Gifts Projects Home
Our donors may decide how they want their gifts to be used.
Gifts may be designated to an established fund such as hospice, memory care, Valley View assisted living, Village Care Center, chapel, music department, Hobby Hut, JKV food pantry or another area of special interest to the donor.
Donors may also choose one of the Foundation’s Endowment Funds, where only the interest income is used:
- Resident Financial Assistance Endowment Fund
- John Knox Village Foundation Endowment Fund
Each year Foundation staff present the Foundation Trustees a list of John Knox Village projects that are in need of funding for which no other funding sources exist. The Trustees decide which projects the Foundation should undertake and undesignated gifts are used to fund those projects.
Other ways to provide financial support for the special projects of the Foundation include:
Cash gifts can be deducted up to 50 percent of your adjusted gross income. Bonds and mutual funds are similar to cash in their tax treatment.
Appreciated stock (held more than one year) makes an excellent gift because you avoid all capital gains taxes and you receive a tax deduction of up to 30 percent of your adjusted gross income on the full value of the gift.
A unique way to make a significant future gift is to name the Foundation as beneficiary to receive all or a portion of the proceeds of an existing life insurance policy. You will receive a tax deduction for the cash surrender value of the policy, which reduces your tax liability in the year of the gift.
One of the simplest ways to give part of your estate is through a will. Your gift can be a specific dollar amount, percent of your estate, or what is left (remainder) after the care of others. When the Foundation is included in your will, membership in the John Knox Village Foundation Estate Society is automatically attained.
A gift may be made payable to the John Knox Village Foundation and mailed to 400 N.W. Murray Road, Lee’s Summit, MO 64081.
For questions about giving a gift that enriches the lives of older adults, contact the John Knox Village Foundation office at (816) 347-2380.