Planned Gifts and Deferred Giving

Wills - Individuals can provide for the special people in their lives and for the Spring Grove Heritage Foundation and other philanthropic interests with bequests made through wills. Bequests in wills can take various forms:

A general bequest in which the Spring Grove Heritage Foundation is designated to receive a specific dollar amount;
A specific bequest leaves specific property to the Spring Grove Heritage Foundation;
A percentage bequest is expressed as a percentage of an estate rather than a specific amount. If over the years, changes occur in the size of the estate, the bequest will change in the same proportion;
A residuary bequest gives to the Spring Grove Heritage Foundation all or a portion of an estate after all debts, taxes, expenses, and other bequests have been paid.

Life Insurance - A second and important but often overlooked means of making a planned gift is Life Insurance. A donor can name the Spring Grove Heritage Foundation as the primary beneficiary of a life insurance policy. The donor retains ownership of the policy and has access to the policy's cash value. Even though the value of the policy will be includible in the donor's estate, no federal estate-tax liability will result from this because of the charitable donotion.

Retirement Accounts - A third and relatively new way of making a planned gift is for the donor to designate the Spring Grove Heritage Foundation as the recipient of a personal IRA account or other retirement account.

Deferred Gift - A donor may also make a deferred gift to the Spring Grove Heritage Foundation by creating a charitable remainder trust. In establishing such a trust, the donor reserves the right to receive an annuity or other payment during the donor's life and the trust assets pass to the Spring Grove Heritage Foundation at the time of the donor's death. The individual creating the charitable remainder trust receives an income tax deduction when the trust is established. The charitable remainder trust can be particularly useful for gifts of appreciated securities.

Individuals choosing to name the Foundation in their estate planning or in deferred giving documents should take care to identify the Foundation properly as Spring Grove Heritage Foundation.

Obituaries

Ronald Lee "Skin" Boland, 75
Born: Tuesday, August 05, 1941
Died: Wednesday, March 22, 2017

Charlotte Seiter, 85
Born: Tuesday, September 01, 1931
Died: Tuesday, March 21, 2017

Mary Lola Wells, 108
Born: Saturday, January 09, 1909
Died: Tuesday, March 21, 2017

Lee Jones, 100
Born: Saturday, November 25, 1916
Died: Monday, March 20, 2017

Brenda Kay (Jones) Smart, 55
Born: Thursday, May 25, 1961
Died: Saturday, March 18, 2017

Upcoming Events

Mar 28Grief to Peace / Tri County
Apr 02Matt's 5K Pursuit
Apr 03Findlay Market Opening Day Parade
Apr 04Spring Grove Grounds Job Fair
Apr 09Caracole 5K
Apr 16Easter Sunrise Service / Spring Grove
Apr 16Easter Sunrise Service / Oak Hill
Apr 18Grief to Peace / Spring Grove
Apr 20 - Apr 20Twilight Tour / April
Apr 23History In Bloom