All donors who include the McKee Botanical Garden in their estate plans or make a planned gift become members of the McKee Legacy Society. Members receive recognition on the McKee Legacy Society Donor Wall, The Garden bi-annual newsletter and Annual Report. The McKee Legacy Society is the Garden's way of saying "thank you" for your vision and dedication to McKee.
Explore how you can make McKee Botanical Garden part of your legacy and, in doing so, help this historic garden thrive for generations to come.
Bequest - A bequest to McKee allows you full use of your assets during your lifetime while leaving a lasting legacy to the Garden. Include McKee in your will or trust for a specific dollar amount, a percentage of your estate, or another type of provision to make a thoughtful gift to the Garden and receive potential tax savings for your estate. An unrestricted bequest provides flexibility to use the gift for McKee’s greatest needs. If you prefer to restrict your gift to a particular program or area of the Garden, please let us know.
Charitable Gift Annuity - To establish a charitable gift annuity, a donor makes a gift of cash or appreciated securities to the Garden. In exchange, the donor is eligible to receive a charitable income tax deduction and receives annual (or quarterly, or semiannual) payments for life. Payment amounts may be made to the donor or to another person and are based on the age of the person receiving the payments.
Charitable Remainder Trust - A charitable remainder trust is made during your lifetime with benefits to you and a deferred benefit to McKee. When cash or securities or another asset are transferred to a trust, you receive payments from the trust for life or for a term of years (not exceeding 20). At the end of the lifetime or term of years, the trust terminates and the assets are passed to McKee.
Charitable Lead Trust - Such trusts work just the opposite of Charitable Remainder Trusts. A charitable lead trust is established when cash or securities or another asset are transferred to a trust. You would arrange for McKee Botanical Garden to receive payments from the trust. At the end of the trust term, the remaining assets are distributed to the designated beneficiaries, usually children or other family members.
Life insurance - Name McKee Botanical Garden as beneficiary of all or a percentage of a fully paid life insurance policy you may no longer need and you may receive a charitable estate tax deduction for the portion you designate.
Retirement plan assets - Designating McKee Botanical Garden as the beneficiary of some or all of your IRA can be one of the most efficient ways to make a tax-free gift after your death. Name the McKee Botanical Garden as a percentage beneficiary of your retirement plan assets and your estate will receive the appropriate charitable estate tax deduction.
Stock and Bond - Avoid capital gains tax and receive an income tax deduction for the market value when you make a gift. Gifts of savings bonds have tax consequences when transferred to individuals but may be bequeathed to charities with fewer tax ramifications. If you are thinking of making a bequest to charity and own savings bonds, considering funding your bequest with savings bonds.
Real estate - Gifts of homes or real property offer benefits, too. Real property gifts may include gifts of a primary residence or a vacation home. You may deed your home or vacation home to McKee while residing in and maintaining it during your lifetime and still be eligible to receive tax savings. Real estate gifts are subject to review by the McKee Botanical Garden.
Remember to consult your attorney or other advisor before making a bequest or planned gift. This information is for educational purposes and is not intended as legal advice.
Sample Bequest Language:
Please feel free to adapt this language with your attorney to fit your individual situation.
"I (name) of (city, state, zip) give McKee Botanical Garden (the sum of) (all or __percent of my residual estate) to be used for its general purposes (or for the specific program of your choosing)."
Legal Name : McKee Botanical Garden
Address : 350 US Highway - 1, Vero Beach, FL, 32963
Federal Tax ID # : 65-1189895
If you would like to make McKee Botanical Garden part of your personal legacy, we would be delighted to work with you to identify planned gift options that are aligned with your individual goals. For more information, please contact Christine Hobart, Executive Director, 772.794.0601, ext. 105 or email@example.com.
Kindly let us know if you have already included McKee Botanical Garden in your will or estate so we may recognize your commitment. Thank you for your dedication and commitment to our mission.
THE MISSION OF MCKEE BOTANICAL GARDEN IS TO NURTURE AND ENHANCE A HISTORIC GARDEN IN A UNIQUE TROPICAL SETTING FOR THE EDUCATION, ENJOYMENT, AND ENRICHMENT OF ALL.