The Geneva Foundation of Presbyterian Homes.
The Geneva Foundation serves as the philanthropic arm of Presbyterian Homes, a not-for-profit family of senior living communities.
Programs and services are funded to respond to the needs of residents and campus locations. Donor involvement and investment are vital to the advancement of this mission. Through these partnerships, the foundation supports the benevolence, growth and enhancement of our campus locations, creates new and innovative programs, and builds lasting legacies. Scholarships and aid to staff in emergency situations are also provided.
Who makes up the Geneva Foundation? The Geneva Foundation relies on the generosity of donors, residents, families, employees, friends and those in our surrounding neighborhoods to transform lives and enrich our Presbyterian Homes communities. Through the Geneva Foundation, each one of us can find a way to inspire, strengthen and support each other in community.
What is the Geneva Foundation?
The Geneva Foundation is the charitable arm of Presbyterian Homes. It serves to separate the main business interests of Presbyterian Homes from its charitable mission. The Geneva Foundation was established to create a distinction between the fees for services residents pay for living in a Presbyterian Homes community and the donations they and others give to support those served through the mission of Presbyterian Homes.
What is the mission of the Geneva Foundation?
Your financial adviser, family foundation, attorney or donor-advised fund manager may request a mission statement from the organization you wish to support. Presbyterian Homes, a faith-based not-for-profit, creates vibrant communities for older adults that inspire wellness, independence, joy and security — enriching the lives of residents and their families. The Geneva Foundation transforms lives by enriching our Presbyterian Homes communities through generous and responsible philanthropy.
Are gifts to the Geneva Foundation tax-deductible?
Yes. The Geneva Foundation is recognized by the IRS as a 501(c)(3) organization. Our federal tax identification number is 71-0945228. According to the IRS, donors may deduct contributions to the Geneva Foundation of Presbyterian Homes as provided in section 170 of the tax code.
Where will my money go when I write a check to the Geneva Foundation?
If your gift is undesignated, the money will serve the operations of our charitable mission. Each month the Geneva Foundation receives a bill for charitable services provided at each Presbyterian Homes community. Charitable donations are used to satisfy those expenses and, therefore, are not absorbed by the community. No charitable services are added to the costs of being a resident; all support is raised through traditional methods of fundraising and earnings on endowments.
Can I just write a check to the specific Presbyterian Homes community?
To ensure we’re the best steward of your gift and to be transparent about their utilization, the board of directors has mandated that all charitable giving should flow through the Geneva Foundation to maintain an auditable, measurable trail of charitable giving and work. You can be assured that any gift you designate to a specific purpose will be used according to your wishes. Responsible stewardship of gifts is our utmost priority.
What is the New Hope scholarship?
This scholarship is a resident-funded and resident-driven program, with the purpose of awarding academic and vocational scholarships to employees of Presbyterian Homes. The scholarship is available to Presbyterian Homes employees through the generosity of donors to the Geneva Foundation. Each New Hope program has its own uniquely designated fund, which is never commingled.
What is the Woman’s Board of Presbyterian Homes?
The Woman’s Board is a group of volunteers, which has been essential to Presbyterian Homes since our beginnings. The Woman’s Board has naturally evolved over the last 100 years to continue to serve in various essential positions, including transport, wellness visiting, doctor visit drivers and much more. The Woman’s Board operates the Avenue of Shops at Westminster Place. Revenue generated from these shops supports the overall charitable mission and various projects at Westminster Place.
Do you accept gifts of stock?
Absolutely; you will need the following information to proceed with a gift of stock or securities.
For wire transfers, send to:
The Northern Trust Company, DTC No. 0226
Geneva Foundation of Presbyterian Homes Account No. NT2122147
Our EIN federal tax ID number: 71-0945228. Our DLN number: 17053216010033
Please include this language with your authorization: “The purpose of this transfer is a gift of securities to the Geneva Foundation of Presbyterian Homes.” You may also indicate a designation of your gift. It is also highly recommended that you inform us directly when you plan a transfer so that we can properly designate and acknowledge your gift in the shortest time possible.
My neighbor passed away and designated the Geneva Foundation for memorials. Is the family notified of my gift?
Yes, there are many residents and family members who designate the Geneva Foundation for memorials or in lieu of flowers. When memorial gifts are received, we thank the donor with a special letter and also send a memorial notification card to the family of the deceased. This is done so the family is aware of your thoughtfulness. Only your name and address are shared on the notification card, not the amount of the gift.
How do I make a gift using my resident declining balance account?
Residents can use their declining balance account to make a gift to the Geneva Foundation. These donors become a “Partner in Giving” with the foundation. All donations made through declining balance accounts are for the benefit of the Geneva Foundation’s Annual Giving Fund. These funds are used in areas of greatest need for the charitable mission of Presbyterian Homes. A donation form may be obtained from your campus executive director’s office or the concierge desk and must be completed by the Tuesday before your designated Friday rollover into the next month.
How many staff members are there at the foundation? What is the percentage of fundraising costs vs. national averages? Where is the office located?
Including Todd Swortzel, president and CEO of Presbyterian Homes, there are five full-time employees of the Geneva Foundation.
The percentage of fundraising costs, or the cost of operating the foundation, is 7%. This low percentage reflects prudent oversight of budget and staffing levels compared to the national average of 25%.
The foundation has an office on each of the three campus locations. However, the corporate office is located at 8707 Skokie Blvd., Suite 400, Skokie, Illinois 60077. The telephone number is 847-979-3922.