Planned Giving
By including Clearbrook in your estate plans - through a bequest, trust, retirement account, or other assets - you can make a profound impact on the lives of those we serve for generations to come.
Your Gift Will Enrich Lives
Supporting Clearbrook with a financial donation enriches the lives of individuals with intellectual and developmental disabilities. It provides opportunities for them to reach their full potential and lead fulfilling lives. Sometimes a cash gift is not what is best for a donor. Clearbrook accepts gifts of life insurance, stock, bequests, and more.
These donations can be more complicated than a cash gift. Please consult a tax advisor, financial advisor, or legal professional to walk you through the best way to make a gift that fits your needs.
Giving Options
Do you have an IRA, 401(k), life-insurance policy, or any other assets not included in your will? If so, these are called non-probate assets and you must plan your beneficiaries for them separately. Use this online tool to make your plans and designate Clearbrook as a beneficiary of one or more of these assets.
Did you know that you can donate your stocks that have appreciated in value to Clearbrook and not pay capital gains tax? In addition, gifts of appreciated securities held for over a year are generally deductible at market value. For stocks that have depreciated in value, it may make more sense to cash out first, before making a donation. Talk with your broker or tax accountant to determine which option is best for you.
If you wish to donate stock, please email, mail or call us with the following information:
- Your first and last name, full address, phone number and email address
- The kind of stock you are donating
- The number of shares (or approximate number) you are donating
- The name and phone number of your broker
Please contact Andi Wojcik, Director of Development, for further instructions. She can be reached via email or phone at 847-385-5014
A letter of acknowledgment will be sent to you for tax-keeping purposes upon receipt of the cash proceeds from the sale of your stock.
To help you get started on your plans and legacy with Clearbrook, we’ve partnered with FreeWill, an online tool that guides you through the process of creating your will or trust. It’s easy to use, accessible online, and can be completed in 20 minutes. You can use this resource on its own, or use it to document your wishes before finalizing your plans with an attorney.
Have you already included a gift to Clearbrook in your will or trust? Please fill out this form to let us know! We would love to thank you for your generosity.
When you consider making gifts for charitable purposes, you probably think about giving cash, stocks, bonds, etc. But what about life insurance?
Clearbrook will accept gifts of life insurance where Clearbrook is named as both beneficiary and irrevocable owner of the insurance policy. The donor must agree to pay, before due, any future premium payments owing on the policy.
Always check with your advisors before you complete a gift of life insurance.