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WAYS TO GIVE TO SUPPORT CEDARFIELD

Your generosity goes a long way when it comes to providing financial support for our various programs and funds.Your contribution to the Cedarfield community ensures we can assist our residents and Enrich Life’s Journey for them, as well as open doors for future nurses and Cedarfield team members by providing them with continuous education and scholarships.

Most notably, our Samaritan Program is very important. Through giving opportunities, you play a vital role in the continuation of providing financial assistance to residents who have outlived their monetary resources and, through no fault of their own, can no longer afford the full cost of their care. Through this program, you can help us ensure personal security and peace of mind for our most vulnerable residents.

We are proud to note that benevolent assistance has been given in Pinnacle Living communities since our founding in 1948. Current estimates of people over the age of 100 in this country are as high as 72,000, and the number is only expected to grow. Yet with ever-increasing longevity, more and more of us wonder if we will be able to financially support ourselves into our 80s, 90s, and even possibly our 100s. Financial reversals and unforeseen circumstances can be contributing factors for a resident who may need help from the Samaritan Program. 

In addition to giving to our Samaritan Program, there are eight other ways to give and help support funds that are equally as important to fulfilling our mission at Cedarfield. All gifts to the Samaritan Program or any of our funds are 100% tax-deductible.

To make a gift using a credit/debit card or bank draft, give online today!

Please make your check payable to Cedarfield, note which Giving Opportunity you are supporting, and mail to:

Cedarfield Philanthropy Office
ATTN: Allyson Zak

2300 Cedarfield Parkway
Richmond, VA 23233

Donating stocks, bonds, or other securities allows you to support Cedarfield while potentially receiving significant tax benefits. Making a tax-advantage gift by donating stock is quick and easy. The amount of the deduction is based on the stock’s fair market value on the date of the share’s transfer. The average of the high and low prices on that day determines fair market value.

In order to complete a donation of stock or securities, you will first need to contact your broker to transfer your shares to Charles Schwab & Company. You will need the following information to complete the transfer:

Name: Virginia United Methodist Homes DBA Pinnacle Living - Stock
DTC Clearing #: 0164, Code 40
Donation Account #: 2141-8429

When you have initiated the transfer, notify the Cedarfield Philanthropy Office at (804)-474-8858 or by email at givetocedarfield@pinnacleliving.org. Due to privacy concerns, Charles Schwab will not share your identity when notifying us about your stock donation. You must notify us directly so that we can send your tax receipt letter and confirm that the stock was transferred.

How does the Charitable IRA work?

  • If you are 70 and a half years or older, you can give up to $100,000 directly from your IRA to non-profit organizations such as Cedarfield.
  • The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your tax deductions.
  • If you have not taken your required minimum distribution for the year, your IRA charitable rollover gift can satisfy all or part of that requirement.

You can also make Cedarfield the beneficiary of your IRA.

For more information, contact Allyson Zak, Cedarfield Director of Philanthropy, at (804)-474-8858 or email:  givetocedarfield@pinnacleliving.org

If you work for or are retired from a company that offers corporate matching, you can double or even triple your gift to Cedarfield. Call your Human Resources Department to inquire. If your company matches gifts, sign and mail the matching gift form to:

Cedarfield Business Department
2300 Cedarfield Parkway
Richmond, VA 23233

Planned gifts can be in the form of cash, stock, insurance, or real estate. Planned gifts can benefit you, your spouse, your estate, or any combination of these. Learn more about planned giving and how it can help you achieve your philanthropic and personal goals.

There are many different ways to make your donation. Find which way works best for you!