Donors to the ABHOW Foundation have been improving the lives of residents since the first bequest of $50,000 was received in 1968. Although the ABHOW Foundation honors its donors in a variety of ways, ranging from donor recognition walls to Heritage Honor Society events, it now wishes to bestow new recognition on its most precious donors—those who leave a philanthropic legacy of giving to their community. The new program, Legacy Circle, honors those who make significant gifts.
In 2015, ABHOW Foundation President Jeff Glaze was encouraged by resident-led foundation committees and his staff, to recognize those who give generously during life or leave gifts to their community as part of their estate planning. Last year, Glaze introduced Legacy Circle to its board and it was received with great enthusiasm.
Legacy Circle will honor donors who make contributions to their community by either donating $250,000 to any single community fund or donating a cumulative amount of $500,000 to multiple community funds. A donor can also become a member of the Legacy Circle now by letting the foundation know they are leaving something to their community after they are gone. For the latter type of contribution, there is no minimum size of gift when leaving this type of legacy and some of the options include naming the foundation as a partial or full beneficiary of their:
- Bank account
- 401K or similar retirement instrument
- Life insurance polices
- Entrance fee rebate
- Or signing a charitable gift annuity agreement
In June 2017, Glaze will be laying out the campaign for Legacy Circle. It will be the first initiative between be.group Foundation and ABHOW Foundation. Both foundations are very much excited to be working together on the project.
For more information on Legacy Circle, please contact Jeff Glaze at either email@example.com or 925-437-6091.