The Best Way to Live Forever
There’s a way you can remain a permanent presence in our local community and ensure that your support for our mission lives on for generations to come: Give an endowed gift. An endowment gift to Habitat for Humanity of Lake-Sumter today provides a brighter picture for our future. When you make a donation to our endowment, you give a gift with both immediate and long-term benefits.
How Endowments Work
You give a gift to Habitat for Humanity of Lake-Sumter, which we carefully invest. You can give cash, securities or other assets to the endowment fund or give to the endowment after your lifetime by leaving Habitat of Lake-Sumter a gift in your will or using your retirement account or life insurance benefits.
Once we receive your gift, we will use a small portion of the earnings from the investment each year to support our mission or the particular program or project you’ve designated. The principal balance of your endowment fund will remain invested to ensure that it lasts forever.
Consider this example: Misty and John have been longtime, loyal supporters of Habitat of Lake-Sumter giving $1,000 every year. They want to make sure that we can continue to count on their regular support even after their lifetime, and decide the best way to do that is to endow their annual gift.
Misty and John make a $25,000 donation, which we invest, and each year, a portion of the income from the invested money will be used to support our mission. This one time, tax deductible gift will live on forever, providing access and opportunity to many future families, just as John and Misty intended.
Next Steps
- Seek the advice of your financial or legal advisor.
- Contact Danielle Stroud, Senior Director of Development to discuss endowed gifts.
- If you include Habitat for Humanity of Lake-Sumter in your plans, please use our legal description and federal tax ID:
Habitat for Humanity of Lake-Sumter Foundation, Inc., a non-profit corporation, organized under the laws of the State of Florida, with its principal office located at 906 Avenida Central, The Villages, FL 32159 – Federal Tax ID #: 47-2312472
Don’t Keep Your Generosity a Secret
Spread the word about Habitat for Humanity of Lake-Sumter and why our work is important to you by sharing your support on social media or in the community. Your example can encourage others to support our mission and increase the impact you can make in supporting our local Habitat families.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax adviser.
