Native Plant Trust

Planned Giving

Your Legacy to Native Plants

Expand your impact with the gift of a lifetime

You care about native plants and their role in sustaining life on our planet. Your passion for the natural world extends beyond enjoying it in the here-and-now. You have a vision for your environmental legacy.

Arranging to make a gift from your estate today helps to ensure a brighter tomorrow for New England’s native plants. Your planned gift could be one of the most meaningful contributions of your lifetime. 

We offer different ways to create a legacy gift from your estate, described below. Our Philanthropy team is available to help you think through planned-giving options and will work with you and your financial advisors to make your vision for the future a reality. Contact us at 508-877-7630 x3802 or development@NativePlantTrust.org.

Bequests

Providing for the future while preserving your assets now

Including Native Plant Trust in your estate plan allows you to make a significant and meaningful gift today, while also preserving your assets during your lifetime. Some of the most significant gifts supporting our work in native plant conservation, horticulture, and education have been made through generous bequests. 

A bequest may provide for donation of a dollar-value amount or a percentage of your estate. A bequest may also be in the form of a gift of the remainder of your estate. Bequests, like other gifts, can be given without restriction or designated for one or more purposes. Since projects and programs may change over time, please keep any restrictions as broad as possible within our core mission. And, to ensure that your wishes can be carried out as you desire, please consult us about focus areas before making a restricted provision in your will or estate plans. 

Informing us about your bequest or other estate plan to benefit Native Plant Trust enables us to thank you and to recognize your generosity and forethought in our annual donor report. Of course, if you prefer to remain anonymous, you have the option to forgo publicizing your planned gift.

The following examples suggest language for making unrestricted and restricted bequests.

Sample Bequest Language  Unrestricted

“I bequeath [the amount in dollars or percentage of estate] to Native Plant Trust, Inc., a charitable corporation established by the law at 180 Hemenway Road, Framingham, MA 01701, for its unrestricted use.”

Sample Bequest Language – Restricted

“I bequeath [the amount in dollars or percentage of estate] to Native Plant Trust, Inc., a charitable corporation established by the law at 180 Hemenway Road, Framingham, MA 01701, to be used to [how you wish your donation to be used; for example: endow the Seed Ark, help fund the horticulture internship program, further our conservation activities, manage and maintain Garden in the Woods, support propagation research and development, provide public programs in native plant botany].

Please note: This is general information and is not presented as specific legal or tax advice.

Charitable Remainder Trusts

Long-term practicality, with benefits both today and tomorrow

Charitable remainder trusts allow you to claim a charitable deduction in the year the gift is made, provide an income stream for yourself or someone you designate, remove assets from your taxable estate, and ultimately leave a significant gift to Native Plant Trust. Charitable trusts can be funded with gifts of securities, cash, or real estate. The asset becomes the property of the trust, and when the trust sells it, the asset is exempt from tax, offering options for portfolio diversification.

A charitable remainder trust allows you to name yourself, or someone else, to receive the potential income stream, either for a fixed term of years—currently no more than 20—or for the beneficiary's lifetime, and then Native Plant Trust to receive the remainder of the donated assets.

Please note: This is general information and is not presented as specific legal or tax advice.

Individual Retirement Accounts and Insurance Policies

Make an impact that could also benefit your heirs

When was the last time you reviewed your Individual Retirement Account (IRA) or insurance policy beneficiaries? It is easy to overlook this task, but it is just as easy to make a change. Most providers now allow their account and policy holders to make beneficiary updates or request the relevant form online. Simply enter Native Plant Trust, Inc., as your full, 100 percent, or partial beneficiary—depending on the language used in your document. There's no need to send us a copy, but we do appreciate your letting us know so we can include you in our Trillium Society recognition program for planned giving donors.

In addition to the great feeling that comes of knowing you are making an impact on the future health and well-being of New England's native plants, there are sound financial reasons to designate Native Plant Trust as your IRA beneficiary. Generally, under current law, your spouse, child, or other designated individual beneficiary of a traditional IRA has to pay federal income tax on any distribution received from the IRA after your passing. A nonprofit organization does not. So, a direct contribution of your retirement assets could be highly tax efficient because, in some situations, it could mean making more funds passed to both your heirs and Native Plant Trust.

While there are there are currently no comparable tax advantages in making Native Plant Trust a beneficiary of your life insurance policy, doing so is a very simple way to leave a substantial gift to your favorite nonprofit upon your passing. And, since most policy benefits greatly exceed the cost of the premiums, your donation could be far larger than you might be able to make during your lifetime. Plus, your overall estate would be reduced by the death benefit paid to a nonprofit, which may have a positive tax implication for your heirs.

Please note: This is general information and is not presented as specific legal or tax advice.

Charitable Gift Annuities and Deferred Charitable Gift Annuities

Lifetime gifts with annual rewards

Charitable gift annuities are among the most popular planned gifts and have been around for more than 100 years. This is a wonderful way to support Native Plant Trust’s mission while receiving tax benefits and annual tax-free income payments for yourself or a loved one. .

For example: a $10,000 gift* to a 72-year-old person would provide a payout of $540 a year, $391 of which would be tax-free. That person can be you or someone you designate. For a person aged 76, that annual payout would be $600, $448 of which would be tax-free. And, if the person is 80 at the time the gift is made, s/he would receive $680 every year, $524 of which would be tax-free.  (*These calculations assume the gift is made in cash.)

Currently, capital gains may be reduced dramatically and may be reported over a number of years so that those taxes are not due all at one time. In many cases, according to current tax law, a portion of each payment received is tax free. Our minimum annuity gift is $5,000. Contact us to see an example tailored to your circumstances.

You can choose from two versions of charitable gift annuities:

Charitable Gift Annuity
Provides a guaranteed, fixed income for you and/or another beneficiary. You and/or they must be at least 60 years of age at the date of the agreement. Rates offered are based on your specific age(s) at the time of the gift. Payments are made quarterly. Charitable Gift Annuities, currently, generate an immediate charitable income tax deduction. 

Deferred Charitable Gift Annuity:
Similar to the Charitable Gift Annuity, except that payments are deferred until you are aged 60 or older. Because income can be postponed, this is a popular vehicle for retirement planning or to save for an upcoming expense such as a child’s college education. Annuity payments are determined by your age at the time of the agreement and the date payments begin. The younger you are at the initiation of the agreement, and the longer the payments are postponed, the larger the fixed rate of return. Even though you do not start receiving payments until a pre-selected date in the future, a portion of your gift is, currently, immediately deductible for federal income tax purposes on an itemized return.

Please note: This is general information and is not presented as specific legal or tax advice.

“We make a living by what we do. We make a life by what we give.”

—Winston Churchill
Trillium Society illustration

Our Trillium Society

With a gift from your estate, you join our esteemed Trillium Society, a circle of legacy donors who enjoy special events.

Check Events Calendar

“I was always interested in providing major support for this wonderful organization, in addition to my annual gifts, but thought it would be a complicated process requiring significant investments. Not true! In talking to the staff, I learned how to make a planned gift far larger than what I could donate during my lifetime.”

—Anita Springer, Trillium Society member

“Not every organization can say that their gift-planning program is shipshape, but Native Plant Trust certainly can. You can take it from someone who knows!”