Cottage Grove Foundation
Explore
Giving That Builds Our Community
Monthly fees defer the day-to-day expenses of our operating budget here at Cottage Grove Place, but many programs and services would not exist or thrive without donor-supported funds. Our non-profit foundation offers a convenient vehicle for residents and families to support the community and the staff who serve them through philanthropy.
Many Ways to Give
From immediate gifts of cash or securities to legacy plans through wills, trusts, or life insurance, there are many ways to support the Cottage Grove Place Foundation.
Whether you’re giving today or planning for tomorrow, your generosity helps us enrich lives and strengthen our community for generations to come.
Education & Enrichment
Your gift supports health and wellness initiatives, educational workshops, and entertainment programs.
Campus Improvements
Donations help us maintain and enhance beautiful, functional spaces for living and connecting.
Greatest
Needs
This fund provides immediate support for unforeseen expenses or unique opportunities, ensuring Cottage Grove Place can respond when it matters most.
Hobbies & Activities
From our flourishing gardens to our fully equipped woodshop, donor gifts keep resident hobbies and interests thriving for years to come.
Let’s Talk About Your Legacy
Every gift is unique, and we’d love to help you explore the giving option that’s right for you. Whether you’re considering an immediate donation or planning for the future, our team is here to answer questions and guide you through the possibilities.
FAQs
Learn More About The Cottage Grove Place Foundation
What is the Cottage Grove Place Foundation?
Gifts may support resident programming, wellness and cultural activities, campus enhancements, staff scholarships, or other needs identified by leadership and the Foundation Board.
How are donations used?
The Foundation offers several dedicated funds that allow donors to choose where their gift makes the most impact. These include the Greatest Needs Fund (for unexpected opportunities or expenses), the Woodshop Fund, the Garden Fund, the Flower Fund, the Memory Care Fund, and the Friends Fund (supporting residents who have outlived their resources or experienced unforeseen financial loss). Each fund directly enhances the lives of Cottage Grove Place residents in unique ways.
Is my donation tax deductible?
Yes. As a not-for-profit 501(c)(3) organization, gifts to the Foundation are generally tax-deductible. We encourage donors to consult with their financial advisor.
Do I need to make a large gift to support the Foundation?
Not at all. Every contribution, no matter the size, makes a difference. Many residents choose to give smaller monthly amounts as part of their residence fees, while others arrange for a gift to be made after their lifetime through estate planning. Whether it’s a one-time donation, a recurring contribution, or a planned legacy gift, your generosity directly supports our community.
What types of donations are accepted?
The Foundation offers a variety of ways to give, so you can choose the option that best fits your financial goals and legacy plans. Common methods include:
- Cash or Securities – Gifts that are immediately available to support programs and residents.
- Wills & Living Trusts – Planned gifts that ensure your generosity continues after your lifetime.
- Entrance Fee Designation – Donating a portion (50%–80%) of your return-of-capital entrance fee agreement, paid after death.
- Charitable Gift Annuities & Charitable Remainder Trusts – Options that provide income during your lifetime while benefiting Cottage Grove Place in the future.
- Life Insurance – Naming the Foundation as a beneficiary to receive all or part of a policy’s payout.
- Charitable Lead Trusts – “Lending” assets to the Foundation for a specific period of time.
- Life Estate – Retaining use of your home during your lifetime while gifting the property to the Foundation in the future.
No matter the method, each contribution helps ensure Cottage Grove Place remains a place of peace, stability, and enrichment for generations to come.
How can I set up a planned gift?
Our Foundation team can work with you and your financial advisor to design a legacy gift that aligns with your goals and ensures long-term impact.
Where Giving Enriches Living
Your generosity helps us enhance our programs, amenities, and activities. From wellness initiatives and cultural events to creative workshops, every gift enriches the lifestyle our residents enjoy each day.
Find the Giving Method That Works for You
Every donor’s situation is unique, which is why the Foundation offers a variety of ways to give.
- Cash or Securities
- Wills & Living Trusts
- Charitable Gift Annuities
- Charitable Remainder Trusts
- Life Insurance
- Charitable Lead Trusts
- Life Estate
- Entrance Fee Designation
Senior Living Resources
Answers & Insights for Your Journey
Whether you’re just starting to explore options or narrowing down your next step, we’re here to help you make the right move.
Voted Best Independent Living by U.S. News
Voted Best Short-Term Rehabilitation by U.S. News
Is It The Right Time For Senior Living?
Learn about your options and get personalized results in about 4 minutes.
Independent Living Through the Eyes of a Cottage Grove Place Resident
The reasons people decide to move into an independent living community are as varied as the communities themselves, though there are some common themes. In some cases, the…