Mail Carrier John Daro Used a Gift Annuity to Give Back
Neither rain nor snow nor sleet nor dark of night ever kept John Daro, a World War II veteran, of Garrison, Nebraska, from delivering the mail for 51 years. John delivered the mail in rural Butler County and those on his route came to depend upon him. Then John decided to share part of his good fortune by making a gift that allowed him to fulfill his goal of giving back to his hometown with a gift to the Nebraska Community Foundation’s gift annuity program.
The gift annuity allowed John to take a current federal income tax deduction for the future gift value of the charitable gift annuity. In addition, his gift qualified for the Nebraska tax credit, which expired December 31, 2009, and then was reinstated for 2010 and 2011. At the end of John’s life the remaining proceeds of the gift annuity were directed by John to the Butler County Area Community Foundation Fund’s Endowment Account.
John was first introduced to the possibility of making a gift to the Butler County Area Community Foundation Fund’s endowment by John Klosterman, a long-time friend and past chair of the Butler County Area Community Foundation Fund.
“This gift has brought me such joy that I cannot quit smiling. I will be forever grateful to my friend John Klosterman for taking such an interest in me to introduce me to the possibilities of how I could give back. Plus I greatly appreciated the low-key approach by NCF staff member Jim Gustafson and his thorough explanation and how simple the process was to get this program started.”