Your Legacy: Making a Difference.
The 1894 Society recognizes those who have included The Virginia Home in their financial or estate plans. Through the years, legacy gifts have been an important funding source in helping us maintain our commitment to compassionate, lifelong care for our residents.
Here are several ways to give that can be accomplished by anyone, most with no affect on cash flow during lifetime (the first two are revocable should circumstances change):
- Bequest in a Will – ask us for model language for your will or a codicil;
- Retirement Plan Beneficiary Designation – or ask for information on the IRA Rollover provision;
- Life Insurance Beneficiary Designation – or consider giving a paid-up policy no longer needed;
- Personal Property – consider a gift of antiques, artwork or collectibles;
- Donor Advised Fund – recommend us for a gift;
- Appreciated Securities – capture your charitable deduction and avoid capital gains tax;
- Real Estate – make a great gift and avoid capital gains tax.
We are happy to discuss gift methods with you at any time without obligation on your part.
For more information about The 1894 Society or ways to give, contact Michael “Mickey” Dowdy, Vice President for Advancement at 804-359-4093, ext. 227
Ann Lee Saunders Brown’s Special Gift
After an amazing life of 101 years, Ann Lee Saunders Brown passed away in February, 2020. She was the daughter of Edmund Archer and Jane Quinn Saunders; and the sister of Jane Q. Saunders. The Saunders family has supported The Virginia Home for generations, including the endowment of resident rooms earlier in our history.
A plaque memorializing Ann Lee’s father hangs in our hallway to this day. For many years Ann Lee quietly supported The Home, right up to the time of her passing. We received notice that she had also included The Home in her estate plan. In February, 2021 her gift of $1,000,000.00 arrived to be added to our endowment fund. What a wonderful way to continue the relationship in a perpetual way. We are so fortunate to have earned her love and support and only wish we could have thanked her more for these blessings during her lifetime.
Largest Gift Ever Received in The Home’s History
Bill and Peggy Motley were childhood sweethearts. They grew up in the same neighborhood and before he got a car, she used to ride on the handlebars of his bicycle. As a young man Bill served in the Army during WWII, seeing combat in Italy and France. After the war, he began working for Philip Morris as a mechanic maintaining all the cigarette manufacturing machines. Peggy worked as a telephone operator until their daughter Debbie, who was disabled at birth, was born.
Yearning for a bit of freedom and independence, Debbie came to The Virginia Home as a young woman. We know that Debbie loved her life here and was able to greatly expand her friendships and horizons. Until her death in 2015, Debbie had lived at The Home for 35 years – more than half her life. During that time, the Motleys were consistent volunteers and donors. Upon the death of first Bill, and then Peggy Motley in 2018, The Home was provided their ultimate gift – a bequest of $6.1 million. We will forever be grateful for their model of generosity, a legacy for generations to come.