Hometown Habitat News

The Power of Planned Giving: The Lucille A. Smith Fund

the power of giving 2022

 

In 2009, a gift of $179,000 was given to the Community Foundation of South Lake to establish an endowment that would benefit Habitat for Humanity of Lake-Sumter, Florida in perpetuity.  Over the past ten years, the fund has awarded $123,347 to Habitat to support the work we do in Lake and Sumter Counties. At the start of 2021, that fund had a value of over $196,000.

When an endowed fund is created, lasting community impact is ensured through a permanent charitable fund. Lucille’s gift is invested over time, and a percentage of the fund’s market value is used annually to make charitable grants to Habitat Lake-Sumter.

Lucille A. Smith may no longer be here, but her legacy lives on through her thoughtful and planned gift to ensure her most cherished charity would be supported. Lucille was born in Elizabethton, TN. In the 1950’s she moved to Clermont, FL to raise her family and where she enjoyed being a part of the First Baptist Church of Clermont, along with many clubs and activities.

Today, and forever, Habitat for Humanity of Lake-Sumter will benefit because Lucille cared enough about her community and had the vision to see the lasting impact of her gift. Anyone has the opportunity to make the same type of impactful gift.

We know that safe, decent, affordable housing provides a cornerstone for families to build healthier lives full of promise. Whether you would like to put your donation to work today or benefit families after your lifetime, a planned gift ensures that your legacy will continue in your community for generations to come.

There are many options to create lasting and meaningful change through Habitat Lake-Sumter, learn how you can build a legacy, now and in the future.

Interested in learning more about leaving a Legacy Gift, but not sure where to start?

  • Call or email Lacie Himes at (352) 483-0434 x 146, Lacie@HabitatLS.org to learn more about how to leave Habitat for Humanity of Lake-Sumter in your will, trust, or annuity plan.
  • Download Example Bequest Language (opens in a new window)
  • Copy and paste our full legal description below when planning a gift to benefit Habitat for Humanity of Lake-Sumter: 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