Help build a legacy of support & hope – by making a planned gift.
The programs and services provide by Mutual Ground are made possible by generous donations from committed and concerned people just like you. While government and foundation grants cover a portion of our budget, Mutual Ground relies on donations from individuals and corporations to keep the doors open. Your planned gift to Mutual Ground helps ensure that safety and services for will be there for victims of domestic violence and sexual assault while they are their journey to becoming survivors. Your financial adviser will be able to provide an overview of the numerous charitable giving vehicles appropriate for you and how they may benefit your family or loved ones.
Planned giving can be as simple as designating a gift through your will, gifting life insurance policies or securities, or designating Mutual Ground as a beneficiary on a retirement account. When establishing your will, we hope you will consider a bequest to Mutual Ground.
The Simplest Way to Support Mutual Ground After Your Lifetime
Include Mutual Ground in Your Will
Make a bequest. You can use this wording to share with your estate planning attorney to add to your will or living trust.
Mutual Ground Inc. 418 Oak Ave., Aurora IL 60506, Tax ID #36-2921680,
for its unrestricted use and purpose.
Give a Gift of Life Insurance.
Some of our supporters no longer need their life insurance that was purchased years ago to provide for children or other family members. If that is your situation, please consider donating the policy to Mutual Ground. You will be eligible to claim a charitable donation for approximately the policy’s cash surrender value and the proceeds are removed from your estate.
Ways to give a gift of life insurance include:
- Add a beneficiary: you can name Mutual Ground as a primary or joint beneficiary on a policy.
- Give a paid up policy: this a great option for policies that have outlived their intended purpose.
- Buy a new policy: You can make a significant gift by naming Us TOO as both the owner and beneficiary. The premium payments can be tax deductible.
- Give a single premium policy for maximum benefits.
Gifts of Securities
If you have owned stock for at least one year that has increased in value you can donate that stock to Mutual Ground without having to pay capital gains on the increase. Additionally, there is an income tax charitable deduction equal to the full current market value of the securities. In order to receive the most favorable tax treatment, you must donate the securities to Mutual Ground directly; you cannot sell the stock and donate the proceeds.
Retirement Plan Assets
With the increase in the variety of retirement plan assets that people own, it is important to make sure that the money invested in these accounts goes to the people or organizations that you designate. Retirement plans such as IRA’s, pension plans, Keogh and 401 (K) accounts should have clearly designated beneficiaries. Proper planning and naming Mutual Ground as one of your account beneficiaries can reduce tax burdens on retirement assets.
Become a Member of Mutual Ground’s “Legacy of Hope”
When you include Mutual Ground in your will or estate plans, you are entitled to join our recognition society. In a very real sense, members of the society can be considered as a group of investors, people who have, through their estate plans, invested in Mutual Ground’s future as well as the future of victims of domestic violence and sexual assault in years to come. Help us better plan for the future of Mutual Ground and these families by informing us of your generosity and becoming a member of the society. To join, simply contact our office (630-897-0084) and let us know you have arranged for an estate gift to Mutual Ground.
Mutual Ground strongly encourages our supporters to consult with your legal and financial advisors when considering a planned gift to ensure the selection of the best gift option for you and your family