Transcript Club Presentation on Planned Giving (US only)

You are part of the Rotary Family
Be a part of it forever
“EACH ROTARIAN: REACH ONE, KEEP ONE”
WHAT ARE THOSE MEMBERS CLASSIFICATIONS?
8341 - 0073
The Permanent Fund
 Enhanced
Foundation programs
since 1982
 Endowed fund invested permanently to
build long-term stability for Foundation’s
future
 Key to Foundation’s role tomorrow
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Major Donors D-7610
James H. Babcock Goudarz and Ellen Bakhtiar John A. + and Janet R. Bohm John E. and
Saundra Bouchard J. Charles and Janice L. Bowden Thurman Campbell William B. Clopton
John H. Coker, Jr. C. Barrie Cook Stephen K. and Marla Cook Charles A. and Jerry C.
Crenshaw Van + and Priscilla Cunningham Charles N. and Nita D. Davidson Ammon G.
Dunton, Sr. Richard Dwyer William C. Frogale Robert L. and Barbara A. Hahne Hugh R. and
Barbara Heishman Edward B. and Nina M. Holman John W. Holtzclaw Robert Houston Hovis
III William C. and Eleanor Howlett Norman F. and Helen D. + Kloker Burton E. and
Kathryne M. Lamkin John W. Leonard Donald A. + and Margaret LoweryGeorge R. Marion
Kim and Le-Nhung McLeland Thomas W. McMillan David S. and Mary A. Mercer Scott A.
and Kim E. Mills Nelda S. Mohr Edward R. Mooney, Jr. Thomas L. and Anne T. Neuman
David H. Ogden Mark Osborn Peter G. and Ethel F. Petro Thomas R. and Eleanor Pocock
Eugene J. Rackel Edward and Geraldine Shahin Lloyd J. + and Anne E. Stiegman James W.
Timberlake V John B. Wake George Truman Ward Donald L. Wellen Travis W. and Margarett
I. White Perry Winston Bernard H. Zeavin Edward C. and Nancy L. Connor Sandra L. and W.
Donald Duckworth Thomas J. Fannon Cecile Y. and Robert A. Fleming, Jr. Ben G. Higdon
Dixie and Jack Scott + Kenyon, Sr. Scott O. Found William B. and Cecile B. Kelly Glenn R.
Noffsinger, Kenneth G. and Delores L. George and Marian Atwell Haskell W. and Willa L.
Smith Charles S. + and Jean G. Ylonen Vance S. Zavela and Jean L. Schiro-Zavela Owen C.
Shull
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
BEQUEST SOCIETY D-7610
Richard C. Abbott Stephen R. Aycock F. S. Woodruff Bentley, Sr. Thomas
A. Bowman, Jr. Douthard R. and Jewel Scott W. Carpenter Stephen K.
CookRichard J. Dickson Scott O. Found William H. Ginn, Jr. Mark C.
Humphrey PJ Humphrey Carole S. Jackson William F. Jarrett Magdalene
Johnson-Obaji William M. King Burton E. and Kathryne M. Lamkin,
Howard L. Manas George Ron Marion Suzanne P. McDougall John and
Norma McKone Francis C. McLearen ScottA. Mills and Kim E. Mills
Patrick and Jacqueline Mullins Bobbac Oveissi Susan and Raymond
Petniunas Bilal and Tin Nu Raschid Gant Redmon Judy L. Redpath Patricia
H. Rhoads Leonard R. and Blanche H. Scharf LeRoy S. Strohl III Kenneth
G. and Delores L. Tillman James William Timberlake V Scott K. Ward
Karen A. Wayne Roy A. Werner Dr. Marilyn A. Williamson Sandra L. and
W. Donald Duckworth Thomas L. and Anne T. Neuman David H. Ogden
James F. Purdon Karey J. Starnes Don and Chris Owens Charles S. + and
Jean G. Ylonen Owen C. Shull
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
WHO WERE THOSE PEOPLE?
 Look
a lot like you and me
 Have their own affairs in order
 Have a real commitment to Rotary
 Want to make a difference
 Gain peer acceptance
 Satisfy a need for recognition
 Support religious beliefs
 Express gratitude for services received
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
A look at the Future – Today
Permanent Fund
earnings already help
support Rotary
Foundation programs
that advance our
mission.
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Humanitarian Programs
 Matching
Grants
 District Simplified Grants
 Health, Hunger and
Humanity (3-H) Grants
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Educational Programs
 Group
Study Exchange
 Ambassadorial Scholarship
 Rotary Centers for
International Studies
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Polio
 PolioPlus
– Help meet
Rotary’s $200 Million Challenge
“Eradication is attainable.”
Luis Giay
Chairman, Board of Trustees 2006-07
The Rotary Foundation
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Four “Win” Test
Did you know that with one gift you can …
 Make
a major gift to support Rotary
Foundation programs
 Receive immediate tax benefits
 Reduce capital gains tax on gifts of
appreciated property
 Receive lifetime income for you or others
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Life Income Agreement
A Life Income Agreement enables donors to receive
income for life from their charitable gift.
 Types of Life Income Agreements available through
TRF:

–
–
–
–
–
–
Charitable Gift Annuity
Deferred Charitable Gift Annuity
Charitable Remainder Annuity Trust
Charitable Remainder Unitrust
Lead Trust
Pooled Income Fund
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Charitable Gift Annuity
A donor makes a gift in cash or publicly traded
securities and in return receives regular
payments for life that never change in size or
frequency, regardless of changes in the
economy.
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Deferred Charitable Gift Annuity
Just like Charitable Gift Annuities, but:
 Payments are postponed for a specified period
of time, which is at least one year after the date
of the gift.
 Size of payment depends on the amount
transferred, income beneficiary’s age, and the
length of deferral.
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Charitable Remainder Trust
A trust into which a donor irrevocably places assets in
exchange for an income, either for life or a term of
years.
 The trust will pay income at an agreed upon rate
minimally 5% of the initial principal.


Two types of Charitable Remainder Trusts:
– Unitrust – Income fluctuates annually with the fair market
value of the trust.
– Annuity trust – Income payments are fixed and determined
when the gift is made.
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Named Funds
– establishes Named Fund to
provide general support for The Rotary
Foundation’s programs
 $50,000 – endowed fund for Rotary
Centers general support
 $150,000 – restricted endowment, a
project within a program of your choice
 $25,000
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
IRA Roll-over Option
 Individuals
who are 70 ½ at the time of the gift
may annually donate up to $100,000 from their
Individual Retirement Account (IRA) directly
to The Rotary Foundation
 This gift can be made without increasing
federal gross income for that tax year
 This option is only available until 31 Dec 2009
unless Congress extends the current law
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Testamentary Gifts
Gifts that benefit The Rotary Foundation after
the donor’s death.
Testamentary Gift options:
 Benefactor
 Bequest Society
 Making a gift of Life Insurance
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Almost Automatic!
 A Benefactor
is an individual or couple that
has made a provision in their estate plan to gift
a minimum $1,000 to The Rotary Foundation.
Benefactor Commitment Card: 149-EN
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
BENEFACTOR
Your Club
Benefactor
GOAL
(?)
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Leaving a Legacy of Hope –
The Bequest Society
 Bequest
Society member is an individual or
couple that has made a provision in their estate
plan to gift a minimum $10,000 to TRF.
Bequest Society Membership Card: 098-EN
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Planned Giving Resources
www.rotary.org/newsroom/downloadcenter/foundation/development.html
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Planned Giving Newsletter
VISIONS is a
semi-annual
Planned Giving
publication,
available for
download on the
Rotary website.
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
For additional information
TRF Evanston Contact:
Jackie McGuire
Major Gifts Officer
(847) 866-4450 (Phone)
(847) 328-5260 (Fax)
[email protected]
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
For additional information
Zone 33 Contact:
Jim Pierce
ARRFC
(H) 757-345-3721
(O) 757-220-5109
[email protected]
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
For additional information
District 7610 Contact:
John J. Holler,Jr.
Permanent Fund Chair
(H) 703- 443-2181
(O) 703-279-8611
[email protected]
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
It’s a great time for fundraising!
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow
Robert F. Sharpe, Jr.
President Sharpe Group, Tenn.
“… may seem self evident … charitable giving
wane under economic pressure. However,
history tells otherwise. American philanthropy
forged nearly continuous growth for the past 4
decades through every economic climate.”
The Rotary Foundation Permanent Fund – Leaving a Legacy … To Secure Tomorrow