An endowment is a fund where the principal (gifts to the fund) is never spent; only the growth on the fund is distributed.
The endowment fund for the Conservancy is another way your giving can promote the long term goals of protecting easements on land. Endowments to this fund allow the Conservancy to provide responsible stewardship now and into the future. All donations to the Cadillac Area Land Conservancy Endowment Fund are invested under the direction of the Cadillac Area Community Foundation.
For more on how this form of giving can provide you with tax benefits, please view the Endowment Brochure
.
Cadillac Area Land Conservancy and the Cadillac Area Community Foundation
All donations to the Cadillac Area Land Conservancy Endowment Fund are invested under the direction of the Cadillac Area Community Foundation.
An endowment is a fund where the principal (gifts to the fund) is never spent; only the growth on the fund is distributed. Endowments to this fund allow the Cadillac Area land Conservancy to provide responsible stewardship now and into the future.
The Cadillac Area Community Foundation offers:
- Services that allow the endowment to serve the organization and the community in perpetuity
- Donors the ability to direct their gifts to provide for the future of the Cadillac Area Land Conservancy (CALC).
- Pooled investments with the potential for higher rates of return
- Knowledgeable staff who can educate donors about the purpose and promise of the fund
The State of Michigan provides additional incentive with the Michigan Community Foundation Tax Credit.
The law permits a taxpayer to reduce Michigan income tax or Single Business Tax liability by a credit of 50% of the amount contributed to an endowed fund held by a community foundation, subject to a maximum credit of:
- $100 for an individual filing singly (for a $200 donation)
- $200 for a married couple filing jointly (for a $400 donation)
- $5,000, or 10% of tax liability before claiming any credits, whichever is less,
for a resident estate or trust (based on a $10,000 gift) - $5,000, or 5% of tax liability before claiming any credits, whichever is less,
for taxpayers filing a Michigan Business Tax return (based on a $10,000 gift).
Making a Contribution is Simple
Listed below are a few ways you can contribute to the Cadillac Area Land Conservancy Endowed Fund at the Cadillac Area Community Foundation:
Gifts of Cash
A gift of cash is one of the most popular choices for many donors. Simply print, fill out and return your donation using our Donation Form (PDF).
Memorial Gifts
Remembering a loved one on an anniversary, birthday or to honor their memory is a wonderful way to benefit CALC.
Credit Card / Online Gifts
Donors can make a credit card gift selecting the JustGive image below, or to the right side of our website on the sidebar.
Just look for the following symbol (or click on the image below):
It’s as easy as 1-2-3 to click and donate.
The website is secure, and 97% of your donation goes directly to CALC. Donations will be processed and an official receipt will be sent immediately.
Appreciated Securities
A donor can make a gift of appreciated securities, take a tax deduction for the market value of the gift, and pay no capital gains tax.
Bequests
Bequests made in wills or trusts are attractive methods of giving for people who want to minimize estate taxes while providing for the Cadillac Area Land Conservancy for future generations.
Life Insurance Policies
Donors may choose to make a gift by assigning a life insurance policy to the Cadillac Area Community Foundation to be directed to the Cadillac Area Land Conservancy Endowment Fund.
124 ½ N Mitchell Suite 115