Planned Giving Options

Benefits of Planned Giving   OWL

A planned gift to CELT makes it possible to:

  • Preserve the character of Cape Elizabeth, now as well as beyond your lifetime
  • Memorialize someone you love
  • Make a contribution that provides tax advantages and/or a current income stream for you or your beneficiaries
  • Perhaps make a larger gift than would otherwise be the case, thereby increasing the impact of your donation
  • Sustain your giving into the future

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Oak Society Member Dr. Joseph Schenkel, Past CELT Board President

“On a fine autumnal evening, some twenty odd years ago, I wandered into an annual meeting, being held in the Grange Hall, of the newly emergent Cape Elizabeth Land Trust. A warm welcome coupled with an explanation of their goals and I was hooked. I still am. Now in CELT’s maturity, it gives me great pleasure and satisfaction to continue playing a part in this effort to save so much of Cape’s beautiful and bountiful land for future generations. I hope that my bequest will contribute to CELT’s ability to fulfill its mission for years to come.”

Dr. Joseph Schenkel


And may be made in many forms…

CELT routinely accepts gifts of cash and securities as well as a number of other common lifetime and estate gifts. Planned gifts such as charitable remainder trusts, retirement and life insurance policy designations, and bequests are among the options you may wish to consider.  CELT’s Gift Acceptance Policy provides details related to these and other gifts, or you may contact CELT Executive Director Cindy Krum if you have any questions about the various planned giving vehicles that you and your professional advisors might consider.

Your gift may be given in support of our general operations, or may be dedicated toward one particular aspect of our work.  If you are considering a restricted gift please arrange to meet with us to discuss available options.

Endowment

CELT’s Board has recently established and seeded a General Endowment Fund to assure that CELT will be able to meet its commitments – now and in the future. With your support, income generated by this endowment fund will provide CELT with a perpetual source of annual revenue that will play a critical role in achieving CELT’s mission and foster its ability to fulfill its obligations to care for the lands that it has protected in perpetuity.

You may consider a donation to the General Endowment Fund either as a planned gift or as a lifetime giving option. All planned gifts to the Fund, as well as lifetime endowment gifts of $5,000 or more, qualify for membership in The Oak Society.

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Oak Society Member Carol M. Fritz, Founding CELT Board Member and Past CELT Board President

“As one of the founders of the Cape Elizabeth Land Trust, I have been so impressed by the successful development of the organization and the amount of land that has been preserved over the past 31 years. CELT has worked cooperatively with the Conservation Commission, Town Council and other organizations to make it happen.

A great deal of money has been raised from individuals to purchase these lands and there are additional important parcels that should be acquired. But, now is also the time to begin to build an Endowment that will take care of these properties, continue educational efforts and help with acquisitions for future generations. I am pleased to contribute to CELT’s Oak Society Endowment Fund and will include it in my will to assure that Cape Elizabeth retains its excellent quality of life.”

Carol M. Fritz

 

 

 

 

A bequest through your will or living trust is an easy way to make a legacy gift to CELT….

The following suggested language for consideration by you and your legal advisor would provide unrestricted support for CELT’s three-fold mission to preserve land, provide responsible stewardship, and deliver educational programs that foster appreciation of natural areas:

“I give (_____ dollars) (or a specific asset) or (_____percent of the rest, residue and remainder of my estate) to the Cape Elizabeth Land Trust, a charitable, tax-exempt organization located in Cape Elizabeth, Maine, for its general purposes.” And there are many other planned giving alternatives.

Perhaps CELT is already included in your estate plans…

If so, please let us know. We’d like to welcome you to The Oak Society and present you with your Oak Society pin. We hope that you will wear it proudly. Your participation in The Oak Society will also be recognized in donor listings and through inclusion in events specifically designed to honor our major donors.

If you prefer to remain anonymous, you may, of course, do so, and you may choose not to receive future invitations to Oak Society events. The key point is that our knowledge of your estate plans helps CELT to plan more effectively for the future.

Oak Society Members Paul and Sarah Muscat, CELT supporters. Photo by Claudia Dricot.

“We believe that all of us fortunate enough to live in Cape benefit every day from the work that CELT does, which goes beyond just intelligent land stewardship. With an eye towards the past as well as the future, CELT helps build community and fosters a sense of shared responsibility for what ultimately is public space to protect, as well as to enjoy. When we recently updated our estate plans, it was an easy decision to remember this wonderful organization, which literally is in our back yard.”

Paul and Sarah Muscat