{"id":447,"date":"2012-04-17T15:00:00","date_gmt":"2012-04-17T15:00:00","guid":{"rendered":"http:\/\/wabikes.org\/2012\/04\/17\/bicycle-alliance-launches-legacy-society\/"},"modified":"2012-04-17T15:00:00","modified_gmt":"2012-04-17T15:00:00","slug":"bicycle-alliance-launches-legacy-society","status":"publish","type":"post","link":"https:\/\/wabikes.org\/index.php\/2012\/04\/17\/bicycle-alliance-launches-legacy-society\/","title":{"rendered":"Bicycle Alliance Launches Legacy Society"},"content":{"rendered":"

<\/p>\n

The simplest\u2014yet high impact\u2014way to leave a legacy gift is to name the Bicycle Alliance as a beneficiary in your will. <\/span><\/div>\n
Inspired by John Streich\u2019s generous bequest to the Bicycle Alliance in 2011, several current and veteran Board members met recently to lay plans for a Legacy Society.\u00a0 “This will give our most dedicated members an effective way to plan for significant future support,\u201d said founding Board member Amy Carlson.<\/span><\/div>\n
<\/a><\/div>\n
\u00a0Providing for Washington Bikes in your estate plans can be as simple as adding a codicil <\/i><\/b>to your existing will. You can make a specific or percentage bequest, a residuary bequest, or a contingent bequest. \u201cPlanned giving\u201d arrangements also include charitable remainder trusts, charitable gift annuities, and various other gift vehicles. Planned gifts ideally require advance consultation with your financial planner and\/or attorney.<\/span><\/div>\n
\u201cWe\u2019ve had the Life Member designation for a long time,\u201d said former Board President Cynthia Putnam. \u201cIt\u2019s been extremely helpful for our dedicated members to support us at a high level and also to self-identify as a group. The Legacy Society gives folks an opportunity to take their support to the next level.\u201d<\/span><\/div>\n
The Board of Directors has put in place three new policies to safeguard both the donor\u2019s intent and the organization\u2019s welfare. A board-designated endowment policy ensures that gifts made by bequest will meet priority needs of the Bicycle Alliance. An investment policy ensures that funds are invested prudently, with ongoing oversight. And a gift acceptance policy provides a process and framework for the Bicycle Alliance to determine whether and how to accept specific types of gifts. <\/span><\/div>\n
If you have already made provisions for the Bicycle Alliance in your will or another type of planned gift, please let us know. We would like to thank you and welcome you to the Legacy Society. The Bicycle Alliance is planning an annual special event for Legacy Club members, along with a listing in our annual report and other publications. And a few additional \u201csurprises\u201d are in store for Legacy Club members.<\/span><\/div>\n
<\/div>\n
If you are interested in learning more about gifts by bequest or other planned giving vehicles, please contact Jack Hilovsky at jackh@wabikes.org<\/a>. <\/span><\/i><\/div>\n","protected":false},"excerpt":{"rendered":"

The simplest\u2014yet high impact\u2014way to leave a legacy gift is to name the Bicycle Alliance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[29,38],"tags":[],"class_list":["post-447","post","type-post","status-publish","format-standard","hentry","category-wa-bikes-news","category-people"],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"\nBicycle Alliance Launches Legacy Society - Washington Bikes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wabikes.org\/index.php\/2012\/04\/17\/bicycle-alliance-launches-legacy-society\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bicycle Alliance Launches Legacy Society - 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