a Foundation Partner
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
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
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.
on making a gift or a bequest can be secured from your attorney, financial
advisor, or by contacting the Legacy Foundation.
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.
may be made by sending your check payable to Legacy Foundation to:
Foundation, P.O. Box 97, Ithaca, NY 14851
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.
2017 The Legacy Foundation of Tompkins County. All rights reserved.