Action: Encourage legacy endowment gifts to sustain CFPA’s mission.
What is it?
Planned Giving allows a generous individual and/or family to leave a legacy to support CFPA’s mission into the future through:
- Donating to an organization’s mission that you value both before and after your death,
- Exerting control over the distribution of your assets before death, and
- Utilizing tax benefits that enable gifts to CFPA alongside any other personal priorities.
CFPA has provided basic information about making planned legacy gifts on our website, and is providing ongoing encouragement through showcasing individuals who have committed to or made planned gifts in all publications. The most straightforward legacy gifts that CFPA encourages are simple bequests and gifts from individual retirement accounts (IRA) during life and afterward.
Why is it important?
Whereas annual gifts from individuals, families, and organizations are critical to underwrite CFPA’s ongoing programs, planned gifts to CFPA’s endowment can have long-lasting, dramatic impacts. It will take a strong combination of annual support and legacy gifts to both implement and sustain “Today’s Land, Tomorrow’s Legacy.”
What will the impact be?
Legacy gifts to CFPA’s endowment will have the following impacts:
- Sustain CFPA’s strong, independent voice at the Capitol fighting for forests, parks, and trails;
- Underwrite efforts critical to CFPA’s mission that are fundamental and never-ending, such as maintaining and protecting the Blue-Blazed Hiking Trails;
- Ensure CFPA attracts and retains the top quality staff, board members, and program volunteers who are fundamental to our short- and long-term success;
- Buffer CFPA’s future against short-term turns in the economy or other factors that could impact other sources of funding support; and
- Ensure CFPA is able to respond robustly when short-term opportunities to make long-term investments arise (e.g. acquiring land or easements to preserve key properties).