Testament
Austin Presbyterian Theological Seminary
F
2011 Issue Number 1
The Sampson-Vinson Heritage Society Newsletter
For donors like Eleanor and Howard Bond of Georgetown, Texas, Charitable Gift Annuities (CGA) are a win–win: they provide income now through quarterly interest payments and will support causes dear to their hearts after they die. Through CGAs, the Bonds have been investing in the future of the Presbyterian Church for the past eight years. It all began when Eleanor and Howard discovered that
Toward ensuring the future of the church
their church, First Presbyterian of Georgetown, was about to refinance its mortgage. “They were going to renew it at an amount of interest that looked pretty high to me,” says Howard. “We had some extra money, so we talked to the church and said we would loan it at a better rate.” After that loan was paid off some five years later, Howard wondered if the Presbyterian Church would like to borrow some more. That’s when their pastor, Rev. Mike Roberts (DMin’96), told them about charitable gift annuities administered through the Texas Presbyterian Foundation that benefit Presbyterian churches and institutions in the state. “We contacted them,” says Howard, “and we’ve been doing business with them ever since.” In fact, the Bonds have established a CGA in each of the Continued on page three The Bonds are shown here in the workroom Howard designed for Eleanor’s rug-braiding hobby.
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Austin Presbyterian Theological Seminary