Development’s
Mission
 The
Development Office provides the financial and funding resources
necessary to support Pennybyrn at Maryfield’s mission and
overall dedication to the spirit of graceful living.
Our office constantly works to nurture and procure funding sources
that will secure Pennybyrn’s financial stability, now and
for the future.
Thank you for considering a donation to Pennybyrn at Maryfield.
Please contact me to learn about ways to give, how to set up memorials
to honor loved ones, how to make life income arrangements and how
to receive tax benefits from giving.
Edward Cordick, Director of Development, 336-821-4020
ecordick@pbmccrc.com
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Giving to Pennybyrn at
Maryfield
Pennybyrn at Maryfield shares its heritage with the community around
it, which has embraced the Sisters and their mission for six decades.
Since the Sisters first embarked on their calling here, the people
of High Point and the Piedmont Triad have welcomed them and supported
their mission with their prayers and their financial gifts.
Because of the community’s continuing generosity, Pennybyrn
at Maryfield has become one of the Triad’s most trusted elder
care facilities and now looks toward the future with innovative
concepts of caring for elders for years to come.
You too, can support Pennybyrn at Maryfield with your gifts.
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Ways to Give to Pennybyrn
at Maryfield
 Gifts
to Pennybyrn at Maryfield are tax-deductible to the full extent
of the law. The Development Office will help you plan a gift that
will both honor your specific area of interest and meet special
care needs making your gift meaningful to you and your family. You
may also earmark your gift to one of the programs listed below.
We thank you for allowing Pennybyrn at Maryfield to benefit from
your generosity.
For more information, call the Development Office at 336-821-4020
Pennybyrn at Maryfield Capital Campaign
Pennybyrn at Maryfield is in the midst of the most exciting time since we first began our mission of caring for elders in 1947. We are making revolutionary changes in the way we care for older adults. These changes are moving us away from the traditional modes of treatment to methods that are revolutionizing the elder care environment. These changes will make the Maryfield Health Care Households feel more like a neighborhood and less like an institutional nursing home. The new concepts in care will make Pennybyrn at Maryfield the model for elder short- and long-term care for not only the East Coast, but for the whole nation.
In making this conceptual change in caring for our residents, we are planning a number of physical changes to our campus. The changes will enlarge our residents’ rooms and enhance our community areas. These changes will even improve our already exceptional care, and most importantly, the quality of life for our residents.
Our senior leadership as well as the Development Director are available to talk with you in detail about these monumental plans for Pennybyrn at Maryfield and how you can become a vital part of the Capital Campaign.
**Click on the links below to see
diagrams of our campus and our community areas:
Ways to Contribute to the Capital Campaign
- Gifts of Cash- Donors may make their gifts by writing a check,
making a pledge, paying in cash or even donating online.
- Gifts of Stock or Securities
- Electronic Fund Transfer
- Matching Gifts
The Resident Care Fund, Our Annual Campaign
 The
Resident Care Fund assists Pennybyrn at Maryfield’s skilled
nursing residents who have exhausted their own financial resources.
This fund was established so these residents would be able to continue
receiving the same quality of service, care and life enhancement
as the residents who still have financial resources available.
The Resident Care Fund serves to address the financial gap between
Medicaid coverage and the actual cost of medical care here. These
funds go directly into resident care and services. Each year over
$700,000 in resident care is underwritten by Pennybyrn at Maryfield.
Gifts to this annual campaign help to offset the cost of this care.
Annual Levels of Giving
Pennybyrn at Maryfield welcomes your annual gifts. They are a sustaining
part of Pennybyrn at Maryfield’s future.
Please
click here to open our printable Annual Giving donation form.
The Unrestricted Fund
Unrestricted gifts allow the most flexibility for Pennybyrn at Maryfield to use the gift where there is the most need.
Employee Recognition Fund
Gifts to the Employee Recognition Fund allow families to honor employees
who go above and beyond the call of their job of caring for our
loved ones. Pennybyrn at Maryfield uses these funds for special
employee recognition events.
Pennybyrn at Maryfield Endowment Fund
The Endowment is Pennybyrn at Maryfield’s savings account
for the future. The principal of all gifts to the Endowment remains
untouched while the money earned from investments in the Endowment
supports our mission to serve the elderly on a yearly basis. A gift
to the Endowment Fund is a gift that will last for generations to
come.
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Pennybyrn at
Maryfield Heritage Society
The Pennybyrn at Maryfield Heritage Society is made up of individuals
who have made deferred gifts to support the mission of Pennybyrn
at Maryfield. Gifts that are planned for the future are what make
non-profit organizations like Pennybyrn at Maryfield able to continue
into perpetuity. The ability to forecast gifts and be able to make
budgetary projections based on this knowledge is very helpful to
the strength and future of our organization. For a limited time,
those notifying us of a charitable bequest will become charter members
of the Heritage Society.
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Other Giving
Opportunities
A host of giving opportunities are available at Pennybyrn at Maryfield. Our Development Staff is readily available to discuss these opportunities with you:
Gifts of Life Insurance
When appropriately arranged, life insurance offers an attractive way to benefit Pennybyrn at Maryfield. If you wish to support Pennybyrn at Maryfield through a gift of life insurance, you will find numerous advantages. To do this, talk with your insurance professional.
Gifts of Real Estate
The outright gift of a parcel of appreciated land or other real estate is a method that may offer considerable tax savings, and the gift is immediately available to Pennybyrn at Maryfield. Please speak with the Director of Development about potential real estate gifts.
Retained Right to Use Real Estate
A special provision in the federal tax law permits a contributor to transfer ownership of a personal residence or farm to Pennybyrn at Maryfield and still retain the full use of the property while receiving a current income tax deduction.
Gifts with Retained Use
Life Estate Agreement
A life estate agreement is an arrangement whereby you transfer the title to a personal residence, farm or yacht to charity while retaining the right to occupy and otherwise enjoy the full use of the property for your choice of a term of years of the lifetime of one or more individuals.
Gifts Opportunities Which Provide Income to You
To calculate the deduction of your preferred charitable contribution, click on the links provided after each option.
Charitable Gift Annuity
A charitable gift annuity enables you to transfer cash or marketable securities to the charitable organization issuing the gift annuity in exchange for a current income tax deduction and the organization’s promise to make fixed annual payments to you for life. Annuity payments can begin immediately or can be deferred to some future date.
Charitable Remainder Annuity Trust
A charitable remainder annuity trust is a custom designed and individually managed trust that enables you to retain a fixed income for your lifetime or a fixed term of years, claim a current income tax deduction and make a future gift to charity.
Planned Gifts
A Will
At your death, a will assists your personal representative in distributing your assets to other people or to a charity. If you do not have a will, you are powerless over how your assets are distributed. Instead, the laws of the state where you reside, the state in which you spend most of your time, register to vote and hold your driver’s license, determine how your assets are divided.
Revocable Living Trust
A revocable intervivos or “living” trust is an important part of the estate plan of many people. Intervivos means “during life,” which is when the trust is established. Revocable means that the creator (also known as the grantor) of the trust can change the terms of the trust or revoke it completely during his or her lifetime. Assets in trust are not part of your will. They are transferred according to the instructions in the trust document at the time of your death.
Power of Attorney
A general power of attorney permits the holder of the power to act on behalf of another individual – the grantor – and lapses upon the grantor’s incompetence. A durable power of attorney survives the incompetence of the grantor and allows the holder of the power to act. This document can be used when a grantor lapses from competence to incompetence for periods of time.
Living Will or Health Care Proxy
By creating a living will, you can articulate your beliefs on life-sustaining measures. With a health care proxy, you can name a trusted individual to make health care decisions if you are unable to do so. The health care proxy is used only for medical purposes. Like a living will, the health care proxy states when life-support equipment should be disconnected and medical efforts should cease.
Gifts that Provide Income to Charity
Charitable Lead Annuity Trust
A charitable lead annuity trust is a custom designed and individually managed trust that enables you to give a fixed annual amount to charity of either a fixed term of years of the life of one or more individuals.
Upon conclusion of the measuring term, the trust terminates and, according to the terms of trust instrument, distributes its remaining assets (called the remainder interest) back to you or to one or more individuals that you have specified.
Charitable Lead Unitrust
A charitable lead unitrust is a custom designed and individually managed trust that enables you to give a variable annual amount to charity for a fixed term of years or the life of one or more individuals.
Upon the conclusion of the measuring term, the trust terminates and, according to the terms of trust instrument, distributes its remaining assets (called the remainder interest) back to you or to one or more individuals that you have specified.
To Make a Gift
To make a gift to Pennybyrn at Maryfield or to discuss any questions about giving opportunities, please call our Development Office at 336.821.4020
You may also contact us by e-mail at ecordick@pbmccrc.com
Pennybyrn at Maryfield
Development Office
Attn: Edward Cordick
1315 Greensboro Road
High Point, NC 27260
Phone: 336.821.4020
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Questions & Answers
Regarding Development and Plan Giving
Q: Why is it important for me to provide Pennybyrn at Maryfield
Development Office with information about my bequest or deferred
gift?
A: Information about your bequest or deferred gift
is of tremendous benefit to Pennybyrn at Maryfield as we plan for
the future. If the Development Office is aware of as many components
of future funding as possible, a plan can be developed to enhance
the high quality of care for which we are known.
Q. What benefit does Pennybyrn at Maryfield receive from
finding out about my gift?
A: Gifts encourage gifts. News of your generosity
will inspire other residents, families and friends of Pennybyrn
at Maryfield to make similar commitments.
Q: How will this documentation benefit me?
A: You are a valuable member of the Pennybyrn at
Maryfield family. Pennybyrn at Maryfield would like to recognize
your commitment and show your generosity. Additionally, you will
be invited to activities hosted by Development and will be included
as a member of the Pennybyrn at Maryfield Heritage Society. Your
commitment will service as a source of inspiration to others.
Q: Will I have any input as to how my gift will be used?
A: You will have the opportunity to state how you
want to make a difference to Pennybyrn at Maryfield. Guidelines
for each gift are outlined in a document. After consultations with
you, this document is written by the Pennybyrn at Maryfield Development
Staff and allows you the opportunity to name the gift, define its
purpose, define the amount of the income and establish a fund, if
so desired.
Q: Is the information I provide kept confidential?
A: Yes, we take issues of confidentiality very
seriously. Only after we have received your written authorization
do we include your name as a donor in any Development publication
or press release. As you would expect, all information that you
provide to the Development Office is kept in the strictest confidence.
You will decide who should get the information and how much information
they will receive regarding your gift.
Q: What if my financial situation changes?
A: We recognize that your bequest is revocable
and that your needs and financial situation may change in the future.
By providing us with this information, you are giving the community
an opportunity to better plan for the future. We value your support
of Pennybyrn at Maryfield and will continue to work with you to
ensure your wishes are carried out.
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Volunteer Opportunities
The success of Pennybyrn at Maryfield can be directly traced to
the generous support of individuals and organizations that have
graciously supported us since 1947.
We invite you to help us make a difference in the lives of our elders
by volunteering. Our Staff is ready to discuss the many volunteer
opportunities that await at Pennybyrn at Maryfield.
Edward Cordick, Director of Development and Community Relations
336-821-4020, click
here to send an email.
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