Principal Preserved
The Living Legacy Fund enables us to turn each dollar into many dollars. Your contribution becomes principal that is not spent on projects, but rather is invested to create income; income generated by these investments to support the League and its many worthy projects.
Why the Living Legacy Endowment Fund?
There are many ways the Fund benefits you as a donor:
- Ease of Participation: Living Legacy provides League members, sustainers, Charlottesville-Albemarle Area residents and businesses a convenient way to contribute to the League year-round, whether or not they choose to participate in other JLC fundraising events.
- Donation Flexibility: The Fund offers a range of diverse donation options to satisfy the needs of contributors who wish to support the JLC and their community for their lifetimes and beyond.
- Tax Benefits & Savings: Living Legacy Endowment contributions are tax-deductible to the extent permitted by law. Please check with your tax consultant.
- Celebration & Acknowledgement: This endowment fund gives donors a means and opportunity to recognize what is important to them - family, friends, special occasions, events, and remembrances.
Making a Donation is Simple
The Living Legacy welcomes:
- Cash or check contributions
- Securities stocks & bonds
- Bequests, estates and wills
- Life income gifts through trusts
- Corporate matching funds
- Memorial funds
- Contributions which honor and celebrate a birthday, wedding, anniversary, graduation, the birth of a child, etc.
The League's Research and Development Committee, in conjunction with the Board of Directors, administers the Fund. This committee has established investment guidelines and makes final decisions on the actual investments. Annual reporting is generated with the assistance of independent accountants. Reports are available at the office of the Junior League of Charlottesville.
We know we all share in a commitment to long-term service to those in need in our community. We have made a real difference for many women, children and families and the Living Legacy Fundwill guarantee continued resources to those most in need.
Thank you for considering a donation that helps sustain the League and furthers service to our community.