Ruth’s Table remembers fondly their friend and participant Chuck Raymond, who was an accomplished architectural designer with a love of creative expression. Chuck died in May of 2018 and made a significant gift in his will to support Ruth’s Table, leaving a legacy to creative aging.
Charles “Chuck” Raymond’s passions in life included design, architecture and an extensive network of close friends. Mr. Raymond graduated on full scholarship with honors from the University of Michigan, School of Architecture. He established a well-respected architectural firm, Raymond Designs of Atlanta, Georgia, concentrating for 30 years on commercial airport retail.
Long-time friend Jerry Brown, Covia Senior Director of Affordable Communities, recalls meeting Chuck through a mutual friend who was on his staff as an interior designer. “Chuck was like Cary Grant,” Jerry recalls. “He was debonair, intelligent, and loved the arts, fashion and design.”
Chuck also loved to travel, visiting museums and enjoying the cuisine and culture from London to Paris, Barcelona, Malta, Australia, New Zealand, and Buenos Aires. Jerry remembers the New Year’s Eve dinner and fireworks he shared with Chuck in 2005 at Jules Verne atop the Eiffel Towers. “We also shared family Thanksgiving dinner in 2009 at Windows of the Worlds atop New York’s World Trade Center,” Jerry recalls.
Chuck retired to Palm Springs in 2017 and, through his friendship with Jerry, discovered the range of programs supporting creative expression at Ruth’s Table at Bethany Center. Chuck was an avid art collector with special interest in Salvador Dali and Andy Warhol. At Ruth’s Table, he purchased two pieces from the gallery showing of artist Jennifer Ewing’s “Spirit Boats,” meant to symbolize passage and metaphysically hold a person as they journey.
Ruth’s Table Director Jessica McCracken remembers fondly that Chuck participated in the Ruth’s Table community production of its 50th Anniversary artwork “Crochet Jam” by artist Ramekon Artwisters. The piece hangs in the lobby of Bethany Center. “Through it we’ll always have a little bit of Chuck’s spirit with us,” she said.
Jerry noted that Chuck will be remembered by residents, participants, staff, and board members for his love of the arts, fashion, puns, cuisine and world travel that he connected with the diverse seniors of Bethany Center and Ruth’s Table.
Chuck’s estate gift to the Bethany Center Foundation will help support programs at Ruth’s Table that bring people together in creative expression, inspiring Bethany Center residents in creativity and wellness exercise to stimulate the brain, the body and the spirit.
If you have included Covia Foundation or the Bethany Center Foundation in your will or estate plan, please let us know so that we can say thank you. For information on how to include a program or community you care about in your will or estate plan, please contact Covia Foundation Executive Director Katharine Miller at 925.956.7414 or email@example.com. We’d love to help you make a difference, supporting something you care about.
Happy National Estate Planning Awareness Week! Estate planning is an often overlooked but important part of maintaining financial wellness. The financial aspects of estate planning include assessing your personal situation, creating a will and possibly a trust, planning for disposition of accounts (like life insurance or retirement accounts), naming a power of attorney, gift planning, and much more. It’s important to regularly review your plan and keep it updated so that it relates to your current life situation.
In honor of this week, we’re sharing some gift giving tips from the Covia Foundation that directly relate to estate planning. Check out these tips, consult your advisors, and remember to regularly review your personal estate plan to make sure it is accurate and up to date.
Make a Gift Through Your Will
When people think about estate planning, writing a will is what often comes to mind. A will is an important tool to make sure your wishes are carried out after your death – including gifts to your favorite charitable organizations.
One of the most common gifts in a will is a gift of a specific dollar amount. Another common approach is to leave a percentage of the balance of your estate that is left after specific gifts are made to family members (this is generally called a residuary gift). Every gift, no matter how small or large, can make a difference.
A will can be easily amended with language (referred to as a codicil) to include a gift to a charitable organization.
Individual Retirement Account Gifts
If you leave your Individual Retirement Account to a child or loved one, you also leave them with the obligation to pay taxes on the money that is distributed from the IRA. You, too, must pay taxes on the money you are required to withdraw for your IRA each year—but recent tax policy changes mean you can make charitable gifts today with those funds and they won’t increase your taxable income.
Once you are over the age of 70.5, you are required to make minimum distributions from your IRA. Instead of taking the funds directly, you can direct your IRA trustee instead to make a payment to a charity (or charities) directly from your IRA account. These qualified charitable distributions (up to the $100,000 maximum per year) are not added to your gross income, so they are not taxable to you.
Even if you do not itemize deductions on your 1040 personal income tax return, you’ll come out ahead making charitable gifts this way. Just be sure you complete these qualified charitable donations from your IRA before the end of the calendar year.
You can leave a gift to charity from an IRA, 401(k), or other qualified retirement plan using a ‘beneficiary designation.’ Generally, you fill out a simple form with your plan administrator naming the charitable organization as a beneficiary of a death benefit payable under the retirement plan.
The designated portion will be paid directly to the organization, not to your estate, and is not designated by a will. Paying these benefits directly to charity means that neither the estate nor any beneficiary of the estate are subject to income tax attributable to the retirement plan.
Charitable Gift Annuity: The Gift that Gives Back
What if you want to make a charitable gift in your will but don’t know how much you might be able to commit? A Charitable Gift Annuity (CGA) can be a tax-smart way to benefit both you and your community. This gift plan allows you to make a charitable gift today that provides you with regular fixed income. After your death, this gift goes to the cause you care about. Because the payment rate is fixed based on your age, your income will never change and a portion of your payment could be tax free. (As an example, the rate for someone aged 81 is 7.5%)
A Charitable Gift Annuity offers other tax planning benefits. The gift annuity provides you an immediate income tax deduction in the year it is established and you can bypass capital gains tax if you fund the gift with appreciated stocks. Plus, you get the joy of planning your legacy today. With the Covia Foundation, you can choose to have your gift used where it is most needed, to support your retirement community, or to help a program you care about.
It is always best to consult with your legal, tax, and/or financial advisors before making any significant change to your will or estate plan. If you are interested in learning more about estate planning, have any questions, or are considering a gift to the Covia Foundation, please contact Katharine Miller, Covia Foundation Executive Director, at 925-956-7414 or firstname.lastname@example.org.
A poet since she was a young child, San Francisco Towers resident Sally Love Saunders’ eyes light up when she talks about helping others get in touch with their creativity. “I’m doing it for me because I enjoy it,” she says. Sally has been a poet, poet-in-residence and teacher of poetry in a wide range of situations — with kids in schools, in senior centers, and at migrant labor camps. She was instrumental in developing poetry therapy and worked in Philadelphia mental hospitals as a Certified Poetry Therapist for many years.
Sally has six published books of poetry and her work has appeared in The New York Times, Times International, The London Times, The Denver Post, and among over 300 other anthologies, magazines and newspapers. Her lesson plan for teaching poetry writing was published in The Christian Science Monitor.
She has shared poetry all her life. From her young days growing up on a farm in Bryn Mawr, Pennsylvania, to her college years on the East Coast, she would muse to herself, “What can I pass on to others?” The answer was poetry. She received many grants to take poetry into underserved areas such as Appalachia and inner-city libraries in Philadelphia, to mention a few.
Her family, like many, is far flung and she was looking for connection with others when she discovered Covia’s Well Connected program. She participates in Well Connected programs, has taught poetry to some Well Connected presenters, and has been a generous supporter of Well Connected creativity programming with a gift to the Covia Foundation.
She has also shared her poetry presentations throughout other Covia communities — visiting Spring Lake Village in Santa Rosa, Webster House in Palo Alto, St. Paul’s Towers in Oakland, and Presidio Gate Apartments in San Francisco. She looks forward to presenting again at San Francisco Towers this Fall and working with Bethany Center residents in San Francisco soon. She does this all as a volunteer.
It is serendipitous that she relocated to the West Coast. After college, as she was traveling to Japan to study haiku, she had a layover in San Francisco. “As soon as I stepped out of the plane and enjoyed the coastal air, I knew I wanted to live here,” she says.
For many years, she lived a few blocks from San Francisco Towers and saw it under construction as it rose to its current place overlooking the City skyline. Over the years, she got to know people and staff from the Towers from poetry workshops. Now, as a resident, “I am a very happy camper.”
*This article was previously published in the Summer 2019 edition of Community Matters
On August 3rd, over 170 residents from Covia Communities gathered at Spring Lake Village for the fourth annual Circle of Friends luncheon. This summer luncheon raises awareness for and supports the Circle of Friends Fund, which provides assistance to Covia life plan community residents who have outlived their resources.
This year’s luncheon pulled from the theme of the Golden State of California for food and decoration inspiration. Executive chefs and their staff from St. Paul’s Towers, San Francisco Towers, and Spring Lake Village prepared a four course meal that spanned everything from heirloom tomatoes with burrata and aged balsamic to a princess cake paired with coffee and tea. Beyond the luncheon, attendees participated in a raffle and wine pull with wine donated from Covia executive staff, the Circle of Friends planning committee, and Kendall Jackson Wineries.
The Circle of Friends luncheon wouldn’t be possible without the hard work of the planning committee, which is made up of Covia Communities residents, members of the Covia Foundation and partners from Morrison Community Living. Committee members are brought together by their desire to raise awareness for the Circle of Friends Fund.
Committee member and Spring Lake Village resident Patricia Wilson notes, “when we signed up to help out on organizing the first Circle of Friends luncheon in 2016, it was simply the contagious enthusiasm of creating an event to enlarge the Circle — the Circle of Friends. Then each successive year, it has been the creative challenge to increase the participation in the Circle. It has gone from ‘creating an event’ to ‘how can we increase the awareness of what the Circle of Friends means and does.’ The best part, we are always thinking, ‘what can we do better?’”
The Circle of Friends Fund helps Life Plan residents who have outlived their resources to pay their residential fees. Residents who receive support are on average in their 90s, have lived in a Covia community for over 16 years and are primarily single, having outlived their partners. Part of Covia’s promise is that residents will be provided with support whenever they need it, and the Circle of Friends Fund is one way Covia helps fulfill this promise within the communities.
In attendance at the event was Van Moller, an acclaimed pianist and long-time resident of Spring Lake Village, who delights the community with weekly performances. Moller, who says, “moving to Spring Lake Village in 2004 gave me the opportunity to play and sing more than at any other time in my life”, has created a DVD of his piano performances, now available as a thank you gift for those who donate to the Circle of Friends Fund. This gift is an extension of Moller’s enjoyment of “sharing his love of music with neighbors and friends at Spring Lake Village.”
This year’s Circle of Friends luncheon was a rousing success from the participation by the communities to the delicious meal crafted by Morrison Community Living chefs. If you are interested in giving to the Circle of Friends Fund, please visit www.covia.org/giving.
The 8th Annual Celtic Cup Golf Tournament and Gala Reception brought together more than 220 guests to raise a quarter of a million dollars to support services for seniors in need. Thanks to our many sponsors, golfers and community friends who joined us at Berkeley Country Club and made this year’s tournament the best yet!
“The energy of the day was truly remarkable,” says Katharine Miller, Executive Director of the Covia Foundation. “We couldn’t do this without the enthusiasm and involvement of the many people who partner with Covia to promote life-changing services for seniors.”
Over 200 corporate and individual participants, including our title sponsor City Building, Inc., supported the event. The sold-out golf tournament on the cool and sunny course provided scenic bay views throughout the day. Mike Acosta, Vince Baldwin, Steve Baldwin, and Bob Giarusso won the tournament in a playoff against Barry Johnson, Jenny Noymany, Mark Marshall, and John Durham.
The evening auction, hosted by Liam Meyclem from KCBS’ Eye on the Bay, provided its own entertainment as participants tried to outbid each other for a Farm to City Private Dinner at San Francisco Towers or an evening with Covia CEO Kevin Gerber. The auction raised more than $80,000, with almost half coming from fund-a-need bidding to support Covia Community Services and Covia Affordable Communities as attendees learned the stories of seniors whose lives have been touched by Covia through a video created for the event.
For going above and beyond in their service to seniors and senior living, and their generous support to Covia over the years, the team from Morrison Community Living was the recipient of this year’s Celtic Cup.
“It was a successful event,” says Miller. “But more importantly, the funds we raised make a difference, ensuring that seniors have a safe home and remain connected with the greater community. We’re grateful for the generosity of all who attended.”
You can see photos of the event in an album on our Facebook page.
The Covia Foundation’s 8th Annual Celtic Cup golf tournament, dinner and live auction takes place Monday, April 29th at the historic Berkeley Country Club. Funds raised by the event will support affordable housing and programs to reduce social isolation, provide for immediate needs and emergencies, and improve food security for seniors. Registration is now open.
The Berkeley Country Club, located in the hills above the Bay with three bridge views, has a personal connection to Covia: Mike Westall, the President of the Board, resides with his wife at St. Paul’s Towers, a Covia Life Plan Community in Oakland, California.
The golf course, designed by famed architect Robert Hunter in 1920, was fully restored in 2011, receiving the first ever Award for Excellence from the prestigious American Golf Architects Association.
This year’s Gala Dinner and Live Auction will be hosted by Liam Mayclem, Emmy Award-winning Co-Host of CBS Eye on the Bay and the KCBS Foodie Chap. He and his partner recently opened Noe’s Cantina in San Francisco.
Liam recently visited Oak Center Towers, a Covia Affordable Community, to see Covia’s services in action. “In a short time, Liam was able to meet several residents, some of whom recognized him from his media work. I can tell he’s going to bring a really personal touch to the event,” says Julie Hoerl, Covia Foundation Development Manager.
Mayclem is also contributing personally to the live auction. “He told us that he loves to do auction items that bring donors together with the mission,” Hoerl says. “In addition to providing a private event at his restaurant, he offered to host a dinner at a Covia Affordable Community for auction winners and seniors who live at the community. He’s even going to provide the recipe for his family’s Shepherd’s Pie.”
Other Live Auction items include a Hawaii getaway, Wine Country weekends, and hard-to-come-by sporting event tickets.
The gala dinner and auction will take place in the Berkeley Country Club’s English Tudor-style clubhouse, a historic building fully restored in 2002, with panoramic views of the Bay.
Funds raised from the event support Covia’s Affordable Housing and Community Services programs, offering housing and services for low-income or isolated seniors. In the past, funds raised from the Celtic Cup have helped open new Market Day locations, supported needed life-safety improvements in Affordable Senior Housing, and provided emergency funding for low income seniors.
Golf registration is available for individuals and foursomes and includes the evening reception, dinner and live auction. Evening-only tickets are also available. Individuals or foursomes can register online. Space is limited. For more information, visit CelticCup.org or contact the Covia Foundation at 925.956.7448.
The Covia Foundation recently announced the recipients of the 2018 Darby Betts grant funds.
Established in 2005 as a partnership between Covia and the Episcopal Diocese of California, the Darby Betts fund supports services and programs that benefit seniors in the Episcopal Dioceses of California, Northern California, and El Camino Real.
In 2018, the fund was able to disburse $71,000 among 15 organizations, with grant amounts ranging from $2,500 to $10,000.
Grant recipients and programs for 2018 are:
- Church of the Epiphany, Vacaville: Community Meals program
- Church of the Good Shepherd, Salinas: Senior Lunch program
- Correctional Institutions Chaplaincy Ministry, Milpitas: Inmate Glasses Project
- Covia Community Services: Market Day Senior Nutrition program
- Episcopal Community Services, San Francisco: Canon Kip Senior Center
- Gubbio Project, San Francisco: Day Respite and Breakfast Program
- Holy Child and St. Martin, Daly City: Senior Connections
- Lavender Seniors of the East Bay, Oakland: Caregiving Support Group
- The Living Room, Santa Rosa: Link Lane House
- Meals on Wheels Diablo Region, Walnut Creek: Fall Prevention Program
- Monument Crisis Center, Concord: Senior Nutrition and Wellness program
- Redwood Empire Food Bank, Santa Rosa: Senior Food Security and Hunger Relief
- River City Food Bank, Sacramento: Most Important Meal Program
- Senior Access, San Rafael: Financial Aid for Memory Care Day Program
- Trinity Center, Walnut Creek: Day Shelter
Father Darby Betts was the visionary behind the Covia communities and services that serve seniors, wherever they call home. To qualify for the Darby Betts grant, organizations must operate on a nonprofit basis and demonstrate a clear and dedicated focus on services and programs that benefit older adults living throughout the region covered by the three Episcopal Dioceses in Northern California – from its northern border down to San Luis Obispo. The grants are determined by a committee of representatives from the Episcopal Impact Fund and Covia.
Planning to make end of year donations to support the causes you care about? This year’s tax law changes will make a difference in the way those charitable gifts are treated, with an implication for your 2018 taxes and for the year to come. As you do make your final donations of the year, it’s also a good time to consider your plans for next year’s charitable giving.
While the primary motivation for most charitable gifts is a desire to make a difference, not simply tax breaks, good financial planning leaves more for charitable gifts. Donors are paying attention to the impact of the new tax law – and making plans to maximize the difference their gifts can make. The Covia Foundation offered several workshops this year on maximizing your charitable contribution and offers the following strategies you can use for your own planning purposes.
The new tax law that went into effect for 2018 nearly doubles the standard deduction to $12,000 for individuals and $24,000 for married couples filing jointly. That means fewer Americans will itemize deductions on their tax returns – including charitable gifts.
Using tax-smart giving strategies can allow some donors to give more and enable others to grow their initial contributions tax-free until funds are disbursed to designated organizations:
One strategy is to donate appreciated assets such as stocks or real estate directly to a charity. Donors receive the fair-market value of the asset at the time of the gift as a charitable deduction – without incurring the capital gains tax they would face if selling an appreciated asset outright. The charity then liquidates the asset and puts the funds to work to make a difference.
IRA CHARITABLE ROLLOVER:
Taxpayers over the age of 70 ½ can plan a Qualified Charitable Distribution from their Individual Retirement Accounts (IRA). Diverting some or all of the required minimum distribution from an IRA can provide financial benefits. While the distribution doesn’t count as a charitable deduction, it also doesn’t add to the donor’s adjusted gross income – which can reduce income taxes (and possibly Medicare premiums). Up to $100,000 annually may be requested as a Qualified Charitable Distribution.
DONOR ADVISED FUNDS:
Donors can make several years’ worth of charitable gifts in cash or appreciated assets to a donor-advised fund. This strategy can provide an immediate tax deduction on the amount contributed and allows the donor to direct gifts from the fund each year to the charities he or she supports.
Charities are able to continue their work in good part because of the support of people who care about making a difference. Planning ahead gives you the opportunity to make an even bigger impact with your charitable dollars. Generosity combined with knowledge can make all the difference in the world.
If you would like to attend a future charitable giving forum, please contact Michelle Haines, Covia Foundation Development Associate, at email@example.com. And to join our effort to provide life-changing support for seniors, please visit our secure online donation page.
The 7th Annual Celtic Cup was a huge success thanks to so many people who care. On May 21st, more than 200 people joined the Covia Foundation at the Orinda County Club to raise more than $220,000 to provide life-changing services for seniors.
All of us want to share our deepest gratitude to all of our supporters. Your support will help seniors living in Covia’s Affordable Housing communities as well as those living in their own homes throughout the Bay Area. The funds from the Celtic Cup provide vital services such as nutrition, emergency assistance and a community of support for thousands of low-income and isolated seniors.
Fore! Golfers Out In Force
It was a beautiful day on the picturesque Orinda Country Club course. More than 120 golfers brought their best game on a picture perfect day. Congratulations to this year’s tournament winners!
1st place: Dennis Colvin, Al Climent, Jeff Hyer, Michael Ofstedahl.
2nd Place: David Chin, Terry Gilmore, John Fradelizion, Ken Keeney.
3rd Place: Matt Baldwin, Wally Baldwin, Bill Gilmartin, Steve Spina.
Kudos to the course contest winners!
- Closest to the Pin – Men: Dave Ring
- Closest to the Pin – Women: Ginni Henri
- Most Accurate Drive – Men: Dave Costello
- Most Accurate Drive – Women: Dee Ann Campbell
Celtic Cup Presented to Long-time Supporters
Special thanks to the recipients of the 2018 Celtic Cup, Bill and Connie Ring. The Celtic Cup honors those who have provided dedicated support to the Covia Foundation in its service to seniors. Bill and his wife Connie helped kick off the inaugural Celtic Cup in 2012 and Bill has served as emcee of the evening gala and live auction for seven years running. President and CEO Kevin Gerber presented the Rings with the Celtic Cup to conclude the gala dinner. Congratulations, Bill & Connie!
Click here to find more photos from this year’s Golf Tournament and Gala Dinner.
Thank you, Sponsors, Staff, and Friends
Many thanks to our 2018 Gold Sponsors:
And to our generous Silver Sponsors:
City Building, Inc.
Morrison Community Living
Nelson T. Lewis Construction Co., Inc.
T.C. Castle Construction, Inc.
Join Us Next Year!
We hope you’ll join us for the 8th Annual Celtic Cup in 2019. If you have any questions about this year’s event, please contact Michelle Haines at 925.956.7448 or visit our website at celticcup.org. Find out more about the Covia Foundation, what we support, and how to give here.