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Keep on Dancing, Rose!

Rose Gripp

Rose Gripp (left) and Kristine Morton

Rose Gripp is a member of the Red Hat Society, The Women’s Connection and even belly dances to stay in shape. There is a happy twinkle in her eye when she talks about someone or something she loves. Rose is never at a loss for words and she laughs—a lot! Her good humor and laughter are quite contagious.

You wouldn’t guess it, but Rose has not always had it so easy. But she believes in focusing on the good in the world and in doing her part to make the world a better place. “Right now is the best time in my life,” Rose says. “I am blessed to have wonderful people who care about me.”

As a young woman, Rose got a job at the Sylvania factory making picture tubes. For the first time in her life, she was earning her own paycheck. Right away, Rose decided to dedicate a portion of that paycheck to helping children through various charities, including CEDARS Home for Children Foundation.

In the early years, Rose recalls being greatly moved by the story of a little girl who had come to CEDARS scared and alone. The little girl later became a nurse and then dedicated her own life to caring for others. A happy, healthy and safe childhood produces a happy, healthy adult, according to Rose.

“I didn’t ever have much to give, but I could give a little bit each month to help out,” says Rose. “Children are our future and they need to feel loved to be happy.”

As the years passed, Rose’s commitment to CEDARS and to making the world a better place for children grew. Recently, Rose met with Kristine Morton, CEDARS Director of Gift Planning, and stated her intention to give a gift through her will to benefit the children at CEDARS someday. In doing so, she became a member of CEDARS Circle of Life Legacy Society.

For Rose, it is gratifying to hear about the children and youth that she helps with her donations. It makes her heart happy to hear how they overcome challenges and beat the odds. She is thankful that CEDARS works to prevent child abuse and is proud that she can be a part of an organization that cares so deeply about helping children learn and grow.

Nearly 40 years from the time she made that very first donation, Rose continues to give. “We were put here on this earth to help one another,” says Rose. “It’s important that everyone try to have a positive attitude, be content and happy with what we have and always, always trust in the Lord.”

We say keep dancing, Rose! Keep loving and laughing and living life to the fullest. You are a shining example for all of us.

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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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