2008 Annual Report - Greater Worcester Community Foundation
2008 Annual Report - Greater Worcester Community Foundation
2008 Annual Report - Greater Worcester Community Foundation
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Acorn Society Members<br />
John Adam Jr.*<br />
Anonymous (3)<br />
Isabel K. Arms<br />
Edward W. Bettke<br />
Mark P. Bilotta and Henry O. Ritter<br />
Brian L. and Betty G. Bjurling<br />
Maurice J. and Pamela K. Boisvert<br />
Cushing C. Bozenhard<br />
Douglas P. Butler<br />
Kenneth and Nancy Candito<br />
Jeanne Y. Curtis<br />
Elizabeth O. Dean<br />
James S. Demetry<br />
Francis H. Dewey III<br />
Henry B. and Jane K. Dewey<br />
Ross K. and Lisa F. Dik<br />
Richard and Carol Dymek<br />
Dina R. and Gerald (Lee) Gaudette III<br />
Dennis F. Gorman<br />
David R. and Rosalie A. Grenon<br />
Claire L. Halvey<br />
Richard E. Hedin<br />
Forrest A. and Shirley H. Jacobs<br />
Frances and M Howard Jacobson<br />
Patricia L. and Kenneth R. Jones<br />
David P. Leach and Audrey Klein-Leach<br />
Catherine H. and Peter H. Levine MD<br />
Margaret D. Lincoln<br />
Ann T. Lisi<br />
John W. Lund<br />
Barbara B. and Raymond E. Morin<br />
John M. Nelson<br />
Sarah D. Pettit<br />
Bonnie M. Prescott<br />
Gloria and John A. Rauth<br />
Susan and C. Reid Roberts MD<br />
Linda Carlson Romano<br />
Paul and Fay Rossley<br />
Sally S. Schenck<br />
Evelyn B. Silver<br />
David C. Steelman and<br />
Virginia Theo-Steelman<br />
Helen M. Stinson*<br />
Cynthia C. and Harrison G. Taylor Jr.<br />
Sumner B. Tilton Jr.<br />
Irving N. Wolfson MD<br />
David K. Woodbury<br />
Kimball R. and Elizabeth Woodbury<br />
New Members<br />
Robert S. Adler<br />
Dix F. and Sarah B. Davis<br />
Warner S. Fletcher<br />
Frederic H. Mulligan<br />
Scott and Lois Rossiter<br />
Alison D. and Laurence J. Specter<br />
*Deceased<br />
Bequest Giving: The Acorn Society<br />
A charitable gift annuity benefits donors and their cherished cause<br />
Sally and Ben Schenck enjoy their retirement in Seabrook Island, South Carolina. Yet<br />
they still have strong ties to <strong>Worcester</strong>, where they lived for 16 years and raised three children.<br />
One way that the Schencks sustain their ties to <strong>Worcester</strong> is through a charitable gift<br />
annuity. A popular form of planned giving available through the <strong>Foundation</strong>, it provides<br />
up to two beneficiaries with guaranteed fixed income for life as well as an upfront tax<br />
deduction. Upon the beneficiary’s death, the balance goes to the donor’s chosen cause.<br />
The Schencks will give their balance to an endowed fund at the <strong>Foundation</strong> dedicated<br />
to Youth Opportunities Upheld Inc. (YOU, Inc.), which provides preventive and<br />
rehabilitative programs to at-risk children and families. “YOU, Inc. does wonderful<br />
things for <strong>Worcester</strong> kids,” says Sally, formerly a program director and board chair at the<br />
organization. When the couple informed YOU, Inc. of their desire to make a six-figure<br />
planned gift, says Sally, “They sent us to the <strong>Foundation</strong>.”<br />
Ben and Sally find that a charitable gift annuity with the <strong>Foundation</strong> satisfies their<br />
financial and philanthropic goals. “We wouldn’t have been able to make a gift of this<br />
magnitude any other way,” says Sally. “We receive part of it back in an income stream at a<br />
time in our lives when we no longer have a salary coming in.<br />
“And doing this through the <strong>Foundation</strong> was important to us,” continues Sally. “We trust<br />
the <strong>Foundation</strong>, where our money is well administered and secure and grows over time<br />
to do even more for the community. Plus, the <strong>Foundation</strong> made it so simple: We gave our<br />
money and receive income from it. It couldn’t be much easier than that.”<br />
The Acorn Society recognizes donors who support the <strong>Foundation</strong> through bequests.<br />
<strong>Greater</strong><strong>Worcester</strong> <strong>Community</strong> <strong>Foundation</strong><br />
ACORN<br />
SOCIETY<br />
We wouldn’t have been able to make a gift of this magnitude any other way.<br />
Sally Schenck<br />
8 <strong>Greater</strong> <strong>Worcester</strong> <strong>Community</strong> <strong>Foundation</strong> 08 ANNUAL REPORT