Bequests

Donations may be made to Sagadahoc Preservation, Inc. in the form of:

Cash Gifts

Gift Memberships: (see membership page) at any level. SPI will notify the recipient with a welcome card and other information including sponsorships of programs, events, publications and our quarterly newsletter.

Pledges may be made in monthly, quarterly or semi-annual installments.

Matching Gifts may be available from your employer. Contact your company’s human resources department to obtain a matching gift form. Matching gifts double the value of your donation!

Commemorative Gifts are a way to honor the important people in your life. Your gift will be acknowledged and a card sent to the designated recipient.

Appreciated Securities or Property: Publicly traded stocks or real estate that have appreciated and have been held for more than twelve months offer two advantages. Capital gains are not paid on the appreciated value of the stock or real estate, and the current value qualifies as a charitable donation. To avoid the capital gains tax you must make the donation in the form of stock, which SPI will then sell. Some donors may be subject to the alternative minimum tax on the unrealized appreciation of capital gains. You should contact your tax advisory for assistance.

Planned Giving: With early planning, your taxes and expenses can be reduced while you support the work of SPI. Some examples of this are:

  • Business Owners: Prior to selling a business, the owner could set up a Charitable Remainder Trust. Proceeds of the sale are earmarked for SPI, and the donor receives a large tax deduction instead of a large tax bill.
  • Inherited Assets: Gifting appreciated stock or other assets to SPI yields the donor a deduction at fair market value. SPI then liquidates the shares or other asset.
  • Insurance Policies: SPI could be named as the beneficiary on your insurance policy. In some cases, these are old policies that are paid up and have large cash values. In other cases, a donor could use current cash flows to buy an insurance policy naming SPI as beneficiary.
  • Individual Retirement Accounts: IRAs are particularly vulnerable to taxes. With good planning, an estate can save lots on taxes by naming SPI as one of the beneficiaries.

To arrange for your tax-deductible contribution to Sagadahoc Preservation Inc. please contact us.