down the Nets Trust that is expected to produce $250,000.
Consultant David Rushton, assisted by Eduard Fidler, a financial planner, arranged
the gift and invited two Anglicans – a male layperson and a female priest
in western Canada – to serve as the insured participants. Upon the death
of the second insured person, the Anglican Foundation will receive at least 10
times the premiums paid, while the donors receive a donation receipt for each
premium share paid, said Peter Blachford, General Synod’s director of financial
management and development.
The donors include Mr. Blachford, Canon Geoff Jackson, senior development officer;
Jim Cullen, acting comptroller; Archdeacon John Robertson, national gift planning
consultant; and General Synod consultants Mr. Rushton, Kevin Smith, Rob Waller
and Mr. Fidler.
|