Foundation FAQs & Forms
Frequently Asked Questions
What does Homewood Foundation do?
As a 501(c)(3), Homewood Foundation raises charitable support to enhance the lives of the Homewood Retirement Centers family.
Primary Areas of Focus:
- Benevolent Care
- Special Programs
- Capital Projects
What is benevolent care?
Benevolent care is provided to members of the Homewood family who have outlived their financial resources, through no fault of their own, and live in Assisted Living/Personal Care and/or Skilled Nursing.
What is benevolent care’s impact on Homewood?
In 2017, Homewood Retirement Centers provided nearly $11 million in benevolent care and uncompensated services.
What is the Benevolent Endowment Fund?
The Benevolent Endowment Fund is an invested principle of money funded by gifts from donors over our history. This investment earns an annual income that is distributed to Homewood Communities to help underwrite each community’s ability to provide benevolent care to those residents in need.
How can donors support Homewood?
- Visit our Make a Gift page – contribute a one-time gift or a recurring monthly gift directly from your bank account.
- Annual Appeal mailings – take place two times per year (Spring/Fall).
- Visit our Planned Giving page – learn about different ways to make a gift, receive tax benefits, and tax advantageous income.
- Multi-Year Pledges – make a larger contribution spread out over several years.
- Visit our Stock Gift page – gifting stock can avoid all capital gains, while funding a Charitable Gift Annuity with stock will lower your capital gains and earn you an income for life.
How can I earn income from my donation?
- Visit our Planned Giving/Charitable Gift Annuity page – to see how a gift can earn income (up to 9.5% returns).
- Visit our Planned Giving/Charitable Remainder Trust page – to see how you can turn highly appreciated assets into an income stream for you and/or your heirs.
What are the tax advantages to giving?
- Every gift to Homewood Foundation is tax deductible.
- Gifting Appreciated Assets will avoid all capital gains.
- Using Appreciated Assets to fund a Charitable Gift Annuity lowers your capital gain tax and creates tax advantageous income for life.
- Gifting your IRA Required Minimum Distributions will avoid all income tax.
What is a trust?
- A Charitable Remainder Trust (CRT) creates income for you and/or your heirs for a selected period of time. Following the income period, the balance in the trust is distributed to Homewood Foundation and/or other charities.
- When using appreciated assets, like stock, to fund your CRT you will avoid all capital gain tax liabilities.
- A Charitable Lead Trust (CLT) creates income for Homewood Foundation or other charities for a period of time. Following the income period, the balance of the trust is passed to heirs in a very tax advantageous manner.
How does a gift to Homewood get processed?
- Homewood Foundation processes all gifts received.
- All Charitable Gift Annuities (CGA) are free to the donor. Homewood processes each CGA at no annual cost to the donor.
What is a site gift?
A site gift is a gift designated for use at a specific campus for a specific purpose.
Is your donation form secure?
Yes, our donation form is secured by our credit card processor. Your information is encrypted during the transaction by Blackbaud. There is a link in the payment details section of the form that gives more information about Blackbaud's involvement.
- Privacy Statement: Homewood Retirement Centers of the United Church of Christ, Inc. and / or Homewood Foundation, Inc. never releases your private information, whether in hard copy, electronic or virtual form, to any outside agency. We value our privacy and we certainly value yours. Information collected is for internal and communication use only and will not be sold, distributed, or made publicly available.
- Event Waiver: By completing and submitting the event registration form or by participating in the event itself, I am granting Homewood Retirement Centers of the United Church of Christ, Inc. and / or Homewood Foundation, Inc. unrestricted permission to use photographs, video recordings, my name and/or my company’s name for publication - includes electronic, broadcast, and physical format - in fund-raising and/or public relations efforts such as newsletters, brochures, newspaper articles, website, displays, films, etc. This unrestricted agreement includes materials provided by me or taken by or on behalf of Homewood Retirement Centers.
- Email Spam: Please give us your email address so we can save money on postage. We do not Spam!
- No More Mailings, Please! Sometimes giving priorities, employment and financial situations change, someone is sent mail that really is not interested in Homewood Retirement Centers or simply does not want our mail.
We understand and respect the right to privacy so we have made provision to opt-out of any mailings.
If your request is to be removed from future "by mail" communications, email us and give us your name, complete address and phone number. Why do we need a phone number? We will courteously verify your request over the phone to complete the opt-out process.
Pledge Form – Use this form to make a pledge to a capital campaign or RLEEF.
Letter of Intent – Use this form to inform Homewood Foundation that you are making Homewood a beneficiary in your will, trust, life insurance policy, or other.
IRA RMD Gift Letter – Use this form to have your IRA Required Minimum Distribution sent directly to the Homewood Foundation.
Estate Note – Use this form to make an irrevocable gift to the Homewood Foundation against your estate.
Electronic Transfer Instructions – Use these instructions to transfer securities from your account to Homewood Foundation’s account.
Beneficiary Designation Language Instruction – Use these instructions to designate Homewood as a beneficiary in your estate.