What is a legacy? It’s a way of being remembered. It’s wanting to know your impact will make a difference that outlives you. Who can you trust to ensure your legacy will continue?
Your legacy belongs in the hands of people who understand fulfilling one. LifeCare Alliance has been fulfilling the legacy of our founder, Catherine Nelson Black, for 125 years to “take care of those no one else pays attention to.”
You can leave a lasting legacy by leaving a gift for LifeCare Alliance through a bequest in your will to ensure our services will continue for another 100 years or more. Your generosity will provide nutritious meals and a daily visit to homebound seniors; pet food and veterinary care for companion pets. You will offer hope through detection and support to clients and families fighting cancer; life-changing resources and community for children with diabetes; and so much more.
Your legacy gift also offers you membership in The Catherine Nelson Black Society, honoring those who have chosen LifeCare Alliance to fulfill their legacy like our founder.
Ready to establish your legacy and lasting impact? Do you have questions or wish to speak with someone directly about legacy giving?
Contact Carrie Burson, Director of Development, at 614-437-2848 or cburson@lifecarealliance.org
Legacy Giving FAQ / 101 / Basics / Need to Know
What is legacy giving?
Legacy giving goes by many names including planned giving or estate giving. It is donations that are established now to be donated at a future date, commonly after an individual has passed away. Common gifts include, but are not limited to, a bequest in a donor’s will, stock or securities, or life insurance.
How can I get started?
We would love to meet you to discuss your philanthropic goals and how LifeCare Alliance might fit into your legacy. Contact Carrie Burson, Director of Development, at 614-437-2848 or cburson@lifecarealliance.org
What are the tax benefits of a legacy gift?
There may be significant tax benefits available to your estate. Donors are advised to seek qualified legal and tax advice before establishing any kind of will, bequest, or other deferred gift vehicles. Within the provisions of the tax law, your full contribution to LifeCare Alliance is tax deductible. You will receive a letter of tax documentation for your records.
Can my gift be designated to a specific program of LifeCare Alliance?
Yes! You can choose to designate your gift to a specific program of LifeCare Alliance or allow it to be used where it is most needed.
Does LifeCare Alliance have an endowment? How does it work?
Yes, LifeCare Alliance has $20 million endowment fund. Every year, interest income will be released from each account to address the specific needs and programs for which it was intended. Monies placed in specific endowment funds ensure gifts will continue to give for decades.
Can LifeCare Alliance provide me guidance on my will or estate plan?
We recommend donors seek qualified legal and tax advice before establishing any kind of will, bequest, or other deferred gift vehicles. If you’re in need of guidance, please review this list of local professionals, who are able to assist you.
Do I need to notify LifeCare Alliance if I include them in my will?
Yes, please notify us if you’ve graciously included us in your will and estate plan.
What language should I use to ensure my bequest in my will is given to LifeCare Alliance?
Below is a sample of language you can use in your will bequest to include LifeCare Alliance. We advise any donor should seek qualified legal and tax advice before establishing any kind of will, bequest, or other deferred gift vehicles.
“I give ______________* to LifeCare Alliance, an Ohio nonprofit corporation located in Columbus, Ohio, or its successor thereto, to be added to the endowment of said agency and to be used for any reason or purpose whatsoever, as determined by said agency.”
*This could be a dollar amount or percentage of the total estate.
How will my legacy gift be recognized?
If your gift is $25,000 or more you’ll be recognized in our annual report and brochures, and become a member of the Catherine Nelson Black Society.
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