(773) 989-9800
As a nonprofit Supportive Living Community, Friedman Place relies on support from the community to help us provide activities, programs and ‘extras’ that make our PLACE a home. Financial contributions to Friedman Place are tax deductible to the full extent allowed by law.
If you have a Donor Advised Fund (DAF) with Fidelity Charitable, Schwab Charitable, or the BNY Mellon Charitable Fund and would like to make a gift to Friedman Place, you can do so in the DAF Direct window below:
In-kind gifts such as new and gently used clothing, tickets to performances, and household amenities are greatly appreciated by residents. We regularly ask them what they would most like to receive from donors — you can see their answers by visiting their donation wish list below! This is a running list that features not uncommon items that are small luxuries for Friedman Place community members.
You can also make a contribution by mail:
FRIEDMAN PLACE
Philanthropy Department
5527 N. Maplewood
Chicago, IL 60625
Donor Privacy Statement
Friedman Place will not sell, trade or share a donor's personal information with any individual or organization or send donor mailings on behalf of any individual or other organization unless the donor has given Friedman Place specific, written permission to do so. Friedman Place provides this Donor Privacy Policy to inform our Donors of the way their information is used. We also provide our Donors – along with others who may receive any form of communication from Friedman Place - with the opportunity to remove their name from our mailing list, as well as to restrict or choose the mailings they wish to receive. Friedman Place’s website may contain links to third party websites. Friedman Place is not responsible for the privacy practices of these other websites. Each entity may also have its own privacy policy regarding donor information. We encourage all donors and/or users to learn about the privacy policies and practices of all websites and charities with which they are involved. It is not our desire to send unwanted mail or other communication to our donors. Please contact us if you wish to be removed from our mailing list.
MATCHING GIFTS
Many employers will match their employees' charitable contributions. It is worth asking your Human Resources department if your company has a Matching Gift Program, these programs are opportunities to make your gift go even further!
PLANNED GIVING
BEQUESTS
STOCK & REAL ESTATE GIFTS
LIFE INCOME VEHICLES
Bequests
Bequests have been an important source of support for Friedman Place. Many loyal friends have found that a bequest is a relatively easy way to ensure a future for our residents.
There are several ways to make a bequest or gift through your will to Friedman Place. The provision you choose will depend upon your circumstances, what type of property you wish to bequeath, and your other obligations.
SPECIFIC BEQUEST: You bequeath a specific sum of cash or other property for a program you name or for Friedman Place’s use where most needed.
RESIDUARY BEQUEST: In this case, you bequeath a specified percentage or all of the assets remaining in your estate after other expenses and bequests have been paid.
CONTINGENT BEQUEST: In this case, you direct that a specific amount or a percentage of your estate be paid to Friedman Place, only if your other beneficiary(ies) does(do) not survive you.
Stock & Real Estate Gifts
You may wish to give Friedman Place a gift of securities, including stocks, bonds, or mutual funds that have appreciated in value, or a gift of land or buildings. Gifts of publicly traded securities and real property provide you with a double tax benefit. First, you can avoid capital gains tax and, second, you can receive a charitable income tax deduction for the full fair market value of the gift.
Life Income Vehicles
There are several ways to make a gift to Friedman Place, and receive income payments for life.
CHARITABLE REMAINDER TRUST: Allows you to name one or more beneficiaries to receive income for life or for a term of years, after which the trust assets revert to Friedman Place.
CHARITABLE LEAD TRUST: Allows you to provide income to Friedman Place for a specified number of years, after which the trust assets revert to your heirs. This plan provides a unique means of passing assets to your loved ones while significantly reducing estate taxes.
