Arthur and Mildred Woollam Nature Preserve Funds go towards ongoing development of Kalamazoo County’s newest county park in Texas Township.

Did You Know?

Did You Know?

You can give to the Parks Foundation of Kalamazoo County through your IRA, Donor Advised Fund, or a Planned Gift?  

What are the Benefits of Giving through your IRA?

• If you are 70 ½ years old or older, you have a special opportunity for giving through your IRA called a Qualified Charitable Distribution (QCD).
  You pay no income taxes on the gift (up to $111,000). The transfer generates neither taxable income nor a tax deduction, so you benefit
  even if you do not itemize deductions.
• If you are required to take minimum distributions from your IRA, you can use your gift to satisfy all or part of your obligation.
• Since the gift doesn’t count as income, it can reduce your annual income level. This may help lower your Medicare premiums and decrease the
  amount of Social Security that is subject to tax.
• Your gift will be put to use today, allowing you to see the direct impact of your donation.
• You can feel good knowing that you are helping to protect expansive natural spaces for the enjoyment of all.

What are the Benefits of Giving through a Donor-Advised Fund?

• When you contribute cash, securities, or other assets to a donor-advised fund, you can take an immediate tax deduction.

• The contributions you make to a donor-advised fund can be invested for tax-free growth.

• You can recommend grants to any eligible IRS-qualified public charity at any time.

  You want your charitable donations to be as effective as possible when you give. Donor-advised funds are the fastest-growing charitable giving vehicle in the U.S. because they are one of the easiest and most tax-advantageous ways to give to charity. 

What are the Benefits of Making a Planned Gift?

• Leave a legacy for future generations: When you make a planned gift, you will have the satisfaction of knowing that expansive natural spaces will be protected and enjoyed long after your lifetime.
• Potential tax savings: A planned gift can reduce income taxes and avoid capital gains during your lifetime. It can also reduce or eliminate estate taxes where applicable.
• Avoid probate: A well-designed planned gift can allow some or all of your assets to avoid the expense and complication of the probate process.
• Directed giving: You can direct your gift to support one or more projects, or to be used where it’s needed most.
• Cash-Flow Friendly: Support the Parks Foundation without losing access to funds during your lifetime.
• Flexible: Most planned gifts may be modified at any time if your wishes or circumstances change.

Ways to Give through your Estate Plan

Consult with your financial or legal advisor to discuss simple, tax-efficient ways to make a bequest to The Parks Foundation of Kalamazoo County:

Wills or Trusts: You can make a bequest gift by naming The Parks Foundation of Kalamazoo County in your will or trust.

Retirement Plans: By naming us as a full or partial beneficiary of your IRA, 401(k) or other qualified retirement plan, you can avoid the income tax liability incurred when most retirement accounts pass to individuals [See above for more info on the Benefits of Giving through your IRA]

Life Insurance Policies: You can name The Parks Foundation of Kalamazoo County as a primary or contingent beneficiary.

Donor Advised Funds: You can name The Parks Foundation of Kalamazoo County as a charitable successor of your fund.

 If you would like to name us in your will or estate plan, we should be named as:

Kalamazoo County Parks and Recreation Development Foundation
Principal business address: 2900 Lake Street, Kalamazoo MI 49048
We are a 501(c)3 organization / EIN: 38-2886994

Contact Us: office@parksfoundationkalamazoo.com / 269-342-1740 to discuss how you can accomplish your goals to leave a lasting gift. Let us know if you have named us in your will or trust so we can ensure that your gift is used according to your wishes. If you prefer to remain anonymous, we will keep your name and gift in strict confidence. You can modify your gift at any time if your circumstances change.

Whatever the gift, we are immensely grateful for the foresight and commitment of those who leave planned gifts to further the cause of conservation and outdoor recreation beyond their lifetimes.

Thank You!