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4<br />
For years, Bob Carmody, the Chairman<br />
of the Board here at Mercy Home, has<br />
had a special place in his heart for our<br />
family. Like many of you, Bob loves<br />
Mercy Home kids as if they were his<br />
own. He recently made an exciting<br />
decision—to offer a special incentive to inspire others to join him in<br />
our Archangel Society by including Mercy Home in their estate plans.<br />
Bob Carmody (right) and Adrian<br />
(left), a former Mercy Home youth<br />
Bob generously employed, are<br />
pictured here welcoming Father Scott<br />
to the company’s headquarters.<br />
Louise Borosak<br />
Philanthropic Advisor<br />
Mercy Home’s Philanthropy<br />
team can help you to change a<br />
child’s life while continuing to<br />
care for the needs of yourself<br />
and your family. <strong>The</strong>ir areas of<br />
expertise include:<br />
• Working with families to<br />
identify and achieve financial<br />
and giving goals.<br />
SPRING <strong>2022</strong><br />
You’ve already read about the Legacy Challenge on page 2 of<br />
this newsletter. Bob is one of the generous donors who made this<br />
initiative possible by offering up his own dollars as matching funds.<br />
That means if you name Mercy Home in your final plans this year,<br />
he and a group of dedicated friends will match up to 10% of your<br />
future gift with a donation to the Home in your honor today.<br />
“Naming Mercy Home in my trust didn’t cost me anything,” Bob<br />
says of his decision to become an Archangel many years ago. “It felt<br />
good knowing that doing so will take care of children in need long<br />
after I’m gone. Now, these kids are part of my legacy.”<br />
While Bob describes his commitment to Mercy Home as his true<br />
passion, his position as the owner and founder of Diana’s Bananas<br />
has been his life’s work. Founded in 1984, his family business began<br />
quite by accident at the Taste of Chicago street fair. <strong>The</strong>re, assisting<br />
his father-in-law’s candy company, Bob witnessed a serendipitous<br />
moment: an employee making the most of his accidentally frozen<br />
lunch by dipping a banana in the company’s high-grade chocolate.<br />
<strong>The</strong> creation was a surprise hit, and Bob rushed out to buy a cartful<br />
of bananas. By the time the fair was through days later, they had<br />
sold more than 25,000 frozen, chocolate-dipped bananas—and the<br />
next chapter of Bob’s life began.<br />
Nearly 40 years later, Diana’s Bananas are carried in grocery stores<br />
and retailers around the world. <strong>The</strong> business has hundreds of<br />
employees in the United States and Ecuador (where the bananas are<br />
sourced), and produces over 3 million frozen bananas each month!<br />
A number of Mercy Home youth have gone to work for Bob<br />
over the years, including Adrian (pictured with Fr. Scott and Bob<br />
Carmody above, at the Diana’s Bananas factory).<br />
Beth Lye<br />
Philanthropic Advisor<br />
Adrienne Walsh<br />
Philanthropic Advisor<br />
Phillip Zielinski<br />
Director of Philanthropy<br />
• Taking a personal and holistic<br />
approach, understanding<br />
that your plan is uniquely<br />
yours.<br />
• Reducing your tax burden<br />
through charitable giving.<br />
• Maximizing your impact on<br />
the people and charities<br />
closest to your heart.<br />
While we are commonly known<br />
as Mercy Home for Boys & Girls,<br />
our legal name is Mission of<br />
Our Lady of Mercy, Inc. and our<br />
Tax ID Number is 36-2171726.<br />
Do not hesitate to contact us at 1-800-378-8266<br />
or plannedgift@mercyhome.org with specific<br />
questions, or simply to start a conversation.<br />
What does it mean to inspire<br />
others to goodness? While<br />
caring for so many growing<br />
kids, this question feels<br />
particularly relevant to all of us<br />
at Mercy Home. Like so many<br />
families, ours strives to raise<br />
kind and loving children who<br />
embody the Christian message<br />
of loving others as ourselves.<br />
But when it comes to encouraging our young people<br />
toward compassion and selflessness, our words can<br />
only go so far. At some point, we find our actions do<br />
the speaking for us, which is why it’s such a blessing<br />
to have you on our side.<br />
How thankful I am that our children have kindhearted<br />
folks like you who humbly lead by example.<br />
How incredible that they have so many role models<br />
to show them what it means to be a loving human in<br />
this world.<br />
It’s in this spirit of selflessness and generosity that I<br />
introduce our spring edition of <strong>The</strong> <strong>Herald</strong>. In these<br />
pages, you will meet a remarkably generous man,<br />
Letter From Father Scott. ............................. 1<br />
Join the Legacy Challenge and Unlock<br />
FREE Money Today! ................................. 2<br />
“Your Love Changed My Life” . . . . . . . . . . . . . . . . . . . . . . . . 3<br />
Archangel Society. .................................. 4<br />
Bob Carmody, who—like you—holds a special place<br />
in his heart for our children. Along with a dedicated<br />
group of Mercy Home friends, Bob is helping to<br />
fund Mercy Home’s Legacy Challenge—a special<br />
opportunity to support our kids today and well into<br />
the future, without spending a dime. You can read<br />
more about this exciting initiative by turning the<br />
page. Lastly, we’ll introduce you to a former resident<br />
who used the care you made possible to build a<br />
future full of love and opportunity.<br />
Thank you for every ounce of support you share.<br />
Your friendship is a beacon of hope for our children.<br />
Blessings,<br />
Fr. Scott Donahue<br />
Recently retired from the business, Bob continues to stay busy<br />
leading the Board of Regents here at Mercy Home, and engaging<br />
in a number of other civic organizations. Our Mercy Home family<br />
is tremendously blessed to have found such a loyal Archangel<br />
in Bob. From his early days building up his fledging business, to<br />
his commitment to fund our Legacy Challenge match, Bob has<br />
proven to be as dedicated and open-hearted as he is enterprising.<br />
We are grateful beyond measure for Bob—and each of our<br />
Archangels—who bring miracles to the children in our care.<br />
For more information visit us at<br />
MercyHome.org/PlannedGiving<br />
1140 W. Jackson Blvd.<br />
Chicago, IL 60607<br />
1.800.378.8266<br />
This publication is prepared exclusively for the information of our<br />
friends and donors. Its purpose is to point out current tax<br />
developments which may be helpful in your tax and financial<br />
planning. This material is based on recent court decisions and<br />
current laws and regulations. You should, of course, consult your<br />
own legal, tax or financial planner as to the applicability of any<br />
item to your own situation.
Changed<br />
“YOUR LOVE<br />
My Life”<br />
2<br />
3<br />
Since kicking off at the beginning of <strong>2022</strong>, the Legacy<br />
Challenge has already inspired friends around the country to<br />
join in. <strong>The</strong>re’s Dolores in California, who says she doesn’t<br />
have much, but whatever is left after she’s gone will go to<br />
the kids at Mercy Home. She is updating her will to make<br />
sure her wishes are known. And Ken in Chicago, who has<br />
named Mercy Home in his revocable living trust. And of<br />
course, there’s Bob, who you can learn more about in the<br />
“Archangel Corner” section of this newsletter (page 4).<br />
You see, last year Bob Carmody joined forces with a handful<br />
of other dedicated friends of Mercy Home to pool their<br />
resources for a new project. <strong>The</strong> goal was to encourage<br />
as many people as possible to leave the children of Mercy<br />
Home in their final plans—with free money acting as<br />
the incentive!<br />
Join the Legacy Challenge and<br />
Unlock FREE MONEY Today!<br />
Name Mercy Home in your estate plans, and unlock matching funds for<br />
kids in need today—all without spending a dollar in your lifetime<br />
Here’s an example of the difference your commitment could make:<br />
Your Legacy Gift Commitment<br />
to Mercy Home<br />
A bequest of $10,000 in<br />
your will<br />
10% of the residual assets in your<br />
trust (current value = $100,000)<br />
100% of the assets in your IRA<br />
(current value = $350,000)<br />
Cost<br />
to You<br />
Nothing in<br />
your lifetime<br />
Nothing in<br />
your lifetime<br />
Nothing in<br />
your lifetime<br />
Benefit to Children Living<br />
at Mercy Home Today<br />
Thank you for keeping our kids in your heart, and Mercy Home in your will!<br />
We call this new initiative the Legacy Challenge, and it’s a<br />
remarkable opportunity for you to make a difference for our<br />
children today and tomorrow—without spending a dollar in<br />
this lifetime.<br />
If you’d like to join the Legacy Challenge (or if you’ve<br />
already remembered the children in your final plans), simply<br />
notify us of your commitment, and 10% of your gift’s current<br />
value will be “unlocked” and matched for the immediate<br />
benefit of our children today. But please act fast: this<br />
opportunity is only available until December 31 (or until the<br />
“free money” runs out)!<br />
We’re excited to help you build a lasting legacy through<br />
your support of the young people at Mercy Home. To join<br />
the <strong>2022</strong> Legacy Challenge or to learn more, please don’t<br />
hesitate to give us a call at 1-800-378-8266.<br />
Benefit to Children Living<br />
at Mercy Home in the Future<br />
$1,000 $10,000<br />
$10,000 $100,000<br />
$10,000 $350,000<br />
Here’s How the Legacy<br />
Challenge Works:<br />
1) Make a legacy gift.<br />
Name Mercy Home as a beneficiary in<br />
your will or trust, or on a financial account<br />
(such as a checking, savings, retirement, or<br />
brokerage account).<br />
2) Tell us about your commitment.<br />
Call 1-800-378-8266, or email plannedgift@<br />
mercyhome.org to let us know you’d like<br />
to join the Legacy Challenge.<br />
3) Unlock matching funds.<br />
When you confirm your legacy gift, 10% of<br />
the current value of your gift intention (up<br />
to $10,000) will be made available to help<br />
kids in need today.<br />
4) Choose your program.<br />
You can designate these matched funds<br />
to the program area of your choice: Boys<br />
Home, Girls Home, Community Care<br />
Programs, or wherever it’s needed most.<br />
To learn more, please visit our website at<br />
www.MercyHome.org/LegacyChallenge<br />
Or you’re always welcome to reach<br />
out at plannedgift@mercyhome.org<br />
or 1-800-378-8266 to discuss your<br />
individual situation.<br />
To look at Wayne now—<br />
a loving husband, proud<br />
father, Community Care<br />
scholar, and recent graduate<br />
of Morehouse College—<br />
Changed<br />
“YOUR LOVE<br />
My Life”<br />
you’d never guess he once<br />
struggled to stay in school,<br />
or even Mercy Home.<br />
After run-ins with gangs and law enforcement, Wayne found his<br />
way to Mercy Home. But by 14-years-old, well before he was ready,<br />
he made the rash decision to leave our care. But just because he<br />
was gone, didn’t mean he was forgotten. Daniel Nelson, director<br />
of our Community Care program—which offers ongoing support,<br />
encouragement, and resources to former residents—always kept<br />
tabs on Wayne.<br />
“Honestly, I shouldn’t have left Mercy Home. It was an impulsive<br />
decision and it led me to make choices that still affect me today,”<br />
Wayne remembers. “But even after I left, Daniel would call and stop<br />
by my house… and that’s what eventually led to me coming back to<br />
Mercy Home as a scholar.”<br />
After he walked out on Mercy Home all those years ago, Wayne<br />
fell into a deep depression, losing friends to gang violence and<br />
imprisonment. It was a period of his life he describes as “rock<br />
bottom.” And it wasn’t until he stumbled upon people doing<br />
Brazilian jiu-jitsu in a neighborhood gym that Wayne finally found a<br />
spark of hope again.<br />
“I walked in and knew that’s what I needed to do, because<br />
extracurricular activities always kept me out of trouble,” he said.<br />
He began training furiously, while also interning as a community<br />
organizer. It was during this time that Wayne summoned the<br />
courage to take a chance on himself and enroll in community<br />
college. Since those days, Wayne has gotten married, become a<br />
father, and graduated from a prestigious university. Now, he’s once<br />
again planning for his future.<br />
“A goal of mine is to establish a community program where I’m<br />
teaching martial arts skills, as well as life skills, to inner-city, at-risk<br />
youth,” he said. “In another year or two, I also plan on taking my<br />
LSAT and going to law school.”<br />
Wayne’s clear vision for his future is a reflection of the love and<br />
support of generous donors like you. Thanks to your commitment,<br />
Wayne has the guidance, encouragement, and resources he needs to<br />
keep dreaming and reaching for all the miracles that lie ahead.