Revised: June 2, 2018
What is the Legacy Trust Fund?
The Pennsylvania Elks Legacy Trust Fund was established to help support the Home Service Program. All funds collected stay in Pennsylvania to aid Pennsylvanians with developmental conditions. Only the interest from our principal investment is used to support the Home Service Program and the principal stays in the investment account.
A gift or bequest can be considered a perpetual gift, which is an annual gift that goes on giving forever.
LEGACY TRUST FUND COMMITTEE
Chairman: Laura L. Scotty
Oakmont Lodge No. 1668 (W)
1711 S. Canal St., Pittsburgh, PA 15215
Phone: (412) 784-8807
Vice Chairman: John Weber (Nicole)
Wilkins Lodge No. 577 (M-WC)
169 Kingsdale Rd., Pittsburgh, PA 15221
Phone: (412) 389-5760
Steve Walton (Brenda)
Ephrata Lodge No. 1933 (SE)
161 Irene Lane, Ephrata, PA 17522
Phone: (717) 989-2558
Margie Brouse (Kevin)
Ashland Lodge No. 384 (NE)
668 Elysburg Rd, Danville PA 17821
Phone: (570) 854-2436
Rebecca McCullough, (Mark)
Canonsburg Lodge No. 846 (SW)
684 Washington Rd., Prosperity, PA 15329
Phone: (724) 627-8589
Edward P. Lavalle, (Georgia)
Ridgeway Lodge No. 872 (NW E)
7720 Laurel Mill Rd, Ridgway PA 15853
Phone: (814) 335-2432
Leslie D. Owens
Erie Lodge #67 (NW W)
2611 W. 23rd. St., Erie, PA 16506
Phone: (814) 528-2155
Denison D. McElheny
West Shore Lodge 2257 (SC)
622 E. Marion St., Lancaster, PA 17602
Phone: (717) 940-2020
Bellefonte Lodge No. 1094 (NC)
151 Honeybee Lane, Centre Hall, PA 16628
Phone: (814) 359-2153
Legacy Trust Donation Methods
Cash gifts are probably the simplest and most Common method of supporting the Legacy Trust Fund. These gifts may be given by:
· An individual
· Past Exalted Rulers Associations
· Past District Deputies Associations
· Elks Auxiliaries
· Any other organization
20 FOR 5 PROGRAM
The “20 for 5 Program” provides an Elk the opportunity to give $20 each year for 5 years to make a total donation of $100. Use the form provided on the website.
THE IGIVE PROGRAM
The iGive Program provides a way for members who shop on the internet to give a portion of the cost of their purchases without any additional cost to the member. It’s easy to sign up at igive.com and get the iGive button on you site. Just choose Pennsylvania Elks Legacy Trust Fund as your charity to support.
HONOR OR MEMORIAL GIFTS
One special way to honor a family member, a friend or an Elk is to make a gift in honor of him or her. Memorial gifts can be given to remember those loved one no longer with us. A gift can be given in any amount. Certifications are available to be presented to a family member. Use the form provided on the website.
GIFTS OF PROPERTY OR STOCKS
Appreciated stocks are an excellent way to support the Legacy Trust Fund. You can gain maximum value and also avoid Capital Gains Tax.
Tax deductions vary according to how the gift is made.
Legal advice may be required regarding donation of real estate property. An appraisal of personal property is required.
GIFTS BY BEQUEST
Bequests frequently referred to as legacies, provide substantial Estate Tax benefits. This is an important way to support the Legacy Trust Fund. The bequest in a will can be expressed in terms of either a specific amount or a percentage of the residual. Bequests in any amount are acceptable from any source.
One of the goals of the Legacy Trust Fund is to have every Pennsylvania Elk include in his will, a bequest to the Legacy Trust Fund as a beneficiary. It should be remembered that this bequest costs the individual nothing and it provides a continuous donation to the Home Service Program.
Insurance policies that are no longer needed can be transferred to the Legacy Trust Fund to be named as irrevocable owner or beneficiary. The case surrender value provides an immediate tax deduction.
Ask the Lodge Legacy Trust Chairman for information about any of these programs.