Make a Donation
We can match your philanthropic dreams with a cause close to your heart. You may want to leave a lasting legacy or be a hero to disenfranchised or disabled individuals who might need a home.
Your faith in action — whether directed to a specific program or the area of greatest need — has the power to comfort and make a real difference in someone’s life.
You can make a difference in the lives of foster youth, seniors, veterans, people with disabilities, church congregations, and the underserved.
Other Types of Gifts
Charitable Gift Annuity
A charitable gift annuity is a type of donation that benefits both the donor and CLH. Donors can leave a legacy to an organization that is close to their heart and supplement their own income.
In general terms, a charitable gift annuity allows a donor to make a generous gift to a nonprofit with cash, securities or other assets. The donor takes a partial tax deduction for their donation and receives a fixed income stream from the investment for the rest of their life.
When you give a charitable gift annuity, CLH invests it in a separate account. In return, you receive a fixed monthly or quarterly payout from the investment account for your entire life. The payout amount is based on your age at the time of the gift. At the end of your life, the remainder of the gift goes to CLH.
In addition to the income stream, a tax deduction at the time of the original gift may be available. The deduction is based on the estimated amount that will eventually go to CLH after all annuity payments are made. A portion of the payments you receive may also be tax-free for a period of time based on statistical life expectancy.
Wills, Trusts, Estate Planning
A gift to CLH in your will or revocable trust proclaims your confidence that we will continue to serve our mission and make a difference in the lives of future generations. A bequest:
- is easy to arrange.
- will not alter your current lifestyle in any way.
- can be easily modified to address your changing needs.
A residual bequest comes to us after your estate expenses and specific bequests are paid:
I give and devise to California Lutheran Homes and Community Services, located in Glendale, CA, all (or state a percentage) of the rest, residue and remainder of my estate, both real and personal, to be used for its general support (or for the support of a specific fund or program).
Naming CLH as a beneficiary of a specific amount from your estate is easy:
I give and devise to California Lutheran Homes and Community Services, located in Glendale, CA, the sum of $___________ to be used for its general support (or for the support of a specific fund or program).
You may name California Lutheran Homes and Community Services as a beneficiary of your IRA or other qualified retirement benefits. Donors should consult with their tax advisor regarding the tax benefits of such gifts.
Naming CLH as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh or profit-sharing pension plan will accomplish a charitable goal while realizing significant tax savings. It can be costly to pass such assets on to heirs because of heavy tax consequences. By naming CLH as a beneficiary of a retirement plan, the donor maintains complete control over the asset while living, but at the donor’s death the plan passes to support CLH free of both estate and income taxes.
Making a charitable gift from your retirement plan is easy and should not cost you any attorney fees. Simply request a change of beneficiary form from your plan administrator. When you are done, please return the form to your plan administrator and notify CLH. We can also assist you with the proper language for your beneficiary designation to CLH.
We’re happy to discuss any of these donations with you. For more information, contact President and CEO Deacon Nancy Ackerman at nackerman@clh.us.
