2016 Annual Report
Our Mission: To enrich the life of each senior we serve.
April, 2017
Working Together
The Terraces at Bonita Springs and the Renaissance at
The Terraces provide peace of mind to older adults.
Seniors value the on-site services, hospitality, safety
and security we provide. The Terraces at Bonita
Springs Foundation provides residents, families,
volunteers, friends and others the opportunity to
connect their passion with our mission through
philanthropy.
The Foundation amplifies the gifts of compassionate
donors to enrich the lives of seniors in our community by caring for seniors in need,
providing vital services and programs, ensuring state of the art homes and technology
and advancing exceptional associates.
2016 Accomplishments

Our associate scholarship fund awarded five $1,500-each grants to help associates
complete their education.

The first gifts were received for the Helping Hands/benevolent care fund, skilled
nursing fund and memory support fund

Added the first members to our new Legacy Society

2016 Annual Giving was up 306% over 2015 to $27,410

The number of donors was up and the number of gifts increased by 343%

We created the first-in-the-nation set of ethical standards of practice specifically
related to fundraising with seniors (see page 4)

Our website now includes Foundation newsletters, brochures and online giving
Our 2017 goal is to r aise at least $100,000 w h ile continuing to incr ease
the number of people supporting our non-profit mission through charitable
donations. UPDATE: We’ve already hit the 2017 goal and now hope to triple that
amount!! Thank you for your kind support!
Leading the way: Ethical fundraising with seniors — Page 4
2016 Annual Report
2016 Annual
Donor Listing
The Terraces at Bonita Springs
Foundation wishes to thank the
generous donors listed here who helped
enrich the lives of seniors in 2016.
Financials
Pre-audit figures for Th e Ter r aces
at Bonita Springs Foundation, a part of
SantaFe Senior Living Foundation,
Inc., show total net assets of just more
than $28,327. The money is restricted
for things like skilled nursing, memory
support and the associate scholarship
program. We believe in transparency.
If you’d like a copy of our completed
2016 audit, simply call 352-262-6510 or
email dkremer@
theterracesatbonitasprings.com.
Expenses
In 2016, SantaFe Senior Living
continued to pay the salary and benefits
of our Foundation Director so 100% of
the money you donated to The
Terraces at Bonita Springs Foundation
was used for the purpose you
selected!
FineMark National Bank & Trust
Genesis Wealth Management
UBS Matching Gifts
Anonymous (3)
Mrs. Virginia Aquino
Mrs. Samira Beckwith
Mr. Jeffrey Berry
Dr. Carol A. Blake
Dr. D.L. & Mrs. Mary Booher
Mr. Peter & Mrs. Sharon Breitinger
Mr. Arthur & Mrs. Judith Brown
Dr. William & Mrs. Lois Brown
Mrs. Adelaide Caldwell
Mrs. Dee Carter
Mr. Alan & Mrs. Faith Casey
Mr. Richard & Mrs. Jane Corn
Mary Beth Crawford, Esq.
Mr. Ed & Mrs. Shirley Smith
Mr. Ross & Mrs. Sharon Dickmann
Mr. Joseph Soucy
Ms. Gillian Draper
Mr. Michael & Mrs. Helen Stollmeyer
Mr. George & Mrs. Shirley Ebel
Mr. John Sullivan
Miss Teri Edelstein & Mr. Neil Harris
Mr. Carlton & Mrs. Marjorie Tronvold
Dr. Bernard & Mrs. Elaine Feldman
Mrs. Sandra Umlor
Miss Nancy Flatau
Mr. Sonny & Mrs. Karen Van Arsdale
Mr. Michael & Mrs. Sonja Gallagher
Mrs. Frances Vincent-Hess
Mrs. Rita Gibbons
Mr. Edward & Mrs. Patricia Waxer
Mr. Russell & Mrs. Margaret Gieselmann
Mr. William & Mrs. Kimarie White
Mr. John & Mrs. Dorothy Guigon
Mr. Troy & Mrs. Deb Hart
Mr. Manfred & Mrs. Anna Hirsekorn
Mrs. Julia Hollenbeck
Not listed? Remember this is a 2016
list. You’re invited to join our growing
list of supporters in 2017 and see your
name on our next list.
Mrs. Jacqueline Kelyman
Mr. Jeremy King
Legacy Society
Mr. David & Mrs. Joanne Kremer
Mrs. Jacqueline Lenard
Mr. Don & Mrs. Mary Lou Lewis
Mrs. Joanne McCartney
Mr. John & Mrs. Lorna McGrory
Mr. David & Mrs. Susan McPherson
Mr. Richard & Dr. Pamela Jo Mooney
Mr. Dave Moreland
Mr. Robert Niquette
Mr. Lloyd & Mrs. Midge Rauch
Mr. Jason & Mrs. Diane Scoggins
Mr. Scott & Mrs. Lisa Sieling
The Terraces at Bonita Springs
Foundation Legacy Society exists to
recognize and thank those who have
included a gift to The Terraces in their
will, trust or estate plan and to
encourage others to do so as well. Our
brand new society saw its very first
members join in 2016! We thank these
generous stewards for helping to enrich
the life of each senior we serve.
Anonymous
Coach Charlie & Mrs Shirley Hyke
1st in the Nation
Ethical Fundraising with Seniors
The Terraces at Bonita Springs Foundation
values the relationship w e have w ith you.
We know our interaction must be based on
honesty, trust and respect.
Because taking this high road is so important to
us, we spent more than a year working with
residents, volunteers, senior living experts and
other research sources to create something
special; the first-in-the-nation set of
standards of practice for ethical fundraising
with seniors.
The fundraising profession has national ethical
guidelines, but no such standards exist which
deal with issues that arise for fundraisers
working with older adults. Until now. We’re paving the way. As baby boomers age,
others will follow and the issue will gain more attention.
Through these best practices, we will live out our mission to enrich the life of each
senior we serve. You and your family are important to us. We take this seriously
because our vision is to be the trusted choice for seniors. The publication addresses
how we handle changes in mental and physical abilities that some of our aging donors
are experiencing.
Like to learn more? Y ou can view th is gr ound -breaking effort here:
https://www.theterracesatbonitasprings.com/foundation/ . Once you’re on the page,
just click the image of the document cover shown above.
Section V.c. of the publication talks about the 5 habits of highly effective seniors that
we’re working to promote to all of those we serve. Section VII. has 14 specific steps we
take to ensure the best interest of the seniors we interact with is always at the heart of
what we do. The addendum features more than 20 helpful links to more information
on legal, financial and ethical issues relating to older adults.
The Financial Perils of Dementia
How to help protect your loved ones. By Dave Moreland
It's no secret that Americans are living longer. But for many
people, increasing lifespans come with the loss of cognitive
function and even dementia. One of the key dangers for those
affected – and a major worry for their loved ones – is the
possibility that they could fall victim to financial fraud or
abuse. We thought it would help you to know how to protect
your own family from the financial effects of cognitive loss.
As with most things in life, the best way to help an aging parent or other family
member avoid financial difficulties brought on by dementia is to be proactive in your
planning efforts. Start talking with your loved one about personal finances while he or
she is still healthy or in the earliest stages of the illness. This will help build the trust
needed for a gradual transition in financial management, which is often crucial for
their financial well-being.
Early signs of cognitive loss
Besides changes in emotional and physical health, people with dementia lose their
capacity to perform the financial tasks of daily living. n fact, this may be the first
noticeable sign of the disease. Sadly, as the disease progresses, most people lose all
ability to manage their finances on their own.
Some of the signs that your loved one could be experiencing difficulty with personal
finances include trouble making change, paying for a purchase or calculating a tip;
forgetting t0 pay bills, losing payments or writing the same check multiple times;
finding new or strange purchases on credit card statements or new merchandise in
the home. Look for sudden changes in account balances, overdue payment notices,
discontinued utility, telephone or other services.
Taking action
You or other family members can take proactive steps if an elder is exhibiting signs
that he or she needs help managing financial affairs. Your financial advisor can
provide details on the steps you can take. These include visiting regularly, guarding
both the mail and trash, setting up automatic bill payments, having an inventory of
key documents, using the national do not call registry, discussing hazards and keeping
computers protected.
Continued...
Dementia and Finances
Continued...
Advanced protection strategies
Family members and caregivers must plan ahead for a time when a loved
one will no longer be able to make decisions. The most important thing is to
build consensus on the delegation of financial decision-making and to establish trusts
and other wealth protection strategies before serious problems surface.
Financial durable power of attorney (DPOA) - If you ever become ill and
incapacitated for a period of time, it is important to have someone (referred to
as your "agent" or "attorney-in-fact") authorized to make financial decisions on
your behalf. A financial durable power of attorney is the legal document in
which you designate your attorney-in-fact. Unlike a standard power or attorney
that becomes invalid upon your incapacity, the document may be made
"durable" so that it remains in force throughout incapacity until your death or
until it is revoked. Your designated agent will be able to pay bills, authorize
transactions and manage your overall financial affairs.
Revocable living trusts – A revocable living trust (RLT) is a legal document that
functions in much the same way as a will. You can appoint an individual to
administer your assets and outline how your assets are to be distributed. In the
event of incapacity, a RLT may be used to assign the responsibility for
management of trust assets to another individual (i.e., co-trustee or successor
trustee). In order for a revocable trust to work effectively, the trust must be
"funded." This means you will need to retitle your assets from your individual
name (or JTWROS, TIC, etc.) to your RLT.
These are just some of the ways you can help to protect your loved one's finances
should illness impair his or her ability to do so. Please contact a financial advisor for
help forging a more comprehensive plan.
Editor’s Note: David J. Moreland CRPC® is a Vice President of Wealth Management
at UBS. He is a Wealth Advisor and partner of Genesis Wealth Management at UBS.
David also proudly serves on the Planned Giving Committee of The Terraces at
Bonita Springs Foundation. You can reach him at 8000 Health Center Blvd, Ste 150,
Bonita Springs, FL 34135 - 239-277-3648.
http://financialservicesinc.ubs.com/team/genesis/index.html
SUDDENLY SINGLE!
What to think about when you are
suddenly alone to handle the financial
stuff. Please join us for lunch-n-learn
seminar on Th ur sday, Apr il 20th at
Noon at The Terraces at Bonita Springs
in the ‘PAC’ for this informative session
presented by Dennis Landfried and Billie
Ann Porter from FineMark National
Bank & Trust. RSVP is required to attend
Please call the concierge at
239-949-7555 to sign up.
The Joy of Living
People are happy living at The Terraces
and it shows in their generosity.
Recent Foundation updates:
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Consider Using
Your IRA as a
Charitable
Bequest
When planning a charitable gift in your
estate plan, consider the benefit of using
your retirement assets first. By naming a
qualified charity as a beneficiary of your
retirement plan, and utilizing the rest of
your estate for your heirs, it will reduce
the amount of overall income tax impact,
since qualified charities are exempt from
income tax on distributions. If you are
considering making a donation in your
estate plan to The Terraces at Bonita
Springs Foundation, this is a great tool
to use that benefits both you and the
residents of The Terraces. For more
information, ask your attorney or
financial advisor, or contact us at the
Foundation at (352) 262-6510 for more
information.
The first charitable gift annuity was
established at The Terraces!
Two more members have joined the
Foundation Legacy Society, a group
of those who have included a gift to
the Terraces in their will, trust or
estate plan
The number of donors is ahead of
the pace we need to achieve the goal
of increasing it by 25% this year
We’ve already hit the 2017 goal and
now hope to triple that amount!
Thank you!
Recent Memorial &
Honor Gifts
The Foundation is grateful for these
recent memorial and honor gifts
received since our last newsletter.
In Memory of Bob Frieler
Jacquie Lenard
In Honor of Rita Gibbons on her
Birthday
Lloyd and Midge Rauch
In Memory of Carolyn Smith
Frederick & Nancy Costello
In Memory of Gary Thompson
Jacquie Lenard
Our Vision: To be the Trusted Choice for Seniors
The Foundation amplifies the gifts of compassionate donors
to enrich the lives of seniors at The Renaissance & The
Terraces by car in g for sen ior s in n eed, pr o vidin g
vital services and programs, ensuring state of the art homes
and technology and advancing exceptional associates.
A copy of the official Florida Department of Agriculture and
Consumer Services solicitation of contributions registration
and financial information may be obtained from the division
of consumer services by calling toll free within the state:
1-800-HELP-FLA (435-7352) or visiting
www.800helpfla.com. If you no longer wish to receive
fundraising communications from us, simply call
352-548-3582 or email
[email protected] to let
us know. Please include the spelling of your
name and your address. Thank you.
Contact:
David A. Kremer, Dir.
26455 S Tamiami Trl
Bonita Springs, FL 34134
Office: 239-949-7561
dkremer@theterracesat
bonitasprings.com
Online:
theterracesatbonitasprings.com/
foundation/
SantaFe Senior Living Foundation, Inc. is doing business in
Bonita Springs as The Terraces at Bonita Springs Foundation.
The Terraces at Bonita Springs Foundation
26455 S Tamiami Trl
Bonita Springs, FL 34134