Giving to Masonic Villages
Since its founding in 1894, the Masonic Home of the Grand Lodge of Pennsylvania, now known as the Masonic Villages of the Grand Lodge of Pennsylvania, has grown and expanded. Comprising five communities offering a full continuum of retirement living, personal care and nursing services across Pennsylvania, the Masonic Villages are committed to caring for residents regardless of their sex, race, creed, Masonic affiliation or ability to pay. The communities extend quality health care and outreach services to numerous others through home and community-based services.
Franklin Legacy Society
The Franklin Legacy Society recognizes and honors persons of vision and foresight who have taken the initiative, through their estate plans, to strengthen and enhance the good works of one or more of the Masonic Charities of the Grand Lodge of Pennsylvania. Through their benevolence, members of the society are helping to ensure that the vital missions of the Masonic Charities will be available for the benefit of future generations. Click here to see the brochure.
Please contact us for more information.
Who is Eligible for Membership?
Membership in the Franklin Legacy Society is open to anyone who has included a provision in any amount for one or more of the Masonic Charities in their will, revocable trust, life insurance policy or retirement plan. Also eligible are people who have entered into a planned gift arrangement, such as a life estate, charitable gift annuity, charitable remainder trust or charitable lead trust, with a Masonic Charity.
If you qualify, complete the contact form, and we will forward you a short membership application for completion. Upon receipt of the completed membership application, we will forward your Franklin Legacy Society membership packet.
Members of the Franklin Legacy Society are recognized in the following ways:
- Invitations to special events
- Your name(s) on a special donor wall*
- Your name(s) in the Annual Report for the Masonic Charities*
- Recognition with the society’s lapel pin depicting Bro. Benjamin Franklin at work at his printing press
- A distinctive book clock
* NOTE: Donors may choose to remain anonymous while participating in the activities of the Franklin Legacy Society.
Masonic Villages General Fund
Contributions are unrestricted and for immediate use to cover the cost of Masonic Villages general operating, utilities, and salaries.
Masonic Village Endowment Fund
Contributions to this endowment are invested and income earned assists in maintaining and operating the Masonic Villages of the Grand Lodge of Pennsylvania at one or more of our Masonic Villages, including Dallas, Elizabethtown, Lafayette Hill, Sewickley and Warminster.
Bleiler Caring Cottage Endowment Fund
The purpose of this endowment fund is to provide long-term accommodations and support services for adult residents with developmental challenges who live at the Bleiler Caring Cottage.
Arline M. Hughes Caring Endowment Fund
The purpose of this endowment fund is to provide the necessary funds to meet the individual needs of elderly residents who are on medical assistance and need medical equipment, clothes, glasses, therapeutic support and more at the Masonic Health Care Center in Elizabethtown.
Masonic Tree of Life Fund
Funds are restricted for partial or fully subsidized payment for the monthly resident’s service fee for those residents of retirement living at the Masonic Village at Elizabethtown whose funds have been depleted.
Friend to Friend Fund
Funds are restricted for partial or fully subsidized payment for the monthly resident’s service fee for those residents of retirement living at the Masonic Village at Sewickley, Lafayette Hill and Dallas whose funds have been depleted.
Masonic Village Hospice
Contributions are unrestricted and for immediate use to cover the cost of general expenditures.
Masonic Compassionate Care Fund
Helps to cover nursing or personal care costs for residents living in Elizabethtown, Lafayette Hill, Sewickley and Warminster when their assets are depleted.
Wills and Living Trusts
A will or living trust that includes one or more of the Masonic Charities as a charitable beneficiary can be structured in a variety of ways. You can elect to leave one or more of the Masonic Charities a specific dollar amount. Or, you can set a percentage of the total value of your estate, or the remainder of your estate, to go to one or more Masonic Charities after you have provided for family and friends. You also may choose to make an unrestricted gift, which gives the Masonic Charities maximum flexibility to use your gift where it will have the most impact.
To view our “Leaving a Legacy of Love” brochure, please click here
Charitable Gift Annuities
A charitable Gift Annuity (CGA) is an irrevocable charitable gift that pays you and/or someone you choose a fixed income, part of which may be tax-free. It is guaranteed income for life. After the passing of the donor(s), the remainder of the CGA goes to the charity. A CGA may be structured as either a one-life gift annuity, in which you or your designated beneficiary receive the income for life; or, as a two-life gift annuity that provides income to you and another beneficiary, such as your spouse.
For a confidential illustration showing potential income and tax benefits from a CGA, please contact us.
Charitable Remainder Trusts
A charitable remainder trust (CRT) allows you to transfer assets into a separately managed trust that will provide you (and/or the lifetime of those you name, such as your heirs) income for your life or a specific period of years (up to 20 years). Upon the trust termination date, the remaining principal will go to the designated Masonic Charity. Any income tax on the plan assets transferred to the charitable remainder trust would then be deferred until paid to the designated heirs, and the estate would receive a charitable deduction based on the remaining value of the assets passing to the designated Masonic charity.
Charitable Lead Trusts
A lead trust is the opposite of a remainder trust, where the remainder goes to charity. With a lead trust, the trust pays income to the charity for a term of years, usually around 20, or for the life of the donor. When the trust terminates, the remainder of the trust passes to your children, another designated beneficiary or reverts back to you. This donation strategy is generally appropriate only when donation amounts exceed $500,000. We recommend that you consult with your legal and financial advisors when considering establishing a Charitable Lead Trust. To learn more about making these trusts, please contact us.
A unique way to make a charitable gift through your estate plan is to name a Masonic Charity as a beneficiary of all or a portion of a retirement account, such as Individual Retirement Accounts (IRAs), 401(k)s, 403(b)s and Keoghs. You can also select an endowment fund or activity of the Masonic Charities to benefit from a retirement gift.
If you designate one of the Masonic Charities as a beneficiary of all or a portion of a life insurance policy that has served its original purpose, your estate may receive a charitable estate tax deduction. Many find this is a way to make a larger charitable gift than otherwise possible. Another option is to name the Masonic Charity as the beneficiary and owner of an insurance policy, which may entitle you to an immediate income tax deduction.
A gift of real estate, especially a gift of a principal residence or vacation residence, may be an attractive way to make a substantial donation to one of the Masonic Charities. Real estate may be donated outright, through your estate or indirectly through a life income plan which would provide you with a stream of income for life. If the real estate has appreciated in value, you will avoid any capital gains taxes that may be due when you sell the property. Gifts of real estate are subject to specific policy guidelines. If you are considering a gift of real estate, either outright or through your estate plans, you should consult with your legal and financial advisors. We will be happy to work with you and your advisors to complete this gift. Donations of real estate must be approved by the Masonic Charities prior to transfer.