Other Ways to Give
Through gift planning, you can make arrangements now to support the work of the Island Institute in the years to come. Planned gift commitments are recognized through our Islands in Time Society and may offer tax benefits to you and your loved ones.
Unrestricted gifts offer the greatest flexibility to respond to priority needs, whenever the gift is realized. If you prefer to direct your gift to a particular program or use, we would be happy to work with you to craft a gift that will meet anticipated future needs.
Naming the Island Institute in your will can be a financially responsible way to make a special gift that otherwise may not be possible during your lifetime. If you are considering leaving a bequest for a specific program or purpose, please contact our development staff. We will work with you to craft a designation that honors your intentions while serving the Institute’s anticipated future needs.
Charitable Gift Annuities
Under a Charitable Gift Annuity agreement, you can make a gift to the Island Institute during your lifetime (and claim any tax benefits permitted by law), and in exchange, the Island Institute will pay you or a designated annuitant a fixed and guaranteed annuity payment for life. Donors age 60 or older may begin receiving annuity payments immediately, while donors age 45 or older can establish a deferred annuity.
Charitable Remainder Trusts
A Charitable Remainder Trust also provides a life income payment and possible tax benefits; upon the passing of the named beneficiary, assets remaining in the trust are transferred to the Island Institute as a charitable gift.
Life Insurance & Retirement Account Beneficiary Designation
Naming the Island Institute as the beneficiary of a life insurance or retirement plan is a simple way for donors at any stage of life to create a legacy gift. When an insurance policy is fully paid, or in the case of qualified retirement accounts, you may choose to make an immediate gift of these assets by transferring ownership to the Island Institute.
The Island Institute encourages donors to discuss potential gifts, especially those that may affect their estate plans, with a professional adviser.
For more information, please review our Gift Acceptance Policy, confidential Islands in Time Member Agreement form, or contact Hannah Barrows.
Islands in Time Society
Collectively, the members of our Islands in Time Society have directed over $1.4 million in legacy gifts to the work of the Island Institute. The commitment of each new member is recognized with a letter signed by the Island Institute President, a commemorative gift, and addition of their name to Society letterhead, used in communication with our supporters. The Island Institute respects the wishes of individuals who wish to remain anonymous, and is grateful to those willing to be named for helping to inspire others through their philanthropy.
Gifts of Stock
The Island Institute welcomes gifts of publicly traded or marketable securities. Making a gift of shares, rather than a gift of cash from the sale of shares, may offer tax advantages.
Employer-sponsored matching gift programs provide an easy way to double the impact of your contribution. If your employer offers such a program, please consider enrolling. Matching gift program forms can be emailed or mailed to:
PO Box 648
Rockland, ME 04841
Tribute & Memorial Gifts
Tribute and memorial gifts provide a meaningful way to honor a special person in your life while helping to sustain Maine’s island and coastal communities. To make a gift in honor of a loved one or important event (weddings, birthdays, retirement celebrations), click here and be sure to fill in the dedication line. We will send a card featuring a print by Peter Ralston notifying the honoree that a gift was made in their name, where instructed by the donor.
Gifts in Kind
The Island Institute may also accept gifts of goods or services that may be used to advance the work of the organization, such as housing for an Island Fellow or refreshments for an event. Accepted in-kind gifts are acknowledged at their estimated fair market value.
If you would like to offer an in-kind contribution, please contact our Development Team.
Other accepted gift types and vehicles are identified in detail in the Island Institute’s Gift Acceptance Policy. If you would like to make a contribution and have questions, please contact our Development Team. Thank you for supporting our work!
Gift Acceptance Policy
Download: Gift Acceptance Policy
The Island Institute relies upon the generosity of its supporters to advance its mission. In recognition of the trust placed in our organization by these supporters, the Island Institute is committed to protecting donor privacy and subscribes to the Donor Bill of Rights (as established by the Association of Fundraising Professionals).
The Island Institute will not sell, share or trade donors’ names or personal information with any other entity, nor send mailings to our donors on behalf of other organizations. This applies to all information received by the Island Institute, both online and offline, as well as any electronic, written, or oral communications.
To the extent any donations are processed through a third-party service provider, our donors’ information will only be used for purposes necessary to process the donation.