Your gift to ReVive will transform lives. Financial contributions go directly to support ReVive’s programs and services that benefit individuals and families impacted by homelessness, poverty, and addiction.
In fiscal year 2015 ReVive Center for Housing and Healing expanded its efforts to end homelessness purchasing The Royalton Hotel, a 98-unit SRO, located in Chicago Near West Side neighborhood. Sixty percent of the tenants are accessing supportive services to ensure housing stability. One hundred percent of Cressey House residents remained stably housed with 90% maintaining or increasing household income. Higgins House, our outpatient addiction treatment program, served 141 adults with 87% completing treatment. ReVive’s legacy community outreach programs assisted 1,731 households with a Christmas Basket, 669 individuals received a lunch, and 72 people received thrift store vouchers.
FY2016 Financial Information
- Net Assets for FY2015: $1,279857
- Total Income: $2,051,520
- Program Expenses: $1,880,576
- Administrative Expenses: $224,783
- Fundraising Expenses: $163,251
Join Our Changemaker Circle
Sustaining our critical work with monthly or quarterly donations
ReVive’s Changemakers are individuals who are committed to ending homelessness in Chicago through their recurring financial contributions. They seek to make a positive and lasting change in their community.
$250 every month supports housing and case-management for a family residing at Cressey House.
$100 every month supports a client’s public transportation fare to work and/or school.
$50 every month supports program supplies for wellness/education activities offered to adults clients.
$25 every month supports a child’s participation in after-school development activities.
Ways to Give
ReVive operates the Second Chance Thrift and accepts donations of gently used clothing, home goods, shoes, accessories, furniture, kitchenware, and artwork. We also seek in-kind services from working professionals who can assist both our administrative and program teams.
Matching Gifts & Workplace Giving
Many companies offer workplace giving programs and/or will match employee’s gifts to charitable organizations. Contact your HR department to see if your employer offers workplace giving and/or will match your donations to ReVive. Some employers offer matching programs that allow donors to double, even triple, their gift to ReVive.
AmazonSmile is a simple and automatic way for you to support your favorite charitable organization every time you shop, at no cost to you. When you shop at smile.amazon.com, you’ll find the exact same low prices, vast selection and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to your favorite charitable organization. Simply type in ReVive Center for Housing and Healing and select us as your charity of choice.
Gifts from Financial Accounts
Generally speaking, it’s possible to pass bank account proceeds to an individual or organization without making or changing a will. Many states allow so-called P.O.D. (pay on death) accounts that let you name a beneficiary of almost any financial account: savings, checking, CD, building and loan accounts, credit union savings, etc. You can indicate that your deposit will be “payable on death” to any charitable, educational, or religious organizations and keep the right to change or revoke the arrangement at any time.
Gifts of Retirement Death Benefits
Charitable organizations generally can be named as death beneficiaries of retirement savings plans. So friends who participate in pension plans, Individual Retirement Accounts (IRAs), 401(k) plans, Keogh plans and other qualified retirement savings plans have an opportunity to make important gifts through a simple beneficiary designation. Naming ReVive as death beneficiary also may be good tax planning. Income taxes – and possibly “death taxes” – that may come due at death are wholly avoided. You can name us a beneficiary by requesting a form from the custodian.
Life Insurance Beneficiary
Life insurance, in addition to providing family protection and peace of mind, offers a multitude of other benefits, including significant help for our programs. You can keep lifetime ownership rights in a policy but name us the death beneficiary. Your estate will be entitled to a charitable deduction for the proceeds passing to us. If you prefer, you can name us as contingent beneficiary of a life insurance policy. We would receive the proceeds only if your primary beneficiary died before you. Or you can make us the co-beneficiary and share insurance proceeds with another.
Donors sometimes like to place money with a charitable organization on a revocable basis. The charity can use the interest the funds produce but the gift become permanent only after the donor dies. During life, the donor can always reclaim funds if the need arises. As a technical matter, this arrangement amounts to an interest-free loan, repayable on demand. This type of revocable gift eventually provides significant assistance if the lender makes the loan self-cancelling at death. The donor’s estate would be entitled to a charitable deduction for any amount passing for our benefit.
Securities that are being held for you in a brokerage account can be transferred to ReVive Center at any time. Gifts of securities are tax-deductible to the extent allowed by law. Contact the Development Department at 312-997-2222 x241 for the necessary information to transfer a gift of securities.