Click on Topics below for more Information

Leave a Legacy
 Seabrook Endowment Fund
Frances Jean Robey Legacy Society Charitable Gift Annuity
Did You Know ? The 1180 Society
Company's Matching Gift

Wish list updated 08/27/2008

Looking for ways to help support the Senior Center? Interested in buying 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.

  • $250 to produce a Senior Center segment on Inside Nonprofits with Andrea Copeland a new show on Public Access Television. With a minimum airing of three shows per week for two weeks, Inside Nonprofits will potentially reach 65,000 viewers.
  • Paper (8 ½" x 11" standard white copy paper; 8 ½" x 11" colored copier paper).
  • Washington Post (for DeLawter Room use; 12 weeks for $78.00; 24 weeks for $156.00; 52 weeks for $338.00)

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!!


Frances Jean Robey Legacy Society

Frances Jean Robey 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.

Jean Robey’s legacy was paramount in building our current facility that we have enjoyed since 1991. She was neither a woman of great wealth nor was she a Center member. She simply valued what the Senior Center did for thousands of her friends and neighbors in our community.

If you are interested in discussing such a planned gift to the Senior Center, please contact our executive director Peter Thompson or your financial advisor. Members have left bequests or named the Senior Center as a beneficiary of charitable trusts, life insurance or pension plans, and through charitable gift annuities. All planned gifts are placed in the Elizabeth A. Seabrook Endowment Fund to ensure the long-term success of our Senior Center. There is no minimum amount required for membership in the Robey Legacy Society and your membership may remain anonymous if you choose.

Robey Legacy Society charter member Tom Wingfield enjoys the annual reception.

Tom WingfieldThe Frances Jean Robey Legacy Society had its annual reception in June, recognizing 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. She would have been 85 this past June 21st.

This year’s event was hosted and underwritten by our friends at The Colonnades. Robey Society members enjoyed good company, great food from Colonnades Chef Skip, and remarks from Colonnades and Center representatives, including inspiring remarks by Center member Phyllis Jackson about the importance of our work for her and thousands of others.

 

Leave a Legacy:

For more information on including the Senior Center in your estate plans, Click Here to visit our local Leave a Legacy site.

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:

  • receive a good, tax-favored return in this low interest rate environment,
  • receive a current income tax deduction,
  • reduce the size of his or her adjusted gross estate for federal estate tax purposes, and
  • make a meaningful contribution that will benefit the Senior Center.

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.

Did You Know?

  • 81% of every dollar donated to the Senior Center goes directly towards providing programs for seniors in our community? (The national standard for nonprofits is just 60%.)
  • The Virginia Better Business Bureau Charities Division recognized the Senior Center as just the third charity in Charlottesville to meet all 15 of their standards of excellence in efficiency, governance, financial control systems, and programs.
  • Our Senior Center is one of fewer than 100 senior centers in America to achieve National Accreditation…and the only one in Virginia! The National Institute of Senior Centers coordinates the work of 15,000 senior centers nationwide.
  • The MacArthur Foundation Studies on Aging found these key ingredients for seniors to maintain their independence:
    • Remain physically fit
    • Remain mentally fit
    • Continue to develop friendships
    • Continue to be productive and involved

Your Senior Center is your "one stop shop" to mix these key ingredients and keep your independence!
  • Robinson, Farmer, Cox, our independent auditor, praised our financial management as legal and ethical, efficient and effective.
  • With just 7 full-time and 2 part-time employees, our staff is smaller than any time since we opened on Pepsi Place in 1991. We can do this and meet our mission because of our dedicated volunteers.

Double Your Donation With Your 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.

Here is a small sampling of companies that have matching gift programs:

Aetna
Allstate
American Express
AT&T
Bank of America
ConAgra
Corning
General Electric
IBM
Johnson and Johnson
LexisNexis
Lucent
McGraw-Hill
Pfizer
Sprint
State Farm
SunTrust
Wachovia

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.

To Senior Center Home Page

Senior Center, Inc. assumes no responsibility for the information which is linked to its website.
“The Next Chapter” is a trademark of Civic Ventures and is used with permission.
For questions about the Senior Center:
For comments & suggestions about this page:
Count:     06010 hits since July 09 2003
Last Modified:  August 27, 2008 at 15:11
Senior Center, Inc.
1180 Pepsi Place
Charlottesville, Virginia 22901
Phone: (434) 974-7756
FAX: (434) 974-7510