Ways of Giving
ElderNet, like most nonprofit organizations, depends on charitable giving to continue its mission. Citizens of Lower Merion and Narberth have shown a great desire to share in their good fortune and to help those in need. Our society has created a means to advance this through tax-advantaged charitable giving. Each gift is very important to ElderNet. We thank our donors and volunteers as they continue to make it possible to fulfill our mission.
There are ways of giving to ElderNet that will secure our future in this community for the years ahead. The list that follows will briefly explain several ways to provide this needed support.
Gifts of Cash - Most of our donors make a contribution by check as part of the annual appeal. This provides immediate help to ElderNet and provides the giver with a charitable gift tax deduction in the year of the gift. Some cash gifts are restricted and designated for the ESSLM emergency fund (Operation Holiday) or other projects.
Gifts of Stock - ElderNet may sell or hold the stock. A gift of stock may provide even greater tax benefits to the giver when it is part of a careful estate plan.
Gifts of Life Insurance - This may be a way to make a substantial future gift to ElderNet for a relatively modest annual expense.
Bequests - One of the most meaningful ways to support ElderNet is through your will. You may specify a particular asset, a percentage of your estate or the residual of your estate after other payments.
Your attorney or tax adviser can provide details for your situation and help you decide on the best course of action.
Workplace giving and giving to the United Way Community appeal are a fitting choice for some Philadelphia area residents. ElderNet may be supported through the United Way by selecting ElderNet as your donor option for a portion, or for all of your gift to United Way.
By using the donor option number 03022 and the name ElderNet, your gift will be designated to fulfill our mission in the Lower Merion and Narberth community.
Operation Holiday funds replenish the ESSLM fund (Emergency Shelter Services of Lower Merion) administered by ElderNet. The ESSLM fund helps with one time grants to pay extraordinary expenses related to emergency housing and medical needs experienced by low income, homeless, and elderly persons.
What Your Gift Can Do
Your contribution of $1000 will provide supervision for two weeks of telephone reassurance to isolated, homebound residents.
Your contribution of $500 will support one week of minor home repairs for ElderNet clients.
Your contribution of $200 will provide one week of yard work, snow shoveling, cleaning or help with laundry for ElderNet clients.
Your contribution of $100 will provide supervision for intergenerational programs with high school and college students.
Your contribution of $35 will provide support for updating our Senior Directory, Assisted Living Guide, and other free publications.