Additional to outright gifts of cash, stock, or property, you may want to consider the following options. Tell us about what kind of donation you have in mind. Contact Sea Tow Foundation anytime at: 888-276-7691, [email protected], or use the short form below. We cannot wait to learn about your idea!
Endowments use interest earned from donated principal to fund education and safety programs. Endowments are gifts held in perpetuity and invested in a manner that protects the principal from inflation. The investment income provides a stable funding source for the purpose of your choice.
Charitable Remainder Trusts and Charitable Gift Annuities
Charitable remainder trusts and charitable gift annuities provide you with a lifetime annual income stream, a portion of which may be tax-free in exchange for your contribution, as well as a charitable income-tax deduction. Charitable remainder unitrusts provide a variable annual income. Payment is based on a fixed percentage of the net fair market value of the trust assets as valued each year. Sea Tow Foundation can act as trustee. The minimum amount required to establish a charitable remainder unitrust is $50,000.
Beneficiary is taxed on income received (ordinary income or capital gain)
Tax deduction is based on the value of the assets transferred to fund the unitrust Avoidance of capital gains tax A charitable gift annuity is an agreement under which Sea Tow Foundation agrees to pay you or other beneficiaries a fixed income for life in exchange for a gift of cash, marketable securities, or approved real estate. The minimum donation required to fund a charitable gift annuity is $5,000. The annuity rate is based on your age and/or the age of other beneficiaries. Charitable gift annuities are issued through the Sea Tow Foundation..
• A portion of the annuity payment initially is tax-free
• A portion may be taxed as capital gain if funded with appreciated property
• The balance of the payment is taxed as ordinary income
• Fixed annual income for life
• Tax deduction based on the value of the assets and annuity rate
• Reduced capital gains tax
Deferred or Planned Gifts
Deferred or planned gifts, such as bequests, life-insurance gifts, gifts of real estate, and irrevocable trusts, enable you to support the college, school, or program of your choice through your estate plan.
As with outright gifts, any of these contributions may be designated for a particular purpose or undesignated. Undesignated gifts can be designated to your specific interest. Gifts that are not designated for a specific purpose (unrestricted gifts) are critically important because they allow Sea Tow Foundation to respond quickly and positively to needs as they arise. Unrestricted funds can mean the difference between a missed opportunity and a breakthrough discovery, improved education, or a new experience significantly impacting our audience.
Corporate Matching Gifts
Many employers sponsor matching gift programs and will match any charitable contributions made by their employees. Find out if your company has a matching gift policy.
If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. The impact of your gift to this organization may be doubled or possibly tripled! Some companies match gifts made by retirees
Donate an item or service.