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The Herald - Spring 2022

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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.

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