Make a planned gift…changing the lives of people who are blind or visually impaired.
Making a difference in the lives of the next generation is something everyone can do. Whether you think of yourself as rich or poor or somewhere in between, your gift can make the difference in the lives of people with visual impairments. Even a small amount can lead to a big impact over time.The Trader Society
The Trader Society represents people who are making a legacy gift to Clovernook. Named after our founders, Georgia and Florence Trader, the members of the society are committed to ensuring that the next generation has access to vital vision services by leaving their legacy through a planned gift. Some members have named Clovernook in their will; some members have established a trust; some have purchased annuities. The proceeds of all gifts, whether a one time donation or gifts in perpetuity, will help fund our sustainable mission for another 105 years.
How can you get started? Make sure you have an up-to-date will or living trust that reflects your family and charitable objectives. If you don't, you might want to contact your financial advisor or lawyer and ask for help in establishing a will or trust that incorporates charitable giving. As you work through this process, think beyond cash. Perhaps you have securities, IRA or insurance policies where you might like to leave your legacy by naming Clovernook as the beneficiary.
It is highly recommended you consult with your tax or legal advisor prior to making a planned gift.
Only you know the best fit for your charitable giving. If you are interested in becoming a member of The Trader Society, please call Anne M. Maxfield, Vice President of Fund Development & Community Relations at 513.728.6274 or fd@clovernook.org.
Estate Planning
What is estate planning? Estate planning encompasses the accumulation, conservation, preservation, and transfer of an estate through planning and implementation of an estate plan. The overall purpose of the estate planning process is to develop a plan that will maintain the financial security of individuals and their families. Estate planning has come to include lifetime planning that leads to conservation and transfer of assets. Estate planning should also facilitate the intended and orderly transfer of property at death, taking into consideration the family unit and the potential costs of different methods.
It is during the estate planning process that you may want to think not only about your family and friends, but also charitable giving.
If you need assistance, National Association of Estate Planners & Councils can help.
Charitable Gift Annuities
You can begin any year with the satisfaction of having made a gift of cash, stocks, or bonds to Clovernook Center and have the knowledge that you will be receiving a stream of income for life.
In a life-income arrangement, you can purchase an annuity, which allows you income each year (payment for the asset) and a charitable income-tax deduction for making the gift. Or, if it makes more sense, you can establish a charitable trust, ensuring your family and favorite charities are funded. As with any planned giving initiative, it is highly recommended you consult with your tax or legal advisor prior to making a planned gift.
Call or email Anne M. Maxfield, Vice President of Fund Development for information regarding local financial banking institutions so your gift can last a lifetime. 513.728.6274 or fd@clovernook.org.
Bequests
If you want to leave your legacy to Clovernook Center, naming us as one of your beneficiaries in your will might be a fit. Many donors also choose to review their long-range financial plans from time to time. Wills, life insurance policies, retirement accounts and other planning methods can offer special ways to leave a lasting legacy to charitable interests. It is highly recommended you consult with your tax or legal advisor prior to making a planned gift.
Call or eMail Anne M. Maxfield, Vice President of Fund Development for information regarding how you can leave your legacy to Clovernook Center. 513.728.6274 or fd@clovernook.org.
Charitable Trusts
Charitable trusts are another tool donors can use for planning their gifts to nonprofit organizations.
A Charitable Reminder Trust is an irrevocable trust that pays a specified annual amount to one or more people for a fixed period of years – often the lifetime of the donor. At the end of the term of the trust, the remaining trust assets are distributed to the charity.
A Charitable Lead Trust is similar to a remainder trust, but the principal reverts to the donor or designated heirs at the end of the trust term.
As with any planned gift, it is highly recommended you consult with your attorney or financial advisor.
Call or eMail Anne M. Maxfield, Vice President of Fund Development for information regarding how you can make a trust gift to Clovernook Center. 513.728.6274 or fd@clovernook.org.
Clovernook Center for Blind and Visually Impaired's website has been designed to be as accessible as possible to all website visitors. As such this website has been created to be accessible to those with varying degrees of visual impairment and has been found to be compliant using the former Watchfire WebXact and Bobby systems. This site strives to be accessible to all, if you have found content that you are having difficulty accessing, please contact us at accessibility@clovernook.org and we will address the issue.
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