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The Scholarship fund covers membership dues, costs for transportation to and from the Center, and program fees to individuals of limited resources in our area. This fund is accessible and hassle-free, so scholarships are awarded on an honor system basis. To qualify for funding, one only has to express a financial need. The Scholarship Fund plays a central role in ensuring that Center membership is available to everyone – and that strengthens our entire community. For more information on this important fund, please contact Sarah Althoff at 974-7756. The 1180 Society Named in honor of the home we built together at 1180 Pepsi Place, The 1180 Society is a circle of philanthropic leaders who have made outstanding personal commitments to the mission of the Senior Center. Through their leadership with an annual gift of $1,180 or more, members of the 1180 Society are a driving force behind our programs. For more information about this group, please contact our Executive Director, Peter Thompson, on his direct line at 974-4577 or stop by his office. Here is a story of two of our members of The 1180 Society.
Peggy and Ernie Boggs have been members of the
Senior Center for nearly twenty-five years. If they don’t know you
personally, chances are you know Peggy from the front desk or Ernie as the
Center’s resident Santa Claus. Frances Jean Robey Legacy Society
Robey Legacy Society charter member Ian MacLeod.
For more information on including the Senior Center in your estate plans, Click Here to visit our local Leave a Legacy site. Elizabeth A. Seabrook Endowment Fund The Seabrook Endowment Fund is managed at the Charlottesville Area Community Foundation (CACF). Your donation to the Seabrook Endowment Fund will live in perpetuity, with the interest earned from the fund being used to improve our programs. Your generous gift to the Seabrook Endowment Fund will create a permanent source of strength for your Senior Center. Our goal is to have distributions from the fund for sustained funding for current and innovative new programs to help meet our mission to involve, enrich, and empower seniors in our community. The "Elizabeth A. Seabrook Rose" shown below, is blooming in Liz’s memory in our own Senior Center Rose Garden.
Consider a Charitable Gift Annuity With interest rates on CDs at historically low levels, now is a good time to consider a Charitable Gift Annuity. A Charitable Gift Annuity is a contract under which the Senior Center agrees, in return for your gift of cash or marketable securities, to pay you a fixed payment for the rest of your life (or for a period of two lives). As a bonus, you’ll receive a charitable income tax deduction when you itemize on your tax return (subject to certain adjusted gross income limitations). The annuity rate is based on your age. The older you are, the higher the rate. Based on an age of 75, the annuity payout rate is 7.1%. That means, if you donate assets worth $10,000 to the Senior Center, the Center will pay you $710 each year for the rest of your life. Income taxes on your payments vary, depending on the type of contribution you make. If you contribute $10,000 in cash, each of your next 12.4 years’ payments of $710 will contain $428.35 of tax-free income (as opposed to CD income, which is all currently taxable as ordinary income). Finally, your Charitable Gift Annuity is part charitable gift and part purchase of an annuity. The gift portion of your transfer is deductible for income tax purposes. Based on the above example, your current income tax deduction would be $4,688.42. What a great way for a donor to:
So you see, it is actually possible to do well by doing
good!
Contact Peter Thompson,
, at 974-7756 or your
financial adviser for more information. Double Your Donation - Company’s Matching Gift. Did you know that hundreds of companies match employees—and
retirees—donations to qualified nonprofit organizations?
Senior Center,
Inc. qualifies for virtually all corporate matching gift programs, even
if you are retired. If your company is not listed here, follow this link for an easy search of companies which make matching gifts: Company Matching Gift Website. Simply contact your current or former employer to learn more about your corporate matching gift program, complete a very simple form, and send it to the Senior Center with your donation. For more information, contact Peter Thompson, , at 974-7756. To review the Senior Center's IRS form 990 with detailed and
independently audited financial information and to view the GuideStar.org website,
click HERE. Senior Center, Inc is recognized by the Virginia Better Business
Bureau
as meeting all 15 Standards for Local Charitable Solicitations. Meeting
these standards assures donors that their funds are being used
appropriately,
to meet our mission of enriching, empowering and involving seniors. Commonwealth of Virginia Campaign (CVC)Do you work for the Commonwealth of Virginia or have a friend who works for the Commonwealth? If you or your friends are interested in giving to the Center through this charitable campaign opportunity, please designate #3996. $1,658.00 in was designated to Senior Center, Inc. in 2007. More than 1,000 charities apply annually to participate in the Commonwealth's workplace giving campaign. More than 20,000 employees annually support their favorite charities through the CVC. The Commonwealth of Virginia Campaign (CVC) is the tool that facilitates State Employee giving. Since 1997, employees have raised over $25 million! In the 2005 campaign, more than 22,000 employees gave a record $4.4 million, including over $502,000 designated to the Hurricane Katrina Relief Fund. Employees may designate their gift to a specific charity (or multiple charities), to all the charities in their part of the state, or to all the charities in the campaign. With over 1300 charities, there are plenty of choices for employee giving. Designate #3996 on your pledge form. For more information, visit the CVC website . Charitable giving easier with IRA accounts Federal legislation is making it easier for
Americans to make charitable donations to nonprofits directly from their
Individual Retirement Accounts (IRAs). As part of the Pension Protection
Act passed in 2006, Americans age 70½ and above can now make tax-free
distributions from their IRAs to meet their philanthropic goals. In the
past, you would have had to take an IRA distribution, pay taxes on it,
then make a gift to charity. The maximum annual charitable contribution
from your IRA is $100,000 and there is no minimum amount.
The IRA regulation expires at the end of 2009. Such donations
cannot be made to a private foundation or donor advised fund, but must be
made to a public charity, such as the Senior Center. Wish list updated 7/27/2010Looking for ways to help support the Senior Center? Interested in buying/donating specific items that are needed? Then this opportunity is for you! The following items are needed to support the Center’s administration, grounds and programs.
For more information on any of these items, or to see if some generous donor has beat you to the punch, contact Sarah Althoff at 434.974.7756 or . Thank You – Thank You – Thank You!!
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The Robey Legacy Society recognizes individuals who have taken the
special steps necessary to remember the Senior Center in their will or
through another planned giving method. The society is named in
tribute to Frances Jean Robey, who left her entire estate to our Senior
Center in 1991. 
Ian
and Nella MacLeod shared much of their time and talent with the Senior
Center during their nearly eighteen years as members. Nella passed away a
year ago this month and Ian passed away just before Christmas. Married
nearly 70 years, this amazing couple was active with our travel program,
buildings and grounds, chess, tap dancing, Great Decisions and other
lecture programs, Yoga, and much more. 
The Elizabeth A. Seabrook Endowment Fund is named in honor of Liz
Seabrook who served as executive director from 1978-1997. Among her
many talents and successes was her vision of building our own facility,
which we opened in 1991 on Pepsi Place. Her passion for our mission was
the driving force to our large expansion and much of our success this
past generation.
You may make a gift to the Elizabeth A. Seabrook
Endowment Fund at any time by noting on your donation of cash or
securities to the Senior Center your intent for the donation to be to
the fund. All planned gifts, for example bequests or charitable trusts,
are allocated to the Seabrook Endowment Fund. Please contact our
executive director Peter Thompson at 974-7756 or
send an email to the , for more information about the Seabrook
Endowment Fund and the Frances Jean Robey Legacy Society, our society
of friends who have made planned gifts to the Senior Center.