Gifts to Impact Residents and Clients Today
Checks
Checks can be made payable to Landis Communities and mailed to Advancement, Landis Communities, 1001 East Oregon Rd., Lititz, PA 17543. The Advancement Office is located in the Calvin G. & Janet C. High Learning & Wellness Center at Landis Homes.
You may designate your gift by indicating a specific fund in the memo line. Gifts without fund designation will be treated as “unresricted donations” in accordance with our gift acceptance policies.
Online Gifts
Landis Communities 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.
Gifts to Impact Residents and Clients in the Future
Naming Landis Communities as a Beneficiary
You can name Landis Communities as a beneficiary of your will, life insurance, or an IRA. This is an easy way to make a donation of any size.
Charitable Gift Annuities
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
age 70
age 75
age 80
age 85
rate 5.7%
rate 6.3%
rate 7.0%
rate 8.1%
rate 9.1%
Two life gift annuity rates are now:
age 65-65
age 70-70
age 75-75
age 80-80
age 85-85
rate 5.0%
rate 5.5%
rate 6.2%
rate 6.9%
rate 8.1%
Rates as of January 1, 2024. Source https://www.acga-web.org/gift-annuity-rates-upcoming
IRA Gifts
Recent legislation changes, referred to as the Secure Act 2.0, positively impact charitable giving. You can make a once-in-a-lifetime tax-free distribution from your IRA to support the mission of Landis Homes with the following restrictions:
- The maximum allowable distribution amount of $50,000 in 2023, although that is not limited to a single gift
- The income must be paid to the annuitant and/or their spouse
- Annuitants must be 70 ½ or older to take advantage of this opportunity
- All payments made to the recipients must be fully taxable (unlike traditional CGAs that include a tax-free portion)
- Payments must begin no later than one year from the date of funding, disqualifying deferred CGAs
RMD starting age is pushed back to age 73 for those turning 73 between 2023 and 2032.
*RMD starting age is pushed back to age 75 for those turning 73 in 2033 and future years.
Birth year
<1951
1951-1959*
1960+
Impact of SECURE Act 2.0
N/A
RMD age pushed back to 73
RMD age pushed back to 75
Privacy Statement: Landis Communities 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 Communities 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.
