The Arc of Indiana

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For people with intellectual and developmental disabilities

The George Rowlas Endowment Fund

helendoyle2007In 2005, the Board of Directors of The Arc of Indiana established an Endowment Fund for the organization. In 2009, the Board designated the fund be called the George Rowlas Endowment Fund.

The fund is a perpetual fund to provide for The Arc of Indiana’s ongoing financial needs. Funds will be used to sustain the work of the organization including the principle of empowering people and inspiring change. By using a small part of the funds value annually, we can ensure that The Arc will be able to meet the needs of individuals with disabilities for years to come.

Gifts will be solicited from members, individuals, friends of The Arc, community leaders, foundation and businesses and corporations.

A gift to the George Rowlas Endowment Fund will touch countless individuals with disabilities and their families. Here are a few of the options that are available:

Pledges: The Arc of Indiana will accept multi-year gift pledges for the endowment.

Bequests: A bequest is a gift made upon the death of a donor to The Arc of Indiana in a donor’s Last Will and Testament or other legally binding testamentary document. Gifts made via a bequest may be outright or contingent, unrestricted or restricted and may include any item or thing of value.

mother_and_daughterLife Income Gifts: Life income gifts are those that provide donors with annual incomes, including trust and annuities.

Charitable Lead Trusts: Agreements by which The Arc of Indiana accepts assets in trust for a specified term of years, during which it receives periodic distribution from the trust. At the expiration of the time period determined y the donor, assets are transferred back to the donor and /or beneficiaries specified by the donor.

Charitable Remainder Trusts: Agreements that provide distributions to one or more beneficiaries specified by the donor. Established during life or at death, the donor (or his or her estate) receives a current income or estate tax deduction and the beneficiaries receive periodic distributions from the trust. When the trust terminates, the remaining trust funds are paid to The Arc of Indiana. Charitable remainder trusts can last either for the life of the income beneficiaries or for a term between one and twenty years.

Rest Estate with retained Life Estates: A life estate is a form of deferred gift whereby a donor irrevocably transfers legal ownership of a personal residence or a farm property to The Arc of Indiana by retains the right to live in, on or otherwise use the property for the remained of his or her life (or for the lives of the donor and his or her spouse or partner) or until such time as the donor or his or her spouse or partner may elect to relinquish or terminate the retained life interest.

Life Insurance: The Arc of Indiana will accept gifts of whole life insurance and term policies.

Retirement Funds: Individuals may designate The Arc of Indiana as a beneficiary of private retirement funds such as IRAs, 401(k)s, Keoghs and tax deferred annuities.

Certificates of Deposit: These may be made payable to The Arc of Indiana upon death. This kind of gift requires no change in your will and removes the contribution from probate proceedings.

teacher_and_girlsTo learn more about the George Rowlas Endowment Fund, please contact Jill Vaught, Director of Organizational Advancement, at 317-977-2384 or jvaught@arcind.org

Information about gifts to the Endowment Fund will appear regularly in the quarterly publication The Arc News In Indiana.