Are you thinking about what your legacy will be?

Do you want to make a long-term impact in your community?

Join the Growing Home Planned Giving Program and know that your gift will make a difference, both for today’s families and for future generations.  Some giving options include:

Create a Bequest in Your Will:

Are you passionate about Growing Home’s mission and want to ensure that our work continues for years to come? If so, consider putting Growing Home as a beneficiary in your will. This is a simple way to make a huge impact on our organization and in the communities we serve. You may specify an amount or a percentage you wish to give to Growing Home. If you are considering a gift by bequest, please speak with your attorney or advisor for more details.

Contribute Through Your IRA Rollover:

If you are at least 70 ½ years old and have an IRA with a required minimum distribution, this could be a good option for you. By contributing through your IRA rollover, you can transfer up to $100,000 to a charity of your choice and it will count toward your IRA’s minimum distribution amount. Also, it will not be included in your taxable income amount. This is a win-win option if you have an IRA and are looking to make a contribution that can be used by Growing Home immediately to help families in need.

Give Through Your Retirement Plan or Life Insurance Policy:

If you don’t have an IRA and do not wish to include Growing Home in your will but you still want to make a lasting impact, you can designate Growing Home as a beneficiary of your retirement plan or life insurance policy.

“Growing Home is a strong, vibrant, and critically important organization, helping families find stability in the face of unexpected and unavoidable crises. Growing Home strengthens our community’s future by ensuring that the next generation of Westminster residents will be educated and productive contributors to our society. I can’t think of a better use of my resources – now or in the future.  Just like more than 100 other families, I am a member of the Building Homes Society, pledging my support so that Growing Home can reliably depend upon a steady source of funding for general operating costs. Putting Growing Home in my will was a natural extension of that support.

“I have no plans to die soon. I’m hoping for a long life. But I needed to make a will – many people don’t have one – and establish my priorities. I asked myself, ‘What do I value most?’  I support Growing Home because it does more for families than just supplying band aids. Growing Home works directly with families to ensure that the next generation will be better prepared to succeed. This approach deserves our enthusiastic backing.  Making a planned gift to Growing Home is simple and inexpensive. You can assign a percentage of your estate and know that you will have done your part to help Growing Home do its work well in the future.”

Jim Braun, Tech industry veteran and former Growing Home Board member

If you’ve spent any time at all around Growing Home, you know Bev. Consummate volunteer (Food Pantry), Ambassador Manager, and Chair of Growing Home’s Board of Directors, Bev is now retired and devotes much of her time and treasure to us. When asked about her involvement, Bev said, “It just makes sense to do all you can to improve the community where you live. That’s why I volunteer at, and support, Growing Home. I want to make sure Growing Home is here after I’m gone, for the generations to come.”

Bev Bishop, Growing Home volunteer, Ambassador Manager, and Board Secretary

More Information, Please! 

Please consult your attorney or financial advisor if you are considering donating through any of the options listed above.

If you are interested in learning more about Growing Home’s Planned Giving Program or if you want to find out more about the impact your gift will have, contact Pell Fender, Major Gifts Officer, at 720-407-1986 or pell@growinghome.org.

Glossary of Terms and Possible Planned Giving Options

Bequest: A bequest is an act of giving financial assets such as stocks, bonds, or cash to an organization through the provisions of a will or estate plan.  A bequest may be for a specific dollar amount or a percentage of one’s estate.

Life Insurance: Perhaps you own a fully paid-up, whole life insurance policy that you no longer need.  Consider naming Growing Home as a beneficiary of that policy.

Retirement Fund: Includes IRAs, 401-K, or 403-B retirement fund.  Consider naming Growing Home as a full or partial beneficiary.

Charitable Lead Trust: A charitable lead trust is an irrevocable trust designed to provide financial support to Growing Home for a period of time, with the remaining assets eventually going to family members or other beneficiaries at the end of the trust’s term. There is no tax deduction for the amount of the trust, but the corpus of the trust passes to the beneficiary without taxable consequences.

Charitable Remainder Trust: A charitable remainder trust is an irrevocable trust that generates a potential income stream for the donor or other beneficiaries, with the remainder of the donated assets going to Growing Home. There is a significant tax deduction for the donor of a charitable remainder trust, though tax must be paid on the revenue generated to the donor by the trust.