Philanthrophy

Ingleside at Rock Creek Silver Tea and Gala 

Social Accountability Report

The Westminster Ingleside Foundation represents more than 100 years of service and tradition. The Foundation exists to raise funds in support of the continuing care retirement communities Ingleside at Rock Creek, Westminster at Lake Ridge, and Ingleside at King Farm.

These funds serve the community directly, assisting residents whose personal resources can no longer cover the costs of care and services, as well as special projects and programs serving the broader needs of our communities.

Mission

• To raise charitable funds to help residents in need
• To enhance the quality of life for all residents
• To build an endowment for the future.

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 Ingleside communities.

Gifts of Cash, In Honor or Memory

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

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.

Planned Giving:

Bequests and Charitable Trusts

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.

Please see the Making A Gift Work For You, Planned Giving Calculator and Intent To Give Form links for help in planning a Bequest or Charitable Trust.

Charitable Gift Annuities (CGAs)

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.

Please see the Making A Gift Work For You and Planned Giving Calculator links for help in planning a Charitable Gift Annuity.

Gift of Entrance Fee Residuum (EFR)

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.

Please see the Making A Gift Work For You and Intent To Give Form links for help in planning a Gift of an Entrance Fee Residuum.

Life Insurance Policies

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:

Robert Lancelotta

Executive Director

Westminster Ingleside Foundation

5121 Broad Branch Road, NW

Washington, DC 20009

Tel: 202-596-3081

info@westminsteringleside.org

www.givetowif.org

Thank you in advance for your generosity to our communities!

Students who have been accepted to the program participate on a tuition-free basis, as the program is fully funded by the High School Home Health Education Foundation. Dr. Leahy is the president and founder of the foundation, which he started more than a decade ago in Prince George’s County.

To learn more about the programs please visit our websites:

Ingleside at King Farm Health Academy:

Click Here

Ingleside at Rock Creek Health Academy:

Click Here