The Westminster Ingleside Foundation works to assist residents who have outlived their resources, and to fund special projects and programs that enhance the lives of our residents. You can help build our Foundation's resources through a general gift to the Foundation itself, or designate a gift to a particular community. There are many ways to be part of this tradition of giving and caring.
All gifts to the Westminster Ingleside Foundation are tax deductible as we are a 501(c) (3) nonprofit organization working to raise charitable funds for our three Ingleside continuing care retirement communities.
Gifts of cash are often the most popular form of contributing. Cash gifts can memorialize a loved one or honor a special person. Cash is a convenient form of giving, and when itemized on your tax return, is deductible for federal income tax purposes. For your convenience, to make a gift by credit card, please click the Donate button.
Gifts of appreciated securities can be made as outright gifts. Stock certificates may be reassigned directly to the Westminster Ingleside Foundation or transferred through your broker. The mean market value on the date of transfer determines the value of the gift for tax purposes.
Deferred giving is a good option for donors who would like to make a more substantial gift. Charitable trusts can provide the donor income for life, with the principal going to the Foundation after the donor's passing. Bequests may be expressed as a percentage of an estate, or as a fixed dollar amount.
Charitable donors may increase monthly income and receive an immediate tax deduction by participating in a charitable gift annuity. In exchange for an irrevocable gift of cash, securities, or other assets, the issuer of the CGA agrees to pay one or two annuitants a fixed sum for each year of life. Income is determined by the size of the gift, the donor's age, and the age of any other beneficiary.
Residents who need their assets during their lifetimes may consider leaving all or a percentage of the refundable portion of their entrance fee as a gift to the Foundation’s future. This gift is flexible, so the donor can draw down on the entrance fee for Assisting Living requirements and is able to revoke the commitment should circumstances change.
Making the Westminster Ingleside Foundation a beneficiary of your life insurance policy is an ideal way to fulfill your charitable desires without incurring out-of-pocket expenses. To change the beneficiary of your life insurance policy, secure a change of beneficiary form from your agent and include Westminster Ingleside Foundation as a beneficiary of the death benefit.
We urge all prospective donors to seek the assistance of personal legal and financial advisors in matters relating to their gifts and the resulting tax and estate planning consequences.
For more information on planned giving options, please contact:
Westminster Ingleside Foundation
5121 Broad Branch Road, NW
Washington, DC 20009
Thank you in advance for your generosity to our communities!