Planned Giving

For those who wish to providing ongoing support to the Marshall Steam Museum and Friends of Auburn Heights (FAH), there are a variety of options that can be tailored to suit your particular needs and financial situation.

BEQUESTS

Whether or not we write our memoirs, in the end we are all remembered for our acts — for the lives we touch and by the causes we advance. In that respect, perhaps the most important thing that we can do to create a lasting legacy in our community would be to include the following provision in our Last Will and Testament:

“I give and bequeath the sum of $___________ [or state a percentage of the residual estate] to the Friends of Auburn Heights endowment fund.”

This simple language is all it takes to create a perpetual gift that will help to carry on FAH’s mission forever. The word “endowment” means simply that the gift initially contributed will be held by Haverford Trust and invested for the benefit of FAH. The earnings from these investments will be contributed to FAH every year and then used by FAH to fulfill its mission.

Although endowments can be created anonymously, endowments customarily bear the name of their creator. This practice both properly memorializes those who made the gifts from the endowment possible and inspires others to emulate their example.

To learn more about making a charitable bequest for the Friends of Auburn Heights, please contact the FAH office by calling (302) 239-2385 or email admin@auburnheights.org.

WHY AN ENDOWMENT FUND?

The future is hard to predict, but one thing we do know is that we will need resources to fuel our mission in years to come. That’s why we’ve established the Friends of Auburn Heights endowment fund at Haverford Trust. The fund is professionally invested for the long term. Each year, 3.5% of the average fund balance may be distributed to us to support our ongoing needs.

You can play a part. There are a variety of ways to give that provide you with maximum tax and financial benefits. They include:

• A gift made in your will or trust;
• A gift that pays you income for life;
• A gift of life insurance or retirement plan assets.

We hope you will play a part in our future. To learn more, please contact the FAH office by calling (302) 239-2385 or email admin@auburnheights.org.