Make a gift – Make a difference
Philanthropy has been at the heart of Cornwall Manor’s mission since it’s very beginnings.
Cornwall Manor is a non-profit organization whose revenue comes from three sources – contributions, endowment fund income (which comes from contributions) and resident fees. Since our founding in 1949, Cornwall Manor has benefited from the generosity of individuals who support our community’s mission of providing the highest quality housing and services for seniors and benevolent care for residents with limited or depleted resources.
THANK YOU to all our generous donors for your meaningful support! We couldn’t do it without you!
Annual Giving
Online Giving
You may make a secure online gift through PayPal or if you prefer to make a gift via check, please send your check (payable to Cornwall Manor) to: Cornwall Manor Advancement Office, P. O. Box 125, Cornwall, PA 17016-0125.
You may designate your gift for Benevolent Care, the Endowment Fund for Benevolent Care, the 75th Anniversary, the Clubhouse at The Woods, Gateway Library Honor Book Program or the Employee Scholarship Fund.
You can also make your gift in honor of memory of someone. Click below to continue to a safe and secure online giving form.
75th Anniversary
In honor of Cornwall Manor’s 75-year milestone anniversary, we will raise funds in 2024 for special commemorative gifts to enhance our resident experience and better our community.
If you wish to make an anniversary gift, please check the “75th Anniversary” box on the Donate page.
Gifts will support:
• Innovative technology to include a fully integrated resident web-based portal system to inform, engage, and connect our community and a Code Red emergency notification system that allows organizations to deliver fast, targeted messages during a critical event or ongoing crisis situation.
• An outdoor recreation area including pickle-ball courts.
• A new shuttle bus dedicated to transportation to and from The Woods and Buckingham Campus,
uniting our community to make it easy for residents to use amenities at both locations.
Cash/Outright Gifts/GEMS
An outright gift can come in the form of cash or securities and can be used for:
- the Endowment Fund for Benevolent Care, whereby the principal of the gift is invested and the income is used to provide assistance for residents with limited resources
- for current benevolent support, where the gift is used for current needs
- for capital items such as facilities, trees, books or equipment.
Gifts can be made online, by calling 717-675-1511 or by mailing the gift to the Cornwall Manor Advancement Office.
You may also choose to become a “GEM” (Give Every Month Donor) and make a recurring monthly gift. Click this form to sign up to become a GEM.
Giving Tuesday
Cornwall Manor will be participating in Giving Tuesday on December 3, 2024. #Giving Tuesday is a global giving movement held on the first Tuesday after Black Friday and Cyber Monday. It was designed to have local impact and harnesses the collective power of partners to transform how people think about, talk about and participate in the giving season. It inspires people to take action to improve their communities and give to the charities and causes they believe in to help create a better world. Learn more about Giving Tuesday.
Gift Planning
Advancement News
What you need to know about the Legacy IRA Act!
Many donors have asked if they can fund a Charitable Gift Annuity with a distribution from their IRA. That is now possible with a one-time distribution to create life income plans!
Support Cornwall Manor through Donor Advised Funds (DAF)
A Donor Advised Fund (DAF) is a centralized vehicle for charitable giving that makes it easy for donors to dedicate funds to support their favorite nonprofit organization. It also provides an operationally convenient and tax-efficient method for donors to manage their charitable giving. Cornwall Manor is a sponsoring organization that is a 501(c)(3) public charity that sponsors a DAF program.
With a DAF, charitable-inclined individuals, families, and businesses make an irrevocable gift to a public charity that sponsors a donor-advised fund program, and may take an immediate tax deduction. Donors can then recommend grants over time to IRS-qualified 501(c)(3) public charities. DAFs also allow donors to approach their charitable giving thoughtfully by involving other family members or colleagues in their philanthropic decisions. Most DAFs accept donations of long-term appreciated securities and other assets, and donors can advise how the funds are invested, which could potentially allow tax-free growth, and could result in more money for your charity.
Tax Considerations
Consult your tax advisors and start early with tax planning to put yourself in the position to save as much as you can on your tax bill. Below you’ll find the information you need on a few important items, including:
- Higher standard deductions
- Exemptions from gift and estate tax
- Tax brackets for ordinary income as well as qualified dividends and long-term capital gains
Let’s take a more comprehensive look at all of these tax issues to help you create a better tax plan.
Qualified Charitable Distributions (QCDs) from your IRA
If you are 70 ½ years of age or older, you can make a tax-favored charitable gift to a nonprofit organization, like Cornwall Manor, from your traditional or Roth Individual Retirement Account (IRA) account.
Click here for more information on Qualified Charitable Distributions (QCDs) from your IRA and for a sample letter you can use to send to your IRA administrator to start the process.
Securities
Gifts of stocks or bonds not only benefit Cornwall Manor, but may reduce or eliminate capital gains tax for the donor(s). If the securities that you wish to gift have decreased in value below their original cost, it may be better to sell the security and give the proceeds from the sale as your gift. We encourage donors to talk with their financial advisors regarding the best way to give stock.
Bequests
Naming a charitable organization such as Cornwall Manor as a beneficiary in a will is probably the most common, and for some individuals, the easiest, way to provide a gift. You can designate a specific gift amount or percentage of the estate, and also indicate how you wish your gift to be used by Cornwall Manor. If you want your gift to be used for the Endowment Fund for Benevolent Care, it is necessary to specifically state that in your will. If you wish your gift to be used for another purpose for Cornwall Manor’s general purposes, the language can simply say “for Cornwall Manor.” Notifying Cornwall Manor of your bequest intention makes you eligible for our Legacy Circle. Members are thanked annually at a special event.
Charitable Gift Annuities
A charitable gift annuity is a gift vehicle whereby a donor transfers cash or securities to a charitable organization and in return receives fixed payments (depending on the donor’s age) as well as a charitable deduction for a portion of the initial gift. In the Cornwall Manor Charitable Gift Annuity program, the minimum gift amount is $10,000 and can be used to support Benevolent Care or the Endowment Fund.
Read more! Your IRA QCD can be used as a CGA!
Please contact the Advancement Office to discover how a charitable gift annuity can provide you with stable income for life and help you meet your charitable goals.
Payment rates are established by the American Council on Gift Annuities (ACGA), a national organization that provides suggested payout rates for charitable organizations such as Cornwall Manor. To learn more about current rates, please visit: https://www.acga-web.org/current-gift-annuity-rates
Choices for Giving
- Benevolent Care
- Endowment Fund for Benevolent Care
- 75th Anniversary
- Clubhouse at The Woods
- Honor Book Program
- Memorial or Tribute Gifts
- Ralph L. Weik Memorial Scholarship Fund
How can we help? Contact us!
For more information on giving to Cornwall Manor, please contact us at: 717-675-1511 or advancement@cornwallmanor.org.
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