How You Can Help:
Make a contribution of cash to support the Foundation’s general endowment. You can also make a donation to support one of the Council on Aging’s programs, such as home-delivered meals (Meals on Wheels), lunch sites, home safety services or case management.
Contribute shares of stock, bonds or mutual funds that have gained value. You’ll save money on capital gains taxes, and receive a charitable deduction for the current value of the shares. (In order to receive your maximum tax deduction, you must transfer the stock/mutual fund shares directly to the Foundation. Selling the shares and donating the proceeds will not eliminate capital gains tax. For more information, please contact the Foundation office).
· Ask for gifts to the Foundation as a memorial in lieu of flowers, or in celebration of special birthdays, anniversaries or retirements.
· Consider making a contribution to the Foundation in honor of a special relative for Mothers Day, Fathers Day or Grandparents Day. This is a unique and thoughtful way to recognize a loved one’s importance in your life. Anyone honored by a tribute gift will receive a lovely commemorative card.
As you prepare your legacy for your family and your community, please consider including the Foundation as part of your plans. There are many options for making planned and deferred gifts. Some gifts will provide tax savings for your estate. Other gifts can provide you with current income at rates of return that are competitive with other investment options. For more information about planned gifts, or for a consultation on which gifts may be beneficial to you and your family, please contact your attorney, financial advisor, or the Foundation office.
We
are pleased to recognize the generous donors who have remembered the Council
on Aging Foundation in their estate plans.
If you have made a gift to the Foundation in your will or trust and
would like to be recognized for your contribution, please contact the
Foundation office so that we can include you in our Legacy Society.
Your thoughtfulness will make a difference in the lives of older
adults, now and in the future.
Options for Planned Gifts:
·
Designate the Foundation as a beneficiary in your will.
Even if you have already prepared your will, you can easily do this through
adding a codicil to specify a gift. The
following is sample language that you can use to make a gift to the Foundation
through your will. Please note
that the language is for example only. Contact
your attorney for further assistance.
“I
give, devise and bequeath to the Lake County Council on Aging Foundation of
Mentor, Ohio, the sum of $_______ (or, ___ percent of the residue of my
estate).”
·
Use a life insurance policy to make a gift.
If you have a paid-up life insurance policy that you no longer need,
consider donating the policy to the Foundation.
Or, name the Foundation as a beneficiary of a policy.
·
Make the Foundation a beneficiary of a retirement plan or IRA.
This can offer significant tax savings for your heirs.
· Consider current income. There are a number of gift options that can provide you with a current income stream, while ultimately benefiting the Council on Aging Foundation. Options include:
·
Charitable gift annuities
·
Charitable remainder trusts
· Donated Your Car: If you have a car, boat, RV, or other vehicle that you no longer want or need, you can donate it to the Council on Aging Foundation, receive a tax-deduction for the sale price of the vehicle, and make a hassle-free contribution to help seniors in our community! The vehicle does not need to run. You must have clear title on the vehicle to donate it.
The Council on Aging Foundation works with Donation Line LLC to process
vehicle donations. They will arrange to pick up your vehicle at no cost.
To donate, go to www.donationline.com,
or call 1-877-CARS-4-US (1-877-227-7487) toll free to make arrangements.
Please use Extension Code 2135 to ensure that the Council on Aging Foundation
will receive the proceeds from your gift.
For
more information about making a contribution, please contact Melanie Majikas,
Director of Development, at 440-205-8111.
Other Links to Related Foundation Information Below
Printable Foundation Brochure PDF
Council on Aging Foundation Board of Trustees
2007 Council on Aging Foundation Annual Report
Events & Happenings
Council
on Aging Foundation
Have the services of the Council on Aging made a difference in your life, or in the life of a loved one? Are you a volunteer who has felt rewarded by your work with the Council on Aging? Making a gift to the Council on Aging Foundation is a great way of recognizing the Council’s value in your life.
It’s more critical than ever that the Council on Aging is able to help older adults in Lake County. In the next 15 years, it’s estimated that the county’s population of people over age 60 will increase by more than 50%. At the same time, traditional sources of funding, such as federal and state funds, are decreasing dramatically.
The Council on Aging Foundation exists to ensure services for older adults now and in the future, regardless of changes in traditional funding sources. Your support will help older adults continue to lead independent lives in their own homes for as long as possible. All contributions are truly an investment in the next generation of senior citizens.
There are many ways to contribute to the Foundation that may fit your interests and lifestyle. For more information, please contact Melanie Majikas, Director of Development, at 440-205-8111.
Helping older adults, now and in the future
July 24 at Little
Mountain Country Club!