Leaving a legacy gift in your will or trust can make a lasting difference to Fort Clinch State Park. The Florida Department of Environmental Protection does not directly accept donations or bequeaths to support Fort Clinch State Park. That’s where the Friends of Fort Clinch, Inc. comes in as the official citizen support organization of Fort Clinch State Park. We serve the purpose, among others, of accepting private funds and utilizing them for the purpose designated.
Your legacy gift should be thoughtfully planned. Many gifts cost nothing now, there is no minimum contribution, and you are not locked into a decision you make today. Many good planning techniques are available, and you should choose the type of legacy gift that best suits your personal objectives.
The Friends of Fort Clinch, Inc. encourages donors to consult with their financial and tax advisors before making a legacy gift.
Some donors prefer to bequeath a certain percentage of the remainder of their estate — the amount that remains after paying all debts, costs, and other prior legacies. Some bequests can be a stated dollar amount, or you can bequeath specific property to the Friends.
Whichever form you prefer, you can direct that your bequest be used for the general support of our work or for a specific purpose supporting Fort Clinch State Park.
Most legacy giving supporters make unrestricted gifts that allow us to use their funds for Fort Clinch State Park's most pressing needs. We are happy to discuss specific ideas you may have for your gift. To make an unrestricted bequest, consider using the following language in your estate plan:
Individuals making legacy gifts via their estate plans are vital to our efforts supporting Fort Clinch State Park. If you plan to include the Friends of Fort Clinch, Inc. in your estate plans or already have done so, please let us know!
It’s easy to designate the Friends of Fort Clinch, Inc. as a beneficiary of all or part of your 401k IRA or other qualified plan. You can obtain a Designation of Beneficiary Form from your retirement plan administrator and complete as directed.
Those, age 70-1/2 and older, with a traditional IRA, must take a mandatory minimum distribution. Donors can transfer funds from their IRA accounts directly to the charities of their choice without first having to recognize the distribution as income. Sometimes called an “IRA Rollover” or a Qualified Charitable Distribution (QCD), a gift made directly from your qualified IRA can lower your taxable income. Because distributions from retirement plans may be subject to income tax, it can be a good strategy to use these for charitable bequests and leave other assets to heirs.
Gifts of stocks, bonds or mutual funds can save on taxes. These types of securities gifted to the Friends of Fort Clinch, Inc. are typically sold and the proceeds used for its programs. You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
Some donors give land or other real estate or other valuable personal property such as vehicles, boats, antiques or jewelry. Let us turn those assets into a legacy. Typically, the Friends would sell the real estate or other tangible property and use the proceeds to fund our programs.