A Remarkable Woman’s Legacy of Hope

Nancy Anderson

Nancy Anderson, CARE legacy donor

From visiting llama farms and family gardens in Ecuador to spending time in village schools in India, Nancy Anderson — a loyal and generous donor since 1973 — has witnessed CARE's life-saving work firsthand.

"When I saw all the different things that CARE was doing, I got sucked in," says Nancy. "You understand how CARE's programs are making people's lives better, and it's exciting to see what a wide array of things they're doing — it's amazing how imaginative the programs are!"

As a teenager in the 1940s, Nancy remembers how CARE delivered millions of relief packages to Europeans at risk of starvation in the aftermath of World War II. She continued to watch as CARE expanded its mission to deliver desperately needed programs to nations in the developing world.
Nancy spent three years after college as a missionary in Pakistan, where she developed an interest in international affairs. She went on to earn a Master's degree in social work. As a social worker, she served foster families and special needs children. Left with an inheritance from her father, Nancy, along with her husband and children, decided it would be best put to use through charity. After years of giving to several organizations, she focused her efforts on CARE.

To date, Nancy has donated more than $1 million to CARE — an incredibly meaningful amount, indeed. She believes in CARE's mission and knows — through her own experiences — just how important CARE's work is in the fight against global poverty. She especially admires CARE's focus on women and girls as agents of change and the key to fighting poverty.

That may be because Nancy is a strong and vibrant woman herself. An active 90-year-old, she hikes, paints sets for her local community theater, and plays violin in the community orchestra.
She continues to faithfully support CARE, and has left a generous legacy gift to CARE in her will. She's confident in CARE's efforts and knows that her legacy gift will impact the lives of people in need for generations to come.

"I think that CARE's leadership is very far-sighted," says Nancy. "They don't just send the CARE package anymore — they're over there, they know just how to work with people in need. Where they operate, they are very, very effective."

Through Nancy's gift to CARE in her will, she's ensuring CARE's effectiveness — and a legacy of help and hope — for years to come.

Care's Programs by Activity

How Care's Expenses are Allocated

A charitable bequest is one or two sentences in your will or living trust that leave to CARE a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state, ZIP], give, devise and bequeath to CARE [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to CARE or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to CARE as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to CARE as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and CARE where you agree to make a gift to CARE and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

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