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, whereby the principal of the gift is invested to produce income each year to strengthen Loomis Communities ability to provide outstanding service and care.

Gifts of Securities or Stock 

Securities gifts of appreciated stocks or bonds are ideal if you wish to support the mission of The Loomis Communities and 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.

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, recieve 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: 65-5.3%, 70-5.7%, 75-6.3% 80-7.1%, 85-8.1%, 90+ 9.5%.  These rates are effective August 1, 2009. For charitable deduction and payout information or for annuity rates for other ages or for two lives, please contact Carol Constant and a 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. 

Charitable Trusts

There are several options available for those interested in establishing charitable trusts. Some trusts are set up so that you may receive a fixed or variable income, and the principal eventually goes to a charitable organization such as The Loomis Communities. Some trusts involve a charitable organization receiving payments based on how the funds in the trust are invested. Information about charitable trusts and whether they are a good idea for you to consider in your estate planning should be discussed with your attorney or financial advisor.

For more information…..

If you have questions about any aspect of The Loomis Communities Development Program or the various types of gifts that can support the mission, please contact Carol Constant, Director of Development 413-552-1505 x184, cconstant@loomiscommunities.org.