Legacy Endowment Fund

Together, we are building our legacy.

As a permanently invested endowment, the Legacy Fund will be an ongoing source of income, providing the assurance that our important work can always continue. Giving to the Legacy Fund will support the residents of Cedar Lane in perpetuity. That’s why gifts to the endowment fund are such a vital way to sustain and grow our capacity to serve seniors and disabled adults.

Consider joining your legacy with ours and making a gift today.

 

Securities/Stocks: Appreciated securities can provide an attractive means of giving. Through this type of gift, you can receive a charitable income tax deduction and avoid paying tax on the capital gains that would be due if the stocks were sold outright.

Real Estate: By donating appreciated real estate to the Cedar Lane Legacy Fund, you can earn generous tax benefits, support your favorite cause, and free up time for other pursuits. You can also designate the total, portion or percentage of your home or property sale proceeds to Friends of Cedar Lane.

Matching or Workplace Giving: Many companies have a matching gift program or contribution through a workplace giving campaign, that may increase your contribution to Friends of Cedar Lane. Your employer’s (or former employer’s) human resources office can provide the necessary information.

IRA Charitable Rollover: If you own an IRA and are over age 70½, you may transfer up to $100,000 annually directly from your IRA to the Friends of Cedar Lane Legacy Fund. The transfer generates neither taxable income nor a tax deduction. The transfer may count against your unsatisfied required minimum distribution.

Retirement Plan Beneficiary: You can also add the Friends of Cedar Lane Legacy Fund as a beneficiary, partial beneficiary or contingent beneficiary in your IRA or other retirement plan.

Bequests: Plan now and give later when you name Friends of Cedar Lane in your will or living trust by designating a specific amount.

Life Insurance: Friends of Cedar Lane may be named as the owner and beneficiary of a new policy, or ownership of an existing policy may be transferred to Friends of Cedar Lane.

Monthly Contributions with the Legacy Builder: You can help move our mission steadily forward by making a monthly gift of $17.77 or more. Why $17.77? To honor our founders who, in 1977, first answered the call to action to improve the lives of seniors and disabled adults in southern Maryland.

Contact Eric Golden, President/CEO at 301-475-8966, extension 10 to speak confidentially about your giving options.  You can e-mail Eric at [email protected] for more information.

WIRE INSTRUCTIONS:

U.S. dollar currency only (originating inside
U.S.)
Bank: Citibank N.A.,
New York
Routing number: 021000089
FBO: Charles Schwab & Co., Inc.
Account number: 4055-3953
Bank address: 399 Park Avenue, New York, NY
10022

For further credit to: 9423-6279,
Friends of Cedar Lane, Inc.

 

STOCK
DONATION INSTRUCTIONS:  

Please transfer (number) shares to the CASPCA’s brokerage account
as follows:

Charles Schwab & Co., Inc

DTC Participant Number: 0164, Code 40

Account Name: Friends of Cedar Lane, Inc.

Account Number #: 9423-6279

Attention: Transfers, 800-435-1000

 

Our Charles Schwab & Co., Inc contact in charge of
transactions is:

Elizabeth P. Morris Darrell & King

410 White Gables Ln.

Charlottesville, VA 22903-994

Fax: (434) 977-6313

[email protected]