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The Victoria Home Endowment
The Victoria
Home Endowment Fund was established many
years ago, thanks to the vision of our
founders, the Daughters
of the British Empire.
The Victoria Home Endowment Fund is a pool
of invested funds
that generates steady, ongoing
income for the Home. This income supports the
Home’s operating budget and provides
funds for projects of special urgency.
The Home requires an endowment fund because
room and board revenues and third party reimbursement
rates do not cover the full cost of caring
for our Residents. Without the income from
the endowment, the cost of resident care would
be prohibitive.
Over 80 years of care have been provided to
Victoria Home residents as a result of gifts
to the Endowment Fund. Through charitable gifts
to the Fund, you can help continue this tradition.
How To Make a Gift
Victoria Home benefactors generally use cash
or securities to make gifts to the Endowment
Fund. Other ways of giving include:
• Remembering Victoria Home in your Will
• Gifts in Memory of Others
• Gifts of Appreciated Property
• Gifts of Personal Property
• Designating Victoria Home as a beneficiary
of a retirement account
• Designating Victoria Home as a beneficiary
of a life insurance policy
Tax Treatment
Because Victoria Home is a tax-exempt organization
under Section 501(c)(3) of the Internal Revenue
Code (IRC), donors may deduct their contributions
as provided for in Section 170 of the IRC.
Bequests, legacies, devises, or gifts to
us for our use are deductible for Federal
estate
and gift tax purposes if they meet applicable
provisions of the Internal Revenue code.
Please consult with
your tax advisor.
Where To Send your Gift
If you are interested in supporting the Victoria
Home Endowment Fund, please write, call or
email us at:
Victoria Home
25 North Malcolm Street
Ossining, NY 10562
(914) 941-2450
Fax: (914) 941-2962
Email: Phyllis
Bianco
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