There are several ways for you to create a legacy at MALT. One that will have a far-reaching impact in our community but costs nothing to make now is a planned gift. Future generations will benefit from the foresight of our donors in including MALT as part of their estate planning.
Donors who make a planned gift to MALT are recognized as members of the Phyllis Faber Legacy Giving Circle, named in honor of MALT’s visionary co-founder who modeled the way in making a generous planned gift to MALT. Benefits of membership include invitations to legacy and other MALT events to connect with like-minded supporters who share your commitment of leaving a meaningful legacy.
Legacy giving matters because it:
- Creates permanent protection for working farmland and ranchland
- Preserves Marin’s agricultural heritage for future generations
- Strengthens local food production and the agricultural economy
- Maintains the scenic beauty and ecological health of Marin County
- Builds lasting environmental stewardship through conservation
There are many ways to build your conservation legacy.
Here are a few easy ways to make a planned gift:
- Wills and Living Trusts: Create a lasting impact through your will or living trust. It is easy to arrange and costs nothing to do today. See sample language for your will.
- Beneficiary Designations: You can easily name MALT as a beneficiary of your IRA, 401(k), 403(b), donor-advised fund (DAF), life insurance, or other accounts. Simply request a beneficiary designation form from your plan administrator. Plus, tax-deferred assets left to MALT are likely not subject to tax.
Gift that can provide income and require a bit more planning include:
- Charitable Gift Annuities: Receive fixed, annual payments, an immediate income tax benefit, and the satisfaction of supporting MALT. This gift can supplement retirement income and, if funded with long-term appreciated securities, you likely won’t owe capital gains tax on any related gain.
- Charitable Remainder Trusts: Convert appreciated assets like real estate and securities into lifetime income. In addition, you’ll likely receive a tax deduction and make a meaningful, lasting contribution to our conservation efforts.
Other types of planned gifts to consider are:
- Charitable Lead Trusts: Support MALT now and provide for loved ones later with a charitable lead trust. Your assets could fund a trust that donates to MALT for a set period, after which the remaining balance transfers to your chosen beneficiaries — family or anyone you wish to support financially, ensuring their long-term security.
- Real Estate: Donate real estate to MALT and reduce taxes, eliminate ownership costs, and provide vital support to MALT. If owned for more than a year, you’ll likely get a tax deduction for its full market value and you may not owe capital gains tax. MALT would consider accepting agricultural land for conservation, properties for sale, life estate agreements (letting you stay in your home for life), and partial interest gifts.
Thank you for considering joining the Phyllis Faber Legacy Giving Circle, where you’ll be part of a visionary community committed to preserving Marin’s agricultural lands, farms, and ranches for generations to come.
For more information, contact: Hillary Pollaro, Major Gift Manager (415) 663-1158 ext. 314 hpollaro[at]malt.org. Tax ID: 94-2689383
If you have already included MALT in your estate plans or would like additional information, please let us know by completing the form below.