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Planned Giving to the Ostego Bay Foundation Inc.
Some planned gifts provide life-long income to donor. Other gift plans use estate and tax planning to provide for charity and heirs in ways that maximize the gift and/or minimize its impact on the donors estate. Thus, by definition, a planned gift is any major gift, made in lifetime or at death as part of a donors overall financial and/or estate planning. These include gifts of equity, life insurance, real estate, personal property, or cash. By contrast, gifts to the annual fund or for membership dues are made from a donors discretionary income, and while they may be budgeted for, they are not planned. Whether a donor uses cash, appreciated securities/stock, real estate, artwork, partnership interests, personal property, life insurance, a retirement plan, etc., the benefits of funding a planned gift can make this type of charitable giving very attractive to both donor and charity. Planned gifts are a critical component in philanthropy. There are many avenues for tax-deductible donations to the Marine Science Center. From a simple one-time gift, to a multi-year pledge, to planned giving included in your will, your generosity will make a lasting impact. Please contact Joanne Semmer, President, (239) 765-8101 info@ostegobay.org to discuss how you can help ensure the Marine Science Center will continue to be a valuable asset to our Fort Myers Beach community for many years to come. |
Ostego Bay Foundation, Inc. - A member supported organization |
Planned giving is also referred to as gift planning or legacy giving. It enables philanthropic individuals to make larger gifts to charitable organizations than they could make from ordinary income.