Supporting Future Services for People with Disabilities

 

The Kreider Services Foundation is planning for a future where individuals with developmental disabilities and their families can continue to receive quality care and assistance from Kreider Services.  In 2008, the Foundation launched a planned giving program designed to reach out to individuals and families who share a commitment to people with developmental disabilities. 

 

Estate gifts from individuals to the Kreider Services Foundation will generally be treated as endowment funds, remaining in perpetuity generating interest.  This interest will be used to ensure that Kreider Services can respond to future challenges and opportunities, and continue to provide quality services in the years to come.

 

You…us…together…for the future of Kreider Services

 

You don’t need to be wealthy to care about and support the future of Kreider Services through the Kreider Services Foundation.  Nor do you need a lot of money to take a planned approach to charitable giving.  While there are many giving options, bequests allow you to express your support of Kreider Services through your will or living trust.

 

You can name the Kreider Services Foundation as the direct beneficiary of a stated amount or a stated percentage of your estate.  You can also designate the Kreider Services Foundation to receive all, or a portion of, the remainder of the estate once all specific bequests have been satisfied.  You may even designate the Kreider Services Foundation as a contingent beneficiary in the event that family members or other beneficiaries do not survive you.

 

Here is sample language that can be used to provide a bequest:

 

“I give, devise, and bequeath [insert amount of gift, percentage of estate,

or residuary of estate here] to the Kreider Services Foundation,

 500 Anchor Road, PO Box 366, Dixon, Illinois, 61021.”

 

 

 

Other Ways to Give

 

Another simple but very effective way to make a charitable gift

through your estate plan is to name the Kreider Services Foundation

as a beneficiary in

·      retirement plans

·      life insurance policies

·      annuities

·      or trusts 

 

Beneficiary designation forms are available from the financial institution

that holds the asset. 

Society

Kreider Services        

 

 

 

The Kreider Services Tomorrow Society

 

The Kreider Services Tomorrow Society has been created to pay tribute to friends of Kreider Services who have included the Kreider Services Foundation in their will or other estate and financial planning.  In this way we honor the generous individuals whose foresight will make it possible for people with developmental disabilities to receive assistance they need far into the future.

 

Membership in the Kreider Services Tomorrow Society is open to anyone who notifies us that they have included the Kreider Services Foundation in their estate plan.

 

For more information about making a gift to the Kreider Services Foundation, for more information about the Kreider Services Tomorrow Society, or to let us know that you have remembered the Kreider Services Foundation in your estate plan…...

The Kreider Services Foundation

was established in November 1985 with a goal to develop private funds to ensure long term financial stability for services for people with developmental disabilities.  The Kreider Services Foundation is a 501 (c) (3) charitable organization that is supportive of Kreider Services, Inc. 

The Foundation has four major functions.

· Strategic planning for the long-term future of area

       services to people with developmental disabilities;

· Assuring that resources are available to fill funding

      gaps and assure long term funding;

· Providing loans for need capital improvements to                  

      Kreider Services and the Arc of Lee County;

· Managing assets in a prudent fiscal manner.

 

In recent years, the Foundation has provided loans to Kreider Services to support construction of group homes including Pine Meadow (Dixon) and Avenue B (Rock Falls).  The Foundation has provided financial support to the Early Intervention program for children birth to three years old, and for client transportation.  The Foundation also provided funds to assist in the development of the new accessible park adjacent to Kreider Services’ administrative office, and the purchase of an industrial building to be used for recycling and other ventures