Support Our Mission

Ways To Give

Outright Gifts

An outright gift in the form of cash or securities can be made for any purpose. You may designate a gift in support of current needs, through annual giving, or in support one of the endowments.

Gifts of Securities or Stock Securities

Gifts of appreciated stocks or bonds are ideal if you wish reduce or eliminate capital gains tax. If the securities that you wish to give to Loomis Communities have decreased in value below their original cost, it may be better to sell the security and give the proceeds as your gift.

Gifts directly from your IRA

The Charitable Rollover offers a golden opportunity to make tax-free gifts from your IRA or Roth IRA to the Loomis Community of your choice. Donor must be 70 ½ years of age or older on the date of the gift. Rollover gifts count toward mandatory withdrawal. Transfer of this outright gift must go directly from the IRA to Loomis Communities. Maximum gift per taxpayer in any one year is $100,000.Gifts may not be directed to donor-advised funds or support organizations, and may not be used to establish life income gifts. This opportunity is available through December 31, 2011. The IRS excludes the amount of your gift from your gross income for federal tax purposes. Therefore, no charitable deduction is necessary. Please contact your advisor or retirement plan administrator to initiate the transfer.

Bequests

Naming the Loomis Communities as a beneficiary in your will is probably the simplest and easiest way to provide a lasting gift. Bequests can be made in a specific gift amount or as a percentage of an estate. In addition, you may indicate the way you wish your bequest to be used. Here is sample language: “I give ($__dollars or % of the residue of my estate) to the Board of Directors of Loomis Communities, a charitable corporation for the benefit of the Board Designated Endowment (or insert designation.”)

Charitable Gift Annuities

A charitable gift annuity provides income for life when you transfer cash or securities and, in return, receive fixed payments and a charitable tax deduction for your gift. Charitable gift annuities of $10,000 or greater can created to benefit the community or purpose you prefer. Current annuity rates based on age are recommended by the Council on Gift Annuities are subject to change without notice. Here is a sample of single life annuity rates: 70-5.8%, 75-6.4% 80-7.2%, 85-8.1%, 90+ 9.5%. These rates are effective April 30, 2011. For charitable deduction and payout information or for annuity rates for other ages or for two lives sample of benefits can be prepared for you.

Put Your Loomis Communities Entrance Fee Refund to Work!

A charitable gift annuity created from a portion of your Loomis Communities entrance fee refund will give you income for life utilizing an asset that would not otherwise be accessible for your use. In addition, you will receive an immediate tax deduction and the great feeling that you will be supporting Loomis Communities today and in the future.