GIVE TO THE ROAD AHEAD
An Extraordinary Opportunity Through 2024
The Mosi Foundation, at the direction of Gerry and Evelyn Isom, have made a transformational $600,000 matching gift challenge to The Road Ahead. All new and increased gifts of up to $25,000 per year, per individual, will be 1-1 matched by the MOSI Foundation for pledges made through the end of 2024. Pledges to The Road Ahead can be made and paid out in up to three-year installments.
Ways to Give
There are many ways to support the campaign. Please consult your financial advisor on what best meets your goals. Many supporters find they can make a more significant contribution and accommodate personal cash flow more easily with a three-year pledge payment. For more information, and to start a conversation, please call Trekkers at (207) 594-5095 or email Kate Elmes, Director of Development, at kate@trekkers.org.
CASH
Cash contributions provide Trekkers with capital that is immediately accessible and may allow deductions from your income tax. Wire transfers or checks help Trekkers save on credit card processing fees. Actual savings in tax payments depends upon the level of income. Please consult your tax advisor.
GIVING SECURITIES
For many, giving appreciated stock and securities may be preferable to giving cash. Federal tax laws offer special incentives for non-cash gift property, particularly if that property has appreciated in value.
GIFTS OF APPRECIATED STOCK
You may be able to avoid capital gains tax. Any gain may be taxable if you sell the stock yourself, but not if you give directly to Trekkers. Your charitable deduction for federal income purposes is based on the full fair market value of the stock on the day the gift is delivered to Trekkers. Gifts of stock allow us to utilize the full value towards our mission, as opposed to potentially losing some proceeds when taxed. Valuing of securities: The value of a publicly traded security is the average of the high and the low prices on the date of the gift.
MATCHING CORPORATE GIFTS
Many corporations have matching gift programs (an employee’s gift is matched by the company.) If this applies to you, please forward the company’s matching gift form with your own contribution or pledge payment.
IRA CHARITABLE ROLLOVER
The charitable IRA rollover, or qualified charitable distribution (QCD), is a special provision allowing particular donors of age 72 (70.5 if you reached the age of 70.5 prior to January 1, 2020) to exclude from taxable income—and count toward their required minimum distribution—certain transfers of Individual Retirement Account (IRA) assets of up to $100,000 that are made directly to public charities, including Trekkers.
AUTOMATED, RECURRING GIVING
Joining the Compass Club gives Trekkers consistent, year-round support. Gifts are automatically deducted monthly or quarterly in any amount.
PLANNED GIFTS
Normally gifts to The Road Ahead must be made within a three-year pledge period. However, supporters who wish to make a significant gift to Trekkers, without losing access or income from specific assets, may defer a gift. A planned gift can include allocation of a portion of your estate to Trekkers, or is one made in trust to Trekkers with income and other benefits from the asset retained by you or another beneficiary for as long as they live. All planned gifts must be approved by Trekkers’ Board of Directors. See Trekkers’ gift acceptance policy here.
TANGIBLE PERSONAL PROPERTY
In some cases, gifts of real estate, art, or other valuables may be beneficial. Gifts are subject to Trekkers’ Gift Acceptance Policy and the approval by the Executive Committee of Trekkers’ Board of Directors.
Campaign Naming Opportunities
Your accumulated reserve and other assets generally have been hard won and carefully preserved. In planning a charitable gift, our supporters are encouraged to seek maximum use of funds for deserved purposes with minimum erosion from unnecessary costs and taxes. The personal satisfaction in investing in Trekkers, our students, and the future of Maine, may be enhanced if additional personal objectives can be achieved at the same time.
Charitable incentives in the tax structure offer many opportunities for assisting Trekkers in reaching our goals while protecting or even enhancing the economic security of our supporters and their immediate families. These laws, particularly in the context of COVID-19 recovery efforts, are often evolving. Please consult with your tax advisors and financial planners to determine your gift’s tax implications.
CONTACT US
To start a conversation about the Trekkers capital campaign, please contact our team.
Kate Elmes, Director of Development, kate@trekkers.org
Amie Hutchison, Executive Director, amie@trekkers.org