RHF Annual - Retirement Housing Foundation

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16 The Gift That Gives Back Imagine making a gift to RHF and then opening the mail a few months later and finding a check from RHF made out to you. If you didn’t know better, you might call RHF and say, “Hey, what’s going on here? I gave RHF a donation a while ago and now you’re giving money back to me. That is a surprise!” You wouldn’t call RHF because you would have in your possession a signed agreement with RHF entitling you to a specific amount of money every year for the rest of your life. This agreement is called a charitable gift annuity and it is one of the most popular ways to support the future work of RHF. Here’s how it works. Mr. Johnson is 77 years old. After reviewing the information provided by RHF’s Director of Fund Development and consulting with his advisor, he writes a check for $25,000 and informs RHF that he wants a gift annuity with payments on a quarterly basis. According to the gift annuity rates recommended by the American Council on Gift Annuities, Mr. Johnson’s age entitles him to receive a quarterly check in the amount of $462.50. This represents an annual annuity rate of 7.4 percent. In addition to receiving regular fixed payments (partially taxfree), Mr. Johnson will also receive an income tax charitable deduction. How does RHF benefit from this arrangement? The $25,000 is invested in a special annuity fund, expecting not only to have enough to make the quarterly payments to Mr. Johnson, but also to have enough left over after Mr. Johnson is gone to benefit the mission of RHF or the residents of an RHF community. RHF has been issuing gift annuities for many years, as have thousands of other charities. It is a wonderful way to benefit those who support these charities, as well as set funds aside for future use. Gift annuities can be obtained for the donor, or by the donor for someone else. They can run for one-life or for two-lives. They can be funded for any amount over $1,000 with cash or marketable securities. Payments can begin soon after the gift is made, or years later. This is an excellent way to increase retirement income for anyone. Gift annuities offer other advantages besides those mentioned above. Would you like to learn more about RHF’s gift annuity program? Paula Jameson, our Director of Fund Development, can provide a tailor-made illustration showing you exactly how a gift annuity can work for you. Please reach Paula at 562-257-5141 or call toll-free at 877-937-4743 and leave a message for her to return your call, or you can also contact her through our web site at www.rhf.org. or email her at paula.jameson@rhf.org. The Advisory Commission Continues with A New Vision For Tomorrow. (from left) Caroline East, Vice Chairperson; Yuri Masuda, Secretary; Rev. Dr. Robert Potter, Chairperson; Alice Sexton; Shirley Ann Trnka; Bill Warrick; Dr. Dailey McPeak; Buni Rader; and Virginia Joseph. (not shown: Kiku Kawata, Mary King and Bob Kasbohm.) "If you haven't got any charity in your heart, you have the worst kind of heart trouble." -Bob Hope 16 A NEW VISION FOR TOMORROW
ANNUAL REPORT 2004 17 2004 Annual Meeting Major Donors We are grateful to the following businesses that contributed to the mission of RHF during our 43rd Annual Meeting in March 2004. Thank you to the following: PLATINUM $5,000 Bank of America • California Bank & Trust • Latham & Watkins Sullivan Curtis Monroe • Tim Reuben of Reuben & Novicoff GOLD $2,500 Comerica Bank-California • Harkins Builders, Inc. • Schochet Associates • Ziner, Kennedy & Lehan SILVER $1,000 Camden Builders • John L. Holcomb of Hill, Ward & Henderson Holcomb, Musemeche & Associates, Inc. • The Hermes Group • SC Anderson Suffolk Construction Co., Inc. • Web Service Company • Westec Construction-David Stern BRONZE $500 BNY Western Trust • CentiMark Corporation • DPR Construction, Inc. • Ice Miller-James Petersen Irwin.Pancake Architects • Harvey Oringher of Stephan, Oringher, Richman & Theodora Palmer, Kazanjian & Holden • Thompson Colburn, LLP • United Title Company • Valic Financial • Yokota & Associates FRIENDS (& other) Benrich Service Company • Compo Construction • Gillette Associates • Knobbe Martens Olsen & Bear • Shlemmer+Kamus+Algaze Thanks you!
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RHF Annual - Retirement Housing Foundation

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