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When Socks Mean Security

JuliaWhen we met Julia, she was in a situation that put her at a high risk for experiencing abuse in many forms. We immediately welcomed her into our care and ensured her safety.

Because of Julia's situation, she came to us with nothing, so our staff took her to the supply closet to pick out pajamas, underwear and socks. Julia was shocked and excited that someone would offer her these items and not expect anything in return.

Before going to bed that night, Julia asked CEDARS staff multiple times when she would need to return the clothing. We told her each time she asked that they were hers to keep.

When friends like you make plans to give a gift through a will, fund a gift annuity or make plans for any other type of gift, we feel a bit like Julia. Happily surprised, then pleased, then warm and secure, appreciated and grateful—part of a caring family.

The next day, Julia confided in a CEDARS staff member that she had originally planned to run away as soon as she got to CEDARS. She had previously run away from other agencies that had offered help because she had a hard time trusting adults due to her past experiences.

The staff member asked her why she had decided to stay. Julia answered that the socks had changed her mind. She feels safe at CEDARS and believes the people here really care about her. Julia has become part of the CEDARS family. Thank you for making her part of yours through your support.

Making Them Feel Safe

The smallest acts of generosity can make children in need, like Julia, feel warm and secure. To learn how you can make a meaningful difference for all the children we serve at CEDARS, contact Kristine Morton at 402-434-5438 or kmorton@cedars-kids.org.

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A charitable bequest is one or two sentences in your will or living trust that leave to CEDARS Home for Children Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to CEDARS Home for Children Foundation, a nonprofit corporation currently located at 6601 Pioneers Blvd., Ste. 2 Lincoln, NE 68506 , or its successor thereto, ______________ [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to CEDARS Home for Children Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to CEDARS Home for Children Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to CEDARS Home for Children Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and CEDARS Home for Children Foundation where you agree to make a gift to CEDARS Home for Children Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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