Legacy Giving

Legacy Giving

Have you thought about what legacy you would like to leave the world?

At Clark, you can establish a permanent legacy that will positively impact many residents today and for years to come.

Many Clark supporters like to make a gift to an important cause that matters most to them. There are several effective ways to share your generosity today and in the future.

Take a look at the various options available to have you achieve your charitable goals.

Gifts in Your Will or Trust

This is a simple, effective way to make a future gift. A single sentence in these documents is all that is needed to complete your gift to the Clark Foundation. You can give a specific item, an amount of money, a gift contingent upon certain events, or a percentage of your estate.

Click the button below to either create or update a will, or download sample language.

Gifts That Pay You Income

You can give cash or other property, and receive steady income – from a charitable gift annuity or a charitable remainder trust – for the rest of your life (or a designated number of years). The remainder will benefit the Clark Foundation.

Benefits of Gifts That Pay You Income

  1. Win-win. Support the Clark Foundation while securing income payments for life or a designated number of years.
  2. Eliminate hassles. Give assets you no longer need or care to manage (such as rental property or vacation homes) to benefit the Clark Foundation.
  3. Tax-wise. Receive an immediate income tax deduction at the time of your gift and reduce capital gains tax when funding your gift with appreciated assets.

Interesting in receiving income for life, all while contributing a life-changing gift to Clark Foundation? Contact us at 616-278-6534 for details.

Gifts From Your IRA

If you are 70 1/2 or older, you can make a sizable gift to the Clark Foundation from your individual retirement account (IRAAND receive significant tax benefits in return.

Benefits of Giving from Your IRA

  1. Convenient. An easy way to give to your favorite charity.
  2. Tax-wise. Charitable Qualified Distributions made directly to charity are not treated as taxable income. Advantageous even if you don’t itemize deductions on your tax returns!
  3. Promises kept. Gifts from your IRA can be used to fulfill any charitable giving pledges previously made.
  4. Impactful. Gifts are tax-free to the charity. The entirety of your gift will go toward the Clark Foundation.

To give from your retirement plan, contact your plan administrator to start the process. Need a sample letter to send to your IRA administrator? Click the button below.

More Options to Give Back

There are many different ways to leave a lasting legacy at Clark. Whether your passion is in celebration of the excellent care our staff provided, or in honor of a family member who lived amazing years at Clark - we are humbled by the generosity of Clark supporters.

Other ways to give include:

  • Marketable securities
  • Bank and brokerage accounts
  • Life insurance
  • Real estate
  • Savings bonds
  • Donor Advised Funds
  • Entrance Fee Refund (for Clark Independent Living Residents)

Join the

Heritage Society

The Clark Foundation Heritage Society recognizes individuals who have notified us that the Clark Foundation is included in their estate plan as the beneficiary of a will, trust, life income gift, life insurance policy, retirement plan, or other legacy gifts.

Heritage Society members are recognized throughout the year with exclusive benefits:

  • Attending the Thanks For Giving Celebration each fall
  • Enjoying the newest bi-annual Heritage Society Newsletters
  • Being an Ambassador by wearing your Heritage Society pin at Clark events and in the community
  • Reading the seasonal Clark Foundation Newsletter
  • Attending other special Clark Foundation events
  • Receiving our deepest gratitude for your leadership and commitment to Clark

Your Clark

Legacy

2 - Photo of Ruth Kutsche, accompany Heritage Society Info

Have you already included the Clark Foundation in your estate plans but haven't notified us?

We're incredibly grateful for your commitment and passion for giving back to Clark. We'd be honored to learn of your giving intentions to Clark and recognize your gift. Click the button below to download and complete a Planned Giving Intention Form, and return to the Clark Foundation.

Contact Us

Call us at 616-278-6534 to learn more about any of these legacy giving options.

Note: The information on this website is not intended as legal or tax advice. Please consult your estate planning attorney or financial advisor when considering a gift.

Free and Private Planning Services

We partner with the Barnabas Foundation, who provides complementary and confidential planning services.

Organizational Information

The Clark Retirement Community Foundation is a 501(c)(3) nonprofit organization registered in the State of Michigan.

Our IRS tax identification number (also known as an EIN) is 38-3236052.