A: No, our experience over sixty years has shown that gift planning (and having a gift planning program in place) do not diminish or negatively impact a ministry’s other sources of funding, including gifts made to congregations through the offering plate or donations made during capital campaigns.
This is for many reasons. But mainly, it’s because gift plans are usually “funded” by a donor’s non-cash assets. Things like their retirement accounts, life insurance policies and personal property. The vast majority of most donors’ wealth is within these types of assets.
Weekly giving, on the other hand, is typically based on a donor’s current cash-on-hand or income. Likewise, donations to capital campaigns typically come from savings or liquid assets.
So, asking donors to create a gift plan asks them to look at the blessings that may not be available to them to donate during their time on this Earth, but often are available once they’re called home to Heaven. Creating gifts from those assets don’t impact their “cash” assets and don’t diminish their generosity in sharing them with your ministry.
In fact, research shows that regular donors are more likely to create gift plans, and vice versa, those who are inspired to create gift plans for your ministry are often inspired to give more via the offering plate.