photo by Sue March

10 Ways to support Central New York Land Trust

There are many ways that you can give back to the community that we all call “home.”  The following are just some ways to consider making a meaningful gift to our mission:

Donor-Advised Funds:

A distribution from your donor-advised fund is a valuable way to help support the CNY Land Trust mission. As we are a not-for-profit organization, donations can be part of your tax strategy.

Land:

Donations of land are frequently made in order to protect a unique or simply beloved natural area where future protection in private hands may be in doubt. All such offers are referred to CNY Land Trust’s Acquisition Committee for evaluation.

Gifts of Stocks and Bonds:

For full tax benefits, your broker can electronically transfer securities to CNY Land Trust’s broker, or you can send unsigned stock certificates to CNY Land Trust by certified mail.

Gifts from your IRA

As you plan your minimum required distributions for the year, consider using it as a charitable gift.  Individuals ages 70 1/2 and over can make charitable gifts directly from a traditional IRA account without incurring federal income tax on the withdrawal.  The IRA Charitable Rollover provides you with an excellent opportunity to make gifts during your lifetime from an asset that might be subject to multiple levels of taxation if it remained in your taxable estate.

Life Income Gifts:

Gifts of appreciated property can generate income for you with positive tax benefits. One example is a charitable income remainder trust (CRUT)

Bequests:

You can reduce inheritance taxes by designating in your will specific gifts of cash, property or a percentage of the remainder of your estate to CNY Land Trust.

Lead Trusts:

Property or assets can stay in the family while your gift reduces estate taxes and supports CNY Land Trust

Life Insurance:

Designating Central New York Land Trust as a beneficiary of a paid-up policy or a new policy helps the organization’s future endowment and provides you with a tax deduction.

Retained Life Estate:

You retain occupancy of the property for life, but give your primary or vacation home or farm to CNY Land Trust for its future income.

Personal Property:

You can deduct the full fair-market value of gifts of personal property (art, antiques, etc.)

Please note that these are simply ways to consider giving to the CNY Land Trust. The CNY Land Trust does not give financial advice and asks you to contact your tax or financial advisor to see what might be best for your circumstances.

Contact Us for more information or call (315)575-8839.