Through your generous donations the Mare Island Historic Park Foundation will pursue acquiring USS OLYMPIA so that she may sit proudly in Mare Island's historic Dry Dock #1 as a living tribute, legacy, and reminder of the American values of strength, freedom and peace. $20M in funds will be required to support tow of the ship and other site specific costs and infrastructure issues necessary to display the ship at Mare Island. As a 501(c)(3) non-profit organization, the Mare Island Historic Park Foundation receives no funds from the U.S. Navy and relies on the generous gifts and contributions of individual donors and corporate sponsors. All gifts are tax deductible and are recognized appropriately.
Ways To Give
Gifts of cash, stocks, bonds, real estate and tangible property
Checks (made payable to the Mare Island Historic Park Foundation) Contributions should be designated "MIHPF - Olympia Fund" and be mailed to:
Mare Island Historic Park Foundation
328 Seawind Drive
Vallejo CA 94590
Paypal, Master Card, VISA, American Express and Discover Card by clicking on the link below. We do not handle Debit Cards.
Gifts of cash, stocks, bonds, real estate and tangible property
Charitable Remainder Trusts (CRT's) have been in existence since 1969. These multi-faceted trusts provide the following benefits:
Defers or eliminates capital gains tax
Provides present income tax deduction
Generates income stream o Payments can be a fixed amount or percentage of trust assets Terms are made for beneficiaries' lifetime, up to a term of 20 years, or combination of both
MIHPF receives the asset at the end of the trust term
The asset is removed from donor's estate
Giving Through Your Will or Trust
A bequest through your will or trust is one of the most convenient ways to donate to MIHPF's mission and vision. To create this gift, all you need to do is name the MIHPF as a beneficiary of either a percent, specific asset, or the residual (what is left over) from your estate.
Percentage gift:
Name the MIHPF as a percentage beneficiary in your will or trust. Sample language: "I hereby give, devise, and bequeath an amount equal to ____% (_______ percent) of the total value of my estate to the Mare Island Historic Park Foundation, 328 Seawind Drive, Vallejo CA 94590."
Specific gift:
Name the MIHPF as beneficiary of a specific monetary amount from your estate or a specific asset or group of assets (such as securities, real or tangible property) from your estate.
Sample language: "I hereby give, devise, and bequeath a monetary amount of $____ to the Mare Island Historic Park Foundation 328 Seawind Drive, Vallejo CA 94590." Residuary gift:
Name the MIHPF a residuary beneficiary in your will or trust. The residuary of your estate is any property that is not specifically left to someone and that which remains in the estate after all estate costs have been deducted. Sample language: "I hereby give, devise, and bequeath the residuary of my estate to the Mare Island Historic Park Foundation 328 Seawind Drive, Vallejo CA 94590."
When designating the Mare Island Historic Park Foundation in your estate plans, include the Museum's tax identification number (68-0352022) in your will or estate instructions. Please send a copy of your estate designation to:
Ken Zadwick, President
Mare Island Historic Park Foundation
328 Seawind Drive
Vallejo CA 94590.
Gifts Directly From Your IRA
Giving through your IRA has never been more beneficial than right now! For the past four tax years, 2006-2009, all IRA owners over the age of 70 1/2 have been eligible to make gifts to the MIHPF directly from their IRA's without reporting any taxable income to the IRS. Good News! - The recently passed "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" extends this great benefit for the 2010 and 2011 tax years. An IRA gift may be made as:
a percentage of your IRA
a specific dollar amount
your annual required minimum distribution amount
a gift of less than $100,000 in any one year
