A separate but
affiliated nonprofit corporation, the Big Lakes Foundation, Inc.,
is established to solicit, encourage and facilitate the contribution
of funds for fulfilling Big Lakes' mission. It is difficult to fund
additional services and facilities from operating budgets. As governmental
support decreases and competition for limited philanthropic funds
increases, gifts become even more critical.
How
Can You Help?
Cash
The most popular way to make charitable gifts is with a check. Cash
contributions are convenient for the giver and can easily be recorded
through canceled checks or receipts.
Property Gifts
Jewelry, antiques, works of art, patents and other personal property
should not be overlooked for their gift potential.
Life Insurance
Paid up or new policies, dividends, and policy proceeds available
if primary beneficiaries are no longer living make practical gifts.
If you have a policy you no longer need, consider changing the beneficiary
to a charitable organization.
Real Estate
Homes, farms, undeveloped or developed property, rental or resort
property provide countless opportunities for future Big Lakes consumers.
Wills
Regardless of your charitable giving goals, an up-to-date will is
one of the most important legacies you can leave your family. If you
would like to create a substantial memorial, but delay the transfer
of property until you no longer need it, consider the flexibility
of a bequest--a gift through your will.
Securities
Stocks, bonds, mutual funds, certificates of deposit, and other securities
offer several more alternatives for giving.
Create a memorial
People who give for memorials are not necessarily wealthy by most
standards. Most cannot afford to part with large amounts of money
or other property which may be needed to support themselves or their
families. But many are pleased to find how a memorial can be a lasting
and beneficial tribute to a loved one.
Obtain further
tax information
Actual tax saving, either on income or gift and estate taxes, can
be realized when you incorporate planned giving into your financial
plan. However, since the tax laws constantly change, we recommend
that your gifts - especially deferred gifts - be made after you have
obtained tax and legal advice.The
Big Lakes Foundation, Inc. is a 501(c)(3) nonprofit corporation. For
more information contact: