Planned Giving
A Gift That Carries Camp Forward.
Create a lasting connection to William Lawrence Camp while helping future generations of campers find their place here.
Planned Giving
Create a lasting connection to William Lawrence Camp while helping future generations of campers find their place here.
Your legacy at William Lawrence
Making a planned gift to William Lawrence Camp is a meaningful way to support Camp and its mission while also meeting your personal, financial, and philanthropic goals. Through strategic gift and estate planning, you may be able to give more than would be possible through regular annual giving while creating benefits for you and your heirs. Your planned gift is an investment in William Lawrence that can serve generations of campers.
Camp’s Development office can help facilitate charitable gifts that are part of your financial or estate plan. Whether you are considering retirement assets, a provision in your will or trust, a life insurance policy, or a gift that provides lifetime income, there are many ways to support William Lawrence Camp through planned or deferred giving. Donors of planned gifts are recognized as members of the Candlelight Society.
A thoughtful next step
A planned gift may support the endowment, scholarships, programs, buildings, or Camp’s greatest needs.
Because every situation is different, your financial, tax, or legal advisor can help you choose an approach that fits your goals.
Ways to give
Explore several common ways to include William Lawrence Camp in your financial or estate plans. Open any topic for details and sample language.
Most planned gifts are in the form of a will, or simple bequest. If you wish to include William Lawrence Camp as part of your estate planning, you may do so by naming William Lawrence as a beneficiary under your will or revocable living trust. However, if your present planning documents are already in place, you may wish to consider adding a simple amendment to either document.
Sample Language for a specific amount: I, _________, hereby bequeath to William Lawrence Camp, of Center Tuftonboro, New Hampshire, the cash sum of $_____ dollars [or substitute specific shares of stock or other property], for such needs of the Camp as its Board of Trustees may determine.
Sample Language for a percentage amount: I, _________, hereby bequeath to William Lawrence Camp, of Center Tuftonboro, New Hampshire, an amount equivalent to _____ percent of the balance of my residuary estate, for such needs of the Camp as its Board of Trustees may determine.
A donor-advised fund allows you to make periodic recommendations for the charitable distributions from the fund. DAFs may offer tax advantages; appreciated assets used to establish the fund may be deductible at the current fair market value.
If you are likely to be subject to a large estate tax, then a charitable lead trust may fit your situation. You would establish and fund an irrevocable trust. You would name William Lawrence Camp as the income beneficiary of the trust, usually for a set term of years. At the end of the term, the remaining trust assets are returned to your estate or passed on to your heirs.
Gifts of appreciated securities may offer the benefits of reduced tax liability while furthering the goals of William Lawrence Camp. Using appreciated securities which you have held for over one-year to make a charitable gift may avoid the long-term capital gains tax and possibly allow you to deduct the full fair-market value of the stock. To achieve this result, shares must be transferred to William Lawrence Camp and not sold, redeemed or exchanged by you.
Generally, you can make a qualified charitable distribution directly from your IRA to William Lawrence Camp, rather than the distribution paid to you. See IRS Publication 590-B, Distributions from Individual Retirement Arrangements for details.
A beneficiary designation gift is a simple and affordable way to make a gift to support William Lawrence Camp. You can designate us as a beneficiary of a retirement, investment, bank account, or your life insurance policy.
If you are interested in making a gift but are also concerned about your future needs, keep in mind that beneficiary designation gifts are among the most flexible of all charitable gifts. Even after you complete the beneficiary designation form, you can take distributions or withdrawals from your retirement, investment or bank account and continue to freely use your account. You can also change your mind at any time in the future for any reason.
Occasionally, William Lawrence Camp accepts a gift of a unique asset that may benefit the Camp. The acceptance of these gifts may require approval from the Board of Trustees due to the unique nature of the gift or the transfer process of these assets. These assets include:
For additional information about matching gifts, naming gifts, gifts in kind or appreciated securities, please call the Camp at 603-569-3698.
A legacy of stewardship
Planned giving is an opportunity to make an enduring statement of your belief in William Lawrence Camp. As a legacy supporter, you become a member of the Candlelight Society.
For over a century, William Lawrence Camp has helped boys become responsible leaders. While alumni and families look back on their Camp experiences, William Lawrence continues to plan for the next generation with the same core traditions and mission.
Your planned gift can be a bridge between your Camp story and the summers still to come. Gifts may support the endowment, specific programs, scholarships, buildings, or Camp’s general needs. Some approaches, such as a gift through your will, may be simple. Others, including a charitable gift annuity or charitable remainder trust, may provide income while setting aside support for William Lawrence Camp.
With gratitude
Created in gratitude for campers and friends who have included William Lawrence Camp in their estate plans.
If you have named William Lawrence Camp in your estate plans—or would like to learn more—please call Camp at 603-569-3698.
If your planned-giving story could encourage others, contact us so we can share it.
More ways to plan
These structures can help you support William Lawrence Camp while addressing specific estate, retirement, or income-planning goals.
Writing your will is one of the most important steps in your estate planning. Without a will directing the distribution of your estate, no assets will go to the Camp, no matter how important your camp experience was to you.
If you have a will, you should review it and update it as needed. The updates can reflect the changes in your life, as well as ensure a statement of your charitable intent.
A bequest in your will can be written to give a percentage, a stated amount, or a residual amount.
It is not unusual for a retirement plan to build up, tax-free, over many years. The accounts may be Individual Retirement Accounts (IRAs), 401(k), 403(b), Keogh, and other retirement accounts. Beneficiaries of account balances will be subject to federal income tax upon distribution.
Possible estate and income taxes can result in the loss of a substantial portion of your retirement savings for your heirs. By designating William Lawrence Camp as beneficiary of your retirement accounts, you may be able to reduce the income and estate tax liabilities.
Life insurance policies may no longer be needed or serve the purpose for which they were originally intended, such as funding for a key person in a business, or providing for loved ones who now may not need the additional income.
Life insurance offers a few ways to make a gift. You can name William Lawrence Camp as a beneficiary on an existing life insurance policy. You may be able to transfer ownership of a policy to William Lawrence Camp.
A charitable remainder trust (CRT) is an irrevocable trust that provides payments for a single life, multiple lifetimes, or a set term of years. These payments can be made to you or other income recipients. A trust company manages the trust assets and makes the payments. After the lifetime of the payment recipient(s) or the expiration of the term of years, the remaining trust assets become available for the work of William Lawrence Camp, according to your wishes.
The CRT is often funded with low-cost basis property, such as stock. The property is usually sold to create a diversified portfolio. This sale within the trust is not subject to taxes. The portfolio then pays an income to you and possibly others. There are two general types of CRTs: a unitrust, which pays a variable income to you; and the annuity trust, which pays a fixed dollar amount to you each year.
You may bequeath real estate in your will to William Lawrence Camp. Also, it may be possible to make a gift of real estate and still retain the use of it during your lifetime. This allows you to claim a charitable deduction for the gift while retaining all the benefits, and usually expenses, of ownership. After your lifetime, the charity will have complete control of the property.
We’re here to help you explore a gift that reflects your values, your connection to William Lawrence Camp, and your hopes for the future.