JourneyCare Foundation accepts endowed gifts to ensure that JourneyCare’s programs and services are available to all who seek them, both now and in the future. Gifts made toward an endowed fund can provide general funding for the agency where the need is greatest or can be designated to support a specific program, such as our pediatric hospice and palliative care program. If you are interested in discussing a donation to our endowment funds, please contact the Foundation at 224-770-2525.
A naming gift to JourneyCare Foundation provides a highly visible, timeless tribute to an individual or individuals whose lives deserve recognition and commemoration. A variety of opportunities are available for special dedication by individuals, families or businesses. Each dedication helps support JourneyCare’s future of being here to provide the exceptional care we offer to our patients and families for generations to come. Gifts may be made by a pledge and are payable over a number of years. We will work with you to develop a recognition opportunity that will be truly meaningful to you.
JourneyCare Foundation’s Legacy of Caring Society honors and remembers those who include JourneyCare Foundation in their future plans, whether through a specific bequest in their will, trust, charitable gift annuity, retirement plan or beneficiary of all or a portion of an insurance policy. The Legacy of Caring Society helps us keep our promise to provide the highest quality, innovative service to everyone who comes to us. Legal and/or financial counsel should be sought when making your plans.
Some common types of legacy gifts include:
A bequest is a simple instruction in your will to give a specific gift or a percentage of the estate to JourneyCare. Unless you choose to share your intentions, they will remain private as long as you are living. A bequest can be changed at any time and can be made anonymously.
Securities, stocks and bonds can have a designated beneficiary or can be given at any time for any purpose to support your charitable intentions. Assets owned for more than one year, such as stocks or real estate, may bypass capital gains taxes with their full value supporting your charity.
Charitable Remainder Trust
This type of trust is a special tax-exempt trust that can receive long-term appreciated assets such as stock or real estate and bypass the capital gains taxes.
Property that has appreciated in value and is subject to capital gains tax is an excellent asset to use for a charitable gift, either as an outright gift or to fund a charitable remainder trust. (Outright gifts of real estate are subject to the approval of the JourneyCare Foundation Board of Trustees.)
IRA and Other Retirement Assets
A gift from a tax-deferred retirement asset such as a 401(k) or a 403(b) can be made by designating JourneyCare Foundation as a beneficiary.
You may designate JourneyCare Foundation as a beneficiary in your life insurance policy for all or a portion of the proceeds.
For further information, contact Karen Long, Director of Funds, Memorials and Annual Giving, at 312-492-3080, or contact your personal financial advisor for details.