Columnist Ann Landers once said, “Do your givin’ while you’re livin’... then you’ll be knowin’ where it’s goin’.” Her words may best explain the concern many may have when it comes to what they will leave future generations.

Bequeathing gifts and leaving a legacy may be important to you, and it is es-pecially signifi cant to Orange Grove Center. The future of the center is de-pendent on long-term fi nancial strength that is, in part, built upon charitable bequests and planned gifts from sup-porters like you.

At Orange Grove, we will ensure that every individual served is an overall benefi ciary of your gift. For our do-nors, inclusion in their estate plans is an ideal way to contribute to the wel-fare of our community, and is a con-tinuation of their charitable efforts be-yond their lifetime!

Gift Planning, or Planned Giving as it is also known, is a tool that helps you achieve your goals for the center while enhancing your fi nancial plans and security. With careful planning, it is possible to reduce or eliminate income and estate taxes while turning appreci-ated assets into an income for yourself or others.

Through a gift plan, you may:

Increase current income for yourself or your designated benefi ciary; Reduce income tax liability; Avoid capital gains tax; Pass assets on to your family and pay less tax; and/orMake a signifi cant gift to Orange Grove Center.

Gift Planning options that are outlined in this guide include:

Appreciated Securities Bequests / Wills

Charitable Gift Annuities Charitable Remainder Trusts

Charitable Lead Trusts Life Insurance PoliciesPooled Income Funds

Retirement Plan AssetsRevocable Living Trusts

Savings Accounts and Certifi cates of DepositTribute Gifts

Double G Camp is an annual experience for many Double G Camp is an annual experience for many served by Orange Grove. Your support can help served by Orange Grove. Your support can help continue the program each year.continue the program each year.

As one, we are strong. Together we are stronger! Partner with us in our mission to provide for the underserved in our community!

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Ways to remember the center through your will:

A residual bequest grants the residue, or portion of the residue, of your estate to the center after explicit bequests have been made;

“I give to Orange Grove Center, Inc., a non-profi t organiza-tion located at, 615 Derby Street, Chattanooga, TN 37404, all (or ____ %) of the rest, residue and remainder of my es-tate, both real and personal property of whatever kind and wheresoever situated.”

A specifi c bequest of a stated dollar amount or specifi c se-curities;

“I give to Orange Grove Center, Inc., a non-profi t organiza-tion located at 615 Derby Street, Chattanooga, TN 37404, the sum of ____ dollars (or describe the specifi c property or security you intend to give).”

A contingent bequest in case one or more of your bequests cannot be fulfi lled;

“If any of the above-named benefi ciaries should predecease me, I hereby give his/her share of my estate to Orange Grove Center, Inc., a non-profi t organization located at, 615 Derby Street, Chattanooga, TN 37404.”

A percentage bequest allocating a fi xed percentage of your estate;

“I give, devise, and bequeath to Orange Grove Center, Inc., a non-profi t organization located at, 615 Derby Street, Chat-tanooga, TN 37404, ___ % percent of my estate, both real and personal property of whatever kind and wheresoever situated.”

Bequests / WillsYou make the ultimate gift to Orange Grove Center when you include it in your estate plan-ning.

It just takes a simple designation in your will and will not affect your cash fl ow during your lifetime.

Charitable bequests specify how an individ-ual’s property is to be distributed after their passing. Some donors use a revocable (or “liv-ing”) trust as their estate document instead of a will.

Donors have the comfort of knowing that they can amend or revoke a charitable bequest if tax laws, their circumstances, or family needs change. A Will may be used with many of the giving plans outlined in this booklet.

Making a bequest through your Will

Virginia Farmer is given job opportunities as part of the Orange Grove experience through a program funded by the center.

“What a man does for himself dies with him, what he does for others lives on forever.” Theodore Roosevelt

Charitable Gift Annuities are a simple way to make a signifi cant gift while cotinuing to provide for your future. You, the donor, donate cash or securities and receive fi xed annual payments for life. You will also be eligible for a federal income tax deduction in the year you make your gift.

The amount of your annual payments is based on your date of birth and the amount you give to create the gift annu-ity. The minimum gift to the center must be $5,000, and you must be 60 years of age or older.

In addition, your gift qualifi es for a charitable tax deduction.

Pooled Income Funds offer life income, and provide a meaningful gift to the center. Your irrevocable gift of cash or securities is “pooled” and col-lectively invested to produce income that is shared by all fund participants. Payments will vary year-to-year, and your income has the potential to grow since the fund’s earning will naturally fl uctuate. Gifts to the Orange Grove Center Pooled Income Fund can be made at 50 years of age, with a minimum of $10,000.

Revocable Living Trusts are popular estate planning documents that resemble Wills. With a Revocable Living Trust, you grant yourself broad powers to manage your assets during your lifetime, as well as distribute them after your death.

A Living Trust allows you to designate a trustee to manage your assets in the event you become disabled or incapacitated. You determine what’s in the trust, and you can easily amend it.

You can include a current or deferred charitable gift to Orange Grove Center in your Living Trust – a gift that re-duces estate taxes. In the event of your death, all proceeds of the trust will be distributed outside of your estate, usually avoiding lengthy and often expensive probate procedures.

Charitable Remainder Trusts are irrevocable cash donations or property to fund the trust. A trustee man-ages the assets and earnings, and money from the investments is used to provide regular annual income to you or to designated benefi ciaries.

Payments from the trust are either made for the life of the benefi ciary, or for a specifi c period of time not exceed-ing 20 years. At the end of the term, or upon the benefi ciary’s death, trust assets pass to the center or other charities designated in the trust.

Payments are either fi xed or variable income, and are usually not economical unless the principal initially equals or exceeds $100,000.

Trust and Life Income Plans

At age 62, Ed Winton is learning how to plant and grow vegetables in a garden.

Charitable Lead TrustsThrough Charitable Lead Trusts, you donate cash or property to fund a trust from which annual payments are made to the center for a set number of years. When the trust terminates, the assets revert back to you or are given to your heirs.

If the assets of the trust appreciate in value over the years, this increase is passed on to your heirs free from gift or estate tax. Administrative costs generally require gifts of at least $100,000 to establish a Charitable Lead Trust.

Retirement Plan Assets Retirement Plan Assets may be set aside to estab-lish special philanthropic legacies. Assets such as 403 (b), 401 (k), Individual Retirement Arrange-ments (IRAs), Keogh, or tax-sheltered annuities may be designated to Orange Grove Center as the benefi ciary.

Under this plan, 100% of the value of the account is applied, with you avoiding income and estate taxes that would be due if they were left to your heirs. Completion of a benefi ciary form, or a designation made through your Will is necessary to fi nalize the plan.

This plan is also ideal for anyone over age 59, as an annual charitable gift from your retirement plan. You may qualify for a charitable income tax-deduc-tion while saving estate taxes.

Life Insurance PoliciesUsing a paid-up life insurance policy you no longer need, or purchasing a new policy are other charitable gift-giving opportunities.

By naming the center as the owner and benefi ciary, you qualify for a charitable deduction for the cash value of the policy. You may also receive a charitable deduction on any remaining premiums you pay.

I shall pass through this world but once. Any good therefore that I can do or any kindness that I can show to any human being, let me do it now. Let me not defer or neglect it, for I shall not pass this way again.Mohandas Gandhi

Additional Tax-Wise Gift Plans

Orange Grove is an important part of the fabric of our Chattanooga community. It deserves support, and I hope all organizations and people that can will generously do so.

Mervin Pregulman ”

“

Other Special GiftsSecuritiesChoosing to give by means of appreciated secu-rities (stocks, bonds, mutual funds, shares, and other plans) is a great way to give to the center.

The benefi t of donating securities or mutual funds is that there is an income tax deduction for the full fair market value at the time the gift is completed, if you have owned the shares for more than one year.

You may avoid capital gains taxes that would be due if you sold the securities.

Contact us if you are interested in transferring securities or mutual fund shares to the center.

Savings Accounts and Certifi cates of DepositSavings plans, such as savings accounts, cer-tifi cates of deposits (CDs), and other savings ar-rangements are also convenient ways of giving.

You may make the center a joint owner of the account with rights of survivorship only. Mean-while, you remain in complete control of your account, enabling you to maintain the ability to withdraw money, or change the survivor desig-nation. You also have the right to close the ac-count at anytime, thereby revoking the arrange-ment. No claims are made to your account until after your passing.

Tribute GiftsOrange Grove Center accepts gifts in memory of those who have passed, or in honor of some-one special as a way of saying, “thank you.”

If you would like to make your gift in honor of or to memorialize someone, please contact us for more details.

Water Ballet is a new addition to the growing list of programs avail-able to participants through Orange Grove’s Recreation Department.

Contributions give individuals like Diana Linder (left) and Deta Ashley opportunities to develop healthier life-styles through physical activity.

The greatest gift is a portion of thyself. Ralph Waldo Emerson

Linda Romans is a jewel to the Orange Grove fam-ily. Nearly 40 years ago, Linda was an original student of Orange Grove’s School for the Blind.

Today, she is a member and soloist in the Orange Grove Chorus. Through the Discovery Program at Orange Grove, she is able to share her love of music and interest in singing and reading to young children as a volunteer instructor at Little Miss Mag Day Care in Chattanooga.

If you have already included Orange Grove in your Will, trust, or other estate plan, please help the center update its records by letting us know. All information to Orange Grove Center is held in the strictest confi dence.

If you would like to participate in a gift planning program with Orange Grove Center through one of our giving options, please contact us to make arrangements, or for more information.

Our gift planning program will allow you to:

Give a gift and receive life income to supplement your retirement income;

Save income, capital gains and estate taxes;

Give more than you ever thought possible;

Enjoy the satisfaction of knowing that you’re making a difference in the lives of the individuals we serve for years to come.

Gift planning has enabled Orange Grove’s Children’s Services to remain a focal point in the early educational opportunities of children served by the center.

Children ages fi ve to 22 years receive pre-vocational/vocational and edu-cational training to prepare them for independent living and future employ-ment.

Classrooms are staffed by qualifi ed instructors who support, encourage and motivate their students to learn more and overcome their developmental and intellectual differences, thanks to generous contributions from supporters.

“ My sister has been affi liated

with Orange Grove for 35 years. We feel Orange Grove has done well by her. She has a niche for her life, and for this reason, we have chosen to give to Orange Grove.

”Don and Hanna Witherspoon

“ Mr. Reece made physical

and mental disabilities his career. He was very committed to helping others that were in his son Bill’s situation. He had a passion to making a contribution to others in need. He had a huge commitment to Orange Grove.

”Barbara Jones, Executrix to the Estate of Oscar Edwin “Ed” Reece

The raising of extraordinarily large sums of money, given voluntarily and freely by millions of our fellow Americans, is a unique American tradition... Philanthropy, charity, giving voluntarily and freely... call it what you like, but it is truly a jewel of an American tradition.John F. Kennedy

Always consult with your attorney when drawing up or revising your Will to ensure your intentions are carried out properly.

Our tax identifi cation number is 62-0549365.

The name and address to include in your Will is:

Orange Grove Center615 Derby StreetChattanooga, TN 37404

IRS FORMSDonee Information Return - IRS Form 8282 http://www.irs.ustreas.gov/pub/irs-pdf/f8282.pdf

Noncash Charitable Contributions - IRS Form 8283(Instructions for Form 8283) http://www.irs.gov/pub/irs-pdf/i8283.pdf

Orange Grove Center, Inc. is a non-profi t, 501 (c) (3), tax-exempt organization. No goods or services are ever exchanged in return for gifts to the center. Contributions are tax-deductible to the full extent of the law. Additional benefi ts, such as life income and the avoidance of capital gains taxes, may be offered in some cases.

We recommend that you consult with your attorney or tax advisor for the various tax benefi ts and restrictions that may apply to your specifi c situation. We are available to you and your advisors to answer questions or help arrange a planned gift to the center.

Learn more about Gift Planning!

Please send me more information about (Check all that apply!):

Wills Charitable Lead Trusts Revocable Living Trusts Gifts of Securities Chartiable Gift Annuities Gifts of Retirement Plans Charitable Remainder Trusts Gifts of Life Insurance Policies

I would like someone to contact me at (phone) ( ) - For life income gift calculation purposes only, my birthdate is: M Y D I have included the Orange Grove Center in my Will or estate plans. Name (print) Address City State Zip

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To address your questions or concerns, or for additional information about Gift Planning, please contact:

Orange Grove Center, Inc.615 Derby StreetChattanooga, TN 37404

(423) 308-1160(423) 624-1294 (fax)www.orangegrovecenter.org