Return of Entry Fee Gifts
How Return of Entry Fee Gifts Impact Our Residents and Communities
Common Questions About Return of Entry Fee Gifts
This type of planned gift can be completed at your convenience in the administrative office of your Lifespace community.
Return on entrance fees do not require the involvement of an attorney or any associated legal fees to finalize, needing only to have a simple form completed, which can be provided by your community. You are welcome to seek independent counsel and representation when considering a gift.
Yes! The Lifespace Foundation is a 501(c)(3) tax-exempt nonprofit organization. Our tax identification number is 42-1370848.
Each Lifespace Community has funds restricted for use at that community. A donor may choose to support one of the community specific funds or one of the four Lifespace Foundation enterprise-wide funds. If a gift is undesignated, the money will support the General Use Fund at the community of choice. If a donor is not a current or former resident and no community is designated, that gift will support The Lifespace Foundation General Use Fund.