Make a Planned Gift

A bequest, or gift through your will or other estate planning document, can support your estate tax or financial goals. Please include this language in your will to make a gift to Prescott Farm:

“I give, devise, and bequeath (describe dollar amount, specific property to be given, or percentage of your residuary estate, to Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center, a nonprofit organization, located at 928 White Oaks Rd, Laconia NH 03246, to be used by said organization to meet the immediate or future needs of the organization, as determined by its Board of Directors.”

It is easy to change your life insurance beneficiary designation to Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center, in whole, in part (as a percentage or a specific dollar amount), or as a contingent beneficiary should your primary beneficiary not survive you. You can also make an outright gift of an existing or new life insurance policy, by naming Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center as the owner and beneficiary of a policy you currently hold or purchase for that specific purpose. You may receive a federal income tax charitable deduction and reduce your future estate tax liability. Payments on the premium of the policy is tax deductible as a charitable gift. When the original purpose of a life insurance policy no longer applies – such as educating children now grown or providing security for a mortgage now paid off – your policy can become a powerful and simple way to support the mission and work of Prescott Farm. 

401(k) and 403(b) plans, corporate pensions, IRA accounts and other tax qualified retirement plan instruments can be designated as charitable gifts by using a Beneficiary Designation Form resulting in significant tax savings for the plan owner. Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center can be designated as the primary beneficiary, or partial (by percentage or specific dollar amount), or as the contingent beneficiary, should your primary beneficiary pre-decease you.

Congress has also reinstated a law that would allow you to make a tax-free gift from your individual account (IRA) as a “IRA charitable rollover,” this year and years into the future. This law allows individuals 70½ or older to transfer up to $100,00 from their individual retirement accounts directly to a qualified charitable organization, like Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center, without being subject to income taxes on the distribution. This law applies only to IRAs and not to other types of retirement plans. 

You can make an outright gift of appreciated securities, cash or real estate. Your gift may provide ideal tax savings for you and sizable gifts to Prescott Farm. Securities and mutual funds that have increased in value and been held for more than one year are a popular asset to use when making a gift to Prescott Farm – offering you the chance to support our mission while realizing important benefits yourself, like reducing or even eliminating federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the asset at the time of transport.

Securities can be transferred to Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center as an outright gift; a transfer on death (TOD) account, or; as a bequest through your will or living trust. Consult your trusted financial planner to learn more about leaving Prescott Farm a legacy through appreciated assets. 

Endowments can be created or contributed to as a permanent investment in the future of Prescott Farm. 

Gift Annuities guarantee the donor interest payments on their donation. Under a contract, the donor can contribute funds or assets to Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center, and in turn the organization makes fixed payments to the donor for the remainder of his/her lifetime. At the time of the donor’s death, the remaining balance goes to Prescott Farm.

A Charitable Trust is a financial instrument by which a donor (grantor) can transfer assets into a trust designating Prescott Conservancy, Inc, d/b/a Prescott Farm Environmental Education Center as the beneficiary. There are a variety of charitable trust vehicles all designed to be tax efficient ways to give.

Consult your trusted financial planner to learn more about creating a legacy to benefit Prescott Farm.

There are many options for planned giving that will maximize the benefits of a charitable gift through substantial tax and estate planning benefits. You may be able to increase your current income or provide additional retirement income while reducing income or estate taxes. At the same time, it allows you to make a lasting gift to the animals.