Daily Local News (West Chester, PA)
White Horse Village Foundation expands giving program
White Horse Village Foundation Inc., a 501(c) (3) charitable organization for the active senior community White Horse Village in Edgmont Township, Delaware County, announced partnerships with The Foundation for Delaware County and Philadelphia Foundation to expand its portfolio of giving programs.
The partners’ expertise will expand legacy-giving offerings, including charitable gift annuities and personalized estate planning.
“The carefully selected nonprofit partners are both well-known, well-respected and well-capitalized organizations that many residents are familiar with and may already support,” said Robert J. Bruce, resident and White Horse Village Foundation board chair. “They will provide underwriting and administration support for new charitable giving products.”
The first donor product introduced by the White Horse Village Foundation is charitable gift annuities, which offer individuals the ability to support a charity while financially benefiting themselves with tax deductions and guaranteed income for life.
“Through endowment funds established with each partner, we can create customized giving programs tailored to meet the financial needs of our donors,” said Susan Abtouche, executive director of the White Horse Village Foundation. “Our goal is to grow the membership of our Legacy Society, which recognizes the generous,
forward-thinking donors who have included White Horse Village in their estate plans.”
The Foundation for Delaware County works with individuals and families, private foundations, nonprofits and businesses to benefit and strengthen Delaware County. The Philadelphia Foundation strengthens the economic, social and civic vitality of Greater Philadelphia.
“In addition to offering much needed-legal and administrative resources, the partnerships will minimize the risk to our Foundation’s financial resources due to market instabilities,” said Norm Ledwin, resident and Foundation board member.
About White Horse Village: Situated on 96 acres in southeastern Pennsylvania, White Horse Village is an active senior living community offering a full range of living options and healthcare services. The community intentionally
creates opportunities for extraordinary living in a vibrant, diverse community through personal growth, connectedness, and relationships. As a nonprofit organization, White Horse Village reinvests earnings back into the organization to further its mission and vision. For more information, visit www.whitehorsevillage.org.