Legacy Giving Program
Bequests and other planned gifts to the SeniorServ endowment fund are so important to the future of SeniorServ that we have established a recognition program, “The Legacy Society”.
What is an Endowment Fund?
An endowment fund is a permanent fund established by SeniorServ where families can make a gift to it, knowing that their gift will be held in perpetuity. Only a portion of the annual earnings from the fund will be used to carry on SeniorServ programs and facilities.
It is the permanency of this fund that makes it so valuable. Only through a growing endowment will SeniorServ friends know that SeniorServ programs will be assured for generations to come.
The Legacy Society is designed to recognize and continue to honor those who have made provisions for a future gift through a bequest, life insurance, annuity, or trust agreement or an outright gift to the endowment fund.
We have the great pleasure of inviting our many friends and supporters to become members of the Legacy Society. Many have made provisions for a future gift for the SeniorServ Endowment Fund and are therefore eligible for membership.
There are no dues or other obligations, each member of the Legacy Society will be invited as our guest to an annual recognition event to allow us an opportunity to thank those for their future gift. Legacy Society Member’s will be listed in our Annual Report.
If you have already arranged for a future gift, we would like to know about it. If not, we invite you to consider a bequest or other future gift provision.
There are ways you can help others today without ever jeopardizing your personal financial security. One easy way is by making a bequest in your will that specifies a dollar amount or a percentage of your estate to benefit SeniorServ. Leave your legacy by making a gift in your will to friends, family and charitable organizations. A bequest is one of the simplest ways to remember those you care about most. To learn more about Bequests click here
CHARITABLE GIFT ANNUITY
The Charitable Gift Annuity from SeniorServ is a way for you to receive a guaranteed income for life, an immediate tax deduction, and leave an everlasting philanthropic legacy to the SeniorServ while you are at it. To learn more about Gift Annuities click here
Many people today use life insurance as a way to make significant gifts to their favorite charitable organizations. We often find that these gifts can be very significant, low cost and also receive very favorable tax treatment. Ownership of existing or new policies on your life can be transferred to SeniorServ with Community SeniorServ receiving the death benefits. Certain income tax deductions are allowed. Percentage designations or contingency designations are also common. To learn more about giving through Life Insurance click here
RETAINED LIFE ESTATE
One of your valued possessions, your home, can become a valued gift to us even while you are still living in it, and even if you want your spouse or other survivor to live there for life. This arrangement is called a retained life estate. To learn more about Retained Life Estate gifts click here
Retirement assets may be expensive for heirs to inherit. Naming SeniorServ as the beneficiary or percentage beneficiary of your retirement fund may provide a significant tax savings to your estate. To learn more about giving with Retirement Assets click here
CHARITABLE REMAINDER TRUSTS
In the right circumstances, this plan can increase your income, reduce your taxes, unlock appreciated investments, rid you of investment worries and ultimately provide very important support. When you create a charitable remainder trust, you irrevocably transfer money, securities or other assets to a trust that will then pay you an income for life or for a period of years. If you wish, the trust also can pay an income to another beneficiary of your choice. At the death of the surviving beneficiary, the remaining principal in the trust goes to SeniorServ. To learn more about Charitable Remainder Trusts click here
CHARITABLE LEAD TRUSTS
If your goal is to provide an inheritance for your children or grandchildren, but you would also like to make a significant charitable gift through your estate, find out how a charitable lead trust can help you satisfy both objectives. It's a charitable lead trust that can provide a significant charitable gift through your estate and provide an inheritance to your children or grandchildren To learn more about Charitable Lead Trusts click here
For More Information Contact:
Phil Beukema, VP Development & Communications
Did you know?
Community SeniorServ is the 21st largest non-profit in Orange County based on survey conducted by the Orange County Business Journal.