The Lake County Legacy Society, Established in 2017
Have you thought about your legacy? How do you want to be remembered? You may be looking for a way to preserve your family name, honor loved ones, provide for heirs or minimize tax burdens. Making a planned legacy gift can allow you to accomplish all of this while leaving a lasting impact on the community you love.
Whether you want to establish a designated fund for a certain nonprofit or a field of interest fund to support a cause you care about, we help donors from all walks of life give back to their community. You may also become a Legacy Society member by naming LCCF in your will, designating LCCF as a beneficiary of your retirement plan assets, or making LCCF the beneficiary of your life insurance policy.
The Lake County Legacy Society recognizes civic and community leaders, families and residents who have chosen to shape Lake County’s long-term future by making a gift to The Lake County Community Foundation in their estate plans.
Making a legacy gift doesn’t have to be complex, cost-prohibitive or time consuming. In fact, there are four ways to leave a legacy gift without changing your will.
- Name LCCF a beneficiary of any percentage of your IRA, ROTH IRA, 401(k), 403(b) or other defined contribution retirement plan.
- Name LCCF a beneficiary of any portion of the death proceeds from a life insurance policy.
- Instruct your bank to transfer (POD - Payable on Death) any portion of what remains in your account at the end of your life to LCCF.
- Instruct your brokerage firm to transfer (TOD - Transfer on Death) any portion of investment accounts held at the end of your life to LCCF.
Each method requires a simple change of beneficiary form provided by your financial institution. When LCCF is named as beneficiary through one of these arrangements, the proceeds are not governed by your will and are not subject to probate.
Contact Wendy at 847-377-0520 x23, [email protected] to learn more.
Chala Holland, Jason Baxendale and Martha Hinchman.
Lake County Legacy Society Members
The Lake County Community Foundation thanks:
Megan P. and John L. Anderson, Founding Legacy Society Member
Miah and V. Kelley Armour, Founding Legacy Society Member
Eugene Bader, Founding Legacy Society Member
Kenneth H. Buchanan
Bert Carstens, Founding Legacy Society Member
Donna and C. Lawrence Connolly
Nancy and Reverend Dr. Robert A. Davis, Founding Legacy Society Member
Jamee* and Marshall Field V, Founding Legacy Society Member
Jennifer and John Geiringer, Founding Legacy Society Member
Jenny Henke and Tom Sander
Kathryn and Robert T.E. Lansing, Founding Legacy Society Member
Maggie and Jaime Morales, Jr.
Margaret Moreland, Founding Legacy Society Member
Anne Reusché and David Marzahl, Founding Legacy Society Member
Mary* and Robert F.* Reusché, Founding Legacy Society Member
Wendy and Brian Richter, Founding Legacy Society Member
Robert Sander
Mary Ann Sanford*
Emily Reusché Selbe, Founding Legacy Society Member
Gale Strenger Wayne
Dr. Sally Walshe and Thomas P. McMenamin, Founding Legacy Society Member
Mary and Dr. Girard* Weber
If you have named LCCF in your will, please let us know and we will add you to our Lake County Legacy Society list. By doing so and agreeing to be publicly recognized, this inspires others to consider such long-term gifts for the benefit of Lake County.
* denotes deceased
Megan and John Anderson, Founding Board Chair and Members of The Lake County Legacy Society
“I was truly inspired by Bob Reusché, who truly lived his obligation to the county and it shows in what the Foundation has accomplished in the last 13 years. I’m really excited to have been part of the Foundation’s beginning and of the transformations the Legacy Society will enable. "
- Mr. John Anderson, 2016 Lake County Legacy Society Founding Donor
About the Lake County Legacy Society
The Lake County Community Foundation provides a way for donors from all walks of life to give back to the people, organizations and causes they care about in Lake County. By harnessing the power of endowments, the assets that donors leave to the community can continue to grow, supporting good work for years and generations to come.
Membership
No formal pledge or minimum commitment is required. A simple statement of intent is sufficient.
Estate gifts can be made in a variety of forms—bequests via will or trust; beneficiary arrangements of insurance, IRA or pension benefits; charitable remainder trusts or gift annuities; gifts of other tangible assets such as real estate or valued collections.
Those who document or attest to the decision to make an estate gift to The Lake County Community Foundation are invited to be members of The Lake County Legacy Society for formal recognition, or may remain anonymous if desired.
Plan your Legacy Today
Planning an estate gift allows you to strategically accomplish both financial and charitable objectives – making sure you have the assets you need for as long as you live while doing something of lasting significance for the charitable causes and organizations you value. Charitable objectives may include preserving your family name, honoring your loved ones, providing for heirs, minimizing tax burdens and supporting the community you love.
Bequests to The Lake County Community Foundation are exempt from estate taxes.
Former Board Chairs – John Anderson, Stewart Kerr and Anne Reusché
Why a community foundation?
Since 2003, The Lake County Community Foundation has served as a central resource to address community needs. Our mission is to improve the quality of life of the most vulnerable residents of the county by providing civic leadership, promoting collective philanthropy and partnering with our grant recipients.
We also serve as a strategic partner for the nonprofit sector and a valued collaborator with donors, assisting them in maximizing the impact of their philanthropy.
To learn more about The Lake County Legacy Society, please contact Maria at 847-377-0520 x21, [email protected] to learn more.