Planned Giving
The Watershed Nature Center, as a grass roots, not-for-profit organization dedicated to the value of nature in our community and society at large, depends largely on your financial support to accomplish our educational mission. As a not-for-profit organization, we can offer you various income and estate tax advantages in return for your donations to a cause you lovingly support. What a combination!
Briefly, there are three ways to benefit the WNC and you and your family at the same time:
1. Gifts at the time of a donor’s death:
a. Designate the WNC as a beneficiary of a life insurance policy or retirement account such as an IRA or 401k.
b. Make a provision in your will that gifts money, assets, or property to the WNC.
2. Outright gifts of cash or appreciated assets:
a. An effective way to avoid paying capital gains taxes while at the same time deducting the total value of the gift as a charitable deduction.
b. Estate taxes can also be managed through this gifting strategy
3. Gifts that result in income to the donor, or your family, as well as a charitable deduction and exclusion of assets from estate taxes for you and your heirs:
a. Terms that are used in this type of giving include Gift Annuity, Charitable Remainder Trust, Charitable Lead Trust, and others.
It is not complicated for you to exercise your charitable intentions to the Watershed Nature Center. Please contact us for more information on how to benefit your community and yourself through Planned Giving.
Jerry Tarkanian, the colorful College Hall of Fame Basketball coach used to tell his players to “. . .take what they give you” when attacking the challenges of another team's defense. In this case, you are “taking” advantage of significant IRS tax deductions, both capital gains and estate taxes, while exercising your kind and generous charitable intentions to a true community gem: The Watershed Nature Center.