The Gift of an Endowment Repays
Endowment: The Gift That Keeps Giving
“I truly believe that I have become a better person since coming to Normandie Ridge,” says resident Betty Petrick. “Every day I see examples of courage, faith, friendliness and caring.”
It was those qualities and her desire to leave a mark on what she describes as a community that has “given me a life to celebrate in my waning years,” that led Betty in 2022 to establish an endowment that will commence upon her death.
For Betty this method of giving is preferable to making gifts in smaller blocks to “assorted friends, relatives, and charities,” because it ensures that her gift “will truly make a difference.”
During her 11 years at Normandie Ridge, Betty, who recently celebrated her 100th birthday, has supported many campus initiatives. These include the environment and benevolent care. Betty’s desire to “make a difference,” and to assure that her great love for the community will live on, led her to create the Normandie Ridge John Petrick Jr. and Elizabeth Petrick Enhancement and Environment Fund. Named for Betty and her late husband, the endowment will begin funding when she passes away. “Normandie Ridge has done so much for me,” says Betty. “I feel so blessed and want to share some of my blessings.”
And when Betty discovered there was no age limit to create a Charitable Gift Annuity her mind was made up. Through the annuity, Betty is able to enjoy lifetime income, tax savings and make an impact at Normandie Ridge.
“I was able to give much more generously and still benefit myself by doing this,” says Betty. “So, if you ask why I support Normandie Ridge, I confess that the annuity is a trifle selfish, but I could do this for any number of pet causes, and I’ve chosen us. I’ve been so blessed to be able to live and grow here.”
“I am such a somebody!”
Widowed and without children, Betty has committed her entire estate to the community she loves. “I think it may be best to surprise people as things happen!” she says with a twinkle in her eye.
And she is excited about the many ways her gift will make a difference. “So many times, I have looked at something and said to myself, ‘Why doesn’t somebody do something about this,’” says Betty. “It is a great feeling to know that I am such a somebody!”
If you are interested in learning more about our Life Income Program (better known as a Charitable Gift Annuity) or the creation of an endowment, please reach out to your local Director of Development by phone or email, or complete the “contact us” form on this page.
