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The
Legacy
Society
What
is the Legacy
Society?
Penny
Scott Memorial Fund
Where does the money go?
What kind of legacy will you leave?
How do I become a member?
SHARING
THE
The
United Way of Wayne County has a long and successful history in providing
support to numerous health and human service agencies in our community. We
have built an impressive track record of bringing people together to meet
the most pressing challenges our community has faced. Through the
traditional annual campaign, the promotion of volunteerism and
collaborative efforts, our United Way has provided an efficient and
effective way to support the less fortunate in our community.
The United Way
of Wayne County has established an endowment fund to support the mission
of the organization into the future. The United Way Legacy Fund is a
special fund, separate from our annual campaign, which will provide
additional support for creating solutions for today and tomorrow. By
integrating a dynamic endowment program into its traditional fundraising
strategy, United Way of Wayne County is positioning itself to confront the
problems of today and the times yet to come.
~
What
is the
Legacy Society?
The
Legacy Society was created to recognize the generosity of individuals and
families who have made or provided for gifts to the United Way of Wayne County
Legacy Fund. When you become a member of the Legacy Society you create a legacy
of caring for your community that continues forever.
~
Penny
Scott
Memorial Fund
The Penny
Scott Memorial Fund was established by an anonymous donor to honor the
memory of Penny Scott. Programs supported by the fund include: Health
and Life Skills - provided by the Boys and Girls Clubs of Wayne County; Teen
Health Corps - Provided by Communities in Schools and Drug Prevention
& Education - provided by Wayne Uplift Resource Association.
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Where
does
the money go?
A gift
to the United Way Legacy Fund can respond to a range of future community
needs or can reflect a donor's special interest. Through
unrestricted gifts, United Way will be able to support programs to meet
future health and social service needs, needs we may not be able to
envision today. All gifts to the endowment will be invested, and
only a portion of the income will be spent, ensuring that the gift will
grow in perpetuity. The income will be invested in our community,
assuring that it will always help where it is needed most.
The
United Way will work closely with you and your advisors to ensure that
your gift has the maximum impact in the community and fulfills your desire
to leave a legacy in our community.
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What
kind of Legacy
will you leave?
You
can leave a legacy of caring for those in our community who need a helping
hand, now and in the future. You and your financial advisor can
select a gift that balances your needs, your interests in United Way, and
is best suited to your personal circumstances. Each gift planning
option can work to provide a substantial gift to United Way and provide
tax and income advantages to you and/or your heirs. The gift you
give to United Way will build hope in the lives of those in need. |
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How
do I
become a member?
There are many ways to become a member
of the Legacy Society and show you care. Among them are:
e
Outright
Gifts
You may wish to make an outright gift to the Legacy
Fund. Gifts of appreciated securities and real estates are two options
that may provide ideal tax savings for you and sizeable gifts to United
Way.
e Bequests
through Will
Naming United Way in your will is one of the easiest
ways to make a lasting expression of your charitable concern. Bequests
may be in the form of a stated dollar amount, property, a percentage or
the residual of an estate.
e Charitable
Remainder Trusts
Place assets in a trust and the earnings are paid as
income to you and your beneficiaries. Upon the death of the last
beneficiary, the principal goes to United Way.
e Charitable
Lead Trusts
Place assets in a trust for a specified period of
time. Earnings go to United Way during the life of the trust. The
principal goes to your beneficiaries when the trust terminates.
e Life
Insurance
Life insurance is another simple way to make a
lasting gift to United Way and realize significant tax savings. Examples
include: Naming United Way as the beneficiary of an existing policy, or
donating a paid-up policy that you already own and naming United Way as
the owner and beneficiary.
e Retirement
Plans
You may choose to name United Way as the beneficiary of a portion of
your retirement plans.
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