Leave a Lasting Legacy
A legacy gift is a planned future donation designated as part of an individual’s estate to a charity they hold close to their heart.
For decades, John and Helen Apostle supported the Children’s Foundation of America’s mission to help children heal, learn and thrive. They provided Christmas parties for foster children and when John passed away, Helen established a memorial scholarship fund in his name.
Having no children of their own and living frugally, it was their desire to leave their estate in a charitable foundation to benefit the community, needy children and the elderly. After Helen passed away in 2017, the John Apostle and Helen Apostle Foundation granted the continuation of funds to the Children’s Foundation of America scholarship renamed in both John and Helen’s memory. With their generous legacy gift, we were also able to complete a transitional living house for former foster youth and named the building after this incredible couple. Legacy gifts enable donors to create a powerful and lasting philanthropic legacy.
What is a Planned Gift?
Just as you plan for your family’s current and future needs, the Children’s Foundation of America also plans for the needs of foster children we currently serve, as well as those we will help in the future. Through a series of articles, we would like to introduce you to Planned Giving and the benefits to you and to the Foundation.
Planned Giving are gifts (or donations) that are planned by the donor now and will benefit the Children’s Foundation of America at a later date. They include trusts, legacy gifts and life insurance.
We are partnering with New York Life to educate our supporters on the benefits of life insurance as a Planned Gift. Agent Lorena Garcia, in conjunction with New York Life, has prepared an article that will introduce you to the benefits of life insurance as a donation option. We encourage you to contact her with any questions or reach out to your own agent or lawyer to discusses the process. We thank you for your lasting support and considering children in need for years to come.
For donation information or to contact the Children’s Foundation of America, reach out to:
Community Outreach Coordinator
Children’s Foundation of America
PO Box 1210
Claremont, CA 91711
Compassionate Giving with the Help of New York Life
We live in a world that focuses on passing material provision, but passing on values is just as vital. They are all part of the legacy you will leave for future generations. Imagine how the world might be different generations from now if we continued to walk in honoring values. We believe generosity and philanthropy are the foundations for enduring legacies.
Your Gift of Life Insurance May Be Maximized
- Turn a modest gift in premiums into a significant endowment
Your Legacy Lives On after Your Passing
- You get tremendous satisfaction helping worthwhile causes
- Life insurance can provide much for the charity:
- Create a scholarship fund for children in need
- Continue programs which depend on your bequest for support
Your personal assets may remain intact and the charity receives your gift promptly upon your passing. Premium payments may be income tax deductible. Your designated charity also receives your gift of life insurance death benefit generally federal income tax free.
It is simple to arrange, a New York Life Agent can help and show you several ways to give the gift of life insurance.
- You will know that your gift will be honored, as long as the premiums are paid
Your Life Insurance Gift Is Backed By New York Life
- Since 1845 New York Life has served the needs of individuals, families, businesses and charities
- As one of the nation’s top insurance and financial institutions, New York Life has always honored its commitment to policy owners
Neither New York Life Insurance Company nor its Agents provide tax, accounting or legal advice. You must consult your tax or legal advisors regarding your particular situation.
For more information please contact:
CA Insurance License #4005196
Covina Valley General Office
New York Life Insurance Company
140 Via Verde Suite 200
San Dimas Ca, 91773