When hearing the words “planned giving” or “endowment” what comes to mind? Most likely well-established families making large gifts to hospitals or universities. However, did you know you can make a planned gift to the United Way of Greater Cincinnati Foundation to provide United Way the long-term financial stability and flexibility to continue to build a stronger, healthier community for years to come?
One local couple was recently honored for their planned gift to United Way of Greater Cincinnati.
Bill Montague and Kelly Wittich received recognition this past June at the Greater Cincinnati Planned Giving Council’s 19th annual Voices of Giving Awards. The awards honor local area philanthropists who have made a bequest or planned gift to one of a variety of local charitable organizations.
“Both Bill and Kelly exemplify dedication to our community through their generous outpouring of time, talent and treasure in both their professional and personal lives,” said MaryAnn Remke, director, planned giving United Way of Greater Cincinnati. “By making this undesignated planned gift, Kelly and Bill partner with future leaders in finding new solutions to old problems and investing in the most collaborative, effective opportunities.”
Bill is an Attorney at Law with the firm Frost Brown Todd LLC. As a partner in the firm’s estates, trusts, and wills practice group, Bill assists clients with estates, gifts, and charitable giving planning, administration, and taxation.
Kelly, a former Court Appointed Special Advocate (CASA) volunteer with United Way’s partner agency, ProKids, has contributed to the important work of youth stability, one of United Way’s key focus areas. Having served as ProKids’ Board of Trustees President for several years, she recently stepped down, but continues to serve as board member.
Gifts to the Foundation can be made in honor of, or in memory of someone, and can be perpetuated in a variety of ways, including designating United Way a beneficiary of a retirement account, designating United Way in your will (making a bequest) or making United Way the beneficiary of a life insurance policy, which is how Bill and Kelly chose to make their gift.
“Working in financial fields, life insurance is a very economical way to create a substantial gift that will continue to take care of those things that are important to us,” said Montague.
The Foundation essentially acts as United Way of Greater Cincinnati’s savings account, and is a great way to leave a legacy and touch as many people as possible. Think of it as a philanthropic savings account or 401 K – there for special opportunities, emergencies and continuing to touch people in our community now and into the future.
Over the past year, the Foundation has distributed more than $4,000,000 for the important work in our community.
For example, memorial endowments helped support a variety of causes including housing and care for children with behavioral problems — to providing food, clothing, and shelter to people who are in need.
Interested in leaving a legacy by making a planned gift? Contact MaryAnn Remke at 513-762-7112 or MaryAnn.Remke@uwgc.org.