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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

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