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Charitable Contributions

 

The Warm Hearth Foundation receives and administers funds in support of the idea that "Aging with dignity should not be a question of ability to pay." Fund-raising for the foundation is carried out through two distinct campaigns.

The Annual Fund for Charitable Benevolence provides day-to-day support for residents who have "spent down" their estates and can no longer afford the full-cost of their care. Residents in Showalter Center and the Kroontje Health Care Center receive this financial assistance in a seamless and confidential manner.

The Benevolence Endowment was established in 2003 to strengthen the financial safety net of the Annual Fund and other subsidies. As an endowed fund with a $1 million goal, investment earnings will be used to support Village residents in need. We anticipate a steady increase of residents needing financial assistance, making the need for this endowment more crucial. Click on gifting guides below to learn more.

Charitable Gifting Guide
Cash Securities Property Cell Phone Planned Gifts
Bequests In-Kind Gifts Matching Gifts Memorial Auction  

 

Online donation system by ClickandPledge

Cash

Outright gifts of cash can be put to immediate use. If you'd like to support   our mission with a gift for more than what you presently have available, consider pledging a gift and make the payments quarterly or semi-annually. This could double or quadruple the impact you make. The Warm Hearth Foundation  will send you pledge reminders according to the payment schedule you prefer.

Securities

Stocks and bonds are welcomed gifts. A charitable deduction may be allowed  for a gift of an appreciated investment at the full market value of the gift --    not at original cost. You avoid capital gains taxes on gifts of appreciated securities. The Warm Hearth Foundation has an Advisory Board of Financial/Investment professionals to provide you guidance regarding gifts   of securities.

Real Estate & Personal Property

Real estate can be donated as a gift with tax deductions determined by fair market value. An extra car or other valuables that are no longer needed may also be given. Offers of real and personal property must be considered and approved by the Foundation Board of Trustees, prior to acceptance.

Planned Gifts/Life Income Gifts

Trusts, annuities and pooled income funds enable contributors to donate  assets while retaining the income from these assets for their lifetimes. Contributors can take advantage of immediate charitable income tax deductions while experiencing significant estate and capital gains tax    savings.

Bequests

The Warm Hearth Foundation is grateful to those donors who continue to provide for the needs of Warm Hearth Village through their wills. By having an attorney add a simple amendment, donors can make a gift through their estate after providing for the needs of loved ones.

In-Kind Gifts

Many companies donate products they manufacture. Materials, equipment, and furnishings are welcomed gifts.

Matching Gifts

Many companies will match gifts made by employees. Some companies     even double or triple the amount of the gift. Check with the personnel office of   your company for matching gift forms. Matching gifts will be credited to   your cumulative gift giving total.

Memorial/Honorarium Gifts

Any gift of support can be given as a memorial or in honor of a loved one or friend.

Auction

The Warm Hearth Foundation accepts donations of used furniture and appliances.  Items are sold at a local auction made possible by Valley Auctions and the proceeds go to the Annual Fund for Charitable Benevolence directly benefiting residents in need within our community.  Donations can be counted as a charitable tax deduction and arrangements will be made to pick up items at your convenience.  Some restrictions apply.

 2607 Warm Hearth Drive, Suite 100 Blacksburg, VA 24060 (540) 443-3406
or for more information, please email us at knelson@warmhearth.org