Many residents have chosen to make a bequest of a percentage of the fee as part of their estate.

With a new program instituted by Ingleside, you may now choose to use a percentage of your refundable entrance during your lifetime to fund a charitable gift annuity, and enjoy income and tax benefits all while providing an immediate charitable gift to the Foundation.

A bequest of a percentage of your refundable entrance fee could be right for you if:

  • You want to make a gift to Westminster Ingleside Foundation.
  • You want the flexibility to change your mind.
  • An immediate income charitable tax deduction for your gift is not important to you.

How it works

  • You make WIF a beneficiary in your will, or a designated beneficiary of your retirement plan, life insurance policy, or other asset.
  • WIF receives your gift when your estate is settled.

A gift with a percentage of your refundable entrance to create a charitable gift annuity could be right for you if:

  • You want to generate income from a currently non-performing asset.
  • You would like to make a gift to Westminster Ingleside Foundation.

How it works

  • You decide on a percentage of your refundable entrance fee that you would like to use to create a charitable gift annuity.
  • A contract is created between you and your community to release the present value of the cash amount you have chosen.
  • Using the released amount, you make a gift to Westminster Ingleside Foundation to issue a charitable gift annuity.