Gifts to Impact Residents Today
Cash or Check
Checks can be made payable to Landis Homes and mailed to Advancement, Landis Homes, 1001 East Oregon Rd., Lititz, PA 17543. The Advancement Office is located in the Calvin G. & Janet C. High Learning & Wellness Center.
You may designate your gift by indicating a specific fund in the memo line. Gifts without fund designation will be treated as “unrestricted donations” in accordance with our gift acceptance policies and used for operations of the organization.
Online Gifts
Landis Homes uses a secure donation platform for online gifts. Your information is encrypted and stored securely via our payment software. If you have any questions about online giving, please call 717-509-5490.
Qualified Charitable Distribution (QCD)
As young as 70.5, you can make a qualified charitable distribution from your IRA (Individual Retirement Account) to Landis Homes. By age 73, you will be required to take an RMD (required minimum distribution) and directing a gift to Landis Homes can help you avoid paying income tax on your RMD.
Donating Assets or Real Estate
Appreciated stocks or mutual funds in a taxable investment portfolio present a significant opportunity to pay less tax and simplify your giving. You can also make a gift of real estate such as a home or property.
Gifts to Impact Residents in the Future
Charitable Gift Annuity (CGA)
A charitable gift annuity (CGA) is a unique gift that provides a lifetime of fixed annuity payments, tax benefits, and a gift to Landis Homes. Annuity rates vary by age and a $10,000 minimum is required. As of January 1, 2024, rates for CGAs have increased by approximately 0.4% depending on the age of the annuitant. (This is another increase from the previous rate change on January 1, 2023.)
One life gift annuity rates are now:
- age 65 rate 5.7%
- age 70 rate 6.3%
- age 75 rate 8.0%
- age 80 rate 8.1%
- age 85 rate 9.1%
Two life gift annuity rates are now:
- age 65-65 rate 5.0%
- age 70-70 rate 5.5%
- age 75-75 rate 6.2%
- age 80-80 rate 6.9%
- age 85-85 rate 8.1%
Rates as of January 1, 2024. Source https://www.acga-web.org/current-gift-annuity-rates
Funding a CGA with an IRA
One important and time-sensitive opportunity for people 70.5+ comes to us through the SECURE 2.0 Act of 2023, which gives donors the opportunity to use a one-time distribution of up to $54,000 in 2025 from an IRA to fund a CGA without a tax penalty. This distribution also counts towards an individual’s yearly required minimum distribution (RMD). Please contact the advancement office for additional information.
Naming Landis Homes as a Beneficiary
You can name Landis Homes as a beneficiary of your will, life insurance, or an IRA. This is an easy way to make a donation of any size.
Privacy Statement: Landis Homes never releases your private information, whether in hard copy, electronic or virtual form, to any outside agency. We value our privacy and we certainly value yours. Information collected is for internal and communication use only and will not be sold, distributed, or made publicly available.
It is important to us that we follow your wishes as to whether you as a donor consent to be publicly recognized in our newsletters/annual report/website or whether you wish to be an anonymous donor and not have your name printed. Please mark your contribution accordingly or give the Advancement Office a call at 717-509-5490.
All gifts to Landis Homes are voluntary and in no way are a requirement for employment, admission or continued stay as well as the invitation or continuation of a business relationship.
