Doing Good for Our Community.
Established in 1997, the Eastmont Towers Foundation sustains the promise of lifetime financial stability and enrichment as well as upholds Eastmont’s value of service to others. As a resident of an Eastmont community, you can rest assured that we will partner with you to help ensure that we are protecting your residency and your future.
The Eastmont Towers Foundation seeks, receives and administers philanthropic support for the need of the Eastmont Towers community and the benevolent programs undertaken by Eastmont's residents and staff.
Pillars of Support
- Life Care residents who find themselves in financial need can continue to live at an Eastmont community while maintaining their well-being,
- The Monarch will provide benevolent hospice care to community members in need as resources allow.
- Operational grants can be leveraged for specific improvements that enhance the quality of life for residents at an Eastmont community.
- Support for our Eastmont employees who personify the Eastmont Way through tuition reimbursement and emergency assistance fund.
Board Officers and Directors
- Greg Sullivan– President
- Jill Jensen – Vice President
- Jim Essay – Treasurer
- Jeff Ahl – Secretary
- Mary Jane Nielsen
- Dean Schneider
- Dick Herr
- Doug Koenig
- Kris Rosenow
Governed by a dedicated board of community members, the Foundation's assets are professionally managed so that we will always be ready to meet the needs of our growing Eastmont Living community.Close
The 2017 Eastmont Towers Foundation Golf Classic Tournament is scheduled for Friday, September 29th, 2017 at Wilderness Ridge Golf Course in Lincoln, 1800 Wilderness Woods Place. During the tournament participants will have the opportunity to participate in our raffle which awards over 200 prizes, putting contest for your chance to win a free putter, Hole in One contest for your chance at a new car and a Grip It and Rip It competition! Plan to stick around for the banquet when we award all these prizes as well as our silent auction and live auction.
Funds raised through the Golf Classic are used to provide assisted, skilled or hospice care to seniors whose assets have been exhausted.
You don’t have to be a Monopoly expert to attend this Monopoly Tournament! The Eastmont Towers Foundation Monopoly Tournament and silent auction is held in the spring each year with funds raised supporting The Monarch Benevolent Care Fund. This fund assists those seeking end-of-life care at The Monarch whose finances have been exhausted. To inquire about the 2018 event, please contact Melinda Stone at MelindaS@EastmontTowers.com.Close
There are many ways that friends of Eastmont may choose to make a gift. The Eastmont Towers Foundation is a 501(c)3 not for profit corporation guided by a volunteer Board of Directors. The Foundation accepts both restricted and unrestricted donations. Unrestricted gifts to the Foundation are used as deemed appropriate by the Foundation Board of Directors. All gifts to the Eastmont Towers Foundation are tax deductible as allowed by law. The information below is provided for educational purposes only. Personal advisors should be consulted in the planning process.
CASH, CHECK OR ONLINE GIFT
The most common way to make an immediate gift is by giving cash or writing a check. This type of cash gift provides immediate liquidity and flexibility for the Eastmont Towers Foundation and generates a charitable income tax deduction for a donor in the year of the gift.
STOCKS OR BONDS
This option may provide greater tax benefits. If you have owned securities for more than one year and the fair market value has increased since you purchased them, you can avoid capital gains tax and receive a charitable income tax deduction equal to the fair market value.
A gift of real estate that has been held for more than a year also has the advantage of providing you with a charitable deduction based on the current fair market value, as well as bypassing capital gains tax on the appreciation.
"Planned Giving" (also called Deferred Gifts) refers to gifts that, in most cases, benefit Eastmont Towers Foundation at some point in the future, while offering immediate benefits to the donor.
Bequests can be made in your will or trust – directing a gift to the Foundation allows you to leave a lasting legacy to the place you call home.
Next to writing a check, perhaps the best-known vehicle for philanthropy is the bequest. A bequest makes it possible for you to make your wishes known today without relinquishing needed assets during your lifetime. Bequests can transfer a specific asset entirely or a percent of the estate after costs and taxes.
Gifts that Generate Income for You
The benefits of planned giving compound when you utilize one of the options below that generate income as well as provide a number of other benefits.
CHARITABLE GIFT ANNUITY
Make a gift to the Foundation and we assure you will receive a fixed income for life at a rate based on your age. A Charitable Gift Annuity is an example of how a gift generates income for the donor. In addition to the annuity payment, the donor receives a charitable income tax deduction and a portion of each annuity payment may be tax-free.
DEFERRED PAYMENT GIFT ANNUITY
Annuity payments are delayed for a number of years and offers rates that make it an attractive supplement to retirement income.
CHARITABLE REMAINDER TRUST (CRT)
CRTs are perhaps the most versatile charitable giving tool. With the CRT it is possible to bypass capital gains tax on the sale of highly appreciated assets, generate an increase in income, receive an attractive charitable income tax deduction and fulfill your philanthropic objectives.
Life insurance has many unique attributes that may enhance nearly any comprehensive charitable gift plan.Close
How the Foundation Office Can Serve You
The Foundation Office is here to assist you with your unique financial, estate and gift planning needs. We invite you to meet with us, without obligation, to discuss how we may help.
If you have questions or need additional information, please contact Melinda Stone, Development Director, at (402) 486-2432 or MelindaS@EastmontTowers.com. We look forward to talking with you!