A contribution to the endowment is a permanent investment in the future of Steere House. With the security of a strong financial base, we will be in the best possible position to respond to the needs of Rhode Island's growing elderly population. Gifts may be made to the Steere House endowment in many ways:
Friends may name Steere House as a beneficiary through a provision in their wills. All or some portion of an estate may be given, according to the wishes of the donor. The bequest may also be worded so that Steere House receives a gift after other provisions of the will have been satisfied. Estate planning experts suggest that wills should be reviewed every three years, or whenever major events occur in your life such as births, deaths, significant changes in wealth, etc. *If you do not have a will, your estate will be distributed in accordance with the laws of the state in which you reside. With a will, those decisions are yours.
Charitable gift opportunities exist through IRA, 401K, and other retirement vehicles. The tax advantages can be comparable to those available from a bequest.
How an retirement plan charitable rollover gift works:
You may change or name the beneficiary on an existing policy to Steere House.
By donating stock directly to Steere House, you benefit from a tax deduction for the current value and avoid capital gains taxes.
Colonel Edward R. DiPersio, long time Steere House Board Member and Officer of Steere House, gave much of himself to the facility. He is especially remembered for his efforts in establishing the development program for Steere House and his tireless assistance in the writing of its first strategic plan.
In Edward DiPersio's honor, The DiPersio Society was established. Members of The DiPersio Society have named Steere House in their estate plan through a planned gift. These gifts include bequests, charitable trusts, annuities, or life insurance.
By investing in Steere House with a planned gift, you can receive benefits today and know that you are providing a critical source of support that will have a great impact on the future success of our mission for years to come.
Other members of The DiPersio Society have made an outright gift of $3,000 or more to our general endowment or to establish a permanent endowed fund.
Steere House | 100 Borden Street | Providence | Rhode Island 02903 | 401.454.7970
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