Legacy Circle Donors

Legacy Circle Donors

Our Legacy Circle includes individuals, families, foundations, donor advised funds,
and charitable trusts who have gifted Harmony At Home at least $20,000, or whom
we know have included Harmony At Home in their estate plan.

Donor Advised Funds

Dan McGilloway, donor advisor to the Kent & St. Clair Mitchel Charitable Foundation

Donor Advised Funds at Community Foundation or Monterey County:
Rick and Tonya Antle Fund
Valera Whitford Lyles Fund
Doolittle Fund
Lenore and Dale Meyer Fund
Lehman Family Fund
Julie Kadis, donor advisor to the Leslie B. Kadis, MD
& Ruth McLendon Foundation Fund
Timothy K. Allen, donor advisor to the Carmel Gives Fund

Family and Individuals

Mary Kay Acquazzino
Kathy and Don Bauer
Susie and Richard Bauer
Charles and Kerry Beren
Trudy Bohland*
Barbara and Don Chapin
Sally and Richard Charpie
Margaret D’Arrigo
Liz and Bruce Dini
Leslie and Tony Finnegan
Margaret and Fred Goldsmith
Roberta and Lou* Huntington
Debbie Juran
Celine and Robert Kahn
Marsha Kelly
Julianne Leavy and Charles Knight
Michael Leavy and Susan Galvin
Laela and Zad* Leavy
Patricia McDermott
Laura Overett
Susan Knight Pearson
Scott Sheffield
Susan Prest and Allen Sherwood, USN*
Jill and Jim Sleeper
Laurie and Ben Trainer
Reid* and Karen* Woodward

 

*Honoring those who have since passed

Foundations and Organizations

AAML Foundation
ACTION Council
Andrew and Phyllis D’Arrigo Foundation
Barnet Segal Charitable Trust
Carmel-By-The-Sea Rotary Club
Central California Alliance for Health
Charles D. and Mary A. Bauer Foundation
Chick-fil-A, Inc
Community Foundation for Monterey County
Harden Foundation
Hospice Giving Foundation – Heal Together Collaborative
Leavy, Galvin, Knight Family Foundation
Montage Health
Monterey Peninsula Foundation
Nancy Buck Ransom Foundation
Nancy Eccles and Homer M. Hayward Family Foundation
Pebble Beach Company Foundation
Rainbow Connections Monterey County
Ralph Knox Foundation
RBC
Salinas Valley Health
Sally Hughes Church Foundation
Sunlight Giving
Tanimura Family Foundation
Taylor Farms
The Ann Jackson Family Foundation
The Northern Trust Company
Vanderbilt CPAs
William H. and Patricia M. Smith Foundation
Woolpert Foundation
Yellow Brick Road

Types of Planned Gifts to Harmony At Home

Planned gifts can take many forms. Some are relatively simple, and others require professional assistance to set up.

Bequest

A bequest is a gift made through a will or a trust. It is the most popular planned gift. It is the easiest to make, and it costs nothing during the donor’s lifetime. A bequest is usually a set dollar amount or percentage of an estate that goes to Harmony At Home after the donor’s death.

IRA or 401(k) Beneficiary

A donor can designate Harmony At Home as the beneficiary of all or a portion of an Individual Retirement Account (IRA) or a retirement plan, such as a 401(k). Upon the donor’s death, Harmony At Home receives all or the percentage of the proceeds designated.

Insurance Beneficiary

A donor can designate Harmony At Home as a beneficiary of a life insurance policy.

Lifetime Charitable IRA Rollover

(also referred to as a “Qualified Charitable Distribution” or QCD). A donor age 70/2 or older can make tax-free gifts from the donor’s Individual Retirement Account of up to $100,000 per year, which can count toward any required IRA distribution.

Charitable Remainder Trust (“CRT”)

With this irrevocable trust, the donor retains an income stream, obtains a current income tax deduction, and the balance in the trust passes to Harmony At Home upon the donor’s death. Favorable for donors with low basis appreciated assets.

Charitable Gift Annuity (“CGA”)

The donor retains a guaranteed income stream for life, obtains a current income tax deduction, and the balance passes to Harmony At Home upon the donor’s death (or upon the death of a spouse or other individual).

Gift of Remainder Interest in a Residence or Farm

The donor signs a real property deed for a residence, a vacation home, or a farm — to Harmony At Home, but retains the right to use (including the right to rent out) or live in the property for the donor’s lifetime (or a stated number of years).

Bargain Sale

The donor sells property to Harmony At Home for an amount less than the property’s fair market value. The donor receives a charitable income tax deduction equal to the difference between the fair market value and the sales price.

Charitable Lead Trust (“CLT”)

A Charitable Lead Trust is the reverse of a Charitable Remainder Trust. After a donor makes the gift to the Charitable Trust, the CLT makes the monetary payout to Harmony At Home for a term of years, or for the donor’s lifetime. After that, the assets remaining in the CLT pass back to the donor or to designated non-charitable beneficiaries (e.g., children or grandchildren).

  • Planned giving is the process of making a significant charitable gift during a donor‘s lifetime or at death, that is part of his or her overall financial or estate planning. It is also called legacy giving. 
  • Planned giving enables charitably–minded people to make larger gifts to nonprofits than most folks could make from just their annual ordinary income. 
  • Some planned gifts provide life–long income to donors. Other gift plans use estate and tax planning to provide for the nonprofit and heirs in ways that maximize the size of the gift and/or minimize its impact on the donor‘s estate.
  • A planned gift can include gifts of investments, real estate, personal property, retirement plans and life insurance benefits, or cash.

Option 1

Option 2

Option 3

Option 4

If you would like to…

 Make a significant future gift without affecting your current lifestyle Make a significant gift to Harmony At Home with little or no cost to you or your family. Find a tax advantaged way to leave your assets to Harmony At Home and to your heirs
upon your death		 Support Harmony
At Home without depleting your cash reserves and eliminate
capital gains tax

Then consider…

 A charitable bequest. Gift of a life insurance policy. Naming Harmony At Home as a beneficiary of your retirement plan A lifetime gift of appreciated stock

How you may benefit…

 Reduce esiale and death taxes, and retain conirol over your assets
during your lifetime.		 Receive an immediate income tax deduction and possible future tax deductions through gifts made to pay policy premiums Eliminate or reduce income tax on retirement plan assets, while making other property available to pass to your heirs Deduct the fair market value of the stock for federal income tax purposes and eliminate capital gains tax.

Option 5

Option 6

Option 7

Option 8

If you would like to…

 Make a significant git to Harmony At Home and retain a fixed stream of income. Make a significant git to Harmony At Home and retain either a fixed or variable stream of income. Make a significant git to Harmony At Home now and provide for your heirs later. Make a significant git to Harmony At Home without your cash reserves and eliminate capital gains tax.

Then consider…

 A charitable gift annuity. A charitable remainder trust. A charitable lead trust. A gift of real estate.

How you may benefit…

 Receive a fixed income stream and an immediate income tax
deduction, and eliminate or defer capital gains tax.		 Receive an income stream and an immediate income
tax deduction, and eliminate or defer capital gains tax.		 Reduce gift and estate taxes and dictate the timely passage of the
gift to your heirs.		 Deduct the fair market value of the real estate for federal income tax purposes and eliminate
capital gains tax.

Option 1

Option 2

If you would like to…

 Make a significant future gift without affecting your current lifestyle Make a significant gift to Harmony At Home with little or no cost to you or your family.

Then consider…

 A charitable bequest. Gift of a life insurance policy.

How you may benefit…

 Reduce esiale and death taxes, and retain conirol over your assets
during your lifetime.		 Receive an immediate income tax deduction and possible future tax deductions through gifts made to pay policy premiums

Option 3

Option 4

If you would like to…

 Find a tax advantaged way to leave your assets to Harmony At Home and to your heirs
upon your death		 Support Harmony
At Home without depleting your cash reserves and eliminate
capital gains tax

Then consider…

 Naming Harmony At Home as a beneficiary of your retirement plan A lifetime gift of appreciated stock

How you may benefit…

 Eliminate or reduce income tax on retirement plan assets, while making other property available to pass to your heirs Deduct the fair market value of the stock for federal income tax purposes and eliminate capital gains tax.

Option 5

Option 6

If you would like to…

 Make a significant git to Harmony At Home and retain a fixed stream of income. Make a significant git to Harmony At Home and retain either a fixed or variable stream of income.

Then consider…

 A charitable gift annuity. A charitable remainder trust.

How you may benefit…

 Receive a fixed income stream and an immediate income tax
deduction, and eliminate or defer capital gains tax.		 Receive an income stream and an immediate income
tax deduction, and eliminate or defer capital gains tax.

Option 7

Option 8

If you would like to…

 Make a significant git to Harmony At Home now and provide for your heirs later. Make a significant git to Harmony At Home without your cash reserves and eliminate capital gains tax.

Then consider…

 A charitable lead trust. A gift of real estate.

How you may benefit…

 Reduce gift and estate taxes and dictate the timely passage of the
gift to your heirs.		 Deduct the fair market value of the real estate for federal income tax purposes and eliminate
capital gains tax.