Planned Giving
Abraham Lincoln Marovitz Legacy of Justice Society
The Chicago Bar Foundation is honored to name its Legacy of Justice Society after the late Honorable Abraham Lincoln Marovitz.
“Everybody can’t do big things, but we all can do little things that help others.”
That phrase was one of the trademarks of the late Judge Marovitz, both in word and deed. Throughout his distinguished life and career, Judge Marovitz, or Judge Abe to the many who knew him, was a firm believer that financial need should not be a bar to dedicated young students who want to pursue careers in public service. He put his belief into action by funding the CBF Marovitz Scholarship.
Create Your Legacy of Justice
By making a planned gift to the CBF, you can make a distinct and lasting impact in building a more fair and accessible justice system for everyone in our community. Whether it’s through a gift in your will or trust, naming the CBF as a beneficiary of your retirement fund or insurance policy, or through other means, you can make our community a fairer and better place for many years to come. With a planned gift to the CBF, you can
Gift Planning Options
Consider these charitable gift planning option that integrate your personal, financial and estate planning objectives:
Wills and Trusts
Name the CBF as a beneficiary of your will or trust for a specific dollar amount or for a percentage of your estate or residuary estate.
Retirement Plan
Designate the CBF as a beneficiary of your IRA, 401(k) or other qualified retirement plan. You can leverage your retirement assets to benefit you and your family, reduce federal taxes and support the CBF far into the future.
Life Insurance Policy
Name the CBF as the beneficiary of your insurance policy and you will ensure a significant gift to the CBF after your lifetime.
Donor Advised Funds
As with a retirement plan, you can name the CBF as a beneficiary of your donor advised fund.
Appreciated Securities
Donate gifts of appreciated stock and receive significant tax benefits by avoiding the capital gains tax that otherwise would apply.
IRA Rollover
If you are 70½ years or older, you can transfer up to $100,000 directly from your IRA to the CBF tax-free. If you are at least 72, it will also count towards your required minimum distribution
A blended gift is a combination of a current gift of cash or appreciated securities and a commitment to make a future gift through your will, trust or other estate-planning vehicle. This type of planned gift will allow you to realize your philanthropic goals by ensuring long-term financial security for you and your family while also making an immediate impact in your community.
Recognizing Your Generosity
Abraham Lincoln Marovitz Legacy of Justice Society
The CBF Abraham Lincoln Marovitz Legacy of Justice Society is our way of acknowledging the generosity of our donors who have designated a planned gift to the CBF. Your example will help encourage others to consider making a similar commitment, and you also will have an opportunity to connect with other like-minded CBF supporters.
Join the Abraham Lincoln Marovitz Legacy of Justice Society
Celebrate the impact of your giving and stay informed of the CBF’s latest efforts to advance access to justice in our community. Contact Bob Glaves at bglaves@chicagobarfoundation.org.
Special Opportunites
Planned gifts can be designated for a specific purpose such as the funding of an award, fellowship, scholarship or special purpose fund to address critical and emerging needs or advance innovative initiatives through the CBF. Let us know of your interests and we will work with you on developing the gift that is best for you and will support the CBF for years to come.