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GIVE TO COVENANT WOODS | A NOT-FOR-PROFIT ORGANIZATION SERVING SENIOR ADULTS

Give to benefit residents, employees, and area seniors.

As a not-for-profit organization, Covenant Woods is committed to responsible stewardship of every gift entrusted to us. All gifts are used to further the charitable mission of our organization to serve residents and employees as well as older adults in the surrounding community. When you give to any of our funds, your gift can:

  • Help ensure that no resident will have to leave his or her home at Covenant Woods due to financial reasons beyond their control
  • Support educational programs for residents and seniors in the local community
  • Fund employee scholarships or assist employees facing a crisis
  • Assist with campus improvements

 
You may choose one of our designated funds or make an unrestricted gift to our general fund for use where it’s most needed. But no matter how you choose to give, you’ll have the satisfaction of knowing you’ve made a difference for older adults and those who serve them.

Covenant Woods is a not-for-profit 501(c)(3) organization.
Gifts are tax deductible as allowed by law.
Tax ID: 54-0524902

“Many residents at Covenant Woods enjoy healthy, active lifestyles that allow them to live longer than expected. When financial resources are exhausted through no fault of their own, the Covenant Fund ensures that they can continue to live life to the fullest in their home.”

— Laurie Ursiny, Director of Philanthropy

The Holmes Fund

Choosing to direct your donation to the Holmes Fund helps provide educational programming and service offerings to Covenant Woods residents as well as older adults in the surrounding area.

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Covenant Woods Benevolent Funds

When you give to one of Covenant Woods’ benevolent funds, you can direct your gift to enhance resident services, create new and innovative programs, support employees with scholarships or assistance in times of crisis, or ensure no resident will ever be asked to leave his or her home at Covenant Woods due to financial hardship beyond their control.

Build your legacy through giving.

A legacy gift is an ongoing reflection of your values that can directly impact lives for generations to come. In a world where less than one percent of philanthropic dollars benefit organizations serving older adults, your gift can make a real difference while building your legacy and providing significant tax benefits.

Ways to Give

We are so pleased you are considering a gift to Covenant Woods. Gifts of any amount are welcome and appreciated and will be stewarded responsibly. Whether you are making an unrestricted gift or donating to one of our designated funds, we offer ways to make a single, lump-sum payment or to spread your payment over several months, including the opportunity to make a recurring monthly gift.

For more information on gifts over $1,000, gifts of appreciated securities, or retirement plan transfers, please contact Laurie Ursiny, director of philanthropy, by phone at 804.569.8007 or by email.

Covenant Woods is a not-for-profit 501(c)(3) organization.
Gifts are tax deductible as allowed by law.
Tax ID: 54-0524902

Credit or Debit Card

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To make your gift using a credit or debit card, use the link provided with the description for the fund to which you wish to donate. To make a general, unrestricted gift by credit or debit card, click here.

Check or Cash

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Please make your check payable to Covenant Woods and note on the memo line how you would like your gift used (e.g., “Unrestricted” or “Covenant Fund”). While we do not encourage sending cash through the mail, gifts of cash should be accompanied by the same information in writing.

Mail contributions to:
Covenant Woods
Attn: Philanthropy
7090 Covenant Woods Drive
Mechanicsville, VA 23111

Tribute Gifts (In Honor or Memory)

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Tribute gifts are a wonderful way to recognize family members, friends, or even pets who have touched your life. If a notification address is provided, Covenant Woods will send a notification of your gift to the honoree or other person you designate.

Corporate Matching Gifts

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You may have the opportunity to double your gift dollars if your or your spouse is an employee (current or retired) of a matching-gift company. Simply request the employer’s matching gift form, then complete and mail it along with your gift to the address below. Covenant Woods will send you an acknowledgement letter confirming both your gift and the matching contribution.

Mail matching gift forms to:
Covenant Woods
Attn: Philanthropy
7090 Covenant Woods Drive
Mechanicsville, VA 23111

Stocks and Other Securities

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Gifts of appreciated stocks and other securities can be advantageous to the donor, possibly providing a charitable deduction for the full fair market value at the time the gift is made, while avoiding capital gains tax. The value of the gift is based on 100% of the security’s value on the date of transfer to Covenant Woods. If you are interested in gifting stocks or other securities to Covenant Woods, please provide your broker with the following information:

All DTC-Eligible Securities: All deliveries must include client name and Schwab account number.
Delivery to DTC Clearing 0164, Code 40, Schwab Account Number: 7139-2402

Retirement Plan Distributions

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You can reduce your tax liability by transferring your gift directly from your retirement plan to Covenant Woods. If you’re over age 70.5, this tax-free transfer can be applied to your Required Minimum Distribution (RMD).

Gifts In Kind

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We welcome donations of appropriate items for resale in our second-hand shop, the Ruth Shoppe, or through a second party. Gift value is determined by the donor as specified by the Internal Revenue Service. Please contact Laurie Ursiny, director of philanthropy, by phone at 804.569.8007 or by email, to confirm current needs for specific items.

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MEET COVENANT WOODS

From a history that spans 140 years to the modern, fully realized Life Plan Community you see today, there’s much to learn about Covenant Woods.

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GET DONOR NEWS

As you consider making a gift to Covenant Woods, you’ll no doubt want to know what’s happening on our campus. Our donor newsletter is a good place to start.

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SHARE YOUR TALENTS

Covenant Woods offers a wide variety of volunteer opportunities. From assisting with activities or leading classes to serving as a dietary aide in Manor East, volunteers serve a vital role in our community.