There are a number of ways you can contribute to ORLT and help create a green legacy for our region. These gifts, which are considered charitable contributions, can be for ORLT's general support, or you can designate your gift to ORLT's Endowment Fund. The Endowment Fund supports ORLT's every day operations, from staff salaries to staplers - none of it glamorous, but all of it essential to accomplishing real conservation. The Endowment Fund was established so as to ensure that ORLT is as permanent as the land we protect.
Here are some ways you can have a lasting impact:
A contribution today is the simplest gift to make and has immediate benefit for ORLT.
One of the most common and lasting forms of giving which allows you, in your last will & testament, to designate a specific property, dollar amount, or percentage of your estate to be donated to ORLT.
Gifts of Retirement Plans or IRAs
Distributions of your IRA or retirement plan to your heirs can be subject to income and estate taxes. By designating ORLT as a beneficiary, 100% of the balance can be used by ORLT.
You can also choose to make a Qualified Charitable Distribution (QCD) directly from a taxable IRS. Donors over 70 1/2 may donate up to $100,000 to a qualified charity from their IRS. This donation can be used to meet all or a part of the required minimum distribution while reducing your taxable income. Please contact ORLT or your financial advisor for more information.
Life Insurance Policies
Transferring ownership of policies you feel you may no longer need may allow you to receive a charitable income tax deduction. You may also designate ORLT as a beneficiary of your policy.
Charitable Remainder Trusts
Also fundable with a wide variety of assets, this can provide income for you, your spouse, or other beneficiaries. Upon death, a specific amount or percentage of your estate will be designated to your heirs, and the remaining balance can be donated to ORLT to avoid capital gains taxes.
You can receive a charitable deception by donating property to a nonprofit land trust. ORLT will accept gifts of real estate for conservation lands to be protected and for real estate intended to be sold by the land trust to support our work.