Let Prescott Farm be part of your legacy
We’re growing the next generation of environmental stewards and leaders and contributing to a healthy environmental future for the Lakes Region. By remembering Prescott Farm Environmental Education Center in your will, you will allow us to continue our mission of exploring and preserving the natural world, one adventure at a time. Please contact us to discuss ways that your planned gift can make a difference.
What is Charitable Gift Planning?
Charitable Gift Planning (also called Planned Giving or Legacy Giving) enables philanthropic individuals to make larger gifts to charitable organizations than they could make from ordinary income. These donations are any major gift, made in lifetime or at death as part of a donor’s overall financial and/or estate planning. They can include gifts of equity, life insurance, real estate, personal property, or cash.
Remember Prescott Farm in Your Will or Trust
The simplest and most common way to include Prescott Farm Environmental Education Center (Prescott Conservancy, Inc.) in estate planning is by making a charitable provision in your will or trust.
This kind of charitable bequest can take several forms. It can be a designated dollar amount, or a percentage of the estate, or “the residual” – that is, the amount remaining in the estate after all other obligations and payments have been made.
If you are interested in leaving a gift to Prescott Farm in your will or trust, please make sure to speak with your attorney. We encourage you to provide your attorney with this sample language:
“I hereby give and bequeath __________ (dollar amount, or percentage of my estate, or residual of my estate after other bequests) to the Prescott Conservancy, Inc. (dba Prescott Farm Environmental Education Center), 928 White Oaks Road, Laconia, NH 03246, for its general purposes.”
Naming Prescott Farm the Beneficiary of Your IRA or Other Retirement Funds
Retirement funds in many ways are the perfect asset to leave to charity, because – unlike your heirs – charitable beneficiaries do not have to pay any income taxes for receiving those funds. And leaving IRAs and other retirement assets to charity is quick and easy: You simply need to notify the custodian of your retirement funds that you want all or part of a particular fund to pass to the designated charity or charities. Please consider naming Prescott Conservancy, Inc. a full or partial beneficiary of one or more of your retirement funds.
Naming Prescott Farm the End Beneficiary of Your Donor-Advised Fund
More and more of our donors have created donor-advised funds (DAFs) to manage their charitable giving. But what are your long-term intentions for those funds? Donors have the ability to tell their DAF sponsor now where to distribute the assets in their donor-advised funds if funds remain after the end of their lives. Please consider including Prescott Farm as a beneficiary!
Naming Prescott Farm the Beneficiary of Your Insurance Policy
If you have a fully-paid life insurance policy and you and your family no longer need the benefit, please consider naming Prescott Farm the full or partial beneficiary.
To learn more about remembering Prescott Farm in your Charitable Gift Planning, please contact:
Development & Communications Director
We encourage you to speak with a professional adviser, such as an attorney, financial adviser or CPA, to explore your objectives and options so you can find the right planned giving vehicle for you.