Become a Foundation Partner
Anyone can give to the Legacy Foundation - and it's easy! All forms of gifts and contributions are tax-deductible in accordance with the most current tax laws.
Gifts can be made to the general endowment of the Foundation or to establish a fund within that endowment to honor a specific person or organization. The donor may restrict a portion of that named fund, subject to approval by the board of directors, to a charitable organization for annual distribution. The board of directors manages the general endowment as a single investment entity.
The Legacy Foundation Board of Directors is responsible for distribution of annual grants from the general endowment, within legislated guidelines, and the determination and monitoring of investment policy. The success of the directors in balancing the distribution and investment of funds is demonstrated by the continuous growth of the overall endowment.
Information on making a gift or a bequest can be secured from your attorney, financial advisor, or by contacting the Legacy Foundation.
ANNUAL GIFTS:
Gifts can be made each year or in any one year in the form of cash, marketable securities or real property.
Independent trusts can be established that designate a percentage of trust income annually to the foundation for grant distribution. Three such family trusts currently contribute to the endowment.Cash gifts may be made by sending your check payable to Legacy Foundation to:
Legacy Foundation, P.O. Box 97, Ithaca, NY 14851
ONE TIME GIFTS:
• Name the Foundation as a remainder beneficiary in a will
• Establish the Foundation as a recipient of all or a portion of a life insurance policy. - Create a Trust* naming the Foundation as a remainder beneficiary.* Trusts exist in many forms that can be tailored to individual or family needs. Information is available through financial and estate management individuals and organizations.
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