Story of Personal Benefits from Planned Giving Program

By: Elizabeth Koch, Midland Division

After receiving a bone marrow transplant to fight cancer, suffering from severe heart failure and surviving a pulmonary embolism, Mark Hanneke knows just how short life is. But he is sure about one thing – he’s happy with the life he leads. One facet of this includes participating in The Salvation Army’s Planned Giving program.

Hanneke participates in the Planned Giving program because he wants to help The Salvation Army during his lifetime, as opposed to including The Salvation Army in his will or living trust.

A benefit of Planned Giving Hanneke utilizes is the ability to alter the amount of donation at any time. Another advantage to the Planned Giving program is that, as a lifetime income, the payout is much higher than both long-term and short-term CD rates.

Besides those benefits he also decided contribute to The Salvation Army because he thinks it is one of the best charities in the nation that not only helps those in need but also assists them to gain success and independence.

It was important to Hanneke to give while he was able to, and he feels fortunate for himself that he is in a position to help people. He ultimately wants to share that feeling with others.

“By doing the Charitable Gift Annuity, you’ve made that lifelong commitment at that time, and it’s definitely going towards The Salvation Army, and it can definitely help them all throughout your remaining lifetime­ – which is a wonderful feeling knowing that you’re helping people,” says Hanneke.

Hanneke also sees Planned Giving as a way to better the world as a member of the Baby Boom era. He recalls many discussions about 40 to 45 years ago revolving around making a difference in society, and feels he is doing his part through donating to The Salvation Army. He challenges other baby boomers fortunate enough to do the same.

“Here’s your opportunity in your lifetime now, in your age group now, if you are fortunate enough to help that you can make a difference and it’s a great way to make a difference and make changes in the world,” explains Hanneke.

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