Giving Changes the Course of History
Legacy Giving History
Evergreen’s history of legacy giving began in 1982 with its first bequest received. In 1988 Evergreen’s first significant bequest came from founder Howard Rowland. Rowland’s dream for Evergreen was secured through the Howard Rowland Trust whose annual earnings continue to help offset Evergreen’s benevolent need each year.
By the year 2000, Evergreen realized from 59 estate donors bequests totaling $2,412,000. Fifteen years later an additional 52 bequests generated $5,312,685, thus bringing a total of $7,724,685 from 111 estates.
Since its beginning, Evergreen has reaped many benefits through the Rowlands’ legacy of faith. It has inspired Evergreen to change, improve and grow. Likewise, the Evergreen Foundation has reaped the benefits of the Rowlands’ legacy of generosity. It has inspired many to help change the course of Evergreen history.
Legacy Giving Planned Today for Tomorrow
Legacy giving impacts lives legacy donors may never know. As with all kinds of giving, legacy giving comes in many different ways. Yet all giving is alike: it makes a difference, and it comes from the heart!
Requests for information about making a gift to the Evergreen Foundation through your estate may be directed to the Vice President of Foundation Advancement at 920-237-2120. Please consult your legal or financial planner for information specific to your estate.
Leave a Legacy Guild
The Leave a Legacy Guild is comprised of both planned giving and bequest donors. Planned giving donors have informed us that Evergreen is a beneficiary in their estates; bequest donors’ estate gifts have been received by Evergreen.
Legacy planned giving continues to see its upward spiral. Between 2000 and 2015, the Leave a Legacy Guild welcomed 43 new members. Periodically we are given notice of receiving unexpected estate gifts. While we are gratefully surprised, our growing the Leave a Legacy Guild membership has many purposes. Knowing of our planned giving members’ plans enables us to express our loving gratitude during their lifetimes. It also enables us to share with the entire Evergreen community our heartfelt appreciation for their generous and loving foresight.
Leave a Legacy Guild Benefits
You are invited to gift the Evergreen Foundation through your will or other estate plan and become a Leave a Legacy Guild member. You will help keep the Evergreen dream alive through your compassion and dedication to the work we do. In addition to remembering your heirs, you can choose from many different estate tools to remember Evergreen while possibly reaping tax advantages.
- You can name your estate plan as unrestricted to be used for most needed projects or restricted for specific purposes.
o Unrestricted funds are used for purposes as determined by the Foundation Board of Directors;
o Restricted funds can be identified for your special interest; for the endowment fund whose interest may be used annually; or for the benevolent fund used for residents who outlive their financial resources.
- You will be gratefully appreciated for having named Evergreen as a beneficiary in your estate plan.
o You will be invited to an annual reception with members of the Foundation, Evergreen and Village Boards of Directors;
o Unless you choose to remain anonymous, you will be recognized on the Founders Grove Recognition Wall and in the annual Foundation spring issue of Green Leaves.
- You will experience the satisfaction of planning to impact the lives of Evergreen residents for generations to come.
- You will help continue the Rowlands’ legacy of generosity by inspiring others to follow your example.
Giving Honors Your Passions and Helps Others
GIVING to the passions that inspire you provides you with the satisfaction of knowing you have helped others in ways that are precious to you. GIVING to the Evergreen Foundation impacts Everyday Life. At Evergreen!
GIVING also offers you the benefits of belonging to our Family of Friends and blesses you with the joy of giving.
- You can designate the purpose of your gift to any of the following:
• The benevolent fund for residents who have outlived their financial resources;
• The endowment fund whose interest may be used annually;
• The unrestricted fund whose use is determined by the Foundation Board of Directors;
• The restricted fund of your choice.
- You can identify gifts as honorariums to commemorate special occasions for your loved ones or as memorials to remember them.
- You can make gifts of any amount and kind (e.g. cash, stocks, bonds, property).
• Donors of $100,000 gifts or more are eligible for naming opportunities;
• Donors of one-time or cumulative gifts reaching $10,000 receive a
pinecone pyramid specially designed for Evergreen donors;
- Donors who do not choose to remain anonymous are recognized in the annual Family of Friends Donor Report for gifts, bequests and planned gifts made during the previous calendar year; campaign donors who do not choose to remain anonymous are recognized on Campaign Recognition Walls.
- You may realize charitable deductions, tax savings, and/or income for life through various estate planning tools. Federal and many state tax laws make it possible to reduce or eliminate gift, estate, capital gain, and income taxes on funds given to charities.
Giving with IRA Charitable Rollover Legislation
The Protecting Americans from Tax Hikes (PATH) Act as amended in 2015 makes the IRA Charitable Rollover permanent law. This is an important giving vehicle for our donors who are age 70 1/2 or older because it allows you to transfer up to $100,000 annually from your IRA accounts directly to Evergreen without having to pay income tax on the money. This opportunity applies only to IRAs and
not to other types of retirement plans. You may not receive any goods or services in return for the rollover gift in order to qualify for tax-free treatment.
Requests for information about giving to the Evergreen Foundation, to select which Evergreen Foundation materials to receive, or to remove your name from specific mailing lists may be directed to the Vice President of Foundation Advancement at 920-237-2120.