She Is Leaving a Legacy to Help Others
What Will Your Legacy Be?
For Sue Abraham, the decision to help others through The Salvation Army goes back to 1943. She fondly remembers the brass band performing in her small town of Hoisington, KS and the officers distributing food and gifts to those in need. Also, Sue was a 'bell-ringing' volunteer, at the Town & Country Supermarket. She recalls when the Salvation Army officer would bring a copy of the War Cry magazine and spend time visiting with her. Therefore, when it came time later for Sue to create her gift plans, it was natural for her to think of The Salvation Army and she ended up establishing a Charitable Gift Annuity. Sue said, "I like the way they help people, poor people."
She was very impressed when The Salvation Army responded immediately after a tornado hit her town in 2001. Her church offered The Salvation Army canteen a place to park and provided an electrical connection so disaster workers could perform their duties. Sue and other members of her community have very positive memories of this experience. In addition, she recalls the efficiency and low-key manner in which The Salvation Army responded to the Twin Towers disaster on 9/11.
Sue had spent many years caring for her father, and after he passed away, she moved back into her childhood home. Around this time she recalls earning 3% on her savings account at the local bank. Sue was advised by a Gift Planning representative of The Salvation Army that she could be receive increased income with a Charitable Gift Annuity, while her gift would provide for those in need after her death. Upon establishing her first gift annuity, she discovered the benefits of receiving guaranteed, fixed quarterly income payments for her life, and subsequently established three more gift annuities. Claiming the charitable deduction on her taxes, and part of the annuity income being tax-free, are additional benefits.
Perhaps, like Sue, you are looking to increase income. Consider a gift annuity. By making a gift to The Salvation Army, can receive guaranteed lifetime income, while also allowing The Salvation Army to invest in providing hope and help to others.