{"id":2244,"date":"2021-10-29T23:24:53","date_gmt":"2021-10-29T23:24:53","guid":{"rendered":"https:\/\/ilym.org\/ilym\/?page_id=2244"},"modified":"2024-05-15T18:24:52","modified_gmt":"2024-05-15T18:24:52","slug":"supportingilym","status":"publish","type":"page","link":"https:\/\/ilym.org\/ilym\/supportingilym\/","title":{"rendered":"Supporting ILYM"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h5 class=\"wp-block-heading has-text-align-left\"><strong> Use the following donate button<\/strong> <strong> to quickly make a one time or recurring online donation to ILYM.<\/strong> <\/h5>\n\n\n\n<p class=\"wp-block-paragraph\">You may also want to review &#8220;Part 2: Donating money to ILYM&#8221; below for other giving options.<\/p>\n\n\n\n<div style=\"padding: 10px; text-align: center;\">\n<a style=\"display: inline-block; font-family: SQ Market, SQ Market, Helvetica, Arial, sans-serif; font-size: 18px; line-height: 48px; height: 48px; color: #ffffff; min-width: 212px; background-color: #a2be74; text-align: center; box-shadow: 0 0 0 1px rgba(0,0,0,.1) inset; border-radius: 6px;\" href=\"https:\/\/checkout.square.site\/merchant\/D48ZVQRHQ6N8R\/checkout\/2AYBMEMOGTRIL3BQZFZKMCPL?src=embed\" target=\"_blank\" data-url=\"https:\/\/checkout.square.site\/merchant\/D48ZVQRHQ6N8R\/checkout\/2AYBMEMOGTRIL3BQZFZKMCPL?src=embd\" rel=\"noopener\">Donate to ILYM<\/a><\/div>\n<p style=\"text-align: center;\">&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Considerations for Giving to Illinois Yearly Meeting<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><em>The following information was prepared by the ILYM Development Committee with assistance from others in the yearly meeting and certain professionals. The goal is to let Friends know basic details of the various ways that individuals can support Illinois Yearly Meeting. The material here is meant to guide readers in reaching their own decisions. Before making significant decisions, it may be advisable to consult with appropriate professionals who are familiar with your own finances and have current information about these matters.<\/em> <\/p>\n\n\n\n<p class=\"has-text-align-center has-small-font-size wp-block-paragraph\"><strong>Click block\/title to expand\/contract section and read content<\/strong><\/p>\n\n\n\t\t\t\t\t\t\t<h3 style=\"margin-bottom:20px;display:block;width:100%;margin-top:10px\"> <\/h3>\r\n\t\t\t\t\t\t<style>\r\n\t\t\t\t<style>\r\n#wpsm_accordion_2259 .wpsm_panel-heading{\r\n\tpadding:0px !important;\r\n}\r\n#wpsm_accordion_2259 .wpsm_panel-title {\r\n\tmargin:0px !important; \r\n\ttext-transform:none !important;\r\n\tline-height: 1 !important;\r\n}\r\n#wpsm_accordion_2259 .wpsm_panel-title a{\r\n\ttext-decoration:none;\r\n\toverflow:hidden;\r\n\tdisplay:block;\r\n\tpadding:0px;\r\n\tfont-size: 18px !important;\r\n\tfont-family: Open Sans !important;\r\n\tcolor:#000000 !important;\r\n\tborder-bottom:0px !important;\r\n}\r\n\r\n#wpsm_accordion_2259 .wpsm_panel-title a:focus {\r\noutline: 0px !important;\r\n}\r\n\r\n#wpsm_accordion_2259 .wpsm_panel-title a:hover, #wpsm_accordion_2259 .wpsm_panel-title a:focus {\r\n\tcolor:#000000 !important;\r\n}\r\n#wpsm_accordion_2259 .acc-a{\r\n\tcolor: #000000 !important;\r\n\tbackground-color:#e8e8e8 !important;\r\n\tborder-color: #ddd;\r\n}\r\n#wpsm_accordion_2259 .wpsm_panel-default > .wpsm_panel-heading{\r\n\tcolor: #000000 !important;\r\n\tbackground-color: #e8e8e8 !important;\r\n\tborder-color: #e8e8e8 !important;\r\n\tborder-top-left-radius: 0px;\r\n\tborder-top-right-radius: 0px;\r\n}\r\n#wpsm_accordion_2259 .wpsm_panel-default {\r\n\t\tborder:1px solid transparent !important;\r\n\t}\r\n#wpsm_accordion_2259 {\r\n\tmargin-bottom: 20px;\r\n\toverflow: hidden;\r\n\tfloat: none;\r\n\twidth: 100%;\r\n\tdisplay: block;\r\n}\r\n#wpsm_accordion_2259 .ac_title_class{\r\n\tdisplay: block;\r\n\tpadding-top: 12px;\r\n\tpadding-bottom: 12px;\r\n\tpadding-left: 15px;\r\n\tpadding-right: 15px;\r\n}\r\n#wpsm_accordion_2259  .wpsm_panel {\r\n\toverflow:hidden;\r\n\t-webkit-box-shadow: 0 0px 0px rgba(0, 0, 0, .05);\r\n\tbox-shadow: 0 0px 0px rgba(0, 0, 0, .05);\r\n\t\tborder-radius: 4px;\r\n\t}\r\n#wpsm_accordion_2259  .wpsm_panel + .wpsm_panel {\r\n\t\tmargin-top: 5px;\r\n\t}\r\n#wpsm_accordion_2259  .wpsm_panel-body{\r\n\tbackground-color:#ffffff !important;\r\n\tcolor:#000000 !important;\r\n\tborder-top-color: #e8e8e8 !important;\r\n\tfont-size:16px !important;\r\n\tfont-family: Open Sans !important;\r\n\toverflow: hidden;\r\n\t\tborder: 2px solid #e8e8e8 !important;\r\n\t}\r\n\r\n#wpsm_accordion_2259 .ac_open_cl_icon{\r\n\tbackground-color:#e8e8e8 !important;\r\n\tcolor: #000000 !important;\r\n\tfloat:right !important;\r\n\tpadding-top: 12px !important;\r\n\tpadding-bottom: 12px !important;\r\n\tline-height: 1.0 !important;\r\n\tpadding-left: 15px !important;\r\n\tpadding-right: 15px !important;\r\n\tdisplay: inline-block !important;\r\n}\r\n\r\n\t\t\t\r\n\t\t\t<\/style>\t\r\n\t\t\t<\/style>\r\n\t\t\t<div class=\"wpsm_panel-group\" id=\"wpsm_accordion_2259\" >\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse1\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-minus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tQueries and questions on giving\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse1\" class=\"wpsm_panel-collapse collapse in\"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<ul>\r\n<li>What are you doing to advance the message of the Religious Society of Friends?<\/li>\r\n<li>How do your religious beliefs influence the ways you spend money?<\/li>\r\n<li>How are you helping support the future of our religious communities?<\/li>\r\n<li>What are the ways that you are able to support the corporate leadings of our religious community?<\/li>\r\n<li>Are you helping to develop future leaders for the Religious Society of Friends?<\/li>\r\n<li>Have you considered making plans for long-lasting support of ILYM?<\/li>\r\n<li>Do you value and listen to the leadings of other Friends?<\/li>\r\n<\/ul>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse2\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tPart 1: It is not just money \u2013 other ways to support ILYM\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse2\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p><strong>Joining<\/strong>: Membership in a local monthly meeting includes membership in ILYM. Each monthly meeting provides financial support to the yearly meeting based on its discernment. These funds have historically provided about 60% of ILYM's annual operating budget.<\/p>\r\n<p><strong>Attending<\/strong>: All monthly meeting members are welcome at Yearly Meeting and Continuing Committee sessions and will foster ILYM's decisions and direction. ILYM owns a site near McNabb, Illinois where annual sessions are held.<\/p>\r\n<p><strong>Volunteering<\/strong>: Volunteers are needed for childcare at sessions, care and improvement of the yearly meeting facilities, and preparation for yearly meeting activities and sessions. Yearly meeting committees are charged with various tasks and the Nominating Committee is always interested in learning names of potential committee members. The Nominating Committee also recommends people for appointment as ILYM representatives to other Quaker organizations. Expenses you might incur as a volunteer are reimbursed by ILYM, or you can receive acknowledgment of a charitable gift should you choose not to be reimbursed.<\/p>\r\n<p><strong>Contributing<\/strong>: Individual contributions are necessary to support the annual budget of ILYM. Friends contribute as they are able. There are many ways to make such contributions. The other sections of this Support page describe many of these ways and explain how to get further information. Recent (2020-2023) history indicates that individual contributions provide about 25% of the annual operating budget and almost all the funds for long term care and improvement of the ILYM campus near McNabb. These years have been somewhat unusual and the percentage for prior years was somewhat less.\u00a0<\/p>\r\n<p><strong>Charitable status information<\/strong>: Illinois Yearly Meeting of Friends is incorporated in Illinois under the General Not for Profit Corporation Act and, as a church, it is automatically tax exempt under the Internal Revenue Code section 501(c)(3). Consequently, ILYM is not required to apply for and obtain a formal letter recognition of tax-exempt status from the IRS. All gifts to ILYM are considered \u201ccharitable contributions\u201d for federal tax purposes. As it is a church, all gifts to ILYM may result in tax advantages for donors who qualify.<\/p>\r\n<p>The corporate name of the yearly meeting is <em>Illinois Yearly Meeting of the Religious Society of Friends<\/em>.<\/p>\r\n<p>\u00a0<\/p>\r\n<p>Send questions to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse3\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tPart 2: How to donate money to ILYM\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse3\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p><strong>Check<\/strong>: Checks payable to \u201cIllinois Yearly Meeting\u201d can be sent to the office address: Illinois Yearly Meeting, 5615 S Woodlawn Ave, Chicago IL 60637.<\/p>\r\n<p><strong>Credit card<\/strong>: Use the Donate at the top of this page to be redirected to the secure payment processing page. Note that ILYM will be charged a fee of about 3% of the indicated contribution. The payment screen allows for one-time or monthly contributions that you can change at any time.<\/p>\r\n<p><strong>Direct bank transfer<\/strong>: Create an online one-time, monthly, quarterly, or annual contribution through your bank\u2019s bill pay service (usually low- or no-cost to you). First, check your financial institution\u2019s web site or ask them for instructions about using their online bill payment feature to send gift(s)\u2014as you direct and schedule\u2014to Illinois Yearly Meeting.<\/p>\r\n<p>For recurring contributions, please obtain the postal address from the current Treasurer via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>. One-time contributions can be mailed to the office address in the Questions and Contacts Information section below.<\/p>\r\n<p>If an account number is required for setup, simply type your family or last name. At this time, the BillPay mechanisms result in paper checks automatically printed and mailed to ILYM. In the future, ILYM may be able to establish a profile to receive these contributions electronically.<\/p>\r\n<p><strong>Unreimbursed expenses for volunteer and travel services<\/strong>: Should you incur expenses while doing volunteer work for ILYM (materials, travel, lodging, meals, etc.), ILYM provides reimbursement. If you choose, you may forego some or all of the reimbursement, and ILYM will acknowledge that amount as a charitable gift. Submit your expense documents or affirmation to a Treasurer and indicate your preference of full or partial reimbursement.<\/p>\r\n<p>\u00a0<\/p>\r\n<p>Send questions to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse4\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tPart 3: Donating stocks and other financial instruments\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse4\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p>Stocks and financial instruments can be donated directly to ILYM. There are tax advantages to directly transfer such items to the yearly meeting, rather than sending the proceeds of their sale to the yearly meeting. When you arrange the transfer, ILYM receives the instruments via its Friends Fiduciary account. Friends Fiduciary executes the sale and deposits the liquidated proceeds into the ILYM investment accounts.<\/p>\r\n<p>Contact an ILYM Treasurer via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a> for instructions regarding such contributions.<\/p>\r\n<p>\u00a0<\/p>\r\n<p><strong>Useful information<\/strong>:<\/p>\r\n<p>The corporate name of the yearly meeting is<em> Illinois Yearly Meeting of the Religious Society of Friends<\/em>.<\/p>\r\n<p>As it is a church, all gifts to ILYM qualify for tax treatment that may provide tax advantages for donors who qualify.<\/p>\r\n<p>\u00a0<\/p>\r\n<p>Send questions to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse5\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tPart 4: Some special benefits for IRA recipients\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse5\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p><strong>Donating a portion of distributions made from IRAs<\/strong>. If you are over 70\u00bd and have an IRA, then you can make a \u201cQualified Charitable Distribution\u201d (QCD) to ILYM from your IRA. If this is done correctly then the amount of the contribution that is counted as a Required Minimum Distribution (limited to $100,000) will not be taxable income for the donor and that amount will also be counted towards fulfilling the annual \u201cRequired Minimum Distribution\u201d from the IRA. A QCD check is always made payable directly to the charity receiving the donation and is often sent by the IRA custodian directly to the charity receiving the donation.<\/p>\r\n<p>The rules for QCDs are complex. Be sure to contact your financial advisor and\/or your IRA custodian so that your donation satisfies the appropriate IRS regulations. There are two faith-based financial services organizations that understand and support Quaker financial testimonies that may also provide information, advice, and assistance: Friends Fiduciary (<a href=\"https:\/\/www.friendsfiduciary.org\/\" target=\"_blank\">www.friendsfiduciary.org<\/a>) and Everence (<a href=\"https:\/\/www.everence.com\/\" target=\"_blank\">www.everence.com<\/a>).<\/p>\r\n<p>QCDs should be made payable to \u201cIllinois Yearly Meeting\u201d and sent to the office address in the Questions and Contacts Information section below. Because many custodians of IRA funds do not include the name of the donor on the check to the charity, an advance notice of the amount, source, and complete donor information needs to be sent separately to the ILYM Treasurer via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse6\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tPart 5: About planned giving: wills, major gifts, naming ILYM as a beneficiary, etc.\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse6\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p>In your contribution decisions please keep in mind that ILYM is not able to offer specific legal, tax or financial advice on these matters. Contribution restrictions vary by state tax laws. The 2018 federal tax changes have also had a major impact. Please consult an attorney and\/or qualified financial advisor for information applicable to your situation.<\/p>\r\n<p>AFSC has documented considerable helpful information about planned giving (<a href=\"https:\/\/legacyofpeace.afsc.org\/\">legacyofpeace.afsc.org<\/a>).<\/p>\r\n<p><strong>Beneficiary designation<\/strong>: You can include ILYM as beneficiary (or one of several beneficiaries) of a life insurance policy, an IRA, or a retirement account. Multiple primary beneficiaries may be named, assigning to each a fraction of the assets or a specific amount.<\/p>\r\n<p>For information contact your financial advisor or your broker. There are two faith-based financial services organizations that understand and support Quaker financial testimonies that may also provide advice and assistance: Friends Fiduciary (<a href=\"https:\/\/www.friendsfiduciary.org\" target=\"_blank\">www.friendsfiduciary.org<\/a>) and Everence (<a href=\"https:\/\/www.everence.com\" target=\"_blank\">www.everence.com<\/a>).<\/p>\r\n<p><strong>Bequest language in a will<\/strong>: Bequests may be made by a will you can draw up, usually with the assistance of an attorney. Bequests can be as large or as small as you desire and can be set up as a fixed amount or as a percentage of your estate. Part 6 below contains some cautions regarding restricted gifts. It should be carefully read and understood before making any bequest.<\/p>\r\n<p><strong>Planned giving<\/strong>: Those interested in establishing a donor advised fund, a charitable gift annuity, or a charitable remainder trust should consult with their tax and financial advisors. It may also be helpful to contact Friends Fiduciary (<a href=\"https:\/\/www.friendsfiduciary.org\" target=\"_blank\">www.friendsfiduciary.org<\/a>) or Everence (<a href=\"https:\/\/www.everence.com\" target=\"_blank\">www.everence.com<\/a>) for assistance.<\/p>\r\n<p>\u00a0<\/p>\r\n<p>Send questions to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse7\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tPart 6: ILYM policies regarding donor privacy and large or restricted gifts\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse7\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p><strong>Donor privacy<\/strong>: ILYM does not share donor information with any other organization except when required to receive or acknowledge a donation to ILYM. Aggregate contribution information is made available to the yearly meeting and is used for normal budgeting tasks. Individual donor information is not published but will be shared with certain committees and officers. Note that the policy regarding donor privacy will not apply to gifts made after the death of the donor.<\/p>\r\n<p>The full policy, \u201cPolicy Regarding Access to and Use of Contribution and Donor Information,\u201d can be found in Section Five: Specific Practice and Policies of the\u00a0<a href=\"https:\/\/ilym.org\/ilym\/publications\/\" target=\"_blank\">ILYM handbook.<\/a><\/p>\r\n<p><strong>How gifts Are used<\/strong>: Most gifts are given for general operating purposes and are made use of as determined by the business meeting of the yearly meeting, usually through the approved budget. Gifts can also be given for a specific purpose if the yearly meeting has established a restricted fund for that purpose. For purposes\/projects not currently defined by the yearly meeting or in the budget, please discuss your leading with the Development Committee so your giving can properly be facilitated.<\/p>\r\n<p><strong>Unrestricted gifts<\/strong>: Gifts that are unrestricted are preferred. Unrestricted gifts to ILYM will be applied to current needs of the yearly meeting. Yearly meeting budgets are determined by a regular budget discernment process. Preliminary budgets are developed by the Finance Committee; final budgets must be approved by the business meeting of the yearly meeting. To lessen large fluctuations in income, all large unrestricted gifts are recorded in the Unrestricted Reserves Fund and will normally be used over several years.<\/p>\r\n<p><strong>Restricted gifts<\/strong>: A restricted gift can be made to existing special funds of ILYM. The only example currently is the Property Improvement Fund, for major restorations of existing buildings and construction of new buildings. Restricted funds complicate the financial reports and are subject to strict legal and financial accounting rules, therefore will only rarely be established as approved by ILYM as part of its regular budget discernment process.<\/p>\r\n<p>ILYM actions and expenditures are governed by the community of ILYM Friends and not by specific individuals. Gifts that are restricted for projects that have not been approved by ILYM will normally be returned to the donor. It is a good idea to discuss the designation language for potential restricted gifts in advance. The Finance and Development Committees welcome such discussions.<\/p>\r\n<p>\u00a0<\/p>\r\n<p>Send questions to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse8\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tQuestions and Contacts Information\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse8\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<p><strong>Question about giving and supporting ILYM<\/strong><br \/>may be directed to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us page<\/a>.<\/p>\r\n<p><strong>Questions for the Treasurer<br \/><\/strong>may be directed to the Treasurer via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\" rel=\"noopener\">Contact Us page<\/a>.<\/p>\r\n<p><strong>Comments about or suggestions for improvement of this Supporting ILYM page<\/strong><br \/>may be directed to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\" rel=\"noopener\">Contact Us page<\/a>.<\/p>\r\n<p><strong>Those who would like to talk with a member of the Development Committee<\/strong> <br \/>may send a request to the Development Committee via the <a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\" rel=\"noopener\">Contact Us page<\/a>.<\/p>\r\n<p>\u00a0<\/p>\r\n<p><strong>Send contributions and print correspondence<\/strong> to the ILYM office address:<\/p>\r\n<p style=\"padding-left: 40px\" align=\"left\">Illinois Yearly Meeting<br \/>5615 S Woodlawn Ave<br \/>Chicago IL 60637<\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"#wpsm_accordion_2259 \" href=\"javascript:void(0)\" data-target=\"#ac_2259_collapse9\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tDownload PDF of this Information\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_2259_collapse9\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<h4><strong>Two formats are available for downloading and use.<\/strong><\/h4>\r\n<p>&nbsp;<\/p>\r\n<p><strong> 8.5 x 11 format:<\/strong><\/p>\r\n<p>This can be printed single-sided or two-sided\/duplex on letter-sized paper.<\/p>\r\n<p><strong><a href=\"https:\/\/ilym.org\/ilym\/wp-content\/uploads\/2024\/05\/SupportILYM_ltr.pdf\" target=\"_blank\">Download 8.5 x 11 format <\/a><\/strong><\/p>\r\n<p>&nbsp;<\/p>\r\n<p><strong>Pamphlet format:<\/strong><\/p>\r\n<p>This should be printed on letter-sized paper, two-sided\/duplex, landscape, flipped on short edge. Fold in half with the cover page on the outside\/top to create a 8.5 x 5.5 pamphlet.<\/p>\r\n<p>If printing more than one copy, choose collate.<\/p>\r\n<p>To create a pamphlet with a color cover, print pages 1-2 on color paper and pages 3-6 on white paper (note these are the full sheet pages of the PDF file, not the page numbers of the pamphlet that appear at the bottom of each half of the sheet page.<\/p>\r\n<p>If pages get out of order after printing, fold them in half with the lowest page number on top and then assemble in order of the top folded page (cover, p.1, p. 3).<\/p>\r\n<p><strong><a href=\"https:\/\/ilym.org\/ilym\/wp-content\/uploads\/2024\/05\/SupportILYM_wb.pdf\" target=\"_blank\">Download 8.5 x 5.5 pamphlet format<\/a><\/strong><\/p>\r\n<p><em>Note: Meetings can contact the Administrative Coordinator (<a href=\"https:\/\/ilym.org\/ilym\/contact\/\" target=\"_blank\">Contact Us<\/a>) to get copies of the printed stapled pamphlet.<\/em><\/p>\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\r\n<script type=\"text\/javascript\">\r\n\t\r\n\t\tfunction do_resize(){\r\n\r\n\t\t\tvar width=jQuery( '.wpsm_panel .wpsm_panel-body iframe' ).width();\r\n\t\t\tvar height=jQuery( '.wpsm_panel .wpsm_panel-body iframe' ).height();\r\n\r\n\t\t\tvar toggleSize = true;\r\n\t\t\tjQuery('iframe').animate({\r\n\t\t\t    width: toggleSize ? width : 640,\r\n\t\t\t    height: toggleSize ? height : 360\r\n\t\t\t  }, 250);\r\n\r\n\t\t\t  toggleSize = !toggleSize;\r\n\t\t}\r\n\t\t\r\n<\/script>\t\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\">Created 5\/2022; Minor modifications 9\/2023, 5\/2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Use the following donate button to quickly make a one time or recurring online donation to ILYM. You may also want to review &#8220;Part 2: Donating money to ILYM&#8221; below for other giving options. Donate to ILYM &nbsp; Considerations for Giving to Illinois Yearly Meeting The following information was prepared by the ILYM Development Committee with assistance from others in the yearly meeting and certain professionals. The goal is to let Friends know basic details of the various ways that individuals can support Illinois Yearly Meeting. The material here is meant to guide readers in reaching their own decisions. Before making significant decisions, it may be advisable to consult with appropriate professionals who are familiar with your own finances and have current information about these matters. Click block\/title to expand\/contract section and read content Created 5\/2022; Minor modifications 9\/2023, 5\/2024<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2244","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/pages\/2244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/comments?post=2244"}],"version-history":[{"count":46,"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/pages\/2244\/revisions"}],"predecessor-version":[{"id":3034,"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/pages\/2244\/revisions\/3034"}],"wp:attachment":[{"href":"https:\/\/ilym.org\/ilym\/wp-json\/wp\/v2\/media?parent=2244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}