Stay abreast of our successes by reading the quarterly Forward Focus available at our centers, all Davidson County libraries, high-rise residences, select Kroger stores and Whole Food stores, and many business locations. We also invite you to visit our ever-expanding website, www.fiftyforward.org.
yPathways Fall 2018
FiftyForward supports, champions and enhances life for those 50 and older.
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A Publication of
Honoring Janet’s Legacy By Mary Herbert Kelly, Chair, FiftyForward Endowment Board
On November 30, 2018, FiftyForward will celebrate the incredible legacy of Janet Jernigan as she retires from serving as our Executive Director for the last 29 years. As a fitting tribute to the years of service Janet has given to this organization we all love so much, the FiftyForward Board of Directors and the FiftyForward Endowment Board have launched the Janet Jernigan Legacy Fund, a long-range solution to funding the critical work of FiftyForward.
[ SAVE THE DATE ] Janet’s Retirement Party November 30, 2018 4:30 to 6:30 pm Program will begin at 5:15 pm The Patricia Hart Building 174 Rains Avenue Donors and pledges for theJanet Jernigan Legacy Fund will be recognized at the event. RSVP to aweatherson@fiftyforward.org
“A truly outstanding retirement gift” “The impact that Janet has made on the growth of the FiftyForward organization and the hundreds of thousands of individuals who have been served during her tenure means that only a truly outstanding retirement gift could express our gratitude to her,” says Jim McGregor, Chair of the Janet Jernigan Legacy Fund Campaign and a long-time FiftyForward supporter. “The Legacy Fund allows us to celebrate Janet’s retirement by building a strong source of funding for the agency’s future. What could be a more fitting way to say thank you to a transformational leader than funding that will last forever?” Why endowment? Investment income from the Janet Jernigan Legacy Fund will be used to support general
“The impact that Janet has made on the growth of the FiftyForward organization and the hundreds of thousands of individuals who have been served during her tenure means that only a truly outstanding retirement gift could express our gratitude to her,”— Jim McGregor
operating costs of the agency, or to support the programs or centers designated by the donors. The Legacy Fund will become a part of the FiftyForward Endowment, which was established more than 30 years ago and is professionally managed by a reputable trust company and overseen by an independent fiduciary board.
Donors may designate which parts of FiftyForward will be supported by their gift: general operations, specific programs or centers. As Endowment Board Treasurer Ed Carter explains, “At this time, the FiftyForward Endowment pays out approximately 4.7% of earnings each year to be used for the support of the work of FiftyForward. Some of the endowment earnings are designated for specific programs and centers, and the rest goes to support the agency as a whole. It’s a great way for donors to give a one-time gift, and then know that their contribution will keep (Continued on page 2) on giving forever.”
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Honoring Janet’s Legacy By Mary Herbert Kelly (Continued from page 1)
Is the need still growing? Yes! Between 2010 and 2020, the number of people aged 60 and older will grow by 33% in Davidson County, and by 87% in Williamson County. FiftyForward staff is working to identify additional diverse funding sources to keep ahead of the rapidly growing needs of the older adult community in Middle Tennessee. Increasing the endowment means that much-needed additional funds will be available every year for the agency to meet those needs. As Dianne Oliver, Executive Director, West End Home Foundation states, “Janet has been a champion for an often unheard and underserved group, and she has really changed the standard for how we care for people as they age.” It’s fitting that the Janet Jernigan Legacy Fund will help us continue meeting that standard of care. Celebrate Janet’s retirement with us on November 30, 2018 On Nov.30, 2018, we will hold a retirement celebration party for Janet. At that time, we’ll also announce the first donors who have led the way for the Janet Jernigan Legacy Fund. If you’d like to join the campaign by making a contribution or pledge before Nov.30, please contact Karin Weaver, Development Director, at 615-743-3434 or kweaver@fiftyforward.org. About the author: Mary Herbert Kelly has called Janet Jernigan a friend for more than 30 years. She has served as President of the FiftyForward Board and has served on numerous board committees over the years in addition to serving on the FiftyForward Advisory Council. She is currently on the Janet Jernigan Legacy Fund Steering Committee and is Chair of the FiftyForward Endowment Board.
Living at Home by Jane Bradley, FiftyForward Living at Home Care Manager Williamson County As we leave summer behind and the holidays are near, I want to share a little bit about what the Living at Home program means to some of my clients. I am blessed to be a part of a program that gives me the opportunity to bring joy and happiness to others. Two of my clients whom I work very closely with could not be living independently if it were not for the services of the FiftyForward Living at Home program. One of my clients who is in her early 60s had always lived with family members until circumstances suddenly changed, and she was alone. She had never lived alone and did not know how to cook, or operate a microwave oven.
Jack the donkey
As her Living at Home care manager, I was able to get a bed, table, microwave oven, and an air conditioner for her. I taught her how to use the microwave. I regularly assist her with shopping and other appointments to help maintain her safety and well-being. This past Christmas, she was given gifts through one of the angel tree programs which works with FiftyForward. She was so excited to receive them that she waited until Christmas day to open them. “This is the first time in my life that I had gifts on Christmas; my family never exchanged gifts because we could not afford to do so. This was my first Christmas alone, and without FiftyForward, it would have been very sad,” she told me. Another one of my clients lives in a very rural area. She is in her 80s, a widow, lives alone, and has no family in Tennessee. Thanks to the volunteers and the donations of the Living at Home program, she is able to stay in her home and keep her pet donkey, Jack. With the help of a volunteer and monetary donations, Jack continues to live with her. He is an important part of her life. “Because of Jack, I have a reason to get up every day to feed him. When he comes to my window and talks to me, it brightens my day. Jack helped so much when my husband died. When I came home from the hospital that day in 2007, Jack greeted me. I broke down in tears and just stood there hugging him and crying into his neck. He made me feel like I could get through this,” she said. By making it possible for Jack to continue living with my client, it helps her with depression and gives her a sense of purpose. This is just a small part of what the FiftyForward Living at Home program does, and I feel it gives a whole new meaning to aging at home (also known as aging in place). 2
Community and Caring:
The FiftyForward antidote to isolation and loneliness Most of us will experience isolation and loneliness at some point in our lives. It’s the way our culture has evolved; families and friends often live many miles away. In addition, the increased use of technology can both connect and isolate us.
“Social isolation is one of the most devastating things you can do to a human being.” — Rosalind Wiseman, author The combination of isolation and loneliness is one of the greatest health risks to those over the age of fifty. “I often hear, ‘everyone I used to spend time with is no longer in my life’,” shares Sharie Loik, Director of FiftyForward Meals on Wheels (MOW) program. FiftyForwasrd Meals on Wheels provides more than just hot meals. The program also offers companionship and fellowship. Last year, more than 20,000 meals were prepared and delivered to homebound older adults in our area. Through programs like MOW and through its seven lifelong learning centers, FiftyForward connects people and makes them feel valued. This is especially true for people like Frances Owens. Frances is an active member of FiftyForward Bordeaux. She’s been a member for three years. It’s changed her life for the better.
“People who are isolated definitely need centers like FiftyForward Bordeaux, so they aren’t sitting at home doing nothing. I like coming here and interacting with people and making new friends,” Frances said. Frances has met several of her neighbors, whom she didn’t even know, which has increased her sense of belonging in the community. Like Frances, Ayla Dumont is happy she discovered FiftyForward Bordeaux. “I felt really lonely before I came here.
Monique Gooch and FiftyForward Bordeaux member, Margaret Thompson became “fast friends”because Margaret reminds Monique so much of her grandmother.
I have no family nearby. I knew that if I just stayed at home much longer, I’d just watch TV and would slowly fade away,” Ayla said.
Ayla said her friends at FiftyForward Bordeaux make her feel valued. “I get up each morning, have a reason to get dressed and out of my home. People greet me FiftyForward Bordeaux member, Ayla Dumont here with ‘good morning. How are you doing?’ I feel really happy and positive here.” However, she worries about other older adults who don’t have access to places like FiftyForward Bordeaux. At the center, Ayla has made many friends, has learned new skills, and is excited about the recycling program she has started. “Everyone needs to feel needed and to have a sense of purpose in their lives,” she said. To learn more about FiftyForward Meals on Wheels, contact Sharie Loik Goodman at sloik@fiftyforward.org or call 615-463-2264. To learn more about FiftyForward centers and programs, visit www.FiftyForward.org. 3
Financial Notes Karin Weaver, Development Director Excerpts from Tax Cuts and Jobs Act Publication, UBS, January 2018
On December 22, 2017, President Trump signed into law what was originally called the Tax Cuts and Jobs Act (the Act). The following summarizes some of the key provisions of the Act that affect individuals and businesses. It should be noted that most of the provisions affecting individuals will sunset starting in 2026, while those affecting businesses are generally permanent. We have provided insight into some potential planning opportunities and considerations. Clients should discuss with their tax and legal advisors how the Act will impact their individual situations. The following are the key provisions impacting individual income tax deductions, effective for taxable years 2018 through 2025: n The standard deduction has been doubled to $24,000 for married couples ($12,000 for individuals) and the personal exemption is eliminated. n The overall limitation on itemized deductions is eliminated. n
The deduction for charitable gifts is retained and expanded to allow taxpayers to deduct up to 60% of their adjusted gross income for gifts of cash to public charities.
Clients who are charitably inclined, but who will not have sufficient itemized deductions in future years to exceed the increased standard exemption may wish to make a large charitable gift prior to year-end in order to maximize the charitable income tax deduction in 2017. For the same reason, in future
Legacy at FiftyForward Martin Center What a legacy Joyce Keistler has contributed to support, champion and enhance the lives of those 50 and older in the Brentwood community. years, clients may also benefit by bunching multiple years of charitable gifts into a single year. This strategy may work particularly well for clients who give annually as they may contribute the charitable sum to a Donor Advised Fund (DAF) and then make grants periodically in future years according to their original giving plan. In plain speak, three things about the new tax law that are especially pertinent for nonprofit organizations:
1. Since the standard deduction
is nearly doubled, people who have donated cash or stock in the past may not receive a benefit for the deduction as they used to on their Schedule A, because they are less likely to itemize. It will be more beneficial to some individuals over the age of 70 ½ to make their contributions using their required minimum distributions (RMDs).
2. For clients who make very
substantial charitable contributions, and have higher incomes, their contributions of stock and cash now will be that much more impactful, as there is no phase out on deductions going forward.
3. The combination of the changes in
#1 and #2, above, make it more likely that some taxpayers and donors will want to 'bunch' deductions; taking the standard deduction in some years and making several years worth of charitable contributions in others, using a Donor Advised Fund.
FiftyForward Martin Center will most certainly not be the same without her leadership.” Joyce is looking forward Joyce recently marked 22 to spending more time years with FiftyForward. with her husband, Roland, who has always supported What started in August 1996 her commitment to the as the Brentwood Seniors FiftyForwardMartin Center Group that met one day and FiftyForward. In fact he FiftyForward Martin Center a week at the Tennessee often refers to “Martin” as Director Joyce Keistler Baptist Children’s Home has her third child! Joyce and grown into a vibrant community. The Roland have two beautiful little grandsons following year, the program moved to the that they both are looking forward to former Presbytery Offices at Brentwood spending more time with while they still First Presbyterian Church on Franklin get excited about sleepovers at Grammy Road where it remained for five years. and PopPop’s! This served as a strong foundation to support the rapidly growing older adult When you see Joyce at the center, be population in the Brentwood area. Over sure you remember to thank her (and time, Joyce realized the space was too Roland) for their commitment to our small for the expanding group. With the “Martin Center.” help of a capital campaign, a dedicated group of community supporters and FiftyForward leadership as well as design from David Minnigan of Earl Swensson Associates, a wonderful facility was created. FiftyForward Martin Center is now home to hundreds of members, as well as the home base for our well-known entrepreneurs, the FiftyForward Martin Center Card Crusaders.
“I have gotten to know Joyce very well over the last year and I have appreciated and adored her as we have shared our work together,” said Jocelyn Briddell, associate executive director of FiftyForward Active Aging & Facilities. “She has given me insight, support, and advice during this time ... and she makes the best pimento cheese! The
For more information, please contact your tax advisor. 4
Former Associate Director Fran Mazzaferro (L) presents Joyce Keistler with the coveted Fran Mazzaferro Award for Leadership in 2012.
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The 2018Crown Affair
Beth Woodard, Jana Lisle Parham and Janet Jernigan
2007
2018 Honorees: Vicki Smith (representing Nissan North America), Eleanor Willis, Jana Lisle Parham, D. Billye Sanders with Janet Jernigan, FiftyForward Executive Director
The FiftyForward Junior Board: Jenni Hargrove, Laura Mason, Anna Claire Hoffman, Carlin Damiani, Reghan Johnson, Courtney Durbin, Jennifer Hunt and Tiffany Taylor
Floral centerpieces arranged by FiftyForward Bordeaux members
Mark and Mary Herbert Kelly 5
Upcoming Events Join us for the sixth annual
Fall for FiftyForward Fundraising, friendraising, and breakfast!
Overcoming Isolation Wednesday, October 17, 2018 Program 7:30-8:30 am
FiftyForward Patricia Hart Building 174 Rains Avenue Nashville 37203 RSVP: awhitson@fiftyforward.org Breakfast Co-Chairs: Theresa Zuckowsky and Tracy Evers FiftyForward supports, champions and enhances life for those 50 and older.
FiftyForward Board of Directors 2018 -19 Board Officers
Dr. Beth Woodard, President Pete Stringer, President-Elect Michelle Baron, Treasurer Jennifer Joyce, Secretary Jeri Hasselbring, Immediate Past President
Board Members Jimmy Allen Mike Alleyne Michael Bradley Newtonia Coleman Debbie Crigger Sondra Cruikshanks Cullen Earnest Dr. Mike Edgeworth
Tracy Evers Vanessa Hickman Mary Herbert Kelly Dr. Jim Lancaster Scott Lenz, Jr. Sally McKay Lamar Moore
Becky Nergenah Sanders William Scarborough Paige Thompson Andrea Turner Karen Williams Dr. Meera Wright Donna Yurdin Theresa Zuckowsky
Lifetime Members Charlie Cardwell Patricia Hart FiftyForward Endowment Board Seawell Brandau Mary Herbert Kelly, Carolyn Ermey President Tony Hoffman Don Greene, Secretary Jeremy Kath Ed Carter, Treasurer Mercedes Lytle Stephen Boles
James McGregor Jana Lisle Parham Greer Redden Patti St.Clair Alex Tolbert
Honorary Members: Joe Chickey Tony Hoffman Scott McKean
Advisory Council 2017-18
FEATURED GUEST ARTISTS MICHAEL DAMICO AND JOHN FISHER
Bill LaFollette, Chair Brenda Albright Clay Bailey Ed Birthright Seawell Brandau Laurel Buntin Charlie Cardwell John W. (Wally) Dant III Betty Dunn Carolyn Ermey
Brenda Gilmore Don Greene Irma Kaplan Aileen Katcher Mary Herbert Kelly Heloise W. Kuhn Kim Harvey Looney Tara MacDougall Hilda McGregor
Barbara Moss Carla Nelson Randy W. Parham Emily Plotkin Tracy Rode Anne Roos Lisa Small Laura Smith Denine Torr Sally Wolfe
FiftyForward is committed to fair and equitable treatment of all employees, volunteers and beneficiaries of our services. FiftyForward does not sell, trade or publish our mailing list. If you wish to be added or removed from our list, please contact Karin Weaver, development director, at (615)743-3434 or via email at kweaver@fiftyforward.org. FiftyForward Development 174 Rains Avenue Nashville. TN 37203 (615) 743-3434, www.fiftyforward.org 6
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